Financial Investigations Manager
Company: Wollborg Michelson Recruiting
Posted on: January 16, 2022
An established, large, Sacramento based Credit Union is hiring for
a salary Manager, functioning as a department lead for Financial
7 years or more of Regulatory and/or Compliance, Credit
Union/Banking, Fraud Investigations, or equivalent experience
within the financial services industry. Applicable law enforcement
experience may be substituted for financial institution experience
as long as law enforcement experience entailed financial
investigations or investigations related to anti-money laundering
5 years of more leadership experience directly managing a team of 5
or more within a professional environment.
Flex/hybrid (3 days in office/ 2 work remotely)
5 yrs or more of Regulations and/or Compliance, Credit
Unio/Banking, Fraud Investigations, or equivalent exp.
Must be COVID vaccinated, and located in Sacramento, California
$98,000 salary non-negotiable
Responsible for the daily supervision and oversight of the
department staff. Meet or exceed the objectives set for
identifying, reducing, and resolving fraudulent activity that
involves the credit union. Assist in the coordination of all Fraud
and AML ("FRAML") activities institution wide including, exam
management, implementation of/assistance with risk assessments, and
development of targeted training. Continuously develop preventative
measures to identify and reduce the overall financial impact of
FRAML activity. Develop highly skilled staff to effectively protect
the assets of the credit union. Assess varied situations for
associated risk to implement proper resolutions based upon current
risk tolerances. Participate in cross functional relationships
within the credit union in order to provide optimum internal
support. Act as a FinCEN 314(b) contact for the credit union.
EDUCATION: Bachelor's degree in Criminal Justice or related field
preferred. Additional work experience may be considered in lieu of
a 4 year degree.
Maintain ongoing Subject Matter Expertise regarding Fraud, AML/BSA
and OFAC regulations and economic sanctions.
Actively strive to identify and implement continuous process
improvements to increase efficiencies, reduce cost and minimize
risk while ensuring minimal member impact and continued compliance
Have thorough understanding of fraud-related data and create
reports for comprehensive analysis while providing high quality
reporting to management. Identify market trends and develop
deterrence strategies to mitigate fraud loss.
Maintain a thorough understanding of state and federal laws and
regulations related to credit union compliance including OFAC
Sanctions, Executive Orders, FACTA, Reg. CC, Reg. E, UCC, Check 21,
Bank Secrecy Act, Anti-Money Laundering laws, Visa and other card
related regulations appropriate to the position.
Keywords: Wollborg Michelson Recruiting, Sacramento , Financial Investigations Manager, Accounting, Auditing , Sacramento, California
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