BSA/AML Officer

A BSA/AML Officer is a compliance professional responsible for overseeing and managing an organization’s compliance with the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. This officer ensures that the company’s policies, procedures, and training programs align with legal standards and effectively detect and prevent money laundering activities. The BSA/AML Officer typically reports to senior management and may interact with regulatory agencies during audits or inspections.

Key responsibilities include developing risk assessments, ensuring proper filing of SARs and CTRs, and staying updated with regulatory changes to maintain the effectiveness of the AML program.