VP - Compliance / BSA Compliance Officer - Up to $115K - Dallas, TX - Job # 2086 Who We Are The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally uniquevalue proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you. The Position Our client is seeking to fill a Vice President / BSA Compliance Officer role in the Dallas, TX market. The successful candidate will be responsible for developing, implementing, administering, and maintaining the Bank Secrecy Act Compliance Program, designed to ensure a high level of compliance with the BSA/AML related laws and regulations, internal policies and procedures, and Federal regulatory expectations. The position offers a generous salary of up to $115K and a full benefits package. V.P. / BSA Compliance Specialist responsibilities include:
- Maintaining a current thorough understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal activities, and developing trends.
- Implementing assigned regulatory compliance responsibilities and activities associated with the Bank Secrecy Act and Money Laundering initiatives throughout the Bank.
- Performing an annual BSA risk assessment to identify and measure BSA/AML and OFAC risks associated with products and services offered by the Bank. Advising management on the development of policy, procedures, systems, controls, and training to address those risks.
- Performing a daily review of selected transaction activity reports identifying those transactions requiring necessary follow-up or investigation.
- Performing BSA/AML and OFAC training for new hires and ongoing BSA/AML and OFAC training and education for Bank staff as needed.
- Leading the Bank's deposit operations compliance. Coordinating with operations personnel on new accounts.
- Monitoring account activity to ensure compliance with OFAC requirements.
- Identifying weaknesses in practice and procedure and recommending solutions that increase the level of compliance without unnecessarily burdening the business unit.
- Overseeing the revision, preparation, and dissemination of new and updated compliance standards and procedures.
- Coordinating, supervising, and supporting the bank's compliance-related programs, such as compliance training, compliance testing and reporting, disaster recovery, contingency planning, and records warehousing and destruction.
- File all required reports and documents with the appropriate federal agency and respond quickly to all lawful requests for information from law enforcement agencies.
- Providing compliance assistance and information to all departments/functional units within the Bank. Who Are You? You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future. You also bring the following skills and experience:
- Bachelor's degree preferably in business, management, or related field; specialized BSA/AML/OFAC training.
- Two years of BSA experience required, including previous role as a BSA Officer or near equivalent.
- Four or more years of banking experience, with a minimum of two or more years in the BSA/AML area.
- Working knowledge of Federal and State Anti-Money Laundering compliance statutes and regulations.
- Ability to read and interpret statutes and regulations.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to communicate effectively verbally and in writing. The next step is yours. Email us your current resume along with the position you are considering to: #J-18808-Ljbffr