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Job

BSA/OFAC Unit Manager

A large foreign banking client of ours in Los Angeles is looking for an experienced BSA professional to take on a role that will be responsible for establishing and maintaining the BSA/OFAC quality control and quality assurance program and framework, reporting directly to the BSA Officer.

Responsibilities & Duties: 

  • Responsible for preparation of adherence plan based on results of annual enterprise risk assessment, emerging risks, and areas dictated by BSA/OFAC Officer
  • Management of the BSA/OFAC adherence team including, but not limited to, maintaining sustainable operational production, review quality, ensuring staff are appropriately trained and lead
  • Responsible for providing timely and accurate reporting to BSA/OFAC management and senior management committees to assess their area’s performance quality and to prepare improvement or action plan to remediate any weakness identified, if required
  • Identify training needs based on adherence results and regulatory/statutory changes as required for BSA/OFAC staff
  • Effectively and persuasively communicate with BSA/OFAC unit managers and affected business leaders to inform them of QC/QA results impacting their areas and any remedial action necessary
  • Responsible for remediation of any audit or regulatory issues assigned to the unit
  • Other duties as required by senior management

Job Requirements:

  • Must have managed quality assurance and/or quality control functions in previous roles as primary responsibility
  • Ability to execute senior management goals and align activities to the overall strategic vision of the AML program
  • Direct experience working with the executive management, regulators and audit functions
  • Communicate effectively to both internal and external parties
  • Superior interpersonal skills with the ability to forge productive stakeholder relationships
  • Excellent time management abilities to ensure all requirements are met and responses are received timely
  • Ability to create and maintain procedural documents and corresponding work flow diagrams
  • Experience managing complex projects and strategic initiatives including research and decision making
  • Ability to effectively track multiple process flows for reporting requirements
  • Must fulfill required and additional, relevant, tasks appropriate to the role and department including ad-hoc tasks
  • Ability to make decisions on a risk based approach

If this opportunity interests you, please get in touch with an updated resume.