US BSA Officer

Financial Crime Compliance is a key team that makes sure Revolut’s products and processes meet global AML/CTF regulatory requirements and translate these into the best customer outcomes. They’ve got an outstanding ability to find solutions and carry out testing in a purely digital environment. Those data-driven experts know that better people and machines are the most effective way of managing compliance risk

We’re looking for an intelligent, dynamic, innovative, and driven BSA Officer to lead the U.S. FinCrime Compliance team.

This position is critical to supporting the growth of Revolut’s U.S. business. We’re looking for someone with extensive experience in the financial services / banking industry and proven experience and leadership in financial crime compliance that’s excited to lead and shape the U.S. financial crime compliance function and be a key member of the leadership team.

Up for the challenge? Let’s get in touch.

What you’ll be doing

• Assisting senior management in defining standards to manage financial crime risks and ensure that these standards are applied across the organisation
• Ensuring a financial institution complies with the Bank Secrecy Act and Anti-Money Laundering (AML) regulations
• Reviewing laws and regulations that impact the bank compliance requirements, with emphasis on Bank Secrecy Act (BSA/AML), USA Patriot Act, and OFAC
• Monitoring customer transactions to help support BSA/AML, file all SAR/CTRs in accordance with BSA. Review system reports daily to support BSA/AML/OFAC compliance. Prepare board reports on SAR/CTR filings. Manage CTR reporting and CTR exemption processes.
• Providing oversight and support to the identification, remediation and resolution of FinCrime-related risk incidents
• Offering 2LOD support to the business and 1LoD FinCrime teams with the launch of products, procedures, processes, and systems
• Ensuring FinCrime risks are considered in our day-to-day operation, e.g, in the development of new products and the taking-on of new customers
• Participating in FinCrime-related governance committees to check-and-challenge initiative owners, identify potential issues and propose solutions
• Establishing, maintaining and reviewing dashboards on an ongoing basis, to identify areas that might fall outside of risk appetite and which require further investigation
• Preparing reports to Senior Management, Group committees and the Board, and escalating any key or high risk financial crime compliance issue

What you’ll need

• 5+ years of experience in. FinCrime (AML/CTF and Sanctions), covering a wide range of subjects in depth across retail and business customer bases, such as KYC, CDD/EDD, Transaction Monitoring, Risk Assessments, Reporting (SARs)
• Good understanding of both innovative financial services products and associated financial crime risks
• Expertise re anti-financial crime frameworks: AML/CTF and Sanctions policies, and regulatory recommendations, risk management, good practice, procedures, and control arrangements in a complex financial organisation
• Excellent knowledge of financial crime controls
• Understanding of industry-wide financial crime practices and trends
• Exceptional knowledge and experience of identifying financial crime risks and potential vulnerabilities and advising on best practices to address those findings
• A proven record of stakeholder management and the ability to collaborate, negotiate, and communicate effectively with stakeholders
• Fluency in English

Nice to have

• Professional qualification from an internationally recognised body (e.g. ICA, ACAMS)
• Excellent knowledge of key regulatory issues pertaining to anti-fraud and control assessment processes
• Eager to develop expertise in cryptocurrency regulations

Compensation range

• New York: $153,000 – $180,000 gross annually*
• US: $153,000 – $180,000 gross annually*
• Other locations: Compensation will be discussed during the interview process

*Final compensation will be determined based on the candidate’s qualifications, skills, and previous experience