BSA Officer at Herring Bank

, , United States -

Full Time

Start Date

Immediate

Expiry Date

06 Jun, 26

Salary

115000.0

Posted On

08 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

BSA/AML Compliance, Sanctions Compliance, Regulatory Guidance, Suspicious Activity Reporting, SAR Filings, CTR Filings, Regulatory Liaison, Auditor Liaison, Enhanced Due Diligence, Cannabis-Related Businesses Compliance, Risk Assessment, Transaction Monitoring, Compliance Training, Cross-functional Partnership, Financial Crime Risk Management, Problem-Solving

Industry

Banking

Description

BSA Officer Location: Remote Eligible FLSA: Exempt About Herring Bank Herring Bank is a growing community bank focused on delivering innovative financial solutions while maintaining strong regulatory and risk management practices. As we continue expanding into new markets and specialized banking programs, we are seeking experienced professionals who thrive in a dynamic, collaborative environment. What You’ll Be Doing Lead the design, implementation, and oversight of the Bank’s BSA/AML and sanctions compliance programs Ensure compliance with regulatory guidance from FinCEN, FFIEC, and other governing bodies Oversee the investigation and reporting of suspicious activity, including SAR and CTR filings Serve as the primary liaison with regulators, auditors, and law enforcement Develop enhanced due diligence (EDD) processes for high-risk customer segments Support compliance programs related to cannabis-related businesses (CRBs) in accordance with federal guidance Conduct enterprise-wide BSA/AML risk assessments Evaluate transaction monitoring systems and recommend improvements Provide BSA/AML training to employees and leadership Prepare periodic compliance reports for senior leadership and the Board of Directors Partner cross-functionally with operations, lending, risk management, and onboarding teams What We’re Looking For Strong knowledge of Bank Secrecy Act (BSA) and AML regulatory requirements Experience managing financial crime risk and regulatory compliance programs Ability to collaborate across departments and lead compliance initiatives Strong analytical, organizational, and problem-solving skills Excellent written and verbal communication skills Qualifications High school diploma or GED with 8+ years of banking experience, or Bachelor’s degree with 3+ years of management-level banking experience CAMS certification preferred Minimum 2 years of supervisory or leadership experience Experience with transaction monitoring, suspicious activity investigations, and regulatory reporting Ability to work independently while managing multiple priorities Must be able to pass a credit and background check MEMBER FDIC – EQUAL OPPORTUNITY EMPLOYER This is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other and/or different tasks be performed as assigned. This is a remote position.

Responsibilities

The BSA Officer will lead the design, implementation, and oversight of the Bank’s BSA/AML and sanctions compliance programs, ensuring adherence to regulatory guidance from FinCEN and FFIEC. This role involves overseeing suspicious activity reporting, serving as the primary liaison with regulators, and developing due diligence processes, including support for cannabis-related businesses compliance.