Manager, AML/CFT Operations

About The Position

As the Manager, AML/CFT Operations, you will assist with the coordination of the day-to-day implementation and administration of all aspects of the Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT) Compliance Program. You will monitor and ensure adherence to U.S. regulations (BSA, USA PATRIOT Act, etc.) as well as key U.S. Financial service regulators and agencies (FinCEN, OFAC, SEC, FDIC, etc.)

You will also monitor and support the daily operations, while ensuring compliance with regulatory and operational policies. You will be responsible for providing leadership, coaching and oversight, in close collaboration with the Vice President, AML/CFT Operations (BSA), to the AML/CFT operations analysts & investigators and serve as a subject matter expert for the teams.

What You Will Do

• Responsible for overseeing the analysis and monitoring of daily reports, alerts, cases and regulatory filings associated with AML and suspicious account activity; determine the appropriate action based on the analysis according to policies and procedures.
• Ensure investigations and resolutions comply with applicable laws, Bank policy, and industry leading practices to reduce the Bank's losses and financial crimes exposure.
• Responsible for maintaining, revising and implementing AML/CFT procedures and job aids and serving as the Subject Matter Expert and the go-to resource for the team, answering questions and providing guidance on BSA/AML procedures
• Continuously review and monitor the case management system to ensure alerts, cases and regulatory filings are dispositioned timely and suspicious activity is detected as expected.
• Monitor and track BSA/AML high risk customers and accounts; assist with the development and refining of the bank’s customer risk rating system. Reviewing and approving Enhanced Due Diligence and Customer Due Diligence cases and scheduling the next EDD reviews based on risk level.
• Ensure processes are followed for contact and effective communication with customers, as needed, to gain an understanding of account activity or Know Your Customer (KYC)/Customer Due Diligence (CDD) documentation.
• Ensure timely and accurate filing of all Suspicious Activity Reports and Currency Transaction Reports. Including preparing and presenting committee meetings, ensuring that all necessary case details are presented and discussed thoroughly
• Responsible for developing and providing periodic reporting of key AML/CFT and OFAC-related metrics to management.
• Thoroughly manage alert and case inventories to include the generation and maintenance of in-progress inventory reporting for all teams (CDD, EDD, Investigations, Alerts, High risk customer list, regulatory filings, etc.).
• Oversee and ensure compliance with all 314(a) and OFAC files, requests, and reporting.
• Assist with the periodic reviews and updates of the AML/CFT and OFAC risk assessments.
• Stay abreast of industry trends related to AML/CFT and any related agency guidance and propose opportunities for enhanced efficiencies or development opportunities.
• Assist the VP and head of BSA/AML operations with weekly meetings, ad hoc requests, quarterly board reporting, and audit requests.
• Hold performance meetings with analysts, helping set and track their goals, conducting mid-year and end-of-year assessments, approving timecards and time-off requests, and reallocating work as needed to meet SLAs.
• Organize regular training sessions for the team, including onboarding new employees and arranging external training events for specialized sessions.
• Perform other duties as assigned.
  
  

What We’re Looking For

• A minimum of five years of BSA/AML and/or fraud detection/investigation experience at a financial institution, regulatory agency or law enforcement agency; commensurate investigative experience in financial crimes will also be considered.
• Excellent critical thinking and problem-solving skills.
• Ability to work in a fast-paced environment with professionalism, courtesy and tact.
• Excellent interpersonal, verbal and written communication skills.
• BSA/AML certifications; CAMS credentials or equivalent as well as Fintech experience are preferred.
  
  

Working Conditions/Demands

• Professional office setting.
• Primarily sedentary position requiring long periods of time working at a computer.
• Must be able to move throughout the office and buildings to obtain or relay information.
• Must be able to perform the essential functions of the position with or without reasonable accommodation.
  
  

Who Are We?

We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.

We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.

Why Join Us?

Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.

Our benefits package includes the following and so much more:

• Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
• 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
• Professional Development Reimbursement
• At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
• Eleven Paid Holidays
• Paid Volunteer Time
• Annual First Internet Bank-branded merchandise allowance
  
  

Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities

If you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click