Senior AML Risk Leader: High-Risk Compliance

Cathay Bank in; Monterey Park (CA); On-site; USD 95,000 - 110,000; Full time

Benefits offered by this job

Discretionary bonus

Comprehensive benefits

Job summary

Cathay Bank is seeking a VP, High Risk Industry AML Manager to design, execute, and oversee the Enhanced Due Diligence framework for complex, high-risk segments. You will lead a specialized unit mitigating money laundering and sanctions risks across MRBs, EB-5, and TPPP, ensuring compliance with BSA, Patriot Act, FinCEN, and federal regs.

You will guide onboarding, periodic reviews, and monitoring activities, supervise a team of Senior EDD Analysts, and act as SME during audits and regulatory

Qualifications

• Bachelor's degree in finance, business, criminal justice.
• CAMS certification is strictly required.
• 5–7+ years of banking compliance/AML experience with 2–3 years in supervisory roles directly managing high-risk portfolios.

Responsibilities

• Oversee MRB compliance onboarding and monitoring.
• Lead EB-5 investor program surveillance with SOF/POF verification.
• Manage Third-Party Payment Processors risk and KYC programs.
• Supervise Senior EDD Analysts and Investigators.
• Sign-off on high-risk customer risk ratings and escalation memos.

Skills

Team leadership

Regulatory knowledge

Analytical skills

Education

Bachelor's degree in finance, business, criminal justice

Tools

AML monitoring software

Job description

Cathay Bank is seeking a VP, High Risk Industry AML Manager to design, execute, and oversee the Enhanced Due Diligence framework for complex, high-risk segments. You will lead a specialized unit mitigating money laundering and sanctions risks across MRBs, EB-5, and TPPP, ensuring compliance with BSA, Patriot Act, FinCEN, and federal regs.

You will guide onboarding, periodic reviews, and monitoring activities, supervise a team of Senior EDD Analysts, and act as SME during audits and regulatory