Old National Bank · 1 day ago
Deputy BSA Officer
Lake Elmo, MN
Full-time
Onsite
Senior Level, Lead/Staff
$106K/yr - $215K/yr
10+ years expOld National Bank has been serving clients and communities since 1834, and they are seeking a Deputy BSA Officer to support the BSA Officer in compliance programs related to the Bank Secrecy Act and Anti-Money Laundering. The role involves advising business leaders on compliance issues, maintaining policies, and leading the BSA/AML Steering Committee.
BankingFinancial ServicesWealth Management
Responsibilities
Maintain current knowledge of applicable laws, regulations, and issues. Evaluate changes in industry practice and legal/regulatory requirements and ensure that timely appropriate action is taken
Support the BSA Officer in developing and maintaining policies and procedures, deliver training, reinforce internal controls, and ensure timely and accurate periodic MIS reporting
Develop KRIs/KPIs for reporting to applicable oversight committees
Facilitate periodic committee presentations
Coordinate with the BSA Senior Leadership team members and Governance Analyst to prepare and execute the annual BSA/AML/OFAC risk assessment, including data analysis, coverage assessment, methodology and application
Ensure compliance with 314(a) and 314(b) (PATRIOT Act) responsibilities
Requires continuous exercise of judgment following broad guidelines. Identifies and selects complex choices of action where standard practices may not exist. Must be able to accommodate detailed work, problem solving, reasoning, math, presentations, verbal communication, written communication, analytical reasoning, training others, multiple concurrent tasks and constant interruptions
Advise lines of business and operational areas of BSA, AML and OFAC Program Issues, including regulatory changes, business changes, impacts on new products and services, process and procedure changes, and any additional first line support needed
Provide assistance to the Compliance Department when needed
Conduct self-assessments and assist in preparation and coordination of independent audits and regulatory examinations
Lead BSA/AML Steering Committee meetings to provide current information to committee members
Assist in department/division special projects and tasks for the department as directed
Assist in the development, revision or reviews of bank policies, procedures, disclosures, notices, and forms to comply with legislative and regulatory changes or new requirements
Qualification
Required
Master's Degree or comparable experience
10+ years relevant experience in BSA/AML and OFAC compliance preferably in a mid-size or large bank environment
CAMS, CAFP, or CRCM
Extensive knowledge of Enhanced Due Diligence (EDD) matters, OFAC regulations, USA PATRIOT Act, AML/BSA Acts, Fraud Scenarios, Criminal Situations, and Internal Crimes with the ability to define problems and propose solutions
Able to manage and execute multiple complex projects within required timelines and expectations required
Extensive knowledge of information technology, particularly how systems and applications integrate with business processes and operations (e.g., information technology risks, major systems conversions)
Excellent communication/influence skills are required, including reports; presentations; group facilitation skills; ability to develop professional relationships; and networking internally/externally
Proven ability to partner effectively across all levels of the organization and develop positive working relationships
Highly logical and organized to develop creative solutions to complex problems
Executive presence with internal partners and external constituents, as necessary
Business or Statistical Models experience, including governance, controls, development, documentation, validation, and calibration
Preferred
Bachelor's degree in business, Finance, Accounting, or related field desired
Benefits
Medical, dental, and vision insurance
401K
Continuing education opportunities
Employee assistance program
Company
Old National Bank
Old National Bank is a regional bank providing you with additional provides account choices, expanded convenience, and greater control.
1001-5000 employees
H1B Sponsorship
Old National Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (5)
2023 (5)
2022 (5)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$400M2024-11-25Post Ipo Equity· $400M
1984-12-04IPO
Leadership Team
James Sandgren
CEO - Commercial Banking
Timothy Burke
President & Chief Operating Officer
Recent News
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2026-01-22
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2026-01-20
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