Financial Crimes BSA/AML Investigations Team Leader

Regions Bank•Hoover, AL

About The Position

At Regions, the BSA/AML Investigations Team Leader is responsible for ensuring that the Bank conducts business in compliance with ethical business practices, company policies and legal requirements. Primary Responsibilities Assists in the development of procedures intended to detect unethical and illegal conduct Prepares documentation for regulatory authorities Monitors and analyzes transactions to ensure appropriateness of activities Identify trends and changes in financial activity indicating fraud or money laundering Ensures associates have received appropriate testing and qualifications related to AML regulation Manages team's work and performance via daily forecasting and management reports Serves as subject matter expert for complex research or assessments Assists with training and coaching opportunities as appropriate Leads projects that contribute to workflow or process change and redesign Reviews work submitted by peers for completeness and accuracy This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

High School Diploma or GED and five (5) years of experience in BSA/AML, fraud, legal, loss prevention, corporate security, retail banking or financial services
Extensive knowledge of Bank Secrecy Act/Anti-Money Laundering (BSA/AML), Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) related laws and regulations
Ability to multitask and set priorities is a must
Personal computer proficiency with technical skills that include word processing, spreadsheets, databases, and search engines
Strong analytical skills, good written and oral communications skills, and solid organizational skills
Strong compliance with Regions’ policies and procedures will be essential
Willingness and ability to negotiate with peers and resolve conflicts

Nice To Haves

Bachelor’s degree
Prior team lead or supervisory experience
Previous BSA/AML, fraud, or corporate security investigations experience
Certified Anti-Money Laundering Specialist (CAMS)
Knowledgeable of Region's mainframe systems

Responsibilities

Assists in the development of procedures intended to detect unethical and illegal conduct
Prepares documentation for regulatory authorities
Monitors and analyzes transactions to ensure appropriateness of activities
Identify trends and changes in financial activity indicating fraud or money laundering
Ensures associates have received appropriate testing and qualifications related to AML regulation
Manages team's work and performance via daily forecasting and management reports
Serves as subject matter expert for complex research or assessments
Assists with training and coaching opportunities as appropriate
Leads projects that contribute to workflow or process change and redesign
Reviews work submitted by peers for completeness and accuracy