BSA/AML Investigations Manager

Old National Bank•Evansville, IN

6h•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.
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

CAMS, CAFP, or CRCM
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.
Assists in the development, implementation, and maintenance of the BSA/AML/OFAC Compliance Program.
Maintains knowledge of applicable laws, regulations, and issues.
Evaluates changes in industry practice and legal/regulatory requirements and ensures that timely appropriate action is taken.
Assists in efforts to complete preparatory work prior to BSA/AML regulatory examinations and directs the preparation of reports and correspondence as needed to the regulatory agencies.
Assists or recommends changes to BSA/AML or OFAC policies and procedures; provides technical compliance support when issues or questions arise; assists as an advisor in new product and/or service development.
Provides recommendations to the BSA Investigations Manager on current system efficiencies and/or required improvements.
Participates in compliance training and additional continuing education to maintain proficiency in the laws and regulations affecting financial institutions regarding BSA/AML and OFAC.
Leads projects from start to finish, with little to no oversight or direction as assigned by management.
Assists management with mergers and acquisitions.
Provides metrics, trends, and analytics to BSA Investigations Manager.
Serves as a lead role for department processes and operations department team members.
Provides guidance in the day-to-day activities of the AML Investigations team, sets monthly goals, ensures that production is maintained, accurate decisions are made, and quality standards are met by direct reports.
Supervises the day-to-day operations of the AML Case Investigations Quality Control Process and Quality Control SAR Review Committee.
Reviews supporting documentation, preparation of cases and evaluation of evidence; approves the need for a SAR in a timely manner.
Supervises the day-to-day operations of the 314(b) Information Sharing process.
Assists with BSA/AML and OFAC related compliance issues, procedures, as well as daily regulatory reporting.
Provides coaching and performs 1:1 meetings for direct reports.
Assists with IDP review for Direct Reports.
Assists and leads staff meetings.
Coordinates and oversees team training.