Compliance Officer - Financial Crimes Emerging Threat and Surveillance Oversight

Location:

4910 Tiedeman Road - Brooklyn, Ohio 44144

About the Job

The Emerging Threat and Surveillance Oversight Compliance Officer works with a specialized team focused on identifying and assessing emerging financial crime threats, developing new typologies, and enhancing the firm’s Transaction Monitoring (TM) strategy. This team is pivotal in maintaining and evolving the firm’s surveillance framework by ensuring comprehensive coverage, optimizing existing models, and introducing innovative monitoring approaches. This is a proactive, forward-looking role that requires the ability to analyze data, identify potential gaps or behavior trends, and recommend enhancements to strengthen the firm’s financial crimes detection capabilities. The Compliance Officer will assist in the assessment of the adequacy of current transaction monitoring coverage and assist in the development of new transaction monitoring techniques and tools. The Compliance Officer will also review alerts, cases, Suspicious Activity Reports (SARs), internal referrals, legal inquires, and transactional data to look for trends and emerging risks. The ideal candidate will possess strong analytical thinking, be familiar with various banking products and services, have a desire to learn new products and services and the risks associated with those, and have a deep understanding of financial crime risks. A law enforcement background and experience with Tableau are both a plus.

Essential Functions

• Assist in maintaining the transaction monitoring coverage assessment
• Review alerts and SARs as part of the ongoing tuning efforts, as well as efforts related to retiring ineffective scenarios. Review the scenario intent and underlying design and provide recommendations for enhancements.
• Assist in strategizing the transaction monitoring initiatives for improving the effectiveness and efficiency of the program. Provide supports to create and maintain executive level reports and dashboards.
• Assist in drafting and maintaining the framework/methodology for developing new scenarios and retiring existing scenarios.

• Review and analyze internal referrals, legal inquiries, alerts, cases and SARs to identify trends and patterns and make recommendations to improve overall coverage and efficiency.
• Create and maintain monitoring requirement documents to develop new models based on FFEIC guidance and subject matter expert inputs.
• Assist in preparing, updating, and maintaining the transaction monitoring policy and procedures and other related documents.
• Act as a transaction monitoring subject matter expert to support business partners across the institution.
• Identify appropriate systems access related to Interim Monitoring initiatives and conduct sample alert testing.
• Assist in designing and conducting the investigative training sessions for new monitoring scenarios

• Participate in Transaction Monitoring and OFAC Screening Working Groups
• Research and gather data from Key systems (e. g., core banking, client due diligence, onboarding and transactions processing, policies and procedures systems) to support FCG’s Subject Matter Experts (SMEs).
• Keep abreast of new rules and regulations as well as current surveillance and screening techniques.
• Assist with other requests as required ensuring team objectives are achieved.
• Provide subject matter expertise and documentation support relative to the enterprise wide BSA/AML risk assessments.
• Actively engage with the team, a specialized team focused on emerging financial crime threats and Transaction Monitoring (TM) strategy and governance, as well as work collaboratively with cross-functional teams

Required Qualifications

• Bachelor’s degree or equivalent in Criminal Justice, Political Science, International Relations, Business, or a related field.
• Minimum 5 years of experience in AML investigations, financial crime compliance, or risk analysis.
• Strong investigative mindset with the ability to identify patterns, connect dots, and think critically.
• Experience reviewing and analyzing data, both qualitatively and quantitatively.
• Prior experience working with AML transaction monitoring software and case management applications.
• Proficiency in MS Office applications and strong general computer skills.
• Familiarity with banking systems and effective use of customer and transaction data within these systems.
• Familiarity with AML regulations, sanctions, export controls, and financial crime typologies.
• Excellent communication and collaboration skills.

Preferred Qualifications

• CAMS or ACFCS certification desired.
• Law enforcement experience or an advanced degr