Senior Compliance Manager
Job DescriptionSenior Compliance Manager – BSA/AML/OFAC
Location: San Juan, Puerto Rico
Type: Full-time
Language Requirement: Fluent in English and Spanish
Search Conducted by: GRC Executive – Leading Executive Search Firm in Puerto Rico
About the Role
GRC Executive is conducting a search on behalf of a financial institution for an experienced Senior Compliance Manager to play a key leadership role within its compliance function.
This position will be responsible for overseeing and strengthening key components of the organization’s BSA/AML/OFAC compliance program, including transaction monitoring, investigations, customer risk management, regulatory controls, and compliance monitoring.
The ideal candidate combines strong technical compliance expertise with the ability to lead initiatives, identify regulatory risk, improve processes and controls, and work closely with senior management to maintain a strong compliance framework.
Key Responsibilities
- Oversee key components of the organization’s BSA/AML/OFAC compliance program and monitoring activities.
- Provide leadership and guidance on transaction monitoring, investigations, customer due diligence, enhanced due diligence, and high-risk customer reviews.
- Review complex or escalated cases involving potentially suspicious activity and provide guidance regarding further investigation and potential SAR escalation.
- Oversee OFAC, PEP, negative news, sanctions, subpoenas, 314(a) requests, and other regulatory or legal compliance matters.
- Evaluate existing compliance policies, procedures, systems, and internal controls and recommend improvements where appropriate.
- Identify compliance gaps and regulatory risks and develop appropriate remediation and corrective-action plans.
- Support the development, implementation, and enhancement of compliance monitoring systems and controls.
- Monitor regulatory developments and ensure policies, procedures, and business practices remain aligned with applicable requirements.
- Assist with regulatory examinations, internal audits, external audits, and compliance testing.
- Maintain appropriate documentation and reporting to support regulatory and audit requirements.
- Partner with the Chief Compliance Officer and senior leadership on compliance matters, risk assessments, and regulatory initiatives.
- Provide guidance, coaching, and oversight to compliance team members and help establish consistent standards across the function.
- Collaborate with operations, technology, risk, legal, and other business areas to ensure compliance requirements are incorporated into business processes.
Requirements
- 5+ years of progressive experience in BSA/AML, OFAC, financial crimes compliance, or related regulatory compliance within the financial services industry.
- Prior experience in a managerial, supervisory, team lead, or senior-level compliance capacity strongly preferred.
- Bachelor’s degree in Business, Finance, Accounting, Criminal Justice, or a related field, or equivalent relevant experience.
- Strong working knowledge of BSA/AML, OFAC, KYC/CDD/EDD, transaction monitoring, investigations, and SAR processes.
- Experience supporting regulatory examinations, audits, compliance testing, or remediation initiatives.
- Strong analytical, investigative, and problem-solving skills.
- Ability to identify regulatory and operational risks and translate them into practical controls and solutions.
- Strong leadership, communication, and organizational skills.
- Ability to manage multiple priorities and work effectively in a fast-paced environment.
- Fluent English and Spanish required.
- Experience with fintech, digital banking, payments, blockchain, or cryptocurrency environments is a plus.
- Professional certifications such as CAMS, CRCM, CFE, or similar compliance credentials are a plus.
The Opportunity
This is an opportunity for an experienced compliance professional to step into a highly visible role with meaningful responsibility for the continued development and effectiveness of a financial institution’s compliance program.
The position offers exposure to senior leadership and the opportunity to influence compliance strategy, strengthen regulatory controls, and help build scalable processes as the organization continues to evolve.
Interested candidates are encouraged to apply through GRC Executive. All inquiries will be handled confidentially.
Senior Compliance Manager – BSA/AML/OFAC
Location: San Juan, Puerto Rico
Type: Full-time
Language Requirement: Fluent in English and Spanish
Search Conducted by: GRC Executive – Leading Executive Search Firm in Puerto Rico
About the Role
GRC Executive is conducting a search on behalf of a financial institution for an experienced Senior Compliance Manager to play a key leadership role within its compliance function.
This position will be responsible for overseeing and strengthening key components of the organization’s BSA/AML/OFAC compliance program, including transaction monitoring, investigations, customer risk management, regulatory controls, and compliance monitoring.
The ideal candidate combines strong technical compliance expertise with the ability to lead initiatives, identify regulatory risk, improve processes and controls, and work closely with senior management to maintain a strong compliance framework.
Key Responsibilities
- Oversee key components of the organization’s BSA/AML/OFAC compliance program and monitoring activities.
- Provide leadership and guidance on transaction monitoring, investigations, customer due diligence, enhanced due diligence, and high-risk customer reviews.
- Review complex or escalated cases involving potentially suspicious activity and provide guidance regarding further investigation and potential SAR escalation.
- Oversee OFAC, PEP, negative news, sanctions, subpoenas, 314(a) requests, and other regulatory or legal compliance matters.
- Evaluate existing compliance policies, procedures, systems, and internal controls and recommend improvements where appropriate.
- Identify compliance gaps and regulatory risks and develop appropriate remediation and corrective-action plans.
- Support the development, implementation, and enhancement of compliance monitoring systems and controls.
- Monitor regulatory developments and ensure policies, procedures, and business practices remain aligned with applicable requirements.
- Assist with regulatory examinations, internal audits, external audits, and compliance testing.
- Maintain appropriate documentation and reporting to support regulatory and audit requirements.
- Partner with the Chief Compliance Officer and senior leadership on compliance matters, risk assessments, and regulatory initiatives.
- Provide guidance, coaching, and oversight to compliance team members and help establish consistent standards across the function.
- Collaborate with operations, technology, risk, legal, and other business areas to ensure compliance requirements are incorporated into business processes.
Requirements
- 5+ years of progressive experience in BSA/AML, OFAC, financial crimes compliance, or related regulatory compliance within the financial services industry.
- Prior experience in a managerial, supervisory, team lead, or senior-level compliance capacity strongly preferred.
- Bachelor’s degree in Business, Finance, Accounting, Criminal Justice, or a related field, or equivalent relevant experience.
- Strong working knowledge of BSA/AML, OFAC, KYC/CDD/EDD, transaction monitoring, investigations, and SAR processes.
- Experience supporting regulatory examinations, audits, compliance testing, or remediation initiatives.
- Strong analytical, investigative, and problem-solving skills.
- Ability to identify regulatory and operational risks and translate them into practical controls and solutions.
- Strong leadership, communication, and organizational skills.
- Ability to manage multiple priorities and work effectively in a fast-paced environment.
- Fluent English and Spanish required.
- Experience with fintech, digital banking, payments, blockchain, or cryptocurrency environments is a plus.
- Professional certifications such as CAMS, CRCM, CFE, or similar compliance credentials are a plus.
The Opportunity
This is an opportunity for an experienced compliance professional to step into a highly visible role with meaningful responsibility for the continued development and effectiveness of a financial institution’s compliance program.
The position offers exposure to senior leadership and the opportunity to influence compliance strategy, strengthen regulatory controls, and help build scalable processes as the organization continues to evolve.
Interested candidates are encouraged to apply through GRC Executive. All inquiries will be handled confidentially.