Compliance Officer, BSAAML & Fraud
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Job Location:
Monthly Salary:
Posted on:
13 hours ago
Vacancies:
1 Vacancy
Job Summary
About Us
At Finance of America we help homeowners unlock the joy that comes from realizing the full potential of their retirement. Many people have significant wealth tied up in their homes and want to use it meaningfully in their next chapter. Our uniquerange of reverse mortgages allow homeowners 55 to access that wealth while maintaining control over their home and financial future. With options tailored to their unique goals we provide the financial flexibility they need to move forward with confidence.
Finance of America is guided by five values: We are customer obsessed they are why we exist. We raise the bar. We take extreme ownership. We practice genuine collaboration. And we unleash our excellence. Together we are actualizing our vision to be the most beloved brand for homeowners in their next chapter.
Purpose of Role
Responsible for supporting the organizations Bank Secrecy Act (BSA) Anti-Money Laundering (AML) and Fraud Risk Management programs. Performs monitoring investigations reporting and control testing to ensure compliance with applicable laws and internal policies. Collaborates with operational teams risk partners and management to identify potential risks implement effective controls and support a strong compliance culture across the enterprise.
Key Responsibilities and Expectations
- Conducts daily weekly and monthly BSA/AML monitoring activities including transaction reviews alert clearing customer due diligence and enhanced due diligence assessments.
- Performs investigations into unusual or potentially suspicious activity and prepare well-documented case files.
- Assists in preparing and filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required.
- Supports ongoing refinement of customer risk ratings KYC/CIP processes and AML system rules.
- Monitors investigates and documents suspected fraud activity across applicable business lines.
- Partners with business units to recommend improvements to fraud prevention controls customer authentication processes and detection tools.
- Maintains detailed investigation records and escalate significant findings to management.
- Conducts periodic reviews and testing of BSA/AML and Fraud controls to assess effectiveness and identify gaps.
- Supports preparation of internal dashboards regulatory reports and management reporting.
- Assists with audits and regulatory examinations by gathering required documentation and responding to inquiries.
- Contributes to the annual BSA/AML and Fraud Risk Assessments by gathering data documenting controls and identifying emerging risks.
- Performs other duties as assigned.
Reports To
- Director Issue Management & Compliance Monitoring
Qualifications - Experience/Skills/Competencies
- Minimum 3 years of related experience in in BSA/AML fraud investigations or compliance roles within financial services lending or banking.
- Strong understanding of BSA AML USA PATRIOT Act OFAC and fraud-related regulatory requirements.
- Investigative mindset with strong analytical writing and documentation skills.
- Experience working with AML or fraud monitoring systems and case management tools.
- Ability to manage multiple priorities in a fast-paced environment.
- Knowledge of the mortgage lending process and related legal and regulatory requirements.
- Interpersonal oral and written communication skills.
- Research analytical and problem-solving skills.
- Experience with Loan Origination Systems (LOS) (e.g. Encompass Reverse Vision etc.).
- Proficiency in MS Office Suite.
Qualifications - Education - Required
- Bachelors Degree
Qualifications - Education - Preferred
- Relevant certifications such as CAMS CFE or CAFP.
Compensation
The base salary range for this position is ($110000 - $145000) inclusive of all geographical differences in the labor market. The base salary for the position will be determined based on factors such as the candidates work location skills education and addition to those factors we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer. We offer a competitive benefits package including health dental vision life insurance paid time-off benefits flexible spending account 401(k) with employer match and ESPP.
Additional Information
The application deadline for the job opportunity is 2/23/2026.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
Finance of America is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color sex (including pregnancy) sexual orientation religion creed age national origin physical or mental disability gender identity and/or expression marital status veteran status or other characteristics protected by law.
Required Experience:
Unclear Seniority
Key Skills
- Compliance Management
- Risk Management
- Financial Services
- PCI
- Banking
- Cost Accounting Standards
- Quality Systems
- Research Experience
- NIST Standards
- Securities Law
- SOX
- ISO 27000
