BSA Manager

State Employees Credit Union of New Mexico; Santa Fe (NM); On-site; USD 80,288 - 100,339; Full time

Benefits offered by this job

Competitive benefits

Job summary

State Employees Credit Union of New Mexico seeks an experienced BSA Manager to lead BSA/AML, OFAC, and financial crimes compliance initiatives. You will oversee monitoring, investigations, and regulatory reporting to ensure lawful operation and risk controls, reporting to the Chief Risk Officer.

The role requires deep regulatory knowledge, strong leadership, and the ability to drive process improvements across departments, including risk, lending, and IT. Exempt, full-time position in Santa Fe.

Qualifications

• Advanced knowledge of BSA/AML, OFAC, and financial crimes regulatory requirements.
• Advanced knowledge of suspicious activity investigations and regulatory reporting requirements.
• Advanced analytical and problem-solving skills.
• Advanced written and verbal communication skills.
• Advanced organizational and documentation skills.
• Advanced ability to manage multiple priorities and regulatory deadlines.
• Advanced ability to collaborate with leadership, auditors, and examiners.

Responsibilities

• Manage day-to-day administration and execution of BSA/AML, OFAC, and financial crimes compliance programs.
• Oversee suspicious activity monitoring, investigations, escalations, case dispositioning, and regulatory reporting processes.
• Ensure timely filing of SARs, CTRs, OFAC reviews, and other regulatory reports.
• Develop and enhance BSA/AML procedures, controls, workflows, and documentation standards.
• Administer transaction monitoring and case management systems (Verafin or equivalent).
• Coordinate quality control reviews and compliance testing to ensure regulatory alignment.
• Monitor program performance and identify risks or control gaps; recommend improvements.
• Prepare reports, metrics, dashboards, and program updates for management and regulators.
• Support examinations and audits, including documentation gathering and remediation tracking.
• Partner with Compliance, Risk, Operations, Lending, and IS departments to manage enterprise-wide risk.
• Provide guidance and training on BSA/AML and financial crimes matters to staff.

Skills

BSA/AML knowledge

OFAC knowledge

Investigations

Regulatory reporting

Analytical skills

Communication skills

Organizational skills

Leadership

Confidentiality

Education

Bachelor's degree in Business, Finance, Accounting, Criminal Justice, Risk Management, or related field

7+ years BSA/AML and compliance experience

Tools

Verafin

Job description

Exempt

14: $80,288.00 - $100,339.20 Target Annual Pay

Job Summary

The BSA/AML Manager is responsible for the day-to-day administration, execution, and continuous enhancement of State ECU's BSA/AML, OFAC, and financial crimes compliance programs. This role oversees operational monitoring activities, investigations, regulatory reporting, quality control processes, transaction monitoring systems, and reporting activities to support compliance with applicable laws, regulations, and regulatory expectations.

Position Title: BSA Manager

Reports To: Chief Risk Officer

Supervises: To be determined

Job Status: Exempt

Job Grade: 14: $80,288.00 - $100,339.20 Target Annual Pay

Duties/Responsibilities

• Manage the day-to-day administration and execution of State ECU's BSA/AML, OFAC, and financial crimes compliance programs.
• Oversee suspicious activity monitoring, investigations, escalations, case dispositioning, and related regulatory reporting processes.
• Ensure timely, accurate, and well-documented filing of SARs, CTRs, OFAC reviews, and other required regulatory reports.
• Develop, maintain, and enhance BSA/AML procedures, controls, workflows, monitoring processes, and documentation standards.
• Administer transaction monitoring and case management systems, including Verafin or equivalent platforms; review system performance, alerts, rules, workflows, and reporting effectiveness.
• Coordinate quality control reviews, monitoring validation, procedural testing, and other program review activities to assess consistency, accuracy, and regulatory alignment.
• Monitor program performance, identify emerging risks or control gaps, and recommend corrective actions, process improvements, and system enhancements.
• Prepare reports, metrics, dashboards, and program updates for management, leadership committees, auditors, examiners, and other stakeholders.
• Support regulatory examinations, independent audits, internal reviews, and remediation efforts, including gathering documentation and tracking corrective action items.
• Partner with Compliance, Risk, Operations, Lending, Branch Administration, Information Systems, and other departments to support enterprise-wide financial crimes risk management.
• Provide guidance, training, and subject matter support to employees and management on BSA/AML, OFAC, suspicious activity, and financial crimes matters.
• Supervise, coach, and develop assigned BSA/AML staff; assign work, review performance, support training, and promote accountability for quality and deadlines.
• Maintain awareness of regulatory changes, enforcement trends, examination expectations, and financial crimes trends; recommend updates to practices as needed.
• Perform other duties as assigned.

Required Skills & Qualifications

• Must Have
• Advanced knowledge of BSA/AML, OFAC, and financial crimes regulatory requirements.
• Advanced knowledge of suspicious activity investigations and regulatory reporting requirements.
• Advanced analytical and problem-solving skills.
• Advanced written and verbal communication skills.
• Advanced organizational and documentation skills.
• Advanced ability to manage multiple priorities and regulatory deadlines.
• Advanced ability to collaborate with leadership, auditors, and examiners.
• Advanced ability to exercise sound judgment and maintain confidentiality.
• Basic to Advanced supervisory and leadership skills.
• Nice to Have
• Expert knowledge of transaction monitoring systems such as Verafin.
• Experience developing or enhancing BSA/AML operational programs.
• CAMS or equivalent certification.
• Credit union experience.
• Experience supporting regulatory examinations and independent audits.
• Job Related Travel as required.

Education & Experience

• Education or experience equivalent to a Bachelor's degree in Business, Finance, Accounting, Criminal Justice, Risk Management, or related field preferred plus seven (7) years of progressively responsible BSA/AML, financial crimes, fraud investigations, or compliance experience required.
• Two (2) years of supervisory or leadership experience is preferred.

• Relevant professional certifications are preferred but not required. This may include but is not limited to:
• Certified Anti-Money Laundering Specialist (CAMS)
• Certified AML and Fraud Professional (CAFP)
• Certified Financial Crimes Specialist (CFCS)
• Certified Fraud Examiner (CFE)

General Requirements

• Must be capable to execute all terms and conditions set forth in the Employee Handbook, including but not limited to:
• Work in a safety conscientious manner which ensures that safe work practices are used in order not to pose a risk to self or others in the workplace.
• Adhere to policy on Drug Free Workplace.
• Comply with company policies and procedures and local, state and federal regulations.

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
• Some standing, walking, kneeling, stooping, bending and lifting.
• Must be able to lift to fifteen (15) pounds at times.
• Must be able to access and navigate credit union facilities.

State Employees Credit Union offers a highly competitive benefits package

Applications must be received by Human Resources

State Employees Credit Union of New Mexico is an Equal Opportunity Employer

Equal Opportunity Employer, including disabled and veterans.