Overview

The Financial Crime Intelligence Unit (FCIU) Team Lead will be responsible for assisting in the development of and management of a team of investigators within the FCIU program. The VP will also propose procedural enhancements and analytic tools for use by the team and provide MIS reporting for senior management.

The position will report to a senior VP or Director within the Financial Crime Intelligence Unit.

Responsibilities:

The Team Lead will be tasked with assisting in all duties associated with the FCIU Investigation team. The responsibilities include, but are not limited to:

• Overseeing a team of Investigators within the FCIU program
• Conducts routine reviews in order to ensure quality of disposition of cases
• Assist with the team deliverables and set timescales to agreed minimum standards and ensuring adherence to regulatory/ audit requirements
• Promote continuous analysis by interpreting relevant industry regulations and DB’s Compliance policies to ensure controls are appropriately implemented and monitored for compliance
• Continuously monitor process stability and escalate to senior management any current or future risks
• Perform oversight functions and work with investigators who require more frequent corrections
• Work closely with other Team Leads to ensure that the work is prioritized based on staffing and capacity
• Monitor and escalate aging issues and unresolved disputes
• Work directly to identify and escalate open issues that represent risk
• Provide training and guidance to new investigators
• Participate in departmental projects and initiatives
• Keep abreast of new rules, regulations and reputation risks to develop implement and revise current policies and procedures
• Work on special projects and assist as needed
• Understand business and regulatory requirements and ensure functions are being performed in those requirements
• Prepare MIS and other reports for senior management as required.

Qualifications:

• Minimum of three (3) years’ experience as an AML Team Lead in an FCI/Transaction Monitoring capacity or equivalent
• Minimum 7 years’ total AML investigations experience
• Strong interpersonal skills
• Experience in providing guidance
• Experience in Correspondent Banking is mandatory and experience in the Asset Management businesses is preferred
• Advanced knowledge of Microsoft Word, Excel, PowerPoint and Access

• Advanced knowledge of effective internet search techniques
• Experience with KYC, Due Diligence, and AML a plus
• Experienced with Mantas, Norkom and Actimize is preferred
• Ability to identify, escalate and communicate issues to management in an effective and succinct manner
• Excellent writing and communication skills
• Excellent analytical, judgment, and research skills
• Strong attention to detail and the ability to multitask
• Good team player with the ability to manage the team’s workload and their own
• Minimum Bachelor’s degree or equivalent
• Ability to lead a team of professionals by goal setting and driving completion of assigned tasks
• Effective decision making skills and strong problem solving skills
• Strong knowledge of AML laws (USA PATRIOT Act), Regulations (Fed, SEC, FINRA) and their application to the supported products/business lines.
• CAMS certification is a plus