AML Manager

Lake Michigan Credit Union; Grand Rapids (MI); On-site; USD 80,000 - 130,000; Full time

Benefits offered by this job

Weekly pay

Retirement savings options

Health coverage (medical, dental, and/

HSA match

Paid parental leave

Tuition reimbursement

Job summary

Lake Michigan Credit Union in Grand Rapids, MI is seeking an AML Manager to oversee anti-money laundering activities and ensure regulatory compliance. The role includes monitoring suspicious activity, SAR reporting, and PATRIOT Act obligations, with daily collaboration across departments.

You will manage AML software, conduct risk assessments, and coordinate 314(a) requests, audits, and examinations while fostering a culture of accuracy and integrity.

Qualifications

• Five to eight years of AML experience or related field.
• Bachelor’s degree in a business-related field.
• Obtain or be in process of obtaining compliance-related certification (CRCM, CAMS, CBSAP, CFE).
• Familiarity with Symitar, OnBase and AML software products.

Responsibilities

• Oversee AML program including monitoring, SAR reporting, Act compliance, and financial crime functions.
• Lead reviews of account activity for suspicious activity analysis and reporting.
• Maintain AML software and monitoring systems, adjust workflows by risk.
• Oversee FinCEN 314(a) requests and related regulatory obligations.
• Support AML risk assessments and emerging financial crime risk mitigation.
• Assist BSA Operations Manager and participate in audits and examinations.
• Champion values of curiosity, collaboration, and excellence.
• Ensure compliance with Bank Secrecy Act, Patriot Act, and OFAC.

Skills

AML compliance

SAR reporting

Regulatory knowledge

Risk assessment

FinCEN 314(a)

AML software

Education

Bachelor's degree in business or related field

Tools

Symitar

OnBase

AML software tools

Job description

General Information

Primary Location:Grand Rapids, MI

Employee Status: Full-Time

Workplace Type:Fully In-Person

This is not a remote opportunity. Position required to report to Grand Rapids office daily.

Who we are:

At LMCU, you’ll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.

About this position:

The AML Manager will be responsible for providing oversight and management of Anti-Money Laundering related activities, including suspicious activity monitoring, investigations, SAR reporting, FinCEN 314(a) requests, transaction monitoring system administration, relevant USA PATRIOT Act requirements, and maintaining timely and accurate reports. This position will work with impacted departments to ensure regulatory requirements are addressed and incorporated into daily functions and written procedures. The AML Manager may communicate with branch and other member-facing business units to ensure LMCU’s policies are followed.

What you’ll do:

• Oversees the Anti-Money Laundering (AML) Program including suspicious activity monitoring, SAR reporting, USA PATRIOT Act compliance, and financial crimes compliance functions, and provides guidance to stakeholders regarding financial crime risk exposure and related operational decisions.
• Participates in and oversees account activity reviews for suspicious activity analysis, investigation, escalation, and reporting while establishing parameters and standards for completing reviews.
• Responsible for maintaining AML software and monitoring systems to ensure alerts, case workloads, thresholds, and investigative workflows remain appropriate based on risk, size, complexity, products, and services.
• Oversees FinCEN 314(a) requests, law enforcement inquiries, information sharing activities, and related regulatory obligations.
• Directly assists the in updating AML risk assessments, identifying emerging financial crime risks, and recommending mitigating controls.
• Provides support and backup coverage to the BSA Operations Manager and collaborates on examinations, audits, procedures, and overall program administration.
• Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

What you’ll bring:

• Five to eight years of similar or related experience.
• A bachelor’s degree in a business-related field of study.
• Obtain or be in process of obtaining compliance-related certification (CRCM, CAMS, CBSAP, CFE).
• Must have good working knowledge of Symitar, Application Extender/OnBase, AML software products, SAR processes, FinCEN 314(a), and general computer skills.

What you’ll get:

• All Employees: weekly pay and retirement savings options.
• Full-Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
• To see a full list of our benefit offerings, check out this helpful guide!

LMCU is an Equal Opportunity Employer