Vice President, Compliance and BSA Compliance (Dallas)

Vice President, Compliance and BSA Compliance

About the Company

Flourishing community bank

Industry

Banking

Type

Privately Held

About the Role

The Company is in need of a Vice President / BSA Compliance Officer to oversee the development, implementation, and maintenance of its Bank Secrecy Act Compliance Program. The successful candidate will be tasked with ensuring a high level of compliance with BSA / AML related laws, internal policies, and federal regulatory expectations. This role involves staying abreast of money laundering and terrorist financing issues, implementing regulatory compliance activities, conducting annual BSA risk assessments, and providing training to staff. The VP / BSA Compliance Officer will also lead the company's deposit operations compliance, monitor account activity for OFAC compliance, and recommend solutions to enhance compliance practices.

Applicants for the Vice President / BSA Compliance Officer position at the company should have a Bachelors degree, preferably in business, management, or a related field, and specialized BSA / AML / OFAC training. A minimum of 2 years' BSA experience, including a previous role as a BSA Officer or near equivalent, is required, with a preference for candidates holding a Certified Anti-Money Laundering Specialist (CAMS) designation. The role demands a strong working knowledge of federal and state anti-money laundering compliance statutes and regulations, as well as the ability to effectively communicate, problem-solve, and make sound decisions. The VP / BSA Compliance Officer will be responsible for coordinating and supporting various compliance-related programs within the company.

Travel Percent

Less than 10%

Functions

• Finance