Compliance & BSA Officer

MSC SERVICES LLC•Colorado Springs, CO

1d•$60,000 - $80,000•Onsite

About The Position

The Compliance and BSA Officer is a key member of Bank19’s risk management team, responsible for developing, implementing, and administering the bank’s Bank Secrecy Act (BSA), Anti-Money Laundering (AML), OFAC, and regulatory compliance programs. The officer serves as the bank’s primary expert and liaison for regulatory compliance, helping ensure adherence to applicable federal and state banking laws, rules, and guidance. The role works closely with senior management, staff, regulatory examiners, and auditors to identify risk, implement internal controls, and protect the bank’s reputation and integrity. This is a full-time, exempt, onsite position at Bank19’s Colorado Springs Campus. It reports to the President and is part of the Office of the President. The listed salary range is $60,000–$80,000 per year. Bank19 offers eligible employees a benefits package and paid time off. The role requires a bachelor’s degree in finance, business administration, criminal justice, or a related field, although equivalent work experience may be considered instead. Candidates should have three to five years of experience in bank compliance, BSA/AML monitoring, or regulatory auditing within a community bank environment. CAMS or CRCM certification is strongly preferred.

Requirements

Bachelor’s degree in finance, business administration, criminal justice, or a related field; equivalent work experience may be considered in lieu of a degree.
Three to five years of experience in bank compliance, BSA/AML monitoring, or regulatory auditing within a community bank environment.
In-depth knowledge of federal and state banking regulations, BSA/AML laws, the USA PATRIOT Act, OFAC rules, and consumer compliance guidelines.
Excellent written and verbal communication skills, including the ability to explain regulatory requirements clearly to staff and board members.
Strong analytical, problem-solving, and decision-making capabilities, with high attention to detail.
Ability to work independently, prioritize complex workloads, and manage tight deadlines.
High integrity and ethical judgment, and ability to maintain confidentiality when handling sensitive bank and customer information.
Proficiency with BSA/AML monitoring software, loan origination systems, and general banking platforms.

Nice To Haves

CAMS (Certified Anti-Money Laundering Specialist) or CRCM (Certified Regulatory Compliance Manager) certification is strongly preferred.

Responsibilities

Oversee and manage daily BSA/AML, Customer Identification Program (CIP), Customer Due Diligence (CDD/EDD), and OFAC screening processes.
Monitor, analyze, and investigate potential suspicious activity and ensure timely, accurate filing of Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
Develop, maintain, and regularly update bank-wide compliance policies, procedures, and risk assessments to reflect regulatory standards and bank operations.
Serve as the primary contact for regulatory bodies, regulatory examinations, and independent third-party compliance and BSA audits.
Conduct ongoing monitoring and reviews across operational and lending departments to evaluate adherence to consumer compliance laws, including RESPA, TILA, HMDA, CRA, Flood, and Fair Lending requirements.
Review marketing materials, product descriptions, and disclosure documents for regulatory compliance before implementation.
Coordinate and deliver compliance and BSA training to bank personnel and the Board of Directors.
Prepare and present regular compliance and BSA status reports to Executive Management and the Board of Directors.
Track and remediate audit and examination findings, ensuring corrective actions are implemented promptly and effectively.
Maintain regular, reliable, and predictable attendance.
Perform other duties as assigned.