BSA/AML Investigations Manager

Old National Bank•Evansville, IN

1d•$60,000 - $121,300•Onsite

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

Bachelor's degree in Business, Finance, Accounting, Law or related field
8+ years’ relevant experience in banking combined with BSA, AML, Fraud and Investigation or relevant business experience.
CAMS, CAFP, or CRCM
Extensive knowledge of banking principles, philosophies, and operational concepts
Advanced knowledge of BSA internal controls and regulations, OFAC regulations, USA PATRIOT Act, fraud scenarios, criminal situations, and internal crimes
Strong attention to detail, organizational, and time-management skills.
Ability to read and understand complex governmental laws, regulations, and regulatory guidance.
Ability to work independently and/or in a team.
Strong interpersonal skills along with excellent written and verbal communication skills.
Advanced problem-solving skills with the ability to define problems and propose solutions
Required competency with Microsoft Office Suite, especially advanced use of Excel to manipulate data for analysis.

Nice To Haves

Supervisory experience is preferred

Responsibilities

Assists in the development of policy, programs and a governance process that establishes and maintains operational procedures, training requirements, internal controls, monitoring and reporting processes for all business lines in order to comply with requirements of the Bank Secrecy Act and Anti Money Laundering (BSA/AML) and OFAC regulations.
Provides technical compliance expertise to BSA and OFAC regulations as well as development and supervision of direct reports.
Must remain abreast of current and emerging money laundering and financial crime trends.
Must understand the risk appetite of the bank and be able to manage, identify, and adjust to the changing customer risk profile of the bank which includes the ability to structure “outside of the box” solutions.
Assist in the development, implementation, and maintenance of the BSA/AML/OFAC Compliance Program.
Maintain knowledge of applicable laws, regulations, and issues. Evaluate changes in industry practice and legal/regulatory requirements and ensure that timely appropriate action is taken.
Assist in efforts to complete preparatory work prior to BSA/AML regulatory examinations and direct the preparation of reports and correspondence as needed to the regulatory agencies.
Assist or recommend changes to BSA/AML or OFAC policies and procedures; provides technical compliance support when issues or questions arise; assist as an advisor in new product and/or service development.
Provide recommendations to the BSA Investigations Manager on current system efficiencies and/or required improvements.
Participate in compliance training and additional continuing education to maintain proficiency in the laws and regulations affecting financial institutions regarding BSA/AML and OFAC.
Lead projects from start to finish, with little to no oversight or direction as assigned by management.
Assist management with mergers and acquisitions.
Provide metrics, trends, and analytics to BSA Investigations Manager.
Serve as a lead role for department processes and operations department team members.
Provide guidance in the day-to-day activities of the AML Investigations team, set monthly goals, ensure that production is maintained, accurate decisions are made, and quality standards are met by direct reports.
Supervise the day-to-day operations of the AML Case Investigations Quality Control Process and Quality Control SAR Review Committee. Review supporting documentation, preparation of cases and evaluation of evidence; approve the need for a SAR in a timely manner.
Supervise the day-to-day operations of the 314(b) Information Sharing process.
Assist with BSA/AML and OFAC related compliance issues, procedures, as well as daily regulatory reporting.
Provide coaching and perform 1:1 meetings for direct reports.
Assist with IDP review for Direct Reports.
Assist and lead staff meetings.
Coordinate and oversee team training.