Director of Financial Crimes - Fraud Investigations

Company: Disability Solutions
Location: Green Bay
Posted on: April 20, 2024

Job Description:

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.The Director of Financial Crimes ensures Associated's financial crime program meets regulatory expectations and appropriately safeguards our company and our customers. The DFC will ensure that systems, controls and transaction monitoring are robust and evolving to detect and prevent financial crime. The work needs to ensure that customer SLAs are met and customer experience is appropriate. Once crime or loss is detected, the program also ensures a robust investigation framework that includes adhering to compliance with the Bank Secrecy Act (BSA) regulations. It also complies with all operational risk requirements that intersects with financial crime and prevention - such as supporting model risk management, business change, payment risk, and loss event / root cause reporting.This all occurs through diligent policies, programs, procedures and documentation with execution and maintenance of a comprehensive framework and FID team to monitor transactional activity, make decisions, track, report, seek recoveries, and limit future losses. This position must assess relevant risks industry trends, regulatory guidance, best practices, and continuously improve processes to proactively meet changing financial crime threat.This position is a hybrid role with weekly in-office expectations. Due to those work requirements, candidates must be located in Milwaukee, WI; Green Bay, WI; or Chicago, IL. We invite you to view the opportunity below.The Director of Financial Crime Prevention & Operations role with Associated Bank will be responsible for ensuring our financial crime program meets regulatory expectations and appropriately safeguards our company and our customers. They will be responsible for ensuring the financial crime and prevention model is robust and evolving to detect and prevent financial crime, and ensuring compliance with intersecting risk requirements such as BSA and operational risk.This person will:

• Execute on strategic direction for an enterprise-wide monitoring program that needs to continuously respond and quickly adapt to regulatory changes and market trends globally to protect the firm and customers from loss or risk due to financial crimes.
• Develop and maintain the financial crime prevention and investigation strategy, project sponsorship and requirements to ensure a strong, risk based effective financial crime program including prevention, detection, investigations and reporting. Ensures a robust prevention and investigation framework that includes adhering to compliance with the Bank Secrecy Act (BSA) regulations. It also complies with all operational risk requirements that intersects with financial crime and prevention - such as supporting model risk management, business change, payment risk, and loss event / root cause reporting.
• Support model ownership, definition, documentation, ongoing tuning/optimization, governance and working with the various governance & oversight teams to ensure adherence to firm policies.
• Effectively interface with business financial crime leaders to understand and deliver their financial crimes monitoring and surveillance capabilities including partnership with IT and Corp Risk Intelligence to ensure adequate system integration, data and reporting to maintain all elements of the financial crime program - detection, prevention, investigation and reporting.
• Maintain policies, programs, procedures, risk assessment and documentation with execution and maintenance of a comprehensive framework and FID team to monitor transactional activity, make decisions, track, report, seek recoveries, and limit future losses.
• Provide ongoing reporting and exam leadership on financial crimes to appropriate management and board committees and executive management, audit and regulators. Facilitate effective response to financial crimes-related regulatory examinations.
• Lead through financial crime attacks and readily adjust and lead the team to minimize impact of threats and concerted crime efforts.
• Lead the team with integrity and create an environment where employees feel included, valued, and supported to do work that energizes them. Foster strong collaboration among team leaders and colleagues to ensure a unified approach to financial crime management with full transparency to ensure robust detection and mitigation across all functions.
• Perform management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing and developing employees, identifying and managing risks, and completing daily management tasks.QUALIFICATIONS
  • Bachelors Degree or equivalent combination of education and experience in Business, Finance, Financial Crime, Compliance or related field.
  • 10+ years' risk management experience, including compliance, financial crimes, operational risk, audit, legal, credit risk, IT systems security, and process management.
  • 7+ years management experience.In addition to core traditional benefits, we take pride in offering benefits for every stage of life.
    • Retirement savings including both 401(k) and Pension plans.
    • Paid time off to volunteer in your community.
    • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
    • Competitive salaries with professional development and advancement opportunities.
    • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
    • Personal banking, loan, investment and insurance benefits.Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X.Compliance StatementAssociated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.Associated Bank provides additional assistance to individuals with disabilities throughout the application & interview process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the interview process.Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.Associated Bank is Pay Transparency compliant.

Keywords: Disability Solutions, Green Bay , Director of Financial Crimes - Fraud Investigations, Accounting, Auditing , Green Bay, Wisconsin