Financial Intelligence Unit Supervisor

Description

The Financial Intelligence Unit leaders lead a team of analysts responsible for managing the transaction monitoring processes within the core bank or Baas (Banking as a Service) function.  This includes ensuring compliance with regulatory requirements and mitigating risks related to money laundering, fraud and other financial crimes.  

• Conduct regular one-on-ones to align cultural & business objectives, prioritize the most important work and coach to high performance. 
• Facilitate execution through effective situational leadership tools.  
• Support engagement and action by listening to team member feedback – what’s working, what’s not – support them in initiating and executing positive changes and provided them with adequate resources. 
• Support in the team members professional and personal.  
• Catch team members being approximately right through timely, individualized recognition. 
• Promote collaboration and face to face interaction.
• Review financial transactions for suspicious activity, including patterns indicative of money laundering, fraud or other illicit behavior.  
• Conduct FIU critical activities, which includes alert clearing, case investigation, SAR decisioning, CTR filling along with 314a and 314b responses.  
• Conducting in-depth investigations into flagged transactions, identifying potential risks, and respond and collaborate with law enforcement or regulatory agencies when necessary.  
• Assessing risk associated with specific customers, accounts or transactions and recommending appropriate actions to mitigate risks.  
• Ensuring compliance with Anti-Money Laundering (AML) regulations, including filing Suspicious Activity Reports (SARs) as needed.  
• Analyze large datasets to identify trends, anomalies, and potential red flags.
• Collaborate with compliance and risk management teams to identify potential risk and recommend risk mitigation strategies.  
• Preparing reports and documentation related to suspicious activity, investigations and compliance efforts.  
• Implement changes in policies and procedures as required by regulatory updates.  
• Aid in documentation creation around process and procedures within the FIU space.
• Analyze data to identify trends, anomalies, and potential risks. Conducting quality control tasks, sampling data and providing feedback on process and work.  
• Prepare regular reports and documentation for senior management, highlighting key findings and recommendations.  
• Continuously improve processes, streamline workflows, and enhance efficiency.  
• Identify opportunities for automation and technology enhancements. 
• Conduct regular one-on-ones to align cultural & business objectives, prioritize the most important work and coach to high performance.
• Facilitate execution through effective situational leadership tools. 
• Support engagement and action by listening to team member feedback – what’s working, what’s not – support them in initiating and executing positive changes and provided them with adequate resources.
• Support in the team members professional and personal. 
• Catch team members being approximately right through timely, individualized recognition.
• Promote collaboration and face to face interaction.

Requirements

• Minimum of 2 to 4 years of relevant experience with requisite competencies 
• Bachelor’s degree in Business, Finance, or related field.  
• Relevant certifications (ACAMS) are preferred, not required.  
• Proficiency in  transaction monitoring systems (i.e. Verafin, EY Cognitive Investigator)  
• Experience with analytics tools (i.e. Monday.com, Quickbase)  
• Strong understanding of BSA/AML regulations and best practices.  
• Prior experience within a Sr. Analyst and/or Team Lead transaction monitoring, BSA/AML role.

Travel Requirement
This position requires travel to support business needs, including team collaboration, internal trainings, and cross-functional initiatives. The frequency and duration of travel will vary based on organizational priorities and team needs. 

Cultural Alignment   

Choice is #PeopleFirst, banking second.  

People don’t need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities. 

In contributing to our culture, Choice team members are guided by our core values. 

• Embrace change and encourage innovation. 
• Know when to ask for help and know when to offer help. 
• Better the places we live. 
• Work hard. Do the right thing. Have a little fun. 

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values. 

Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here. 

Disclosure 

This job description is intended to describe the general content of, and requirements for, the performance of this job.  It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a significant risk to the health and safety of themselves or other employees. 

All employment at Choice Financial Group is “at will” employment. This position description does not create an employment contract, implied or otherwise.

The base salary for this role is listed below. This pay range is posted to comply with wage transparency laws. The base salary may vary based on skill, ability, knowledge, experience, and geographic location. Full-time employees are also eligible for a competitive bonus and benefits package.