BSA/AML Compliance Officer

About OliBank
OliBank's mission is to make managing finances as easy as possible. Our vision is an evenly distributed, global, digital-first financial system that levels the playing field.
Our values: Sense of Urgency, Customer Obsession, Pride in Craftsmanship.
How we work: •Culture eats strategy — everyone owns it, everyone can be held accountable to it. •Culture of ownership — keep the bar high, own decisions, correct and learn. •Long-term results over short-term wins — with urgency. •Build great systems, make the complex simple, use forcing functions. •Obsess over the details (culture, customers, product, process, data). •Bias for action, be bold, disagree-and-commit, end with the positive — and mistakes have consequences. There is always room for improvement.
Compliance at OliBank is not a back office. It is how we earn the right to move money globally. This role owns that.
The role Designated BSA/AML Officer. You own a risk-based BSA/AML/OFAC compliance program that satisfies FinCEN, OFAC, and OCIF expectations for a FinCEN-registered MSB operating with a Puerto Rico IFE — including SAR decisioning authority, FinCEN 314(a) handling, sanctions screening governance, and Board reporting.
Main responsibilities
BSA/AML program ownership •Own and maintain the risk-based BSA/AML compliance program (CIP/KYB/KYC, beneficial ownership, EDD, ongoing monitoring, recordkeeping) across the MSB and bank programs, with clear capacity-split documentation for each decision. •Serve as designated BSA Officer with authority for SAR determinations, SAR filing clocks (31 CFR 1020.320), continuing-activity reviews, confidentiality/no-tipping, and 314(a) searches (14-day window, no-hit logs, no disclosure to subjects). •Report directly to the Board on program health, trends, and deficiencies — trends and metrics, never case-file detail in minutes. Sanctions & screening •Govern sanctions screening: direct OFAC SLS ingestion/reconciliation, ITA CSL / EU / UK sources, OFAC 50 Percent...