Compliance Officer

Job Description

The Compliance Officer will assist and report directly to the Director of Compliance. This role is responsible for supporting all compliance-related activities within the organization, ensuring adherence to applicable laws, regulations, and internal policies. The ideal candidate will possess strong analytical abilities, exceptional communication skills, and a working knowledge of key regulatory requirements affecting the financial services industry.

• Assist and report to the Director of Compliance on all regulatory and compliance-related matters.
• Learn, understand, and comply with all applicable laws and regulations relevant to the role.
• Maintain up-to-date knowledge of current banking, finance, and operational regulatory issues, with emphasis on:
• BSA (Bank Secrecy Act)
• AML (Anti-Money Laundering)
• CIP (Customer Identification Program)
• OFAC (Office of Foreign Assets Control)
• USA PATRIOT Act
• Bank Security
• Perform periodic reviews of all new accounts to ensure compliance with CIP and OFAC requirements
• Communicate with customers and clients regarding compliance program obligations and inquiries.
• Monitor and review the Company’s cardholder portfolio and transaction reports; file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) when necessary.
• Assist the Director of Compliance with risk assessments and all compliance functions related to BSA, AML, CIP, OFAC, and the USA PATRIOT Act.
• Assist in gathering information for fraud investigations; coordinate with local authorities and outside counsel as needed.
• Maintain communication with internal and external auditors as well as regulatory agencies, including FDIC, OCC, and FinCEN.
• Perform daily compliance tasks, including AML/BSA monitoring and remediation.
• Retrieve, review, respond and catalog written customer complaints.

• Minimum of 2 years of experience in business or regulatory law, or experience working in a BSA/AML compliance department within a financial institution or similar environment.
• Demonstrated experience and/or detailed knowledge of BSA, AML, CIP, OFAC, and USA PATRIOT Act regulations applicable to retail financial institutions.
• Strong working knowledge of Windows-based computer systems.
• Excellent verbal and written communication skills.
• Willingness and ability to continuously learn and apply new information and skills.
• Proven ability to work independently and manage multiple tasks, projects, and deadlines without 
• sacrificing accuracy or attention to detail.
• Ability to excel in a dynamic, fast-paced, entrepreneurial environment with demanding timelines, while maintaining accuracy and a positive attitude.
• A bachelor's degree or higher in a relevant field is a plus.
• Compliance-related professional certifications (e.g., CAMS, CAFP, CRCM) is a plus.