Senior Manager, Affirm Bank Compliance

About This RoleAI processing…

Key Responsibilities

• 1
  Program Oversight: Develop, implement, and maintain the Bank’s BSA/AML/CFT and OFAC Compliance Program in accordance with 12 CFR §326.8, FinCEN regulations, and applicable FDIC and FFIEC guidance.
• 2
  Risk Assessment: Conduct and periodically update the BSA/AML/CFT and OFAC risk assessments to identify, measure, and mitigate financial crime, terrorist financing, and sanctions risks across the Bank’s products, services, customers, and delivery channels.
• 3
  Monitoring and Controls: Oversee systems and procedures for transaction monitoring, customer due diligence (CDD), enhanced due diligence (EDD), and suspicious activity detection. Ensure the timely filing of CTRs and SARs as required by FinCEN.
• 4
  Training; Implement ongoing BSA/AML/CFT/OFAC training for all employees and Board members, ensuring appropriate coverage by role and function.
• 5
  Independent Testing: Coordinate the independent testing of the BSA/AML/CFT and OFAC Compliance Program, oversee remediation of findings, and ensure ongoing program effectiveness.
• 6
  Regulatory Reporting and Liaison: Serve as the primary point of contact with the FDIC, FinCEN, and law enforcement agencies on all BSA/AML/CFT/OFAC matters for the Bank. Prepare and deliver reports to executive management and the Board’s Risk Committee on program status, risk trends, and significant issues.
• 7
  Customer Identification and Due Diligence: Ensure compliance with the Customer Identification Program (CIP) and Customer Due Diligence (CDD) requirements.
• 8
  Coordination and Governance: Work closely with the Compliance, Risk, Operations, and Technology teams at the Bank and Affirm to ensure appropriate controls for new products.

Requirements

• Minimum of 7–10 years of experience in BSA/AML/CFT compliance within a financial institution, including at least 3 years in a management or leadership role.
• Strong knowledge of the Bank Secrecy Act, USA PATRIOT Act, OFAC, FinCEN guidance, and related FFIEC BSA/AML Examination Manual requirements.
• Professional certification such as Certified Anti-Money Laundering Specialist (CAMS) strongly preferred.
• Experience implementing or overseeing BSA/AML/CFT systems, analytics, and regulatory reporting tools.
• Proven ability to interface effectively with regulators, auditors, and executive management.
• Expert knowledge of BSA/AML/CFT principles, frameworks, and regulatory requirements.
• Strategic thinker with strong operational execution and control discipline.
• Effective communicator capable of influencing across technical and business functions.
• Collaborative leader who fosters a culture of accountability, awareness, and continuous improvement.

Perks & Benefits