Compliance Officer, BSA/AML & Fraud
About Us
Finance of America helps homeowners 55+ access the equity they’ve built while staying in full control of their home and their financial future. Through a range of reverse mortgage solutions, we help customers shape the retirement they’ve earned while continuing to evolve how we serve and work together. Joining Finance of America now means stepping into a period of momentum and growth, with teams actively shaping what comes next and opportunities to make an impact and grow your career. To learn more about us, visit www.financeofamerica.com Purpose of Role Responsible for supporting the organization’s Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Fraud Risk Management programs. Performs monitoring, investigations, reporting, and control testing to ensure compliance with applicable laws and internal policies. Collaborates with operational teams, risk partners, and management to identify potential risks, implement effective controls, and support a strong compliance culture across the enterprise. Key Responsibilities and Expectations
- Conducts daily, weekly, and monthly BSA/AML monitoring activities, including transaction reviews, alert clearing, customer due diligence, and enhanced due diligence assessments.
- Performs investigations into unusual or potentially suspicious activity and prepare well-documented case files.
- Assists in preparing and filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required.
- Supports ongoing refinement of customer risk ratings, KYC/CIP processes, and AML system rules.
- Monitors, investigates, and documents suspected fraud activity across applicable business lines.
- Partners with business units to recommend improvements to fraud prevention controls, customer authentication processes, and detection tools.
- Maintains detailed investigation records and escalate significant findings to management.
- Conducts periodic reviews and testing of BSA/AML and Fraud controls to assess effectiveness and identify gaps.
- Supports preparation of internal dashboards, regulatory reports, and management reporting.
- Assists with audits and regulatory examinations by gathering required documentation and responding to inquiries.
- Contributes to the annual BSA/AML and Fraud Risk Assessments by gathering data, documenting controls, and identifying emerging risks.
- Performs other duties as assigned.
Reports To
- Director, Issue Management & Compliance Monitoring
Qualifications - Experience/Skills/Competencies
- Minimum 3 years of related experience in in BSA/AML, fraud investigations, or compliance roles within financial services, lending, or banking.
- Strong understanding of BSA, AML, USA PATRIOT Act, OFAC, and fraud-related regulatory requirements.
- Investigative mindset with strong analytical, writing, and documentation skills.
- Experience working with AML or fraud monitoring systems and case management tools.
- Ability to manage multiple priorities in a fast-paced environment.
- Knowledge of the mortgage lending process and related legal and regulatory requirements.
- Interpersonal, oral, and written communication skills.
- Research, analytical, and problem-solving skills.
- Experience with Loan Origination Systems (LOS) (e.g. Encompass, Reverse Vision, etc.).
- Proficiency in MS Office Suite.
Qualifications - Education - Required
- Bachelor's Degree
Qualifications - Education - Preferred
- Relevant certifications such as CAMS, CFE, or CAFP.
Compensation
The base salary range for this position is ($110,000 - $145,000) inclusive of all geographical differences in the labor market. The base salary for the position will be determined based on factors such as the candidate’s work location, skills, education, and experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer. We offer a competitive benefits package including health, dental, vision, life insurance, paid time-off benefits, flexible spending account, 401(k) with employer match, and ESPP. Additional Information The application deadline for the job opportunity is 2/23/2026. The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. Finance of America is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex (including pregnancy), sexual orientation, religion, creed, age, national origin, physical or mental disability, gender identity and/or expression, marital status, veteran status or other characteristics protected by law. Apply tot his job Apply To this Job