BSA / AML / OFAC Compliance Auditor III

BSA / AML / OFAC Compliance Auditor III

Independently plans and executes complex, risk-based audits with a primary focus on BSA / AML, sanctions (OFAC), and Partner Solutions (embedded finance / "BaaS"). The role applies deep financial-crimes and partner-oversight expertise to assess governance, risk management, and control effectiveness across Pathward's products, services, and third-party ecosystems. Leveraging sound judgment, data-driven analysis, and plain-language storytelling, this position develops actionable insights, influences senior stakeholders, and drives continuous improvement, while adhering to the IIA Standards and Pathward's Internal Audit methodology, and expectations from regulatory bodies such as the OCC and FinCEN.

While the core emphasis is on financial-crimes and partner-banking risks, this position will also lead audits in adjacent domains (e.g., operations, payments and money movement, consumer compliance) as business needs dictate. The ideal candidate thrives in ambiguity, navigates complex business models and technology stacks, and communicates with clarity and empathy to build trust and deliver high-quality outcomes. Experience engaging with regulatory bodies is highly valued.

What You Will Do :

• Plan and lead end-to-end, risk-based audits (planning, fieldwork, reporting, and follow-up).
• Set clear objectives / scope / criteria; identify key risks and controls; tailor procedures to business model and risk profile; deliver on time with high quality.
• Evaluate BSA / AML program pillars, governance and oversight, risk assessments, internal controls, policies and standards, training, and monitoring / quality assurance.
• Test financial-crimes processes : CIP / KYC / CDD / EDD, customer risk rating, watchlist screening, transaction monitoring, investigations, SAR / CTR obligations, model validation and coverage, and recordkeeping across platforms and partners.
• Assess sanctions (OFAC) compliance : governance, interdiction, alert handling, escalation, and intersections across payments and money-movement rails.
• Audit Partner Solutions (BaaS) and related third-party oversight including BSA / AML and OFAC compliance across the partner lifecycle : due diligence, onboarding, ongoing monitoring, change management, issue management, and termination.
• Review BSA / AML and OFAC third-party risk classification, oversight practices, and compliance reporting for sufficiency, accuracy, and decision usefulness.
• Use data analytics, where possible, to profile population risk, select samples, and detect anomalies across screening, monitoring, disputes, and partner portfolios.
• Evaluate enterprise interdependencies affecting BSA / AML and OFAC by testing data from source to report, testing ownership and SLAs at handoffs, and identifying gaps so processes are reliable, well-controlled, and decision-useful.
• Assess rules / models / scenarios and data pipelines : change control, documentation, performance monitoring / back-testing, and data lineage / integrity supporting BSA / AML and OFAC.
• Produce clear, evidence-based findings with root-cause analysis, business impact, and prioritized action plans; challenge management responses and validate remediation (including regulatory items) for sustained effectiveness.
• Engage stakeholders constructively (business leaders, Compliance, Risk, Technology); present concise, executive-ready narratives / visuals; escalate emerging risks promptly and tailor messaging to audiences (working groups, executives, committees).
• Lead non-financial-crimes audits as needed (e.g., payments and money movement (ACH / wires / RTP)), consumer compliance, third-party risk management, and model riskapplying the same risk-based methodology and clear, audience-tailored reporting.
• Coordinate co-sourced providers, ensuring adherence to methodology, templates, workpaper quality, and delivery timelines.
• Support annual risk assessment and audit planning with insights on regulatory themes, partner risks, product / technology changes, and data / controls maturity.
• Exemplify ethics and judgment : integrity, objectivity, confidentiality, and sound judgment under uncertainty / complexity.
• Demonstrate strong interpersonal effectiveness : active listening, constructive feedback, patience and perseverance, collaborative relationships, compassion and respect, customer focus, and disciplined planning to achieve audit goals.
• Stay abreast of emerging issues involving internal audit, changes to federal and state banking laws, and evolving laws and regulations that could impact the organization, particularly with BSA / AML and sanctions, BaaS, third party risk, prepaid products and / or deposit products, consumer payment applications / wallets, and / or digital or electronic payments processing / processors.
• Assist in the development of less-experienced staff through the review of audit work papers and timely feedback.
• Other duties as assigned.

What You Will Need :

The responsibilities listed above are not all inclusive and may be changed at any time.