Compliance Officer, BSAAML & Fraud

About Us

At Finance of America we help homeowners unlock the joy that comes from realizing the full potential of their retirement. Many people have significant wealth tied up in their homes and want to use it meaningfully in their next chapter. Our unique range of reverse mortgages allow homeowners 55 to access that wealth while maintaining control over their home and financial future.

With options tailored to their unique goals we provide the financial flexibility they need to move forward with confidence.

Purpose of Role

Responsible for supporting the organization's Bank Secrecy Act (BSA) Anti-Money Laundering (AML) and Fraud Risk Management programs. Performs monitoring investigations reporting and control testing to ensure compliance with applicable laws and internal policies. Collaborates with operational teams risk partners and management to identify potential risks, implement effective controls and support a strong compliance culture across the enterprise.

Key Responsibilities and Expectations

• Conducts daily weekly and monthly BSA / AML monitoring activities including transaction reviews alert clearing customer due diligence and enhanced due diligence assessments.
• Performs investigations into unusual or potentially suspicious activity and prepare well-documented case files.
• Assists in preparing and filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required.
• Supports ongoing refinement of customer risk ratings KYC / CIP processes and AML system rules.
• Monitors investigates and documents suspected fraud activity across applicable business lines.
• Partners with business units to recommend improvements to fraud prevention controls customer authentication processes and detection tools.
• Maintains detailed investigation records and escalates significant findings to management.
• Conducts periodic reviews and testing of BSA / AML and Fraud controls to assess effectiveness and identify gaps.
• Supports preparation of internal dashboards regulatory reports and management reporting.
• Assists with audits and regulatory examinations by gathering required documentation and responding to inquiries.
• Contributes to the annual BSA / AML and Fraud Risk Assessments by gathering data documenting controls and identifying emerging risks.
• Performs other duties as assigned.

Reports To

• Director Issue Management & Compliance Monitoring

Qualifications - Experience / Skills / Competencies

• Minimum 3 years of related experience in BSA / AML fraud investigations or compliance roles within financial services lending or banking.
• Strong understanding of BSA AML USA PATRIOT Act OFAC and fraud-related regulatory requirements.
• Investigative mindset with strong analytical writing and documentation skills.
• Experience working with AML or fraud monitoring systems and case management tools.
• Ability to manage multiple priorities in a fast-paced environment.
• Knowledge of the mortgage lending process and related legal and regulatory requirements.
• Interpersonal oral and written communication skills.
• Research analytical and problem-solving skills.
• Experience with Loan Origination Systems (LOS) (e.g. Encompass, Reverse Vision etc.).
• Proficiency in MS Office Suite.

Qualifications - Education - Required

• Bachelors Degree

Qualifications - Education - Preferred

• Relevant certifications such as CAMS, CFE or CAFP.

Compensation

The base salary range for this position is ($110,000 - $145,000) inclusive of all geographical differences in the labor market. The base salary for the position will be determined based on factors such as the candidate's work location, skills, education and addition to those factors we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer.

We offer a competitive benefits package including health, dental, vision, life insurance, paid time-off, flexible spending account, 401(k) with employer match and ESPP.

Additional Information

The Final date to receive applications for the job opportunity is 2 / 23 / 2026.

Finance of America is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex (including pregnancy), sexual orientation, religion, creed, age, national origin, physical or mental disability, gender identity and/or expression, marital status, veteran status or other characteristics protected by law.

Key Skills

• Compliance Management
• Risk Management
• Financial Services
• PCI
• Banking
• Cost Accounting Standards
• Quality Systems
• Research Experience
• NIST Standards
• Securities Law
• SOX
• ISO 27000

Employment Type

Full-Time

Experience

Years of experience required.

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