BSA / AML Officer

Monet Service, Inc • Plano, TX

13h

About The Position

Monet Bank is pioneering the future of banking and money movement — faster, more efficient, and built for the modern financial ecosystem.
At our core, we believe Monet Bank is an essential bridge to the next generation of banking and payments infrastructure. As a profitable, well-capitalized Texas state-chartered bank and FDIC-Insured — backed by the full faith and credit of the U.S. Government — Monet combines the strength and stability of traditional banking with forward-thinking financial technology innovation.
We recognize the fundamental inefficiencies in legacy payment networks and are building a strong team to thoughtfully challenge assumptions and pursue smarter, more scalable solutions. Our focus is on modern banking services that empower merchants to reclaim margins, enable fintechs to operate cross-border at scale, and support technology platforms in embedding seamless financial services.
If you are motivated by building secure, intentional, and future-ready banking infrastructure, we invite you to explore opportunities with Monet Bank.
The BSA/AML Officer is responsible for coordinating and monitoring day-to-day Bank Secrecy Act/Anti-Money Laundering compliance. Duties are inclusive of managing all aspects of the BSA/AML compliance program, including managing the bank's compliance with BSA regulatory requirements. The BSA compliance officer will implement policies, procedures, and systems to ensure comprehensive know your customer (KYC) standards, customer identification programs (CIP), customer due diligence (CDD) processes, and suspicious activity monitoring and reporting (SARs) as well as being responsible for managing and gathering materials for BSA/AML audits and examinations.

Requirements

• A minimum of 5 to 7 years experience as a BSA officer for a bank, MSB or payment-oriented Fintech
• Knowledge of banking processes, products and
• Organization and strong multi-tasking
• Strong, distinct, and professional communication in verbal and written
• Present a professional image in speech and
• Ability to maintain a high degree of
• Five to seven years of financial institution compliance
• Possess excellent oral and written communication
• Bachelor's degree required; Juris Doctor or graduate degrees preferred; industry certifications (CRCM, ACAMS) preferred, or relevant work experience to sit for certification exams

Responsibilities

• Aiding in the development of the Bank’s BSA program
• Daily review of BSA reports and large cash transaction reports, kiting suspects, , for the purpose of detecting suspicious activity.
• Daily review and submission of CTRs and perform annual review of CTR exempt
• Create, review, and submit SARs and document SARs considered but not
• Daily track, review, and archive CIPs and Beneficial Ownership
• Daily designate risk-rating on new accounts and perform quarterly reviews of high-risk account statements.
• Assist with annual policy review for Board
• Perform annual risk assessment reviews for Board Approval - BSA/OFAC/MRB.
• Participate in BSA training on an ongoing
• Annually develop and implement BSA/AML staff training/new hire
• Advise Senior Management and bank personnel of emerging BSA/AML/KYC/CIP trends and BSA Compliance
• Supervise 314(a) list reviews and responses. Maintain and audit the review tracking
• Gather information for audits and exams and assist throughout the Respond to findings.
• Organize and maintain computer documentation of the above and retain according to retention
• Make recommendations to supervisor about methods to improve BSA
• Will have contact with customers, auditors, examiners, and senior officers/directors of the bank, and is to conduct relationships in a manner that will enhance the overall compliance and positive image of the
• Identify potential areas of compliance vulnerability and risk and devise appropriate controls and other
• Provide reports regarding their activities to the Banks' senior management and Boards of
• Undertake continuous learning and self-study to stay abreast of changing regulations and emerging issues.
• Work with other internal units, as appropriate, to design and deliver compliance education for new and existing employees.
• Work collaboratively with the Legal Department and outside counsel, as
• Respond to customer complaints forwarded by regulatory authorities and
• All other duties assigned by

Benefits

• Medical, dental and vision coverage
• 401K with company match
• 10 paid holidays
• Accrue up to 17 vacation/sick days per year in your first year on a pro rata basis
• Applicant may be eligible for annual discretionary bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level