Deputy BSA & Sanctions Officer at Blockchain · LumiJobs

Responsibilities

Support the BSA Officer in the development, implementation, and ongoing enhancement of a comprehensive BSA/AML and Sanctions compliance program aligned with U.S. regulatory expectations and global best practices.
Oversee and manage key components of the BSA/AML and Sanctions program, including transaction monitoring, investigations, data validation, reporting, and recordkeeping functions, ensuring operational effectiveness and regulatory compliance.
Lead and execute the annual BSA/AML and OFAC risk assessment process, including risk identification, control evaluation, and documentation of findings with clear recommendations.
Own and maintain BSA/AML and Sanctions policies, procedures, and related documentation, ensuring they remain current, effective, and aligned with evolving regulatory requirements and business activities.
Evaluate the adequacy and effectiveness of internal controls across the financial crimes compliance program and drive continuous improvement initiatives.
Oversee enhanced due diligence (EDD) processes, including identification, review, and periodic reassessment of high-risk customers, ensuring appropriate documentation and ongoing monitoring.
Ensure the timely and accurate filing of Suspicious Activity Reports (SARs) with FinCEN and OFAC-related reporting obligations, including Voluntary Self-Disclosures (VSDs), as required.
Provide oversight and guidance on complex investigations and case decisions, ensuring consistent application of risk-based judgment.
Develop and deliver key risk indicators (KRIs), metrics, and management reporting to senior leadership, providing transparency into program performance and control effectiveness.
Partner cross-functionally with Product, Legal, Compliance, and Operations teams to embed financial crimes compliance requirements into business processes and product development.
Lead preparation for and response to regulatory examinations, audits, and inquiries, acting as a key point of contact for regulators.
Own and manage the global policy and procedure governance framework, including coordination with stakeholders to ensure timely updates and consistency across jurisdictions.

Deputy BSA & Sanctions Officer

Responsibilities

Qualification

Required

Preferred

Benefits

Company

Blockchain

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