BSA/AML Manager

About the Role

Fund Street Technologies is a fintech lending platform for commercial financing to small and mid-sized businesses. As our business opportunities grows, we are in need of a BSA/AML Manager who can help build out our program.

This person will help design and implement our BSA/AML and risk assessment, sanctions controls, customer due diligence, transaction monitoring, and suspicious activity reporting processes. The role works closely with Legal, Risk, Operations, Underwriting, Fraud, Engineering, and external partners.

Key Responsibilities

• Help design and implement the BSA/AML program, including policies, procedures, and standards that match applicable requirements, partner expectations, and our risk appetite.
• Assist in building governance reporting for senior leadership and external partners; covering program status, key metrics, and emerging risks.
• Develop the BSA/AML and sanctions risk assessment, covering products, customer types, geographies, and delivery and funding channels.
• Build or enhance procedures and controls related to Customer Due Diligence (CDD), OFAC Sanctions, Beneficial Ownership, and the Customer Identification Program (CIP) and create related testing scripts and execute related internal testing activities.
• Design transaction monitoring scripts suited to commercial lending and devise a reporting mechanism for any escalations.
• Advise on BSA