Regional Compliance Officer
International Money Exchange - Intermex Wire Transfer
San Antonio , Texas
- 2024.05
- The Regional Compliance Officer will assist in the administration of the enterprise-wide Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws and regulations
- Contribute to the activities of the Company's AML/BSA Compliance Department Program to include managing the high-risk agents by performing on-site reviews, KYC interviews, AML/BSA training, maintenance of associated documentation, and reporting to senior management
- Select and organize routes visits for high-risk agents (based on agent risk models in accordance with departmental processes and procedures)
- Perform enhanced due diligence (EDD) on agent file information (KYC)
- Review state regulatory requirements and prepare forms and training material
- Visits agent, conduct AML/BSA interview, provide AML/BSA training, and collect KYC documentation as needed
- Record and evaluate results and issue recommendation letters based on onsite findings
- Escalate any alerts or other adverse findings to management
- Document review findings in the appropriate databases including all pertinent facts and information to support result in a timely and efficient manner
- Follows up on agent's recommendations, concerns and issues
- Maintains awareness of regulatory updates and incorporate process and procedural changes into the onsite review process as directed by management.
