Description

Job Summary

The Director of Financial Investigations Unit is responsible for directing and implementing the Financial Investigations Unit program. This position will entail collaboration with cross-functional teams to enhance monitoring systems, ensure efficient and thorough investigation processes, provide oversight of reporting activities and sanctions adherence, and create and maintain a risk rating process to help ensure regulatory expectations are met.

Responsibilities

• Provide direction and oversight to the FIU team to ensure regulatory compliance is maintained while aligning with corporate goals. Lead a team of specialized AML investigators responsible for analyzing and investigating high-risk and complex member activities. Address program deficiencies in alignment with LMCU’s risk appetite and broader strategic objectives.
• Maintain a deep and current understanding of AML/BSA/CFT/OFAC regulatory requirements, changes, emerging risks, trends, and typologies. Design and implement a robust high-risk review process and lead the organization’s overall program risk assessment. Monitor and evaluate the performance of AML/BSA/CFT/OFAC operations, identifying procedural weaknesses and recommending actionable solutions to management.
• Manage, enhance, and administer AML/BSA/CFT/OFAC software and monitoring systems, ensuring parameters effectively detect suspicious activity; conduct regular tuning and calibration. Collaborate with data analytics experts to evaluate rules, scenarios, and patterns, and support operational improvements based on data-driven insights.
• Partner with internal business units to gather information required for informed decision-making, adapting to shifting regulatory priorities. Maintain effective working relationships with internal stakeholders, external partners, and law enforcement agencies to support and enhance investigations.
• Develop and implement training programs to ensure all team members are equipped with the knowledge and awareness necessary to navigate evolving financial crime threats and regulatory environments.

Requirements

Education & Experience

• Eight years to 10 years of extensive experience in AML Compliance, high-risk and complex financial crime investigations, law enforcement or related fields, including demonstrated success in leading teams and delivering complex ANL/CFT/BSA initiatives.
• Prior leadership experience required.
• Prior regulatory examination experience preferred.
• A bachelor's degree in business, law, criminal justice, or related field of study.
• Certified Anti-Money Laundering Specialist (CAMS), Certified Anti-Fraud Specialist (CAFS), or Certified Financial Crime Specialist (CFCS) strongly preferred.
  

Other Skills

• Prior experience with BSA/AML/CFT technology, including implementation of software (Patriot Officer, Verafin, etc.).
• Must display strong analytical and thought leadership by being able to transform ideas to actional plans.
• Deep understanding of criminal typologies associated with a wide array of financial products and services.
• Knowledge of core banking software (Jack Henry Symitar and related suite of products), as well as ancillary software such as OnBase, Check Imaging, FPS Gold, identity verification tools, OFAC software.