A great banking client of ours in Los Angeles is looking for an individual to join the BSA/OFAC team, focussing on policy, program, and procedural documentations. You will be expected to work in a highly collaborative environment and work alongside another individual who is/would also be carrying out the same duties. The position will report directly in the Deputy BSA Officer and will require full-time on-site work in Los Angeles.

Main responsibilities:

• You will be responsible for BSA and OFAC Program Office policy and advisory work including the following tasks:
  • Leading policy research and analysis
  • Drafting and reviewing policy, program, and procedural documentation
  • Advising internal clients regarding internal policy, program and procedural matters, where needed
• Responsible for all activities and coordination regarding periodic updates to all methodological documents, including risk assessment, product risk rating, customer risk rating, and geographic risk rating
• Responsible for BSA/OFAC Policy Exception process to include tracking, documentation and successful resolution of policy exceptions from Business Units
• To support internal and external auditor and examiners where needed with request items
• Many more duties as relevant to the role

Job requirements:

• Expert-level writing ability (writing samples will be required to demonstrate competency, throughout the interview process)
• Ability to be able to create executive-level presentation materials
• Expert ability to review, interpret, and synthesize regulatory policy
• An understanding of both Bank Secrecy Act (“BSA”) and Office of Foreign Asset Control (“OFAC”) compliance
• Ability to identify risks and offer mitigating actions and recommendations
• CAMS Certification or equivalent would be preferred
• PMP, LEAN, Six Sigma or equivalent certifications are also preferred

If this opportunity interests you, please get in touch!