Financial Crimes Operations Analyst III

Summary

Join Lead Bank, a fintech building banking infrastructure, as a Financial Crimes Operations Analyst III. Support the detection, analysis, and reporting of financial crimes, creating and enhancing reports, conducting data validations, and optimizing internal systems. Oversee the risk model framework, developing and implementing transaction screening scenarios. Ensure accurate identification and reporting of suspicious events, recommending risk mitigation enhancements. Proficiency in understanding fraud, money laundering, and terrorist financing scenarios is required. This role involves collaboration with internal teams and staying current with FinCEN developments.

Requirements

• Have at least 5-7 years of banking BSA experience with another financial institution or with another fintech
• You are a self starter who is able to be a part of a deadline driven department
• Bring an analytical mindset with the ability to process, solve, and draw conclusions
• Bring strong communication skills to work with all Lead Bank departments
• Are curious, have humility, are open to learning and approach your work with a growth mindset
• Thrive working in a fluid environment with high autonomy
• Love to collaborate to get to the best, most efficient outcome
• Embody the growth mindset and bring a self-driven and self-starter mentality to your work

Responsibilities

• Assist in building and testing AML monitoring rules across multiple products and services
• Assist in the ongoing tuning and optimization of AML systems to improve processes
• Conduct daily validations to ensure data is imported into the AML system
• Develop relevant program documentation surrounding Lead Bank’s AML vendors and processes
• Conduct more in-depth periodic balancing of the data imported into the monitoring system from source systems
• Assist in building enhanced reporting to track trends, suspicious activities and other financial crime-related incidents
• Collaborate with internal teams to develop reporting drawing data from multiple systems and sources
• Assist with maintaining the AML risk rating model and reviewing periodically for recommended changes and improvements
• Perform data analysis and provide results to senior management in relation to the tuning/alert threshold reviews
• Identify potential risks to the Bank’s AML program through data analysis and review
• Assist with the enhancement of the AML risk rating model to ladder across multiple verticals to accommodate variations in risk factors
• Stay current with developments in the area of FinCEN to ensure program compliance
• Provide support and BSA subject matter expertise to bank staff members helping them understand BSA requirements as they relate to their job function
• Perform other duties as assigned

Preferred Qualifications

• Preferred experience in Convertible Virtual Currencies (CVC) and/or Banking as a Service (BaaS)
• Preferred CFE, CAFP, or CAMs certifications
• Preferred experience with Unit21, or other technology focused AML software

Benefits

• Competitive compensation, including opportunities for equity grants, based on experience, geographic location, and role
• Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
• Paid parental leave
• Flexible vacation policy, including PTO and paid holidays
• A fun and challenging team environment in a dynamic industry with ample opportunities for career growth