Key Responsibilities
- Oversee and lead the implementation and maintenance of compliance programs to ensure adherence to regulatory requirements related to the Bank Secrecy Act (BSP), anti-money laundering (AML), and data privacy laws (GDPR, CCPA, etc.).
- Conduct regular risk assessments to identify potential vulnerabilities and ensure compliance with applicable laws and regulations.
- Monitor and ensure adherence to anti-money laundering (AML) regulations, including the filing of suspicious activity reports (SARs), transaction monitoring, and Know Your Customer (KYC) processes.
- Oversee data privacy and security protocols, ensuring personal and sensitive data is managed in compliance with applicable privacy laws and internal policies.
- Lead internal investigations and audits to identify compliance gaps, recommending corrective actions and implementing improvements where necessary.
- Prepare and submit compliance reports to senior management, regulatory bodies, and other stakeholders, ensuring accuracy and timeliness.
- Stay up-to-date with the latest trends, regulatory changes, and best practices related to BSP, data privacy, and other relevant compliance areas.
Qualifications
- Proven experience as a Compliance Officer, with a focus on BSP (Bank Secrecy Act), AML, and data privacy regulations.
- Extensive knowledge of data privacy laws and regulations such as GDPR, CCPA, and other applicable regional or international standards.
- In-depth knowledge of data protection requirements, including handling of sensitive personal data, data retention policies, and data breach response procedures.
- Excellent communication and interpersonal skills, with the ability to effectively present compliance matters to senior leadership and regulatory bodies.
- Strong analytical and problem-solving skills, with a keen eye for identifying risks and proposing effective solutions.