Overview
We are seeking a detail-oriented BSA and Regulatory Compliance Manager (Bilingual English/Mandarin) to lead our bank’s anti-money laundering (AML), Bank Secrecy Act (BSA), and corporate compliance initiatives. In this pivotal role, you will oversee the development, implementation, and maintenance of robust compliance programs that align with federal, state, and local regulatory requirements. Your expertise will ensure the organization’s adherence to financial laws, mitigate financial crime risks, manage local financial examination readiness, and govern the broader corporate compliance framework. Fluency in both English and Mandarin Chinese is required to effectively communicate with head office stakeholders and navigate diverse regulatory documentation. This position offers an exciting opportunity to influence our compliance strategy while working in a fast-paced, collaborative environment dedicated to integrity and excellence.
Duties
- Regulatory Monitoring & Policy Maintenance: Monitor daily updates from regulators (FRBNY, NYDFS, FDIC, OCC, etc.). Update internal BSA/OFAC policies and corporate compliance procedures accordingly to align with local financial exam standards.
- Reporting & Filing: Maintain and submit CTRs, SARs, and other regulatory forms. Report blocked or rejected items to OFAC within 10 days.
- Day-to-Day Oversight: Review departmental monitoring reports, perform batch filtering, and oversee daily updates to OFAC, PEP, and UN screening lists.
- Compliance Liaison & Examination: Act as a liaison with federal and state regulatory agencies on compliance matters. Coordinate local financial examinations (including NYDFS and FRBNY safety and soundness exams), and ensure prompt corrective actions for any identified compliance deficiencies.
- Corporate Compliance Governance: Manage the Branch’s Corporate Compliance Program. Ensure all business units comply with consumer protection, privacy laws, and local banking laws. Conduct regular regulatory risk assessments.
- Training & Project Management: Conduct periodic BSA/OFAC and regulatory compliance training for employees. Submit semi-annual statements of compliance implementation status. Oversee and maintain the Branch’s BSA/AML Compliance program and Regulatory Compliance Policy and Procedures.
Education：
- Bachelor’s degree or above, preferably in Business, Finance, or Law.
Experience：
- Minimum 3-5 years of BSA/AML or regulatory compliance experience in the U.S. banking industry.
Certification：
- CAMS certification is highly required/preferred.
Skills：
- Proficient in BSA/AML, OFAC, and USA PATRIOT Act (Section 311/314a) regulations.
- Excellent communication skills in both English and Chinese to liaise with the Head Office in Taiwan.
Pay: $100,000.00 - $150,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
Experience:
- Banking Compliance: 3 years (Preferred)
Language:
Work Location: In person
