AVP, Anti-Financial Crime Special Investigations Team Lead

About the position The Financial Intelligence Unit (FIU) and Fraud Prevention & Investigations Unit (FPI) are subunit teams within Apple Bank’s (the Bank) Anti-Financial Crime (AFC) Department. The FIU is a second line function that acts as a primary subject matter expert (SME) concerning transaction monitoring, suspicious activity detection, investigations, and reporting used to support BSA/AML and sanctions compliance across the Bank. The FPI unit is a second line function that acts as a primary SME concerning fraud alerts, advisory and investigations. The Anti-Financial Crime Special Investigations Team Lead is a member of the FIU and is responsible for the assigned responsibilities within AFC. Specifically, the Anti-Financial Crime Special Investigations Team Lead is responsible for conducting thorough, complex, and sensitive investigations, which may include those relating to employee misconduct, suspected fraud, criminal summons and subpoenas, and USA PATRIOT Act 314(a) and 314(b) requests.

Responsibilities

• Independently develop and document investigation approach for complex investigations.
• Conduct end-to-end complex and sensitive investigations involving large-scale fraud, employee misconduct, and high-risk financial crimes; thoroughly document investigative work, including supporting data, research, analysis, and rationale for the recommendation within the case management system in a timely manner and in compliance with regulatory guidelines and AFC procedures.
• Prepare comprehensive investigation reports based upon thorough forensic analysis and review of applicable internal Apple Bank systems, internal policies, and procedures, as well as public sources, for the Head of AFC and other members of management.
• May travel to Apple Bank office locations to execute investigative actions, including interviews with key parties and based upon the outcome of investigations, recommend and prepare applicable documentation in support of the filing of Suspicious Activity Reports (SARs).
• Identify the root causes of large-scale fraud and internal misconduct and recommend enterprise-level control enhancements to prevent recurrence.
• Make direct referrals to applicable law enforcement agencies, as directed by AFC leadership,
• Assist with the development of AFC Board and Management Committee materials, including comprehensive investigation summaries.
• Provide recommendations for off-boarding customers who pose a heightened risk to the Bank, as directed by the Head of FIU or FPI Manager.
• Act as a SME on FIU and FPI policies, procedures, and escalation standards.
• Maintain a high degree of relevant knowledge with respect to AFC laws and regulations. This includes monitoring new and proposed AFC-related legislation, regulatory requirements, key enforcement actions, key trends, and emerging issues.
• Provide knowledge sharing and training to FIU and FPI staff based on the results of complex investigations and/or emerging trends.
• Apply an enhanced level of confidentiality during the execution of assigned responsibilities.
• Display a high level of professional aptitude and standards.
• Interact with the Bank’s senior leadership team, including applicable business heads, Human Resources, and the Legal division.
• Participate in process standardization and improvement discussions with the Head of FIU, FPI Manager, Head of AFC/BSA Officer, and process partners.
• Take part in, or manage, focused projects and AFC intelligence efforts aimed at detecting new or developing typologies.
• Interact with line of business personnel regarding requests for information (RFIs).
• Apply independent judgment in the identification and escalation of AFC risks.
• Recommend improvements to processes in areas of efficiency, control, and work product.
• Attend committee meetings as required.
• Perform ad hoc and project support, as required in support of AFC FIU and FPI subunits.

Requirements

• A bachelor’s degree.
• Minimum 5 years of experience in conducting complex, independent investigations, or the execution of complex audits, with a strong emphasis on AFC regulations and requirements.
• Advanced forensic analysis skills and the ability to analyze larger data sets to identify matters requiring further investigation.
• Exceptional writing skills with the ability to summarize key material findings and prepare executive summaries.
• Knowledge of SAR preparation and filing requirements.
• The ability to manage competing priorities and focus on productivity and quality to drive positive outcomes.
• Excellent verbal and interpersonal communication skills.
• Outstanding research and time management skills with strong focus on attention to detail.
• The ability to work effectively in a team-fostered, multi-tasking environment.

Nice-to-haves

• A professional certification (i.e. CAMS).

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