Compliance and BSA Officer

State Bank Of Texas; Irving (TX); Vor Ort; USD 120.000 - 180.000; Vollzeit

Zusammenfassung

State Bank Of Texas is seeking an Executive Compliance and BSA officer to lead the bank's compliance, BSA/AML, and risk management functions. Based in Irving, this in-office role directs staff, interfaces with management, and reports to the Board.

The successful candidate will oversee policy development, training, and audits, ensuring regulatory alignment. CRCM/CAMS preferred; 7–10 years banking experience with compliance background is essential.

Qualifikationen

• Bachelor's degree required.
• 7–10 years banking experience with 3–5 years compliance.
• Experience with Verafin/Nasdaq software.
• Strong knowledge of BSA/AML, OFAC and risk management.

Aufgaben

• Develop and manage a risk-focused compliance program across the bank.
• Review policies to ensure compliance with laws and regulations.
• Monitor regulatory requirements and update policies accordingly.
• Lead BSA/AML and OFAC program activities and risk assessments.
• Coordinate training and annual BSA/compliance training for staff.
• Prepare board reports and liaise with regulatory examiners.

Kenntnisse

BSA/AML compliance

Regulatory compliance

Audit leadership

Staff management

Risk management

Ausbildung

Bachelor's degree

Tools

Verafin/Nasdaq

Jobbeschreibung

The Compliance and BSA is an officer position designated by the Board of Directors and is responsible for the bank's overall audit, BSA, and compliance risk management process. This role directs compliance staff in identifying, measuring, and monitoring compliance risks; provides technical advice and guidance to bank management and staff in line with business and compliance objectives; and is responsible for board reporting and interaction with external regulatory agencies. This is an in-office position. Must have small community bank compliance, BSA and commercial lending compliance expereince.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Develops and implements a risk-focused compliance program that effectively manages all areas of compliance throughout the bank.
• Assists in developing and reviewing the bank's policies and procedures to ensure they are properly administered for compliance with applicable laws and regulations.
• Monitors all bank regulations, interprets new and revised regulatory requirements, analyzes their effects on bank operations, and creates or changes policies and procedures to ensure adherence.
• Manages the BSA/AML and OFAC program, including:
• Monitoring application systems and investigation files
• BSA/AML Risk Assessment with the Assistant BSA Officer, identifying the bank's risk profile and mitigating control gaps
• Assigns and monitors annual BSA and other compliance training for the Board and employees.
• Develops and executes audit plans and risk-based audits; conducts periodic compliance assessments and tests compliance procedures throughout the bank.
• Coordinates with regulatory examiners and independent auditors during audits and examinations; recommends and assists with corrective action.
• Communicates and tracks audit findings and remediation efforts with all stakeholders, including the Audit Committee.
• Prepares and presents periodic reports to the Board on the bank's compliance record as determined through test work.
• Monitors the effectiveness of the Identity Theft Program and provides updates to the Board of Directors.
• Reviews and maintains all disclosures, product and service materials, and advertising for compliance with federal and state regulations.
• Investigates, aids in resolving, and reports consumer complaints, tracking them for trends.
• Maintains compliance resources and provides research and assistance to bank personnel.
• Manages and supervises compliance and BSA personnel, and audit and risk management personnel if applicable.
• Complies with all federal, state, and company policies, procedures, laws, and regulations, and adheres to the security responsibilities in the bank's Information Security Program and Written Security Program.
• Performs other duties as assigned by supervisor and/or management.

KNOWLEDGE AND EXPERIENCE REQUIRED:

• EDUCATION: Bachelor's degree required.
• LICENSES OR CERTIFICATIONS REQUIRED: None required; CRCM and/or CAMS preferred.
• RELATED WORK EXPERIENCE: 7–10 years of banking experience, including 3–5 years of compliance experience. Experience with industry-related systems and software required.
• Experience with Verafin/Nasdaq software required; experience with high-risk money services business (MSB) accounts required.
• Strong knowledge of BSA/AML regulations, OFAC and bank-related compliance regulations, and audit and risk management.