Principal - AML/BSA Governance & Advisory

Sandy Spring Bancorp
Richmond
Workplace: HybridFull timeFunction: Consulting & AdvisoryExperience: 7+ yearsEducation: bachelorsSkills: ["Analytical thinking","Communication","Influencing","Relationship building","Problem solving"]

Serve as a subject matter expert for AML/BSA and OFAC governance within the bank’s second line of defense. Identify, assess, and advise on regulatory compliance risk; maintain and refine BSA/AML and OFAC policies, standards, procedures, and controls; support enterprise risk assessments and issue management; coordinate independent audits/exams responses; and administer compliance training and related attestations across business units and affiliates.

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FursaFursa
Sandy Spring Bancorp
Sandy Spring Bancorp
2 days ago

Principal - AML/BSA Governance & Advisory

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Source: Company careers pageValidated by: Fursa AI
Last checked: 19 hours agoStatus: Live

Job Summary

Serve as a subject matter expert for AML/BSA and OFAC governance within the bank’s second line of defense. Identify, assess, and advise on regulatory compliance risk; maintain and refine BSA/AML and OFAC policies, standards, procedures, and controls; support enterprise risk assessments and issue management; coordinate independent audits/exams responses; and administer compliance training and related attestations across business units and affiliates.
Location: Richmond
Workplace: Hybrid
Employment Type: Full time
Job Function: Consulting & Advisory
Seniority: Mid level

Key Responsibilities

  • •Maintain understanding of BSA/AML and OFAC laws, regulations, guidelines, and advisories and provide expert advisory guidance and effective challenge.
  • •Establish and maintain BSA/AML and OFAC policies, standards, procedures (PSPs), and controls; support procedural reviews and independent reviews of procedures and red flags.
  • •Collaborate on the enterprise BSA/AML and OFAC sanctions risk assessment lifecycle, monitor mitigation effectiveness, and support issue management and status reporting/escalations.
  • •Serve as AML and sanctions subject matter expert for lines of business and non-bank affiliates, including identifying control gaps, guiding remediation, and recommending corrective actions.
  • •Coordinate support for internal and external audits/exams and administer BSA/AML and OFAC training assignments, tracking completion rates and updating materials.

Pay and Benefits

Perks:Health InsuranceDentalVisionLife InsuranceDisability CoveragePaid Leave401kWellness Stipend

Key Requirements

  • •Bachelor’s degree in Criminal Justice, Business, or related field (or equivalent education/experience).
  • •At least 7 years’ experience in BSA/AML/OFAC (Sanctions) compliance.
  • •Experience working with varying levels of management and teammates.
  • •Technical writing and/or procedure writing experience.
  • •Preferred certifications such as CAMS or CAFP (or other recognized certifications such as CFE).
Experience:7+ yearsBankingFinancial crime complianceAMLSanctions
Education:Bachelor's
Skills:Analytical thinkingCommunicationInfluencingRelationship buildingProblem solving
Certifications:CAMSCAFPCFE

Company Brief

Sandy Spring Bancorp
Bank holding company for Sandy Spring Bank, providing commercial and personal banking, lending, treasury management, and wealth services across the Mid-Atlantic region. Serves businesses, individuals, and nonprofit organizations through a branch and digital banking network.
Industry: Banking
Company Size: Large (251 to 1,000 employees)
Revenue: USD 100M to 250M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Olney, United States
Founded: 1868
WebsiteLinkedIn