Chief Compliance Officer & BSA Officer (TDAB)

Norfolk, Nebraska - Flexible (remote, hybrid or on-site) ·Posted 3d ago

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Chief Compliance Officer & BSA Officer Location: Norfolk, Nebraska - Flexible (remote, hybrid or on-site) Company: Telcoin Digital Asset Bank (TDAB) About Telcoin Digital Asset Bank Telcoin Digital Asset Bank (TDAB) is a Nebraska-chartered digital asset depository institution that brings regulated banking and blockchain-based financial services together, including digital asset custody, stablecoin issuance and redemption, and on-chain payments. As we build out the Bank’s operations, we are looking for an experienced compliance leader to establish and scale a strong, risk-based financial crimes compliance program. The Role We are looking for a Chief Compliance Officer who will also serve as the Board-designated BSA Officer. The successful candidate will own the Bank’s BSA/AML, counter-terrorist financing and OFAC sanctions compliance program across both fiat and digital asset activity. This senior leadership role reports to the Board Risk/Audit Committee. It is the Bank’s primary BSA/AML contact for the state banking regulator, FinCEN, OFAC and federal partners. Key Responsibilities Program ownership and governance <ul> <li>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.</li> <li>Draft and annually refresh BSA/AML and sanctions policies, procedures, and the Board-approved risk appetite.</li> <li>Report program status, metrics, and material issues to the Board and senior management at least quarterly.</li> <li>Own the enterprise BSA/AML and sanctions risk assessment, including products, customers, geographies, delivery channels, and digital asset types.</li> </ul> Customer due diligence <ul> <li>Oversee CIP, KYC, KYB, and enhanced due diligence for retail, institutional, and VASP/counterparty customers.</li> <li>Set customer risk-rating methodology and periodic review cycles.</li> <li>Approve onboarding of high-risk customers, including other virtual asset service providers, money services businesses, and foreign correspondents.</li> </ul> Transaction monitoring and blockchain analytics <ul> <li>Oversee fiat and on-chain transaction monitoring, including blockchain analytics tools (e.g., Chainalysis, Sumsub) for wallet screening, exposure analysis, and tracing.</li> <li>Tune scenarios and thresholds; document model validation and above/below-the-line testing.</li> <li>Address digital-asset typologies: mixers and privacy tools, darknet markets, ransomware, chain-hopping, bridge exploits, and sanctioned addresses.</li> </ul> Travel Rule and sanctions <ul> <li>Implement FinCEN Recordkeeping and Travel Rule compliance and FATF Recommendation 16 for virtual asset transfers, including counterparty VASP due diligence.</li> <li>Run OFAC and global sanctions screening of customers, transactions, and wallet addresses (including SDN-listed addresses); manage blocking, rejection, and reporting obligations.</li> </ul> Investigations and regulatory reporting <ul> <li>Manage alert and case investigations; make final SAR filing decisions and ensure timely filing and continuing-activity reviews.</li> <li>Ensure accurate and timely CTRs, 314(a) responses, 314(b) information sharing, and responses to subpoenas and law enforcement requests.</li> </ul> Stablecoin and custody controls <ul> <li>Establish AML controls for stablecoin issuance, redemption, reserves-related flows, and freeze/blacklist capabilities in coordination with Legal and Engineering.</li> <li>Ensure custody and wallet-management processes meet recordkeeping and monitoring requirements.</li> </ul> Exams, audits, and training <ul> <li>Serve as primary contact for BSA/AML portions of regulatory examinations and independent audits; own remediation of findings.</li> <li>Deliver role-based BSA/AML training for the Board, employees, and contractors, with tailored digital asset content.</li> <li>Evaluate and oversee third-party compliance vendors and partner-bank or program-manager arrangements.</li> </ul> Team leadership and scaling <ul> <li>Build, staff, and lead the financial crimes compliance team; set QA standards and KPIs.</li> <li>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.</li> <li>Develop talent through clear career paths, succession planning and ongoing professional development.</li> <li>Partner with Product and Engineering to embed compliance controls into new products before launch.</li> </ul> Budget and financial management <ul> <li>Own the compliance function’s P&L and annual budget, covering headcount, technology, blockchain analytics and screening vendors, independent testing, and training.</li> <li>Build business cases for compliance investment, with cost, benefit, and risk-reduction analysis, and present them to senior management and the Board.</li> <li>Track compliance unit costs, such as cost per onboarded customer and per investigated alert, and find efficiencies as volumes grow.</li> <li>Work with Finance and business leaders to reflect compliance costs and risks in product pricing, new-market entry, and partnership decisions.</li> <li>Negotiate and manage vendor contracts to get value while meeting regulatory standards.</li> </ul> Requirements <ul> <li>Bachelor’s degree in finance, criminal justice, law, business or a related field.</li> <li>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.</li> <li>2+ years of direct experience with digital assets, virtual currency or a VASP/crypto exchange.</li> <li>Hands-on experience leading regulatory examinations and remediating findings.</li> <li>Proven SAR decisioning and investigation management experience.</li> <li>Working knowledge of the BSA, USA PATRIOT Act, AML Act of 2020, FinCEN CDD Rule, OFAC regulations and FATF virtual asset guidance.</li> <li>A proven track record of building or scaling a compliance function through significant growth, including owning a departmental budget.</li> <li>One or more certifications: CAMS, CAMS-FCI, CRCM or CFE.</li> <li>Authorized to work in the United States.</li> </ul> Preferred Qualifications <ul> <li>Advanced digital asset AML certification (e.g., CCAS, CCI, or Chainalysis/TRM investigator certification).</li> <li>Experience at a de novo bank, with a charter application, or with state trust or digital asset charters.</li> <li>Experience with stablecoin programs, including issuer-side controls.</li> <li>JD, MBA or other advanced degree.</li> <li>Familiarity with smart contracts, wallet architecture and on-chain data analysis (e.g., SQL against blockchain data).</li> </ul> What We Offer <ul> <li>An executive leadership role at a pioneering digital asset bank.</li> <li>The opportunity to build the Bank’s compliance function from the ground up and shape its risk culture.</li> <li>Direct access to the Board and senior leadership.</li> <li>Exposure to innovative blockchain and payment technologies.</li> </ul> Apply If you are an experienced BSA/AML leader who wants to build a compliance program for the next generation of banking, we would be pleased to hear from you. Please submit your CV and a brief cover letter outlining your experience in BSA/AML compliance, digital assets and compliance leadership.

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