ORS Partners

BSA Officer

Job Locations US
Posted Date 1 month ago(1/5/2023 5:33 PM)
Client & Job Location : Postal Code
Job ID
# of Openings
Regular Full-Time


BMTX is seeking a fully remote BSA Officer to join the compliance team and oversee all BSA/AML related regulations within the organization.



  • Oversee all aspects of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) programs
  • Coordinating and assisting in the administration of examinations and reviews by internal auditors, external auditors, bank partners, etc.
  • Coordinating responses to regulatory BSA/AML examinations and audits and actions taken to ensure deficiencies are corrected
  • Maintains proficient knowledge of the rules and regulations, including but not limited to, the Bank Secrecy Act (BSA) , USA Patriot Act, and OFAC
  • Performs periodic BSA/AML/OFAC Risk Assessments as defined by internal policy
  • Reviews, and makes recommendations on, companywide BSA/AML Training as well as specific Line of Business training. Prepares annual Board of Directors training.
  • Develop and maintain BSA related policies and procedures
  • Address regulatory changes that impact the business units
  • Assist business units in implementing processes necessary to comply with regulations.
  • Creates and maintains reporting metrics to track volumes.
  • Oversee the AML monitoring system and team to ensure that alert, case and Suspicious Activity Referral (SAR) workload is being properly managed.
  • Assist the BSA Team in their analysis over potentially unusual activity detected and determine if further inquiry and/or investigation is warranted.
  • Supervise the production of SARs from investigation through the quality assurance process to ensure accuracy and timeliness.
  • Work with 3rd party vendors to assess and adjust AML System thresholds as necessary.
  • Identify, monitor and track AML System related issues and work across internal and external parties until resolution.  
  • Supervise the new account and periodic Office of Foreign Assets Control (OFAC) screening process.
  • Proactively identify compliance risks, evaluate corporate operations for regulatory issues and develop and/or refine existing processes, to ensure that Company’s exposure to compliance failures and related fines and penalties are minimized.
  • Develop BSA reporting and present BSA reporting to Board of Directors.


  • Bachelor's degree required.
  • Minimum of 10 years of directly related work experience in banking BSA/AML compliance
    • Certificates, licenses, registrations: CAMS is required
  • Candidate must have an understanding of back office bank processing for all deposit products.
  • Thorough knowledge of USA PATRIOT Act, Bank Secrecy Act, OFAC and other related deposit banking rules and regulations
  • Successful experience in performing analysis of compliance practices and procedures.
  • Excellent analytical and communication skills
  • Should be a self-starter and organized; able to work independently, without supervision; able to solve problems and offer solutions.
  • Ability to make good decisions with keen sense of judgment.

About BM Technologies, Inc. (BMTX):

BM Technologies, Inc. (NYSE: BMTX) is among the largest digital banking platforms in the U.S, providing access to checking and savings accounts, personal loans, and credit cards. It began trading on the NYSE American on January 6, 2021 under the ticker symbols “BMTX” and “BMTX.W.” BMTX’s mission is to make banking affordable, effortless, and financially empowering for the millions of Americans who need it the most – the underbanked, millennials, and working-class Americans.


BMTX is the first digital banking platform in the U.S. to offer a completely fee-free banking experience and uses innovative mobile technology to make banking enjoyable and seamless. BMTX is also committed to making each of its customers feel financially empowered through education.


Through constant innovation, its white label/”Banking-as-a-Service” (BaaS) banking distribution model, and putting the customer experience above all else, BMTX is truly disrupting the banking space. Today, the BaaS platform is provided to colleges and universities and currently serves over two million account-holders, and provides disbursement services at 722 campuses (covering one out of every three students in the U.S.). BMTX also offers its Workplace Banking platform, a financial wellness service that offers innovative banking products and a robust banking app. Additionally, BMTX recently expanded its white-label strategy with T-Mobile MONEY.


BM Technologies, Inc. (BMTX) is a technology company and is not a bank and provides banking services through its partner banks. BMTX, Inc. is a wholly owned subsidiary of BM Technologies, Inc. BankMobile accounts are powered by BMTX and provided by Customers Bank. Member FDIC - Equal Housing Lender - All Rights Reserved


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