BSA​/AML Compliance Associate

About the role

Within the US Compliance unit of a large global bank, the BSA/AML Compliance Associate will be responsible for supporting the bank’s BSA/AML Program and ensuring compliance with all applicable BSA/AML and OFAC rules and regulations across all business areas. The candidate will perform day-to-day functional tasks with a primary focus on the Transaction Monitoring lifecycle, including alert review, case investigations, and SAR drafting.

The ideal candidate will bring a balance of Enhanced Due Diligence (EDD) and transaction monitoring expertise, demonstrating a strong understanding of AML regulatory expectations and the ability to collaborate effectively in a cross-jurisdictional environment.

• Review automated transaction monitoring alerts and conduct end-to-end investigations of suspicious activity, ensuring timely resolution in accordance with internal SLAs and regulatory requirements.
• Draft high-quality Suspicious Activity Reports (SARs), maintain robust documentation for “no-file” decisions, and participate in the Quality Control (QC) process of SAR filings.
• Liaise with Business Lines, Client Onboarding, Operations, and Legal to support compliant onboarding practices and discuss customer risk tolerance reviews or requirements for additional controls.
• Serve as a point of contact for the business to manage Requests for Information (RFIs) and provide guidance on AML-related inquiries.
• Participate in compliance regulatory examinations, internal audits, and independent inquiries by supporting the drafting of responses and the preparation of required materials.
• Contribute to transaction monitoring “tuning” efforts and the development of new detection scenarios based on emerging risks and typologies.
• Contribute to the ongoing development, maintenance, and updating of AML team procedures to ensure alignment with corporate guidelines and evolving regulations.
• Execute special projects, thematic reviews, and assignments as needed.

• Bachelor’s degree required.
• Graduate degree in Law, Business, or other related areas highly desirable.
• At least five years of experience in BSA/AML.
• Team player able to interface with Senior Management and exhibit a high level of professionalism.
• In-depth technical knowledge of BSA/AML, USA PATRIOT Act, OFAC sanctions compliance, KYC, and transaction monitoring review and reporting.
• Experience conducting company searches and use of resources such as Lexis Nexis and World-Check.
• Experience with transaction monitoring and case management tools.
• Active Certified Anti-Money Laundering Specialist (CAMS) designation preferred or ability to acquire within 180 days of hire.
• Ability to read, write, and speak Spanish highly desirable.
• Knowledge of LATAM / Spain regions highly desirable.
• Broker/Dealer experience desirable.
• Ability to work independently or with limited supervision on highly sensitive matters.

Employment eligibility to work with BBVA in the U.S. is required; the company will not pursue visa sponsorship for these positions.

For the Houston Office, the expected base salary ranges from $70,000 to $90,000. Successful candidates are eligible for a discretionary bonus in addition to a generous employee benefits package.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.