BSA​/AML Director

.BSA/AML Director page is loaded## BSA/AML Director locations:
Draper, UTtime type:
Full time posted on:
Posted Todayjob requisition :
R22355

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert.  For over 40 years, Nelnet has been serving its customers, associates, and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.

As an FDIC‑supervised Industrial Loan Company (ILC) with a strong compliance foundation the Bank is entering its next phase of growth. The BSA/AML Director will advance, modernize, and execute the Bank’s enterprise BSA/AML & Sanctions Program, ensuring it remains fully compliant, risk‑based, technologically efficient, and commensurate with the Bank’s increased size, scope, and product complexity.## This position offers a hybrid work option.

Nelnet values flexibility and understands the importance of work-life integration. Our hybrid work environment allows associates living within 30 miles of an office location to work remotely for part of the week, while also fostering collaboration and team connection through in-office presence three days per week.
** Please note that we are unable to provide visa sponsorship for this position. To be considered, candidates must already be authorized to work in the United States without the need for current or future sponsorship.
**** Key Responsibilities
** Program Leadership & Governance  
• Serve as the designated BSA/AML Officer.  
• Advance, implement, and oversee a risk‑based BSA/AML & OFAC compliance program.  
• Ensure program commensurate with bank growth including product expansion.  
• Maintain BSA/AML & OFAC Risk Assessment.  
• Prepare executive dashboards and Board materials.
Financial Crimes Operations  
• Oversee transaction monitoring, SAR/CTR, sanctions, KYC/CIP/CDD/EDD.  
• Partner with operations to oversee and develop BSA investigation function.  
• Implement enhanced transaction monitoring technology.
Strategic Partner & Third‑Party Risk Oversight  
• Implement oversight of Strategic Partners and TPRM controls.  
• Ensure oversight of parent‑company supported functions.
Compliance & Regulatory Engagement  
• Act as regulatory contact.  
• Coordinate independent testing, audits, and validations.  
• Maintain exam‑ready documentation.
Fraud & Enterprise Risk Support  
• Support fraud‑risk strategy and investigations.  
• Contribute to enterprise risk processes.
** Qualifications
*
* Required:

• Technical and working knowledge of BSA/AML program requirements.  
• 8–12+ years BSA/AML & sanctions experience.  
• Experience with Fin Tech/third‑party oversight.  
• Strong communication skills.
Preferred:  
• Fraud‑risk experience.  
• CAMS, CRCM, CFCS, CFE.  
• Experience modernizing TM systems.

Success Indicators  - Implement an enhanced transaction monitoring program.  - Advance the BSA/AML program commensurate with Bank growth and increased product complexity  - Ensure no gaps in BSA/AML program.

The base annual salary range for this role is $150,000 to $200,000. We offer a highly competitive total compensation package which includes a base salary commensurate with experience, performance-based bonus opportunities, stock awards as part of our long-term incentive plan, and a competitive benefits package that includes health, retirement, wellness programs, and more.#LI-CW1#LI-Hybrid Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program.  

to learn more about our benefits: .Nelnet is committed…