VP BSA Risk Lead

Commonwealth Business Bank•Los Angeles, CA

About The Position

This position is responsible for tracking procedures including updates, developing, implementing, and maintaining a certification/quality control program specific to the BSA program.

Requirements

Proficient skills in analytical and critical thinking
Maintain high standards of confidentiality and security
Must possess good computer, written and oral communication skills
Well-organized, analytical and capable of performing multiple tasks
Ability to prioritize and use a sound judgment is required
Ability to direct, control, and follow-up on assignments to ensure compliance with bank policies and procedures.
Willingness to balance responsibilities with the ability to function effectively as a flexible team member in a busy, demanding, and changing environment
BSA Experience required

Nice To Haves

Bachelor’s degree from accredited 4-year University preferred.
CAMS Certification preferred

Responsibilities

Develops, implements, and manages the inventory control listing of certifications to be completed within the BSA dept.
Identifies, develops, and maintains automation procedures for the certification process as a whole and for each certification individually
Completes certifications and submit to the Chief Risk Officer in accordance with the policies and procedures.
Analyze certification trends for systemic issues and provide feedback to the BSA Risk Officer and Chief Risk Officer.
Standardizes, develops, and prepares reporting dashboards, management reports, etc.
Supports regulatory examinations, reviews and internal audits of the bank’s certification process
Supports the BSA Risk Officer in the completion of the annual risk assessment.
Develop and track inventory of procedures, including overseeing procedural updates.
Oversee data validation workflow
Performs other tasks as assigned by the Chief Risk Officer
Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.)
Must complete all required training