BSA / AML Compliance Specialist
Miami, FL
At Majority, we’re building a world where ambition knows no borders and where financial success follows you wherever life takes you. We’ve built a mobile banking platform for ambitious global citizens navigating life across borders that offers a smarter, more accessible financial membership designed to help people manage and grow their money, wherever they’re from and wherever they’re going.
We’re a global team of 30+ nationalities, working with purpose and building for impact. If you’re excited by big challenges and bold ideas, and want to help shape the future of international banking, we’d love to hear from you.
This is an in-person position based out of our Miami office in Wynwood.
The Role:
The BSA/AML Compliance Program Specialist is responsible for leading and strengthening the organization’s Bank Secrecy Act / Anti-Money Laundering compliance program. This role drives end-to-end program governance—policies and procedures, risk assessments, monitoring oversight, issue management, and exam/audit readiness—ensuring controls are effective, documented, and aligned to regulatory and sponsor-bank expectations. This role reports directly to our Head of BSA and will partner closely with Operations, Product, and Risk teams to ensure compliance requirements are implemented in day-to-day processes and sustained through ongoing testing and reporting.
Key Responsibilities:
Program Governance & Regulatory Alignment
- Lead maintenance of core BSA/AML program components (program documentation, risk assessment methodology, control framework, and governance cadence).
- Ensure alignment with applicable requirements and guidance (BSA, USA PATRIOT Act, FinCEN expectations, and OFAC obligations).
- Support sponsor-bank and regulator interactions by preparing program narratives, evidence packages, and responses.
Control Oversight (KYC/CIP, Sanctions, Transaction Monitoring)
- Oversee operational execution and quality of key controls, including:
- KYC/CIP onboarding and periodic refresh (as applicable)
- Watchlist/sanctions screening and escalation handling
- Transaction monitoring workflows, alert disposition standards, and case quality.
Risk Assessment & Program Enhancements
- Lead periodic BSA/AML risk assessments and targeted risk reviews (products, customer segments, geographies/corridors, delivery channels, and third parties).
- Translate risk findings into control enhancements, procedures, training needs, and measurable program improvements.
- Partner with cross-functional teams to implement changes in a controlled, auditable way.
Issue Management & Quality Assurance
- Manage compliance issues from identification through remediation and closure (root cause, corrective action plans, target dates, validation).
- Oversee QA reviews for key processes (case quality, SAR decisioning consistency, escalation handling, sanctions disposition).
- Track outcomes using metrics and reporting (volumes, backlogs, true/false positives, SAR/UAR conversion, SLA adherence, repeat issues).
SAR/UAR Oversight & Reporting
- Lead SAR/UAR governance (thresholds, decisioning standards, approvals, narrative quality expectations, and timeliness).
- Ensure supporting documentation and rationale are complete and audit-ready.
Audit, Testing, and Exam Readiness
- Coordinate BSA/AML audits, internal testing activities, and sponsor-bank validation requests.
- Maintain a “proof of control” approach—ensuring procedures, evidence, and reporting can demonstrate effectiveness.
Stakeholder & Team Leadership
- Serve as a key liaison between Compliance, Operations, Product, and external partners (e.g., sponsor banks, auditors).
- Provide day-to-day leadership and direction to analysts or operational partners, ensuring execution is consistent with program standards.
- Contribute to training content and enablement across teams as processes evolve.
Qualifications:
- 2+ years of work experience in BSA/AML compliance, financial crimes, or bank/fintech compliance (program management preferred).
- Excellent writing and documentation skills (contributing to policies, procedures, program narratives, and audit responses).
- Knowledge of BSA/AML and OFAC fundamentals (CIP, CDD/EDD, monitoring, investigations, SAR governance).
- Experience supporting audits, sponsor bank oversight, and regulatory exams.
- Strong judgment, organization, and ability to manage multiple work-streams and stakeholders.
- Educational Requirements: University degree OR equivalent relevant work experience.
Preferred, but not required
- CAMS (or intent to obtain) or comparable certification.
- Experience in fintech, remittances, high-risk corridors, or multi-product financial services environments.
- Comfort working with dashboards/metrics and partnering with technical teams (no engineering background required).
To apply, please submit your resume via our careers page. Applications will be reviewed on a rolling basis, so early submissions are encouraged.
Majority is an equal opportunity employer and does not discriminate based on race, ethnicity, gender, religion, disability, or any other protected status under applicable law.
