What are the responsibilities and job description for the BSA/AML Officer position at Mbanq?
Department: Compliance
Company Overview
Mbanq is a global Banking-as-a-Service (BaaS) provider enabling financial institutions, fintechs, and consumer brands to launch modern banking products quickly and compliantly. With 150 team members across the globe, we are reshaping the future of banking by combining cutting-edge technology with regulatory expertise.
Position Summary
As the BSA/AML Officer at Mbanq, you will support the ongoing implementation and maintenance of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) program. This role is ideal for an early‑career compliance professional looking to grow in a fast‑paced Banking‑as‑a‑Service environment. You will assist with monitoring activities, reporting, documentation, and cross‑functional coordination to ensure Mbanq and its fintech partners meet applicable regulatory requirements.
Note: This role primarily focuses on U.S. regulatory compliance but may provide input into global AML strategy as needed.
Key Responsibilities
- Assist in monitoring transactions for potential suspicious activity.
- Prepare initial drafts of SARs, CTRs, and other regulatory filings for senior review.
- Support the maintenance and updating of BSA/AML and OFAC policies and procedures.
- Conduct periodic reviews of fintech partner activity and program documentation.
- Help maintain AML systems, including alert reviews and data quality checks.
- Track regulatory developments and summarize key updates for the compliance team.
- Assist with internal and external audit preparation and remediation tasks.
- Support compliance training logistics and documentation.
Qualifications
- Bachelor’s degree in business, finance, law, or a related field.
- 1–3 years of experience in BSA/AML, compliance, banking operations, or fintech.
- Familiarity with U.S. regulatory frameworks including FinCEN, OFAC, and FFIEC.
- Strong analytical skills and attention to detail.
- Excellent written and verbal communication skills.
- Strong analytical skills and a detail-oriented mindset.
- Excellent written and verbal communication skills.
Preferred
- Experience working in a fast-paced, high-growth startup or fintech environment.
- Knowledge of digital banking platforms, embedded finance, or cryptocurrency-related compliance.