Director of Financial Crimes - Fraud Investigations
Company: Disability Solutions
Location: Green Bay
Posted on: May 4, 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.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, Executive , Green Bay, Wisconsin
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