BSA/AML & Sanctions Program Management Lead

Position Title

Location

Job Summary

Job Responsibilities:

JOB RESPONSIBILITIES

• Analyze and optimize existing BSA/AML and sanctions compliance workflows to improve efficiency and accuracy.
• Collaborate with compliance, risk, and technology teams to implement automated monitoring and alert systems.
• Develop and maintain process documentation, including policies, procedures, and control frameworks.
• Identify gaps in current compliance processes and recommend improvements to mitigate regulatory risks.
• Support investigations by streamlining case management and escalation procedures.
• Monitor regulatory updates and ensure process adaptations align with evolving BSA/AML and sanctions requirements.
• Uses independent judgement and discretion to make decisions.
• Analyzes and resolves problems.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.  Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) Business, Finance or related field and/or combination of experience and education
• Minimum experience required: 6+ Years experience in process mapping, design, or related field.

Preferred Qualifications:

• ACAMS and PMP (Project Management Professional) preferred

Job Competencies:

• Solid understanding of AML risk management and regulatory requirements within financial institutions.
• Ability to interpret regulatory updates and support enhancements to the AML compliance program.
• Experience assessing AML risks, identifying control gaps, and recommending risk mitigation measures.
• Supports AML initiatives and projects, collaborating with teams to ensure compliance effectiveness.
• Assists in drafting and maintaining BSA/AML policies, procedures, and internal controls.
• Familiarity with AML compliance software, transaction monitoring, and case management tools.
• Strong analytical and problem-solving skills to evaluate AML-related issues.
• Applies risk-based judgment to support decision-making in compliance activities.
• Demonstrates commitment to ethical standards in financial crime prevention.
• Promotes transparency and accountability in day-to-day AML compliance operations.
• Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
• Limited travel required.
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable.