Corporate compliance officer vs bsa/aml compliance officer

Differences between corporate compliance officer and bsa/aml compliance officer duties and responsibilities

Corporate compliance officer example responsibilities.

• Manage successful litigation, arbitration and mediation proceedings, including commercial disputes, product liability, employment and intellectual property.
• Develop and maintain corporate training program for AML and BSA.
• Interpret laws, rules and regulations relate to Medicare, Medicaid, HIPAA and HITECH.
• Advise business partners and senior managers on OFAC, AML, and BSA compliance strategies.
• Direct oversight of facility-base quality, compliance and risk management directors.
• Provide information and training within region regarding ethics and compliance policies.
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Bsa/aml compliance officer example responsibilities.

• Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
• Conduct and verify that OFAC rules and regulations are apply and follow for assets from target foreign countries and individuals.
• Identify all transactions in OTC equity securities and ascertain that every recommendation to customers meet suitability standards via exclusion or exemption.
• Create policies, procedures, and train bank staff regarding HMDA reporting.
• Complete suspicious activity reports (SARs) to notify FinCEN of suspect incidents of money laundering or fraud.