[Remote] Vice President, Head of Financial Crimes & AML/BSA Officer

Note: The job is a remote job and is open to candidates in USA. Quaint Oak Bank is a growing community bank seeking a VP, Head of Financial Crimes & AML/BSA Officer to lead its enterprise financial crimes program. The role involves overseeing compliance with BSA/AML regulations, managing financial crimes risk, and advising executive leadership on risk management and governance.ResponsibilitiesLead the enterprise financial crimes program, including BSA/AML, OFAC, fraud, CDD/EDD, monitoring, investigations, and governanceServe as designated BSA Officer, overseeing daily compliance with BSA/AML, OFAC, and financial crimes regulationsMaintain and enhance a risk-based compliance program aligned with business strategy and risk profileAdvise executive leadership and the Board with independent, risk-based guidance; provide regular reporting on risks, SARs, regulatory changes, and remediationPartner with business teams to evaluate higher-risk or non-traditional relationships and define onboarding controls, monitoring expectations, and risk guardrailsLead fraud risk management strategy, governance, detection, investigations, and cross-functional coordinationOversee BSA/AML and OFAC risk assessments, customer risk rating, onboarding, monitoring, and exit processesManage suspicious activity monitoring, investigations, SAR decisioning/filing, and governanceOversee OFAC/sanctions compliance, including screening, escalation, and blocked/rejected transactionsPartner with IT, operations, business teams, and third-party vendors to ensure systems and data support timely identification, measurement, monitoring, reporting, and management of financial crimes riskLead and manage BSA/AML, OFAC, sanctions, fraud, and financial crimes regulatory examinations, audit reviews, independent testing, and regulatory inquiries, including preparation, response strategy, issue management, validation, and remediation; drive remediation efforts through root cause analysis, corrective action planning, accountability tracking, and reporting to management and the Board; and maintain effective relationships with regulators, auditors, law enforcement, and industry resourcesDevelop, maintain, and implement BSA/AML, OFAC, sanctions, fraud, and financial crimes policies, procedures, and training programsLead and develop the financial crimes team, including performance, staffing, and workflowsMonitor regulatory changes and industry trends; translate into program improvementsSkillsBachelor's degree (or equivalent experience) in a relevant field10+ years of BSA/AML, OFAC, financial crimes, or banking compliance experience; 5+ years in leadershipCAMS (or equivalent) certificationExperience serving as or directly supporting a designated BSA Officer at a federally regulated bankExperience managing BSA/AML and OFAC programs for institutions with innovative or diversified models (e.g., fintech, payments, correspondent banking, cross-border)Strong knowledge of BSA, USA PATRIOT Act, FinCEN, OFAC, FFIEC guidance, SAR/CTR requirements, CDD/EDD, and related regulationsExperience with monitoring/screening systems, model governance, alert/case management, and data qualityProven ability to manage exams, audits, remediation, and regulatory reportingStrong understanding of banking operations, payments, lending, and third-party riskExcellent leadership, communication, judgment, and stakeholder management skillsExperience in community/regional banks with innovative or fintech-driven strategiesExposure to high-scrutiny activities (e.g., fintech partnerships, cross-border, third-party relationships)Experience with correspondent banking, FFIs, and sanctions riskExperience in sponsor-bank/BaaS, payment processors, or MSB relationshipsExperience with regulatory remediation (e.g., MRAs, MRIAs, consent orders)Advanced certifications (e.g., CAMS-Audit, CFE, CRCM, CFCS)BenefitsExcellent opportunities for career growthA team atmosphereA competitive benefits packageCompany OverviewQuaint Oak Bank is a bank that specializes in savings, commercial and investment property lending, mortgage lending, and SBA lending. It was founded in 1926, and is headquartered in Southampton, Pennsylvania, USA, with a workforce of 51-200 employees. Its website is http://quaintoak.com.