Chief Compliance Officer & BSA Officer

About the role

Telcoin Digital Asset Bank (TDAB) is a Nebraska-chartered institution that merges regulated banking with blockchain services, focusing on digital asset custody, stablecoin management, and on-chain payments. The Chief Compliance Officer will be responsible for establishing and overseeing the BSA/AML compliance framework, ensuring adherence to regulations while managing risks associated with digital assets.

The role involves governance of compliance programs, customer due diligence, transaction monitoring, and managing regulatory reporting. The successful candidate will lead a compliance team, build operational models to support business growth, and liaise with senior leadership and the Board to report on compliance metrics and issues.

Skills that matter here

• BSA/AML compliance: This role requires deep knowledge of BSA/AML regulations and the ability to implement compliance programs effectively.
• digital assets: Experience with digital assets is crucial for overseeing compliance in a rapidly evolving financial landscape.
• regulatory examinations: Hands-on experience with regulatory examinations is necessary for managing compliance audits and remediating findings.

Who this role suits

• A seasoned compliance professional with over 8 years of experience in BSA/AML roles.
• Someone who thrives in a dynamic environment and can build compliance functions from the ground up.
• A strategic thinker with proven skills in managing budgets and leading teams through growth phases.

From the employer

Key Responsibilities

• Program ownership and governance
• Update, implement, and maintain a risk-based BSA/AML/CFT and OFAC program covering the five pillars: internal controls, independent testing, a designated BSA Officer, training, and customer due diligence including beneficial ownership.
• Draft and annually refresh BSA/AML and sanctions policies, procedures, and the Board-approved risk appetite.
• Report program status, metrics, and material issues to the Board and senior management at least quarterly.
• Own the enterprise BSA/AML and sanctions risk assessment, including products, customers, geographies, delivery channels, and digital asset types.
• Customer due diligence
• Oversee CIP, KYC, KYB, and enhanced due diligence for retail, institutional, and VASP/counterparty customers.
• Set customer risk-rating methodology and periodic review cycles.
• Approve onboarding of high-risk customers, including other virtual asset service providers, money services businesses, and foreign correspondents.
• Transaction monitoring and blockchain analytics
• Oversee fiat and on-chain transaction monitoring, including blockchain analytics tools (e.g., Chainalysis, Sumsub) for wallet screening, exposure analysis, and tracing.
• Tune scenarios and thresholds; document model validation and above/below-the-line testing.
• Address digital-asset typologies: mixers and privacy tools, darknet markets, ransomware, chain-hopping, bridge exploits, and sanctioned addresses.
• Travel Rule and sanctions
• Implement FinCEN Recordkeeping and Travel Rule compliance and FATF Recommendation 16 for virtual asset transfers, including counterparty VASP due diligence.
• Run OFAC and global sanctions screening of customers, transactions, and wallet addresses (including SDN-listed addresses); manage blocking, rejection, and reporting obligations.
• Investigations and regulatory reporting
• Manage alert and case investigations; make final SAR filing decisions and ensure timely filing and continuing-activity reviews.
• Ensure accurate and timely CTRs, 314(a) responses, 314(b) information sharing, and responses to subpoenas and law enforcement requests.
• Stablecoin and custody controls
• Establish AML controls for stablecoin issuance, redemption, reserves-related flows, and freeze/blacklist capabilities in coordination with Legal and Engineering.
• Ensure custody and wallet-management processes meet recordkeeping and monitoring requirements.
• Exams, audits, and training
• Serve as primary contact for BSA/AML portions of regulatory examinations and independent audits; own remediation of findings.
• Deliver role-based BSA/AML training for the Board, employees, and contractors, with tailored digital asset content.
• Evaluate and oversee third-party compliance vendors and partner-bank or program-manager arrangements.
• Team leadership and scaling
• Build, staff, and lead the financial crimes compliance team; set QA standards and KPIs.
• Design a compliance operating model that grows with the business, and plan staffing, tooling, and process needs ahead of growth in customers, transaction volumes, products, and jurisdictions.
• Develop talent through clear career paths, succession planning and ongoing professional development.
• Partner with Product and Engineering to embed compliance controls into new products before launch.
• Budget and financial management
• Own the compliance function’s P&L and annual budget, covering headcount, technology, blockchain analytics and screening vendors, independent testing, and training.
• Build business cases for compliance investment, with cost, benefit, and risk-reduction analysis, and present them to senior management and the Board.
• Track compliance unit costs, such as cost per onboarded customer and per investigated alert, and find efficiencies as volumes grow.
• Work with Finance and business leaders to reflect compliance costs and risks in product pricing, new-market entry, and partnership decisions.
• Negotiate and manage vendor contracts to get value while meeting regulatory standards.

Requirements

• Bachelor’s degree in finance, criminal justice, law, business or a related field.
• 8+ years of BSA/AML compliance experience at a bank, trust company or regulated money transmitter, including 3+ years as a BSA Officer, deputy or program lead.
• 2+ years of direct experience with digital assets, virtual currency or a VASP/crypto exchange.
• Hands-on experience leading regulatory examinations and remediating findings.
• Proven SAR decisioning and investigation management experience.
• Working knowledge of the BSA, USA PATRIOT Act, AML Act of 2020, FinCEN CDD Rule, OFAC regulations and FATF virtual asset guidance.
• A proven track record of building or scaling a compliance function through significant growth, including owning a departmental budget.
• One or more certifications: CAMS, CAMS-FCI, CRCM or CFE.
• Authorized to work in the United States.

What We Offer

• An executive leadership role at a pioneering digital asset bank.
• The opportunity to build the Bank’s compliance function from the ground up and shape its risk culture.
• Direct access to the Board and senior leadership.
• Exposure to innovative blockchain and payment technologies.