Purpose:

FinWise Bank’s Financial Crimes Compliance Department (FCC) works with business units across the Bank to ensure the safety and soundness of the Bank. The FCC Operations Lead reports to the FCC Operations Manager. This position supports the Bank's AML/BSA/OFAC Program by serving as the senior technical resource on the FCC Operations team, providing quality control review, training and development, and mentorship to Analysts while also performing ongoing monitoring and due diligence work directly, as needed.

Tasks:

• Conduct quality control (QC) reviews of Analyst case work including SAR/no-SAR determinations, CTR filings, CDD/EDD reviews, and 314(a)/OFAC alert dispositions to ensure accuracy, consistency, and compliance with regulatory requirements and bank procedures.
• Provide Analysts with clear, documented QC feedback and coaching on findings; identify recurring errors or knowledge gaps and recommend corrective training.
• Serve as the escalation point and subject matter expert for Analysts on complex investigations, ambiguous alerts, or unfamiliar products/typologies.
• Partner with the FCC Operations Manager to summarize QC trends, team performance observations, and risk themes.
• Lead or contribute to special projects assigned by the FCC Operations Manager, such as process improvement initiatives, procedure updates, system testing/enhancements, and regulatory exam preparation.
• Assist in developing, updating, and maintaining FCC Operations policies, procedures, and job aids.
• Assist the FCC Operations Manager with data analytics and reporting related to team performance, QC results, and operational metrics, as needed.
• Review Strategic Partner referrals for suspicious activity, complete investigations, and make SAR/no-SAR determinations.
• Complete comprehensive case investigations.
• Review bank-submitted CTRs and file reports, and complete CTRs as appropriate.
• Review and disposition 314(a) and OFAC alerts.
• Review and disposition AML/CFT alerts within the transaction monitoring system.
• Complete required CDD and EDD reviews as part of ongoing due diligence requirements.
• Review CMPI reports to determine if customers are intentionally staying under reporting thresholds, as needed.
• Review new accounts to confirm all CIP elements were collected as expected during onboarding, as needed.
• Perform negative news research utilizing open-source intelligence and bank resources.
• Create cases in the transaction monitoring system as needed.
• Other duties as assigned.

Knowledge, Skills, and Abilities:

• Ability to be discreet with employee and customer information.
• Thorough knowledge of banking and AML/CFT/OFAC regulatory requirements.
• Ability to create clear and concise policies, procedures and instructions.
• Excellent computer knowledge and experience using Microsoft Excel and Word.
• Ability to communicate effectively both in person and over the phone.
• Strong attention to detail.
• Ability to analyze situations fully and accurately and reach productive decisions.
• Honesty and integrity, ability to make the right decision when faced with an ethical dilemma.
• Ability to learn and effectively utilize bank systems and programs.
• Understand government regulations with emphasis on the Bank Secrecy Act and related regulations.
• Strong analytical and problem-solving skills to be used in operational evaluation and interpretation of compliance information.
• Broad thinker with ability to drive execution and achieve results.
• Comfortable working under tight deadlines.
• Independent; able to tackle tasks on your own or within a group environment.
• Excellent written and verbal communication skills.
• Organized and motivated/self-starter.
• Strong investigative skills, including familiarity with public record research and database tools.
• Demonstrated transaction analysis skills that apply across numerous financial products in complex scenarios.