Lithic is hiring a
AML/BSA Oversight Lead

Summary

The job is for an experienced AML/BSA Team Lead at Lithic, a company that provides card issuing and payment infrastructure. The role involves leading the Oversight and Control division of the compliance team, ensuring adherence to regulations, and implementing effective AML/BSA policies. The position requires 2+ years of relevant work experience in AML/KYC or other financial services, 2+ years of management experience, and knowledge of BSA, AML regulations, OFAC, and the USA Patriot Act.

Requirements

• 2 or more years of relevant work experience in Anti-Money Laundering/Know Your Customer or other relevant work experience in a financial services company, legal, regulatory, or consulting firm. ACAMs certification is a plus!
• 2 or more years of management or equivalent team lead experience

Responsibilities

• Lead, mentor and develop the Oversight and Control division of the compliance team
• Assign and prioritize tasks to team members, ensuring efficient and timely completion of work
• Conduct periodic evaluations, provide feedback and identify training needs
• Oversee and assist with the day-to-day operations of the AML/BSA Oversight and Control Team, ensuring compliance with all relevant regulations and internal policies
• Act as a subject matter expert and point of contact for all KYC/KYB and EDD onboarding activities
• Identify and assess potential risks related to money laundering and terrorist financing
• Develop and implement strategies to address identified risks and enhance the effectiveness of the AML/BSA program
• Coordinate with the Head of Compliance and the other compliance teams to respond to various audits, ongoing bank reporting, and issues management

Benefits

• Health, vision, and dental insurance
• Unlimited PTO
• 401(k) match
• Life Insurance and AD&D policy
• 3% cashback on all Privacy purchases