Financial Crimes Team Lead 1

Truist Bank•Lumberton, NC

About The Position

Responsible for day-to-day operations of an assigned Financial Intelligence Unit (FIU) team, ensuring compliance with the Bank Secrecy Act and USA PATRIOT Act. The role oversees investigation, analysis, and decisions involving BSA/AML cases, reports, and alerts under established policies and procedures. Work may include regulatory filings such as Currency Transaction Reports and Suspicious Activity Reports, CTR exemption processing, identifying and monitoring high-risk clients, investigating BSA-related lending cases, detecting suspicious activity through transaction monitoring, and meeting applicable record-retention requirements. The position works with line-of-business contacts and subsidiaries to understand client relationships, identify potentially reportable BSA/AML activity, and assess whether client relationships should continue. It also provides recommendations to management on complex or subjective cases and leads, mentors, and coaches direct reports. The role supports process enhancements, compliance research, merger or conversion activities, and coordination with internal and external auditors and examiners.

Requirements

College degree or equivalent education, training, and work-related experience.
Five years of managerial banking, financial industry, commercial lending-related, or BSA/AML experience.
Ability to learn and perform complex processes in accordance with departmental procedures, policies, and BSA/USA PATRIOT Act regulations.
Knowledge of project management and problem management processes, with the ability to represent the applicable line of business within the FIU.
Strong investigative research and documentation skills.
Strong analytical, time-management, and critical-thinking skills.
Ability to work in a high-stress, fast-paced, rapidly changing environment with time-critical situations.
Strong verbal and written communication skills, including the ability to communicate effectively with senior leadership, line-of-business managers, and external entities such as federal examiners.
Demonstrated proficiency in basic computer applications, such as Microsoft Office products.
English language fluency required.

Nice To Haves

Master's degree in Business or another related field.
Graduate of BB&T (now Truist) Banking School or another widely recognized banking school.
Two years of experience with project management and problem management processes.
Experience with BSA transaction-monitoring or case-management applications.
Certified Anti-Money Laundering Specialist (CAMS) certification or another qualified related professional certification.

Responsibilities

Support timely, comprehensive customer investigations using CIP information, occupation, line of business, income methods, transaction activity, and other relevant information.
Analyze customer transaction activity to assess the legitimacy of the business and transactions and whether activity is commensurate with the nature of the business entity.
Communicate research and analysis results, conclusions, and recommendations to appropriate FIU leadership; independently recommend maintaining or exiting customer relationships as warranted.
Perform detailed testing or monitoring to identify compliance or control issues and deficiencies requiring corrective action and resolution.
Participate in BSA/AML training and monitor national and world events, industry trends, and relevant watch lists to help mitigate reputational and regulatory risk.
Lead, mentor, and coach direct reports, including providing training and conducting regular verbal and written performance evaluations.
Support process enhancements, emerging compliance-trend awareness, in-depth research requests, merger and conversion activities, and work with internal and external auditors and examiners.
Oversee assigned FIU team operations to ensure compliance with BSA/AML laws, regulations, policies, and procedures.
Work with line-of-business contacts and subsidiaries to understand client relationships, identify potentially reportable activity, and assess the feasibility of continuing client relationships.
Recommend solutions to management based on the outcomes of subjective BSA/AML cases.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Accidental death and dismemberment coverage
Tax-preferred savings accounts
401(k) plan
At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
10 sick days, prorated
Paid holidays
May be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan, depending on position and division