Deputy BSA Officer

CoinFlip Chicago, Illinois, United States Admin/Clerical/Secretarial

About this position

Description:

 

The Deputy BSA Officer is a senior role that supports the Global Head of AML, overseeing and implementing an organization's anti-money laundering policies to ensure compliance with regulations. This includes managing the U.S. AML program and serving as a subject matter expert in advising the business on compliance with applicable laws and regulations and industry best practices. 

Responsibilities:  

  • Assist with the continuous development and management of a comprehensive and up-to-date program to ensure ongoing compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering, and OFAC regulations  
  • Assist in supervision and oversight of the KYC and Investigations teams  
  • Performing maintenance and updating our policies in relation to money laundering and the financing of terrorism, including the application of those policies 
  • Ensuring that financial crime risks are taken into account in day-to-day operations, including in relation to the development of new products or new customer types, and changes in our business profile 
  • Partnering with Product Owners, Legal, and Other Business teams to educate and drive the appropriate execution of compliance requirements including for new products
  • Other duties as assigned

Qualifications:  

  • A bachelor’s degree, and ideally a professional qualification from an internationally recognized body (e.g., ICA, ACAMS) 
  • 5+ years of experience in an AML role 
  • To be committed and excited about world-class financial crime compliance 
  • To be an in-depth strategic thinker with the ability to work in a fast-paced environment across a large number of functional groups 
  • An understanding of the customer experience and the ability to make business-oriented recommendations to ensure Compliance with key requirements 
  • Expertise in AML/TM/Sanctions and a strong background in cryptocurrency 
  • Experience with regulators and the regulatory exam process with independent, state, and regulatory auditors and examiners 
  • The ability to influence and develop effective working relationships with employees at all levels, gaining their acceptance and driving change to thrive in dynamic working environments 
  • A data-driven approach to problem solving with operational process and analytical skills 

Nice to have: 

  • Basic knowledge of cryptocurrency and blockchains 
  • General passion and knowledge of fintech and cryptocurrency 
  • An entrepreneurial spirit and the desire to work in a growing and changing environment 
Requirements: