Novo

BSA Manager

Novo

full-time

Posted on:

Location Type: Hybrid

Location: New York City • New York • United States

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Salary

💰 $140,000 - $160,000 per year

About the role

  • Assist the BSA Officer in implementing all aspects of Novo’s BSA Program, including driving automation and process optimization across Novo’s risk and compliance functions.
  • Oversee and support Novo’s risk and compliance operations teams. Provide guidance on escalations and ensure quality of compliance reviews spanning multiple functions
  • Compile key metrics, qualitative information and substantive analysis on patterns and overall impact to Novo’s BSA compliance program
  • Perform complex investigations, focusing on identification of large scale ML and Fraud risks to Novo’s platform
  • Ensure timely escalation and reporting of unusual activity to Novo’s banking partners
  • Support the BSA Officer in conducting risk assessments, evaluating the effectiveness of existing controls, and identifying areas for improvement
  • Develop and conduct BSA/AML training programs for both Novo’s risk operations functions and the broader organization.

Requirements

  • 2-4 years of experience in an AML/Sanctions role at a financial institution or banking platform
  • Strong knowledge of the Bank Secrecy Act, USA PATRIOT Act, FinCEN Guidelines and other relevant BSA/AML/OFAC regulations
  • Experience leading a team of compliance professionals or providing meaningful oversight to compliance operations functions (i.e. transaction monitoring, KYC, sanctions, and/or periodic review)
  • Self-starter with strong analytical, problem solving and organizational skills
  • Entrepreneurial attitude and experience with, or the ability to adapt to, a rapidly growing start-up with associated complexity and ambiguity.
Benefits
  • We provide learning and development budgets to help you grow and bond with your team
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
AMLBSAKYCtransaction monitoringsanctionsrisk assessmentscompliance reviewsprocess optimizationdata analysisinvestigations
Soft Skills
analytical skillsproblem solvingorganizational skillsleadershipcommunicationself-starterentrepreneurial attitudeoversightguidanceadaptability