VP, Deputy BSA Officer

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Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.

With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us.

Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.

Together, there’s no stopping you!

VP, Deputy BSA Officer

Responsible for assisting with the implementation of all aspects of the Bank Secrecy Act and OFAC compliance program. This position performs various quality control reviews and monitoring pertaining to the Bank Secrecy Act, USA PATRIOT Act, anti-money laundering, OFAC, customer identification/know your customer, and consults and guides the Bank in the establishment of controls to mitigate risks.

• Serves as the Deputy BSA Officer
• Assists in the development, implementation and ongoing improvement of the Bank’s BSA/OFAC Program including, risk assessment, procedures, training, internal control and mitigation processes, customer due diligence and oversight of the BSA team
• Participates and prepares for regulatory BSA examinations and independent audits, internal Board and Management committee meetings
• Assists with the Selection/development of BSA/AML/OFAC related training programs for directors, management and employees and providing BSA/OFAC guidance and coaching to employees
• Prepares reports for the Executive Management and Board of Directors on a periodic basis, including but not limited to trends in high risk customer on/off boarding, SARs, emerging BSA and AML
• Responsible for overseeing the customer risk management processes and the regular enhanced due diligence (EDD) reviews, engaging in the initial risk assessment of potential new customers in high risk categories (e.g., MSB, casino, MRB, DCM, private ATM, TPPP, etc.), and ensuring customer risk ratings are appropriately assigned and related oversight is performed by the BSA team
• Maintains supervisory responsibilities for mentoring, training and coaching BSA staff
• Ensures compliance with labor laws, performance reviews, work schedules and timekeeping reporting
• Assists with managing the Bank’s sanction screening systems as well as the AML Monitoring System and ensure adherence, including system data validation, model management, system calibration and configuration
• Gains knowledge of the company’s BSA/OFAC policy, program, and various desktop procedures to ensure a working knowledge of all segments of the BSA/AML processes within the Bank
• Oversee and perform quality reviews, monitoring and analysis of various regulatory reports (e.g., CTR, SAR ARBP), logs, cases, and transaction data to identify trends, unusual activity, and monitor large currency activity, among other areas of oversight
• Managing, researching and responding to regulatory and supervisory requested information from regulators other government entities; mitigation of any findings/observations
• Maintain a proficient knowledge of all BSA AML OFAC rules and regulations applicable to the Bank at the state and federal level, regularly monitoring and keeping abreast of any changes that may have an impact on the Bank’s BSA AML OFAC program
• Research regulatory issues and respond to compliance questions from personnel, using legal and regulatory reference materials, regulatory agencies, legal counsel, and professional associations and organizations as…