AML/BSA/OFAC Manager

Job description

The AML/BSA/OFAC Manager supports the firm’s financial crimes compliance program, with a focus on AML, CFT, and sanctions compliance. This role is responsible for conducting investigations, monitoring client activity, and preparing regulatory reports, while also providing support for broader program initiatives. The AML/BSA/OFAC Manager works closely with the BSA Officer to ensure compliance with internal policies and applicable regulatory requirements. Key Responsibilities: - Review and investigate alerts generated by AML transaction monitoring and sanctions screening systems, determining appropriate disposition and escalation as needed. - Analyze client activity, account behavior, and supporting documentation to identify potential suspicious activity or financial crime risks. - Prepare and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) in accordance with regulatory requirements and timelines. - Support the review and clearing of sanctions and other screening alerts (e.g., OFAC, PEP). - Assist in the maintenance and enhancement of AML policies, procedures, and risk assessments. - Escalate complex or high-risk matters to the BSA Officer, providing c...