AVP, FIU Manager

Banc of California•Santa Ana, CA

1d•Onsite

About The Position

The AVP, FIU Manager is responsible for overseeing the investigation of potential financial crimes, including money laundering, fraud, and terrorist financing. This role manages FIU investigators and ensure compliance with the BSA/AML regulations. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

Requirements

Minimum of five years of Bank Secrecy Act and Anti-Money Laundering investigation work experience required.
Associate's degree or related field and/or related work experience required.
3+ years of experience in a supervisory role with professional staff.
Minimum 3 - 5 years of experience in banking/finance industry.
High School diploma or equivalent required

Nice To Haves

Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE) certification, Certified Financial Crime Specialist (CFCS), or other applicable industry designation preferred

Responsibilities

Oversee alert investigations involving potentially suspicious transactions identified through transaction monitoring, internal referrals, or external intelligence.
Support the investigators to ensure adequate analysis of financial activity, patterns, and trends to identify potential financial crime risks.
Review investigative findings and determine whether alerts should be escalated to cases.
Ensure investigations are properly documented and completed in accordance with procedures and within regulatory timelines.
Perform managerial reviews of investigators’ work to evaluate for quality, accuracy, and sound decision making.
Correspond with branches and outside departments regarding account transaction activity.
Review and maintain BSA/AML Department procedures.
Manage, mentor, and develop a team of FIU investigators.
Monitor workload, investigation quality, and case throughput.
Provide guidance on complex AML investigations and typologies.
Maintain awareness of emerging financial crime risks and regulatory expectations.
Assist in preparing for regulatory examinations and internal audits.
Produce reports and metrics for senior management on production and investigation outcomes.
Support enhancements to transaction monitoring systems, case management tools, and investigative procedures.
Contribute to the ongoing rule tuning and rule development initiatives.
Involved with interviewing and hiring decisions.
Prepare and deliver employee performance evaluations, goal planning, and counseling.
Manage, support, coach and train employees.
Follow all established policies and procedures.
Perform other duties and projects as assigned.

Benefits

401k plan which includes a company match and immediate vesting.
Comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
Adoption assistance.
Surrogacy assistance.
Fertility assistance.
Paid parental leave.
Family support solutions including care options for your family.
Paid vacation days.
Paid holidays.
Volunteer time off.
Tuition reimbursement.
Annual mentorship program.
Leadership development resources.
Access to LinkedIn Learning.