HFD · 1 month ago
BSA/AML Officer
United States
Full-time
Remote
Senior Level
5+ years expHFD is committed to making healthcare more affordable and is seeking a BSA/AML Officer to ensure compliance with regulatory requirements. This role involves overseeing the BSA compliance program, managing risk assessments, and providing training to staff to prevent financial crimes.
Responsibilities
Develop, implement, and maintain HFD's written BSA/AML compliance program, policies, procedures, and internal controls. Conduct periodic reviews and updates to align with current regulatory requirements
Oversee the monitoring of customer transactions for unusual or suspicious activities. Ensure the timely and accurate completion and reporting of all Questionable Activity Reports (QARs) including oversight of the QAR Committee, reporting to our sponsor bank, and reporting to HFD’s Compliance Committee
Ongoing participation in the efforts to prevent and detect fraudulent activities that may have BSA/AML implications. Consideration for the enhancement of controls as well as possible reporting requirements based on observations
Conduct periodic, comprehensive risk assessments to identify potential money laundering and terrorist financing risks across all products, services, and customer types. Develop and implement risk mitigation strategies and enhanced due diligence (EDD) procedures for high-risk accounts
Manage the Customer Identification Program (CIP) and CDD processes, including verifying customer identities and assessing risk profiles at account opening and throughout the relationship
Develop and deliver ongoing BSA/AML/OFAC training to all employees, relevant management, and the Board of Directors to ensure awareness and compliance with regulatory obligations
Act as the primary liaison for internal auditors, independent state and federal auditors, and regulatory examiners on BSA/AML matters. Coordinate responses to audits and examinations and ensure identified deficiencies are addressed
Serve as the main point of contact for legal requests, such as subpoenas and garnishments, coordinating with internal and external stakeholders for timely and legally compliant responses
Other duties as assigned
Qualification
Required
Bachelor's Degree, or a minimum of 5 years' financial institution experience required in a lead BSA role
Sensitivity to confidential matters and ability to exercise discretion
Ability to work independently
Strong research skills
Must be a team player and possess a high energy 'can do' attitude
Ability to multitask and excel in a fast-paced environment
Skills required: excellent analytical abilities, strong communication (written and oral) and interpersonal skills, attention to detail, and the ability to work independently
Preferred
CAMS certification highly preferred
Company
HFD
HFD is a fintech platform that allows healthcare providers to offer innovative pay-over-time options to every patient, regardless of their credit.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Tyler Johnson
Chief Executive Officer
Patrick Visser
Chief Technology Officer
Recent News
2025-05-01
2025-04-30
Fintech News America
2025-04-30
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