Remote: BSA/AML Program Lead — Risk & Compliance Expert

Upstart; United States; Remote; USD 116,000 - 160,000; Full time

Benefits offered by this job

401k match

Employee Stock Purchase Plan (ESPP)

Health coverage

Paid time off

Job summary

Upstart is seeking a Compliance Manager for the BSA/AML Program to lead risk-based initiatives across secured, unsecured lending and deposit products. You’ll evaluate changes, develop controls, and measure performance within a strong compliance framework.

You will partner with Product, Legal, Operations, Engineering, and Enterprise Risk to drive risk-based containment, enhance monitoring, and support regulatory expectations in a remote-first environment across the U.S. team.

Qualifications

• Bachelor’s degree or equivalent practical experience.
• 7+ years of experience in BSA/AML compliance, financial crimes compliance, or a related Risk or Compliance role within a bank or other regulated financial institution.
• Experience implementing and managing customer onboarding processes including identity verification, customer due diligence (CDD), enhanced due diligence (EDD), sanctions screening, and ongoing monitoring processes.
• Working knowledge of regulatory requirements, including the Bank Secrecy Act (BSA), USA PATRIOT Act, and Customer Due Diligence Rule, and BSA/AML risks associated with deposit products
• Experience developing and delivering AML risk assessments, KRIs/KPIs, and management reporting while leading cross‑functional compliance initiatives.
• Strong organizational, analytical, communication skills.
• Ability to identify gaps in policies and procedures and drive resolution and closure
• Experience in audit and exam readiness, including evidence gathering, testing and monitoring, addressing findings, responding to requests.

Responsibilities

• Lead the design, execution, and continuous improvement of BSA/AML, CDD, EDD, transaction monitoring, and sanctions screening processes for secured lending, unsecured lending, and deposit account products.
• Serve as a BSA/AML Compliance advisor for deposit product initiatives, partnering with Product, Legal, Operations, Engineering, and Enterprise Risk throughout product development and implementation.
• Develop and manage BSA/AML compliance initiatives, including new deposit product launches, regulatory enhancements, and control improvements.
• Administer ongoing customer due diligence and enhanced due diligence programs for deposit accounts in alignment with CIP, Red Flags Program, and BSA/AML compliance procedures.
• Evaluate relevant risks and typologies to develop appropriate transaction monitoring rules and efficient investigations processes
• Monitor evolving regulatory requirements, including FinCEN guidance, OFAC sanctions, and FFIEC BSA/AML examination expectations, to translate regulatory changes into scalable business processes and controls.
• Develop key risk indicators (KRIs), key performance indicators (KPIs), and management reporting that provide actionable insights into BSA/AML program effectiveness.
• Translate regulatory requirements and risk trends into clear recommendations for business stakeholders and senior leadership.
• Drive remediation efforts for examination, audit, monitoring, and testing findings while strengthening the overall BSA/AML compliance control environment.

Skills

BSA/AML

Regulatory compliance

Audit readiness

Risk assessment

Communication

Education

Bachelor's degree

Job description

Upstart is seeking a Compliance Manager for the BSA/AML Program to lead risk-based initiatives across secured, unsecured lending and deposit products. You’ll evaluate changes, develop controls, and measure performance within a strong compliance framework.

You will partner with Product, Legal, Operations, Engineering, and Enterprise Risk to drive risk-based containment, enhance monitoring, and support regulatory expectations in a remote-first environment across the U.S. team.