Gate City Bank
SVP of Financial Crimes
Gate City Bank, Fargo, North Dakota, us, 58126
LocationFargo Corporate OfficeJob Description:Join Our Team as a SVP of Financial Crimes at Gate City Bank!Are you passionate about banking? Do you thrive in an environment where innovation is encouraged and excellence is celebrated? If so, Gate City Bank is looking for someone just like YOU to join our dynamic team!Why Gate City Bank?At Gate City Bank, we're more than just a financial institution - we're a community-focused organization dedicated to leaving a positive impact. Gate City Bank empowers our team members to live out our mission. Here's why you'll love working with us:Make a Difference:
We believe in giving back to our community through our Acts of Kindness including volunteerism and philanthropic giving. When you work with us, you're part of something bigger than banking - you're part of a movement to create positive change.
Customer Obsession:
Our customers are at the heart of everything we do. We're committed to consistently listening to their needs and exceeding their expectations with personalized experiences that delight and enhance their lives.
Be a Leader:
Integrity, honesty, and financial leadership are the cornerstones of our organization. As a member of our team, you'll have the opportunity to lead with integrity and contribute to our competitive products, services, and experiences.
Embrace Innovation:
We foster a culture of innovation where curiosity is encouraged, and creativity is celebrated. As a data-guru mindset cultivator, you'll have the chance to challenge the status quo, experiment with new ideas, and drive positive change that supports our bank's goals.
Sense of Urgency:
In today's fast-paced world, acting with a sense of urgency is crucial. At Gate City Bank, we proactively initiate positive change to remain a financial leader in our industry, and we're looking for individuals who share our commitment to making a difference.
Commitment to Compliance:
We hold ourselves to the highest standards of compliance and governance in everything we do. When you join our team, you'll be accountable for upholding these standards and contributing to a culture of excellence.
Job Responsibilities:This senior leadership level position is responsible for providing leadership, direction, governance, and oversight for the BSA (Bank Secrecy Act)/AML (Anti-Money Laundering)/OFAC (Office of Foreign Assets Control) Compliance Program, Fraud Risk Management, Debit Card Dispute and Debit Card Fraud Risk Management Program(s) of Gate City Bank. Responsible for monitoring and reviewing compliance with BSA, AML, OFAC, and consumer compliance laws and regulations ensuring adherence to industry standards and regulatory guidance. This position must assess relevant risks industry trends (BSA/AML/OFAC and Fraud), regulatory guidance, best practices, and continuously improve processes to proactively meet changing financial crime threats. Provide oversight of the Fraud Risk Management Program to all operational risk requirements that intersects with fraud and prevention such as supporting model risk management, business change, payment risk, and loss event/root cause reporting. Provides strategic leadership and support. This position works across all levels of the organization to understand cross-functional linkages and interdependencies, as well as the implications of risk at both the strategic and business levels. As needed this position may also serve as a delegate to the BSA/OFAC Officer.Your essential functions will include:LEADERSHIP EXPECTATIONS:Have a sense of urgency.
Collaborate with open and transparent communication to inspire and motivate.
Be a Thought Leader by identifying customer patterns and expectations and then act on innovative ideas, be forward-thinking, and assure the Bank stands out from the crowd.
Embrace innovation by being a disruptor for change, exploring new ways and ideas, and challenging the status quo.
Institute career development of self and team members to include self-awareness, career vision, goal setting, and skill development.
Be accountable.
Live and support the mission, vision, and values of the Bank and be an active participant in the community.
Take initiative, show interest, anticipate needs, and keep transformation moving forward.
BSA/AML/OFAC:Lead, maintain, update and oversee and provide leadership and strategic vision for all aspects of the Bank's BSA/AML/OFAC Programs in a manner that fulfills the mission and strategic goals of the Bank while complying with state and federal laws related to BSA/AML/OFAC compliance.
Development of robust BSA/AML/OFAC Policies, overseeing investigations into suspicious transactions, conducting risk assessments, and providing training on relevant BSA/AML/OFAC topics.
Lead the build-out metrics and prepare and present periodic and ad-hoc reports for the SVP of Operational Risk of BSA/AML/OFAC Program status and risks.
Responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types and transaction monitoring.
Lead, maintain, update, and oversee the BSA/AML/OFAC systems and models.
