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Stearns Bank N.A. · 3 weeks ago

Fintech BSA Program Manager

United States

Full-time

Onsite

Mid, Senior Level

$90K/yr - $120K/yr

7+ years exp

Stearns Bank N.A. is a financial institution dedicated to helping people and businesses reach their financial potential. The Fintech BSA Program Manager will oversee financial crimes compliance for fintech engagements, ensuring adherence to regulations while driving growth and compliance activities.

Financial Services

Responsibilities

Lead the development, implementation, and ongoing optimization of BSA/AML transaction monitoring scenarios tailored for fintech partner programs, including tuning thresholds and reducing false positives

Serve as final reviewer on complex SAR investigations and ensure timely, accurate filing of SARs and CTRs in accordance with FinCEN requirements

Conduct comprehensive BSA/AML risk assessments for new and existing fintech partners, identifying inherent risks and evaluating control effectiveness

Build and maintain the financial crimes component of the Bank's third-party risk management framework for fintech partnerships

Oversee CIP/KYC procedures for customers onboarded through fintech partners, ensuring compliance with regulatory requirements and Bank policies

Lead OFAC screening processes and sanctions compliance activities across all fintech partner channels

Coordinate BSA examination activities with OCC examiners, including preparation of examination materials, response drafting, and corrective action implementation

Provide strategic guidance to fintech partners on BSA/AML program requirements, control expectations, and remediation activities

Develop and deliver BSA/AML training programs for internal staff and fintech partner personnel

Monitor regulatory developments and industry trends to proactively enhance the Bank's BSA/AML program

Prepare Board and senior management reporting on BSA/AML program performance, emerging risks, and key metrics

Maintain a solid understanding of all legal and regulatory compliance issues as they pertain to this position

Qualification

BSA/AML complianceFintech partnershipsTransaction monitoringRegulatory examinationsData analysisCAMS certificationAdvanced ExcelAnalytical skillsCommunication skillsProblem-solving skills

Required

Bachelor's degree (B.A.) from four-year college or university; or three to five years related experience and/or training; or equivalent combination of education and experience

Minimum 7 years of progressive BSA/AML compliance experience in banking or financial services

At least 3 years of experience specifically with fintech partnerships, BaaS programs, or digital banking platforms

Demonstrated experience with OCC, FDIC, or Federal Reserve regulatory examinations

Experience developing and implementing transaction monitoring programs

Track record of managing complex SAR investigations from detection through filing

Proficiency with transaction monitoring platforms (e.g., Verafin, Actimize, SAS, NICE Actimize, Sardine)

Advanced Excel skills including pivot tables, VLOOKUP, and data analysis

Ability to work independently in a fast-paced, startup-like environment with minimal supervision

Excellent written and verbal communication skills, including ability to present to Board and regulatory audiences

Strong analytical and problem-solving capabilities

Proficiency with standard office technology and ability to learn new systems quickly

Ability to travel occasionally for partner meetings and regulatory examinations

Occasionally lift and/or move up to 10 lbs

Literacy in English

Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools, or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk, or hear

Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus

Preferred

CAMS (Certified Anti-Money Laundering Specialist) strongly preferred

CAFCA (Certified AML FinTech Compliance Associate) preferred

CRCM (Certified Regulatory Compliance Manager) a plus

CFE (Certified Fraud Examiner) a plus

Experience with data visualization tools (Power BI, Tableau) preferred

Familiarity with APIs and technical concepts related to digital banking

Benefits

Employee Stock Ownership Plan & 401k Plan

Healthcare (Medical, Dental, Vision, Telehealth, Life insurance)

12-week Paid Medical Leave

Paid Parental Leave: 21-weeks Primary Care Parent, 14-weeks Secondary Care Parent

$5,000 Family Care Reimbursement: Childcare, Elder Care, Student Loan Debt, Pet expenses, down payment assistance

PTO from 13 to 23 days depending on tenure. Cashout and Carryover options.

10 Days Sick Time

11 Paid Holidays

4 Days Volunteer Time

2 Days Self Allowance Time

Tuition Assistance

Company

Stearns Bank N.A.

Stearns Bank National Association is a majority women-owned and governed financial services institution committed to empowering people, entrepreneurs, small businesses, and local communities to reach their full financial potential.

Founded in 1912

Saint Cloud, Minnesota, USA

501-1000 employees