Senior BSA/AML Officer - Compliance & Risk Leader

East Cambridge Savings Bank; Cambridge (MA); On-site; USD 105,000 - 129,000; Full time

Job summary

East Cambridge Savings Bank is seeking a VP - Senior BSA Officer in Cambridge, MA. The role oversees BSA/AML compliance, OFAC, CIP and identity theft prevention programs under the Fraud Prevention & Analytics Officer.

Responsibilities include monitoring, investigations, reporting, and enhancements to ensure regulatory compliance. The position requires 5+ years in BSA with 3 years in management, a Bachelor's degree, and strong analytical skills.

Qualifications

• Bachelor’s degree or equivalent through coursework and training.
• At least 5 years of BSA experience and 3 years of management experience.
• Strong organizational, planning, and analytical skills with knowledge of BSA/AML requirements.

Responsibilities

• Manage all BSA related operations including monitoring, investigations, and reporting for compliance and efficiency.
• Document reviews, interviews, and other monitoring tasks; ensure complete BSA/AML program documentation.
• Utilize fraud monitoring software to detect and report suspicious activity; supervise case management and reporting to the BSA Committee.
• Oversee training programs and keep policies, procedures, and risk assessments up to date.
• Prepare and present reports to BSA Committee, senior management, and Board of Directors.

Skills

BSA/AML knowledge

Regulatory compliance

Management experience

Investigations & reporting

Education

Bachelor’s degree or equivalent

Tools

Bankers Toolbox

Patriot Officer

JHA Yellow Hammer

Verafin

Job description

East Cambridge Savings Bank is seeking a VP - Senior BSA Officer in Cambridge, MA. The role oversees BSA/AML compliance, OFAC, CIP and identity theft prevention programs under the Fraud Prevention & Analytics Officer.

Responsibilities include monitoring, investigations, reporting, and enhancements to ensure regulatory compliance. The position requires 5+ years in BSA with 3 years in management, a Bachelor's degree, and strong analytical skills.