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Lincoln Savings Bank · 1 day ago

Compliance and BSA/AML Officer

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Lincoln Savings Bank is seeking a Compliance and BSA/AML Officer to oversee compliance and BSA/AML teams within both community banking and fintech business lines. The role requires strong leadership and a deep understanding of regulatory requirements to develop and implement compliance programs effectively.

BankingFinanceFinancial Services

Responsibilities

Work as a partner with business, legal and enterprise risk management teams to evaluate new products and services. Work directly with fintech partners to perform due diligence on new products and services, and document reviews

Craft and execute innovative strategies to build and implement robust compliance programs for our fintech products. Heavy focus on not only identifying risks, but also working with stakeholders to identify risk-based solutions

Collaborate with cross-functional teams, including product, enterprise risk management and legal, to integrate regulatory requirements seamlessly into our products and services

Create structures, where needed, that allow for flexibility, when appropriate. Streamline cumbersome review processes and manage committee materials and meetings in a way that is meaningful for attendees

Lead the monitoring of evolving financial services regulations, and interface with regulatory bodies

Lead and develop the compliance and BSA/AML teams, including individual coaching, proactively identifying opportunities for development, and ensuring that there is a free flow of communication across the teams and limiting silos, when possible

Qualification

BSA/AMLComplianceRegulatory knowledgeFintech experienceTeam leadershipProblem-solvingCommunication skills

Required

Bachelor's degree in Business with a strong background in compliance, with an ability to carefully read and parse through regulations, or J.D

Preferred

10-15 years of hands-on experience in BSA/AML, OFAC and compliance, preferably in financial services or fintech

You're a problem-solver with a strong understanding of relevant consumer protection regulations (e.g., BSA/AML, OFAC, Regulation E, ECOA, FCRA, UDAAP, payment regulations/reg II, privacy)

Excellent written and verbal communication skills

Ability to build compliance programs from the ground up