Act as a second line of defense for effective risk management, ensuring the development and maintenance of a strong compliance culture by developing and maintaining a program infrastructure that identifies, measures, and monitors compliance with all applicable laws, regulations, and rules that govern a specific line of business.

• Partner with first and second line of defense stakeholders to ensure their risk assessments, products and services, processes and controls, and policies and procedures are in compliance with Bank Secrecy Act (BSA), USA PATRIOT Act, Financial Crimes Enforcement (FinCEN), and Office of Foreign Assets Control (OFAC) laws and regulations.
• Maintain a proficient knowledge of rules and regulations and their impact on products, services, and operations.
• Establish line of business partnerships and serve as a subject matter expert to the business groups on issues related to compliance.
• Conduct research on laws and regulations that impact compliance including monitoring for new laws and regulations or changes to existing laws and regulations and provide communications to appropriate lines of business which will be impacted by such changes.
• Administer a monitoring and testing program to ensure effective compliance with all applicable laws and regulations.
• Gather information requested by regulatory agencies.
• Focus on the resolution of complex problems or transactions where expertise is required to interpret against policies, guidelines, or processes.
• Supervise the day-to-day work of other professional-level compliance associates.

Policy owner of the company's anti-money laundering (AML) policy and the BSA section of the Consumer Compliance Manual.

• Oversee the company's BSA/AML independent compliance program review.
• Perform the company's annual BSA/AML risk assessment.
• Prepare, track, and evaluate reports for government agencies. Reports include but are not limited to currency transaction reports (CTRs) and suspicious activity reports (SARs).
• Perform compliance, AML, BSA, Dodd-Frank, UDAAP, Cole Memo, and money services business audits using proprietary software (through SQL and SAS) and 3 rd party vendor analytics products. Services audited include but are not limited to general purpose reloadable prepaid cards, check cashing, and Western Union transactions. Perform OFAC and Western Union compliance reviews.
• Process requests for BSA Title 31 summonses from the Internal Revenue Service (IRS).
• Report issues and internal controls deficiencies and provide recommendations for improving business operations.
• Recruit, monitor, and evaluate associates from other departments that assist in enterprise-wide measures to enforce BSA compliance.
• Assist in creating BSA and AML training content.

Perform compliance, AML, BSA, Dodd-Frank, UDAAP, Cole Memo, and money services business audits using proprietary software (through SQL and SAS) and 3 rd party vendor analytics products. Services audited include but were not limited to general purpose reloadable prepaid cards, check cashing, and Western Union.

• Coordinate and manage audit schedules with a team of 13 field auditors and 1 local employee using a risk-based approach.
• Perform OFAC compliance reviews and process requests for BSA Title 31 summonses from the IRS.
• Coordinate and oversee Western Union compliance reviews and Southwest Border States compliance.
• Evaluate and provide assurance that risk management, control, and governance systems are functioning as intended with consultation from legal counsel.
• Report issues and internal controls deficiencies and provide recommendations for improving business operations.
• Instruct regional managers on anti-money laundering practices and assist with staff development.
• Prepare, track, and evaluate reports for government agencies. Reports include but are not limited to CTRs and SARs.
• Assist in refining, setting, and forming company policies to address changes in laws and within the retail finance industry.