BSA/AML Operations Manager

1 week ago


Feasterville, Pennsylvania, United States Phaxis LLC Full time

Phaxis LLC, a leading financial institution, seeks an experienced BSA/AML Operations Manager to join their Enterprise Risk Management Division in the Philadelphia Area.

Job Overview:

  • Oversight of BSA and Deposit Fraud prevention operations
  • Leadership and development of a team of ERM Representatives

Responsibilities:

  1. Lead and develop a team of ERM Representatives to ensure effective risk management and compliance with BSA and AML requirements
  2. Oversight of daily BSA and Deposit Fraud prevention operations, including review and investigation of complex suspicious activity cases
  3. Manage high-risk account due diligence processes and supervise SAR and CTR filing procedures
  4. Assist with BSA/AML policy development and implementation, and contribute to BSA risk assessment and ID Theft risk assessment
  5. Develop and deliver compliance training programs to maintain the highest standards of compliance and risk management
  6. Monitor evolving regulations and fraud techniques to ensure ongoing compliance and effectiveness

Requirements:

  • 3-5 years of experience in BSA/AML, with prior management experience
  • BSA/AML certification and knowledge of Bank Secrecy Act and Regulation CC
  • Understanding of federal/state financial regulations and strong analytical and problem-solving abilities
  • Associate's degree or equivalent specialized training

Preferred Skills:

  • Experience with financial software applications and knowledge of accounting, real estate law, and lending procedures
  • Background in credit union operations and training/development experience

Benefits:

  • Competitive base salary: $68,800 - $90,600
  • Comprehensive health benefits, 401(k) with generous company match, paid time off, and hybrid work arrangement
  • Professional development opportunities within a growing organization committed to maintaining the highest standards of compliance and risk management


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