BSA Compliance Officer

Position Title

BSA Compliance Officer

The BSA Compliance Officer is a leadership role with direct reports, reporting to the Vice President of Fraud Operations and BSA. This position is responsible for developing, implementing, testing, and administering TDECU’s enterprise-wide BSA, AML, and OFAC compliance program to ensure adherence to applicable laws and regulations. The role provides oversight and strategic direction for all BSA-AML-OFAC activities, incorporating industry best practices, sound risk management, and forward‑looking compliance strategies.

The BSA Compliance Officer leads the BSA Department; designs and maintains internal controls, policies, and procedures; and partners with compliance and business units to strengthen second‑line risk identification and assessment processes. The role maintains deep knowledge of compliance risk controls and the organization’s overall compliance risk profile.

• Overall responsibility for the design, effectiveness, and ongoing administration of the BSA-AML-OFAC compliance program, aligned to TDECU’s business strategy and risk appetite.
• Serves as the accountable executive for the BSA function, with leadership responsibility for the BSA department and direct reports.
• Develops the annual BSA-AML-OFAC roadmap and priorities based on institutional risk.
• Maintains direct access to the Board of Directors and designated committees.
• Prepares and delivers clear, accurate, and actionable reporting on program effectiveness, SAR activity, key risk indicators, examination outcomes, and recommended actions.
• Prepares clear, actionable Board and committee materials that summarize program status, exam outcomes, and recommended actions.
• Oversees third party BSA audits and model validation, tuning, and effectiveness; testing of AML and sanctions monitoring systems. Serve as the point of contact for BSA regulatory examinations, overseeing remediation, and Board reporting.
• Ensures the BSA program is adequately staffed and resourced to meet regulatory expectations.
• Ensures continuity, quality, and timeliness of BSA‑AML‑OFAC execution by coaching the team and, when necessary, directly performing or supporting core compliance activities to address workload surges, complex cases, or emerging risk.
• Promotes a culture of compliance and ethical conduct across the organization.

• Leads the annual BSA-AML-OFAC risk assessment, identifies areas of heightened compliance risk and vulnerability, and develops the annual compliance work plan and roadmap.
• Designs, implements, and oversees corrective action plans, quality assurance, testing, and ongoing monitoring using regulatory and industry‑standard methodologies.
• Owns execution of core regulatory requirements, including Customer Identification Program (CIP), Customer Due Diligence and Enhanced Due Diligence, high‑risk customer monitoring, OFAC compliance, and timely filing of CTRs, SARs, and FinCEN 314(a) and 314(b) reports.
• Holds final authority for BSA SAR filing decisions and ensures appropriate documentation and confidentiality.
• Monitors government notifications, sanctions updates, high‑risk jurisdictions, and enforcement actions to ensure appropriate system controls and reporting accuracy.

• Maintains expert‑level knowledge of BSA, AML, OFAC, CIP, and related laws, regulations, and regulatory guidance; monitors emerging regulatory and industry trends and translates them into operational requirements.
• Develops, maintains, and enhances BSA-AML-OFAC policies, procedures, processes, controls, and training programs; ensures training is appropriate for employees and the Board and reviewed annually for effectiveness.
• Reviews new or modified products, services, systems, and processes for BSA-AML-OFAC impact prior to implementation.
• Partners across Legal, Risk, Compliance, Fraud, Internal Audit, Operations, and business units as part of the second line of defense; supports integration of BSA/AML metrics into…