Senior BSA/AML Program Manager

April 4

🚗 Michigan – Remote

Although this job is listed in Michigan, this company may be open to hiring remote in other states.

💵 $140.6k - $232k / year

⏰ Full Time

🟠 Senior

📋 Program Manager

🦅 H1B Visa Sponsor

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Flagstar Bank

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Flagstar Bank is a diversified commercial bank focused on building relationships to help clients on their financial journeys, whether for personal or business needs. The bank offers a wide range of financial services including personal and business banking, loans, mortgages, wealth management, and investment services. Flagstar is committed to community involvement and meeting the banking needs of diverse neighborhoods, including low- and moderate-income areas, while promoting diversity, equity, and inclusion within its operations.

Mortgage • Commercial Banking • Personal Financial Services • Government Banking • Small Business Banking

5001 - 10000 employees

🏦 Banking

💸 Finance

🏠 Real Estate

📋 Description

•The Senior BSA/AML Program Manager is responsible for overseeing and enhancing the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Sanctions compliance program to ensure adherence to regulatory requirements and industry best practices. •This role plays a key part in the development, implementation, and ongoing management of policies, procedures, and controls designed to detect, prevent, and mitigate financial crime risks. •The Senior Program Manager will collaborate with internal stakeholders, including business units, risk management, and senior leadership, to assess AML risk exposure, implement strategic initiatives, and drive compliance effectiveness. •This position is critical in maintaining a strong compliance culture while supporting business growth and regulatory expectations.

🎯 Requirements

•Education level required: Undergraduate Degree (4 years or equivalent) in Business, Finance, Management, or related field. •Minimum experience required: 10+ Years in project/program management and experience leading AML initiatives, projects, and teams within a financial institution. •Preferred Qualifications: Education level preferred: Master's Degree (or Postgraduate equivalent) in Business, Finance, Management, or related field. •Strong knowledge of BSA/AML regulations and regulatory requirements impacting financial institutions. •Familiarity with AML compliance software, transaction monitoring systems, and case management tools. •Ability to interpret and apply regulatory changes to enhance the AML compliance program. •Strong ability to assess AML risks, identify control gaps, and implement risk mitigation strategies. •Skilled in drafting, implementing, and maintaining BSA/AML policies, procedures, and internal controls. •Strong critical thinking and problem-solving skills to evaluate complex AML issues. •Ability to make sound risk-based decisions in high-pressure situations. •Commitment to maintaining the highest level of ethical conduct in financial crime prevention. •Ensures transparency and accountability in AML compliance operations. •Minimal travel required.