Remote AML/BSA Oversight Lead

Summary

Join Lithic as an experienced AML/BSA Team Lead to oversee and lead our anti-money laundering (AML) and Bank Secrecy Act (BSA) Oversight and Control Team. The AML/BSA Team leader will be responsible for managing a team of analysts, ensuring adherence to regulatory and bank requirements, as well as implementing effective AML/BSA policies and procedures to mitigate financial crime risk.

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
• Ability to thrive in a fast paced ever changing environment
• In depth Knowledge of Bank Secrecy Act, AML regulations, OFAC, and the USA Patriot Act
• Experience using third party software to complete identity checks and due diligence reviews such as LexisNexis, Cognito, IDology, Alloy
• Powerful analytical and problem-solving skills as well as sound judgment and decision making
• Exceptional organization and presentation skills
• Dedication to quality, timeliness and customer centricity
• Experience managing multiple task/priorities successfully

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
• Respond to questions from internal, external partners, and sponsor banks as well as acting as a key contributor to approval decisions for new products and programs
• 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