BSA​/AML Officer

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Join a great team and workplace! Founded in 1973, Texas First Bank is one of the fastest-growing financial organizations in Southeast Texas. We are a leading independent community bank with 27 banking centers across seven counties. Our most vital asset is our employees and their dedication to helping our communities and customers. We are committed to helping Texans build Texas.

Job Summary

Responsible for overseeing the Bank's BSA/AML and OFAC compliance program in alignment with the Bank's business strategy and risk appetite. Leads BSA/AML risk identification and mitigation efforts, supports new and evolving products, technologies, fintech partnerships, and payment methods, and partners with internal stakeholders to maintain effective, risk-based controls. Serves as the primary point of contact for the Board and regulatory agencies.

Responsibilities and Duties

BSA/AML & OFAC Program Administration

* Oversee daily BSA/AML suspicious activity monitoring and reporting.

* Review, investigate, and file Suspicious Activity Reports (SARs) including required 90-day continuing activity reviews.

* Monitor and maintain Currency Transaction Report (CTR) processes, including exemptions, filings, and documentation.

* Serve as the primary point of contact for Section 314(b) information sharing.

* Review and log bulk cash activity, analyze variances, and draw reasonable conclusions.

* Perform annual reviews of foreign customer activity.

* Ensure FinCEN registration requirements are maintained and conduct annual reviews of Money Services Businesses (MSBs), including appropriate account coding in BSA software.

* Perform reviews of privately owned ATM networks.

* Serve as the primary point of contact for OFAC questions from bank personnel.

* Other duties may be assigned.

Risk Assessment, Policies & Controls

* Conduct or oversee the annual BSA/AML OFAC and related Risk Assessment and ensure alignment with the Bank's business strategy and risk appetite.

* Revise existing and draft new policies and procedures to reflect regulatory changes and operational practices.

* Review proposed new banking products, services, fintech partnerships, payment methods, and technologies to ensure BSA/AML regulatory compliance.

Reporting, Regulatory Filings and Examinations

* Oversee and coordinate BSA/AML regulatory examinations and independent audits, including tracking and remediation of findings.

* Conduct monthly reviews of the Monetary Instrument Log (MIL).

* Prepare BSA/AML, CIP, OFAC, and Identity Theft Prevention Program (ITPP) Board reports and annual summaries.

* Serve as liaison with external regulatory agencies, auditors, examiners on BSA/AML matters.

Systems & Data Management

* Perform system administration duties for BSA/AML-related systems.

* Conduct system validations on data imported into BSA software and related compliance platforms.

* Perform all aspects of BSA Software (currently Abrigo) administration and usage, including training, data imports and exports, monitoring, reconciliation, authorizations, waivers, confirmations, risk acceptance, audits, customer profiling, and review of system-generated alerts and cases.

* Maintain documentation and files related to compliance reviews conducted under the Project Management Program.

Governance, Oversight & Leadership

* Provide regular BSA/AML updates to senior management and the Board of Directors, including emerging risks and trends.

* Manage the Identity Theft Prevention Program and related risk assessment.

* Manage, coach, and mentor BSA/AML staff to ensure effective performance of assigned responsibilities.

* Participate in internal committees and work groups as assigned.

* Perform back-up duties for BSA/AML staff, including all responsibilities of BSA/AML Assistants as needed.

* Maintain compliance with all applicable banking laws and regulations.

* Commit to ongoing professional development and regulatory training.

Job Skills and Qualifications

* Bachelor's degree preferred, relevant BSA/AML experience and professional certifications may be considered in lieu of a degree.

* BSA/AML or financial crimes-related certification (e.g., CAMS,…