Fraud Risk Management:Lead, maintain, update and oversee and provide leadership and strategic vision for all aspects of the Fraud Risk Management Programs in a manner that fulfills the mission and strategic goals of the Bank and manages an effective balance between customer friction, fraud mitigation and revenue considerations.
Lead and develop fraud policies and strategies proactively to minimize fraud risk while maintaining satisfactory customer experience and ensuring alignment with fraud risk appetite thresholds.
Provide oversight of the enterprise fraud program to all operational risk requirements that intersect with fraud and prevention such as supporting model risk management, business change, payment risk, and loss event/root cause reporting.
Lead, develop, implement, and monitor strategies/systems for the minimization of fraud across the organization.
Lead, maintain, update, and oversee the Fraud systems and models.
Manage cross-functional resources to develop and maintain rules, machine learning models, and data sources that ensure quick identification of fraud attacks and customer impacts.
Lead the build-out metrics and prepare and present periodic and ad-hoc reports for the SVP of Operational Risk of Fraud Risk Management and Debit Card Dispute Program status and risks.
Develop customer and team member facing fraud awareness initiatives in collaboration with other functional areas.
Debit Card Dispute Program:Lead, maintain, update and oversee and provide leadership and strategic vision for the Debit Card Dispute Program.
Ensure an effective process in place to maintain Regulation E Compliance and adherence to Mastercard/Visa Rules.
Other:Ability to take initiative, analyze, summarize, and communicate effectively, investigate, identify issues, impacts and trends to propose comprehensive solutions.
Multitask effectively and action matters promptly work independently and in a team environment.
Handle highly confidential information with appropriate discretion work in a high volume, fast-paced environment; and work in a matrixed organization, leveraging resources across the organization to complete deliverables.
Perform management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing, and developing team members, identifying, and managing risks, and completing daily management tasks.
Comprehension of relevant financial crime laws, regulations, and industry guidelines.
Strong knowledge of banking products and services.
Ability to manage and prioritize multiple projects simultaneously.
Ability to balance regulatory/policy requirements with business realities.
Ability to work independently and under pressure to manage deadlines.
Strong influence and leadership skills.
Must have analytical inquisitiveness and problem-solving ability.
Demonstrated ability to think strategically and 'connect the dots' yet remain detail-oriented.
Forward-compatible mindset, with the desire to leverage technology to improve analytics.
Draft communications, guidance, policies, and procedures to ensure awareness and compliance with relevant regulations.
Highly collaborative with a leading ability to build credible and trusting relationships across key stakeholders across multiple levels of the organization.
Demonstrated ability to interact with senior audiences, as well as second/third lines of defense and regulators.
Effective negotiation and influencing skills, including the ability to build a broad base of support among key decision makers and stakeholders.
Ability to think strategically and systemically.
Develops, collaborates, recommends, and achieves the approval annual budget for the division.
Participates in planning, development, implementation, and evaluation of strategic business and performance goals of the responsible areas.
Exhibit 'Brilliant at the Basics' customer service skills and the ability to develop and maintain productive relationships with colleagues, management, and clients.
To provide expected levels of service to Gate City Bank customers, co-workers, and vendors, prompt and reliable attendance is an essential function of this position.
Must comply with all Gate City Bank policies, procedures, applicable laws, and regulations.
Ability to make decisions in a fast-paced environment.
Ability to maintain composure in stressful situations, including resolving problems or concerns with potentially upset customers.
SUPERVISORY RESPONSIBILITIES:Responsible for the overall direction, coordination, and evaluation of the department. Carries out supervisory responsibilities in accordance with the Bank's policies and applicable laws.
Leverage strengths of the team members, help to clarify roles and responsibilities, and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.
Responsibilities include interviewing, hiring, training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Ensures staff is kept current on issues affecting job-related duties, responsibilities, and trends on a consistent basis.
Trains the organization on key BSA/AML/OFAC risks.
May serve as the Bank's delegate BSA (Bank Secrecy Act) Officer.
May serve as the Bank's delegate OFAC (Office of Foreign Assets Control) Officer.
Qualifications:To succeed in this role, you'll need:Bachelor's Degree required in Business, Finance, Compliance, Financial Crime, Accounting, or related field desired; Master's Degree Preferred; Minimum of 15 years of financial institution experience; 10 years of compliance, BSA/AML/OFAC, fraud, or risk management experience; or equivalent combination of education and experience. At least 10 years of leadership with at least 25 direct reports. At least one of the following certifications are required Certified Regulatory Compliance Manager certification (CRCM), Certified Enterprise Risk Professional (CERP), Certified Anti-Money Laundering and Fraud Professional (CAFP), or Certified Anti-Money Laundering Specialist (CAMS).
