Job Description:
ABOUT US
The company is a dynamic blend of banking and technology. We are dedicated to not just assisting individuals with their banking needs but also revolutionizing how banking technology empowers and serves EVERYONE. At the company, we operate with an entrepreneurial spirit, always evolving and consistently striving for improvement. We foster a culture of caring, where we work hard, play hard, and support each other's growth. If you're someone who thrives on innovation, enjoys helping others succeed, thinks outside the box, and believes in collective success, you'll find your place here.
WHAT YOU'LL DO AT our company
As the Financial Crimes AML Process Manager, you will play a crucial role in supporting the core pillars of our Financial Crimes AML program, including transaction monitoring, OFAC Sanctions screening, and regulatory reporting. You will delve deep into our systems, technology, data, and processes, becoming an expert over time. Acting as a liaison between various business teams, you'll bridge interactions with our Technology and Engineering teams to understand requirements and facilitate enhancements involving data analysis, mapping, and application/solution configurations. Additionally, you'll contribute to visual dashboard design, functionality, testing, and support internal and external audit, regulatory exams, or model validation activities as needed. This position also involves collaborating with Financial Crime Compliance and Technology leadership in decision-making and strategic planning processes.
Requirements:
HOW YOU'LL DO IT
Deliver internal service in alignment with the company 's Core Values.
Analyze substantial volumes of data from diverse internal and external sources to determine how it can be leveraged across different aspects of the Financial Crimes program.
Collaborate with cross-functional teams, including product, engineering, and data science, to design processes and enhance existing tools, processes, and models related to Financial Crimes.
Interpret historical financial, operational, and transactional data.
Utilize AML systems for tasks such as data mapping, profiling, system tuning, and optimization.
Document and oversee projects related to threshold tuning, scenario design, and detection methodologies.
Manage and/or contribute to project planning, engagement administration, budget management, and the successful completion of engagement workstreams.
Prepare internal, client-facing, or executive-level status updates regarding team performance, incorporating relevant key performance indicators, and provide context to the reporting data.
Work with transaction monitoring solutions, OFAC/Sanctions, and screening programs.
Adhere to AML policies and procedures, and conduct AML and OFAC risk assessments.
Apply regulatory requirements within a business environment, demonstrating an analytical mindset and creative problem-solving abilities.
Ensure an internal control environment that effectively mitigates risks associated with laws and regulations.
Possess in-depth knowledge of AML/BSA and OFAC laws and regulations and apply them effectively in a banking/financial services environment.
Have a solid understanding of customer onboarding procedures, including CIP, CDD, EDD, and Customer Risk Rating.
Understand Financial Crimes Compliance functions such as OFAC Sanctions, Anti-Money Laundering, KYC, CDD, EDD, and/or Investigations.
Demonstrate strong understanding of payments (ACH, wire, check, Real-time) or general transaction processing.
Perform ad-hoc analysis in real-time using SQL queries.
Organize, analyze, and interpret data to explain complex irregularities or trends.
Develop, create, and improve systems, structures, and processes.
Maintain strict confidentiality requirements.
Possess strong analytical skills and resolve complex problems with minimal guidance.
Pay attention to detail and accuracy.
Manage multiple tasks/projects and deadlines simultaneously.
Demonstrate self-initiative and require little to no prompting from supervisors.
Have strong verbal and written communication skills.
Conduct thorough research from all available sources.
QUALIFICATIONS
Develop and/or enhance AML operating processes to achieve high levels of effectiveness.
Experience and proficiency with Databricks, Python, SQL, and Alteryx is preferred.
Experience with software vendors or solutions that service Financial Crimes programs or areas of focus is advantageous.
EDUCATION & EXPERIENCE
Bachelor's degree preferred or 5-8 years of relevant experience with leadership responsibilities.
5-8 years of previous banking experience, with a significant emphasis on anti-money laundering compliance, consumer compliance, audit, or bank operations.
3-5 years of experience in managing others, with a strong background in managing AML investigations or BSA/AML program management.
ACAMs, CFE, or equivalent certification, or willingness to obtain certification.
Advanced knowledge of the Bank Secrecy Act, USA PATRIOT Act, and Office of Foreign Assets Control requirements.
HOW YOU'LL THRIVE AT our company
Be the Best - Communicate effectively, pay close attention to detail, and prioritize your personal development.
Be Relentless - Thrive in a goal-oriented environment, exercising both patience and persistence. Advocate for our customers and team members and promote the Coastal Difference.
Be Un-Bankey - Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust.
Embrace Gray Thinking - Use sound judgment while decision-making and problem-solving. Think outside the box.
Stay Flexible - Organize and strategize effectively while always being prepared to adapt on the fly. Seek efficiencies for the company to work smarter, not harder.
Take Care of Each Other - Understand what it means to be a true team player and have your teammate's back. Practice self-awareness and build your emotional intelligence.
BEING YOU AT our company
The company is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We are also committed to compliance with all fair employment practices.
PHYSICAL DEMANDS
The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee must:
have the ability to sit for extended periods of time.
have the ability to stand for extended periods of time.
have the ability to perform repetitive finger, hand, and arm movement.
have the ability to use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc.
view and read computer screens for extended periods.
occasionally stoop, kneel, crouch, or crawl.
occasionally lift or move up to 10 pounds.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Employment Type: Full-Time
Salary: $ 40,000.00 140,000.00 Per Year
