BSA Compliance Officer
TDECU
full-time
Posted on:
Location Type: Office
Location: Houston • Texas • United States
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About the role
- Overall responsibility for the design, effectiveness, and ongoing administration of the BSA-AML-OFAC compliance program, aligned to TDECU’s business strategy and risk appetite.
- Serves as the accountable executive for the BSA function, with leadership responsibility for the BSA department and direct reports.
- Develops the annual BSA-AML-OFAC roadmap and priorities based on institutional risk.
- Maintains direct access to the Board of Directors and designated committees.
- Prepares and delivers clear, accurate, and actionable reporting on program effectiveness, SAR activity, key risk indicators, examination outcomes, and recommended actions.
- Prepares clear, actionable Board and committee materials that summarize program status, exam outcomes, and recommended actions.
- Oversees third party BSA audits and model validation, tuning, and effectiveness; testing of AML and sanctions monitoring systems.
- Serve as the point of contact for BSA regulatory examinations, overseeing remediation, and Board reporting.
- Ensures the BSA program is adequately staffed and resourced to meet regulatory expectations.
- Ensures continuity, quality, and timeliness of BSA‑AML‑OFAC execution by coaching the team and, when necessary, directly performing or supporting core compliance activities to address workload surges, complex cases, or emerging risk.
- Leads the annual BSA-AML-OFAC risk assessment, identifies areas of heightened compliance risk and vulnerability, and develops the annual compliance work plan and roadmap.
- Owns execution of core regulatory requirements, including Customer Identification Program (CIP), Customer Due Diligence and Enhanced Due Diligence, high‑risk customer monitoring, OFAC compliance, and timely filing of CTRs, SARs, and FinCEN 314(a) and 314(b) reports.
- Holds final authority for BSA SAR filing decisions and ensures appropriate documentation and confidentiality.
- Monitors government notifications, sanctions updates, high‑risk jurisdictions, and enforcement actions to ensure appropriate system controls and reporting accuracy.
- Maintains expert‑level knowledge of BSA, AML, OFAC, CIP, and related laws, regulations, and regulatory guidance; monitors emerging regulatory and industry trends and translates them into operational requirements.
- Develops, maintains, and enhances BSA-AML-OFAC policies, procedures, processes, controls, and training programs; ensures training is appropriate for employees and the Board and reviewed annually for effectiveness.
- Reviews new or modified products, services, systems, and processes for BSA-AML-OFAC impact prior to implementation.
- Partners across Legal, Risk, Compliance, Fraud, Internal Audit, Operations, and business units as part of the second line of defense; supports integration of BSA/AML metrics into enterprise risk reporting.
Requirements
- Bachelor’s degree or at least seven (7) years of progressive BSA compliance management experience in a financial institution
- Certified Anti-Money Laundering Specialist (CAMS) certification required
- Additional certifications (NCBSO, BSACS) preferred
- A minimum of 7 years of progressive BSA compliance management experience at a financial institution
- Demonstrated experience drafting policies and procedures, establishing and improving processes, implementing compliance management programs and performing risk assessments.
- Experience working in a highly regulated environment and responding to inquiries and findings of regulators and auditors required.
- Experience reviewing, analyzing, and interpreting general business periodicals, professional journals, technical procedures, and laws and regulations required.
Benefits
- Health insurance
- Retirement plans
- Paid time off
- Professional development
- Flexible working arrangements
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
BSA compliance managementAML complianceOFAC complianceCustomer Identification Program (CIP)Customer Due DiligenceEnhanced Due Diligencerisk assessmentpolicy draftingcompliance management programsregulatory reporting
Soft Skills
leadershipcommunicationcoachingorganizational skillsreportingcollaborationproblem-solvinganalytical skillsattention to detailtraining development
Certifications
Certified Anti-Money Laundering Specialist (CAMS)NCBSOBSACS