Deputy Chief Compliance Officer / Deputy BSA Officer, Builders Bank & Trust

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Deputy Chief Compliance Officer / Deputy BSA Officer, Builders Bank & Trust

Block

Bay Area, CA, United States of America

$163.6k – $245.4k/yr

Posted yesterday

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Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams - People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more - provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

Block is pursuing an OCC charter to form Builders Bank & Trust, a proposed uninsured national trust bank. Builders Bank is being organized to exercise fiduciary powers and conduct trust company operations in accordance with the National Bank Act and 12 CFR Part 9. The bank's core activities will include digital asset custody, safekeeping, and related fiduciary services for its clients.

Key Responsibilities

We are building a compliance program designed to enable Block and support the establishment of Builders Bank. We seek a Deputy Chief Compliance Officer who is builder-focused and can hold the bar to OCC standards without losing the operating tempo that has defined Block since inception. The Deputy Chief Compliance Officer supports the Chief Compliance Officer / BSA-AML (CCO/BSA) Officer in the design, implementation, and ongoing administration of Block Trust Bank's compliance management system and BSA/AML program. This role is dedicated to the trust bank charter team and is responsible for helping the leadership implement compliance architecture to maintain and ensure that the bank maintains an effective, independent, and well-documented compliance function appropriate for a federally chartered national trust bank supervised by the Office of the Comptroller of the Currency (OCC).

The Deputy CCO is a hands-on compliance leader who assists with day-to-day building and execution of the trust bank's compliance program, including BSA/AML controls, OFAC sanctions compliance, customer due diligence, transaction monitoring oversight, regulatory change management, compliance testing, issue remediation, and examination readiness. This role works closely with the CCO, Risk Lead, COO, CFO, CISO, Legal, and relevant first-line teams while maintaining appropriate independence from revenue-generating business activities.

You Will

Support the CCO/BSA Officer in establishing and maintaining the trust bank's Compliance Management System, including policies and procedures, training, monitoring, testing, issue management, and Board reporting

Assist in designing, maintaining, and executing BSA/AML policies, procedures, and internal controls consistent with 31 CFR 1020.210

Support customer identification, customer due diligence, enhanced due diligence, beneficial ownership, and ongoing customer risk rating processes

Oversee day-to-day compliance operations related to transaction monitoring, alert review, case escalation, SAR investigation support, and FinCEN reporting workflows

Support OFAC sanctions screening, sanctions escalation, Travel Rule compliance, and digital asset wallet screening processes

Help implement and tune blockchain analytics tools used for transaction monitoring, wallet screening, typology development, and sanctions risk detection

Develop and maintain digital asset-specific AML typologies, red flags, and escalation procedures for custody and fiduciary activities

Coordinate compliance monitoring and testing activities, including tracking of findings, remediation plans, root-cause analysis, and evidence of closure

Support annual independent BSA/AML audit and compliance testing; help ensure findings are reported, tracked, and remediated

Assist with OCC examination preparation, document production, management responses, and remediation of supervisory findings

Support regulatory change management for applicable banking, fiduciary, BSA/AML, OFAC, Travel Rule, and emerging digital asset requirements

Prepare compliance reporting for the CCO, President & CEO, Board Audit & Risk Committee, and other governance forums

You Have

7+ years in compliance, BSA/AML, financial crimes, or regulatory compliance at a federally supervised financial institution or similarly regulated financial services firm

Strong working knowledge of BSA/AML program requirements, including CIP, CDD/EDD, SAR processes, transaction monitoring, OFAC sanctions screening, and regulatory reporting

Experience supporting compliance programs subject to OCC, Federal Reserve, FDIC, FinCEN, or state banking regulator examination

Familiarity with compliance management systems, compliance testing, issue management, regulatory change management, and Board-level reporting

Experience with digital asset AML risks, blockchain analytics, virtual currency typologies, wallet screening, or Travel Rule compliance

Demonstrated ability to operate independently, escalate issues appropriately, and maintain compliance function independence from business line objectives

Strong written and verbal communication skills, including ability to prepare clear compliance documentation for senior management, auditors, and regulators

Must demonstrate a personal history reflecting responsibility, honesty, and integrity, and satisfy OCC background investigation requirements assessing competence, experience, integrity, and financial ability

Even Better

CAMS certification strongly preferred

Prior experience at a trust company, custody bank, digital asset exchange, or digital asset custody provider

Experience helping build or scale a BSA/AML or compliance program for a de novo bank, trust company, or newly regulated financial institution

Experience with OC