BSA/AML/OFAC Officer

Arkansas Talent Group is partnering with a Rapidly Growing Bank in Little Rock to find a BSA/AML/OFAC Officer for their team! This is a great opportunity with a growing bank that has a successful track record. In this role, you'll play a vital role in safeguarding the bank's integrity by ensuring compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Asset Control (OFAC) regulations. You'll lead initiatives to detect and prevent financial crime, educate staff on compliance best practices, and develop strategies to protect the customers and institution.

If you're detail-oriented and passionate about making a positive impact in financial compliance, we want to hear from you!

Perks:

• Strong compensation package, including a bonus opportunity
• 3 weeks PTO
• Hybrid or 100% remote capabilities
• 3% 401k match
• Great benefits
• Incredible opportunity for growth

Key Responsibilities:

• Manage and oversee corporate-wide Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs, including policy maintenance, risk assessments, and regulatory compliance
• Review and interpret laws and regulations impacting bank compliance requirements, with emphasis on BSA/AML, USA PATRIOT Act, and OFAC
• Monitor transactions, file SARs and CTRs, and manage fraud prevention systems
• Utilize systems/resources to monitor and reduce customer and internal fraud
• Conduct BSA training for staff and Board of Directors; serve as subject matter expert on BSA/AML/OFAC issues
• Assist with regulatory examinations and audits; coordinate responses and gather information.
• Administer Customer Identification Policy, conduct due diligence, and perform risk assessments, collaborating with cross-functional teams to develop mitigating controls and monitoring strategies
• Implement and maintain BSA/AML software, recommending improvements as needed.
• Serve on BSA Committee, stay current on regulatory changes, and update relevant parties.
• Manage 314(a) requests and ensure proper record retention

Qualifications:

• Bachelor's degree in finance, business administration, or a related field preferred
• 5+ years of banking experience with knowledge of bank operations, desired
• Proven experience with BSA, AML, and related regulations required
• Certified Anti-Money Laundering Specialist (CAMS) or Certified BSA/AML Professional (CBAP) certification preferred, or willingness to obtain CBAP within one year
• Strong communication skills, both written and verbal, with the ability to present effectively to groups and the Board of Directors
• High level of integrity and ability to maintain strict confidentiality
• Adaptability and ability to thrive in a positive, team-oriented environment
• Ability to define complex problems, conduct research, draw valid conclusions, and develop workable solutions
• Demonstrated ability to stay current with evolving regulatory requirements and industry best practices
• Travel up to 10%

For more information, please apply directly or send a copy of your resume for review to Jennifer Thompson at jennifer.thompson@arkansastalentgroup.com

Arkansas Talent Group is an Executive Permanent Placement Recruitment Firm, all considerations will be held confidential.