FIU Investigations & Compliance Lead

Choice Bank; Golden Valley (MN); On-site; USD 90,000 - 120,000; Full time

Job summary

Choice Financial Group in Minnesota is seeking a Financial Intelligence Unit Leader to guide a team of analysts responsible for transaction monitoring within our core bank and BaaS functions. You will ensure AML regulatory compliance, lead investigations of suspicious activity, and coordinate with law enforcement when necessary, while driving process improvements.

The role requires 2–4 years of relevant experience, a business/finance degree, and knowledge of AML tools like Verafin; ACAMS

Qualifications

• Minimum of 2 to 4 years of relevant experience with requisite competencies.
• Bachelor’s degree in Business, Finance, or related field.
• Relevant certifications (ACAMS) are preferred, not required.
• Proficiency in transaction monitoring systems (i.e. Verafin, EY Cognitive Investigator)
• Experience with analytics tools (i.e. Monday.com, Quickbase)
• Strong understanding of BSA/AML regulations and best practices.
• Prior experience within a Sr. Analyst and/or Team Lead transaction monitoring, BSA/AML role.

Responsibilities

• Lead a team of analysts responsible for managing transaction monitoring processes within the core bank or Baas function.
• Ensure compliance with regulatory requirements and mitigate risks related to money laundering and other financial crimes.
• Conduct FIU critical activities including alert clearing, case investigation, SAR decisions, CTR filing, and 314a/314b responses.
• Conduct in-depth investigations into flagged transactions and collaborate with law enforcement or regulatory agencies when necessary.
• Analyze large datasets to identify trends, anomalies, and potential red flags; prepare reports for senior management.
• Identify opportunities for automation and process improvements.

Skills

AML compliance

Regulatory knowledge

Team leadership

Education

Bachelor’s degree in Business, Finance, or related field

Tools

Verafin

EY Cognitive Investigator

Monday.com

Quickbase

Job description

Choice Financial Group in Minnesota is seeking a Financial Intelligence Unit Leader to guide a team of analysts responsible for transaction monitoring within our core bank and BaaS functions. You will ensure AML regulatory compliance, lead investigations of suspicious activity, and coordinate with law enforcement when necessary, while driving process improvements.

The role requires 2–4 years of relevant experience, a business/finance degree, and knowledge of AML tools like Verafin; ACAMS