Senior Third-Party Payments Compliance Lead

Meridian Bank; Malvern (Chester County); On-site; USD 110,000 - 160,000; Full time

Job summary

Meridian Bank is seeking an experienced Third-Party Payments Compliance & BSA/AML Oversight Officer to provide independent second-line oversight, challenge, and governance of the Bank’s third-party payments program. The role requires strong knowledge of BSA/AML, OFAC, risk management, and regulatory expectations, and involves reporting to executive and governance levels.

The successful candidate will collaborate with business, operations, compliance, fraud, audit, legal, and risk stakeholders to

Qualifications

• Bachelor’s degree in business, finance, accounting, criminal justice, risk management, compliance, or a related discipline required; advanced degree preferred.
• 7+ years of progressively responsible banking compliance, BSA/AML, financial crimes, risk management, payments, merchant acquiring, or third-party oversight experience.
• Strong understanding of BSA/AML, OFAC, customer due diligence, enhanced due diligence, suspicious activity identification, sanctions screening, fraud controls, third-party risk management, and consumer compliance expectations.

Responsibilities

• Provide independent second-line oversight of the Bank’s Third-Party Payments Program and serve as a Compliance/BSA/AML SME for payment processors, merchant acquiring, payment facilitators, embedded payments providers, card program managers, and related partners.
• Review and challenge business-line risk assessments, onboarding decisions, customer risk ratings, ongoing due diligence, monitoring results, and key risk determinations.
• Evaluate whether first-line controls are appropriately designed, documented, implemented, and operating effectively for higher-risk payments relationships.
• Provide practical, risk-based guidance to help ensure program decisions align with the Bank’s risk appetite, policies, procedures, and regulatory expectations.

Skills

BSA/AML knowledge

Regulatory compliance

Risk management

Third-party payments

Education

Bachelor's degree in business/finance or related

Tools

Microsoft Office

Risk management systems

Job description

Meridian Bank is seeking an experienced Third-Party Payments Compliance & BSA/AML Oversight Officer to provide independent second-line oversight, challenge, and governance of the Bank’s third-party payments program. The role requires strong knowledge of BSA/AML, OFAC, risk management, and regulatory expectations, and involves reporting to executive and governance levels.

The successful candidate will collaborate with business, operations, compliance, fraud, audit, legal, and risk stakeholders to