Must have excellent verbal and written communication skills. Self-motivated with a strong work ethic and a team player disposition. Strong attention to detail.
Join Us:If you're ready to take your career to the next level and make a meaningful impact in a dynamic and innovative environment, we want to hear from you! Apply now to join our team at Gate City Bank and be part of something truly special. Together, we'll continue to lead with integrity, embrace innovation, and make a difference in the lives of our customers and communities!EOE/including Disability/VetsMember FDIC
#J-18808-Ljbffr
We believe in giving back to our community through our Acts of Kindness including volunteerism and philanthropic giving. When you work with us, you're part of something bigger than banking - you're part of a movement to create positive change.
Customer Obsession:
Our customers are at the heart of everything we do. We're committed to consistently listening to their needs and exceeding their expectations with personalized experiences that delight and enhance their lives.
Be a Leader:
Integrity, honesty, and financial leadership are the cornerstones of our organization. As a member of our team, you'll have the opportunity to lead with integrity and contribute to our competitive products, services, and experiences.
Embrace Innovation:
We foster a culture of innovation where curiosity is encouraged, and creativity is celebrated. As a data-guru mindset cultivator, you'll have the chance to challenge the status quo, experiment with new ideas, and drive positive change that supports our bank's goals.
Sense of Urgency:
In today's fast-paced world, acting with a sense of urgency is crucial. At Gate City Bank, we proactively initiate positive change to remain a financial leader in our industry, and we're looking for individuals who share our commitment to making a difference.
Commitment to Compliance:
We hold ourselves to the highest standards of compliance and governance in everything we do. When you join our team, you'll be accountable for upholding these standards and contributing to a culture of excellence.
Job Responsibilities:This senior leadership level position is responsible for providing leadership, direction, governance, and oversight for the BSA (Bank Secrecy Act)/AML (Anti-Money Laundering)/OFAC (Office of Foreign Assets Control) Compliance Program, Fraud Risk Management, Debit Card Dispute and Debit Card Fraud Risk Management Program(s) of Gate City Bank. Responsible for monitoring and reviewing compliance with BSA, AML, OFAC, and consumer compliance laws and regulations ensuring adherence to industry standards and regulatory guidance. This position must assess relevant risks industry trends (BSA/AML/OFAC and Fraud), regulatory guidance, best practices, and continuously improve processes to proactively meet changing financial crime threats. Provide oversight of the Fraud Risk Management Program to all operational risk requirements that intersects with fraud and prevention such as supporting model risk management, business change, payment risk, and loss event/root cause reporting. Provides strategic leadership and support. This position works across all levels of the organization to understand cross-functional linkages and interdependencies, as well as the implications of risk at both the strategic and business levels. As needed this position may also serve as a delegate to the BSA/OFAC Officer.Your essential functions will include:LEADERSHIP EXPECTATIONS:Have a sense of urgency.
Collaborate with open and transparent communication to inspire and motivate.
Be a Thought Leader by identifying customer patterns and expectations and then act on innovative ideas, be forward-thinking, and assure the Bank stands out from the crowd.
Embrace innovation by being a disruptor for change, exploring new ways and ideas, and challenging the status quo.
Institute career development of self and team members to include self-awareness, career vision, goal setting, and skill development.
Be accountable.
Live and support the mission, vision, and values of the Bank and be an active participant in the community.
Take initiative, show interest, anticipate needs, and keep transformation moving forward.
BSA/AML/OFAC:Lead, maintain, update and oversee and provide leadership and strategic vision for all aspects of the Bank's BSA/AML/OFAC Programs in a manner that fulfills the mission and strategic goals of the Bank while complying with state and federal laws related to BSA/AML/OFAC compliance.
Development of robust BSA/AML/OFAC Policies, overseeing investigations into suspicious transactions, conducting risk assessments, and providing training on relevant BSA/AML/OFAC topics.
Lead the build-out metrics and prepare and present periodic and ad-hoc reports for the SVP of Operational Risk of BSA/AML/OFAC Program status and risks.
Responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk client types and transaction monitoring.
Lead, maintain, update, and oversee the BSA/AML/OFAC systems and models.
Fraud Risk Management:Lead, maintain, update and oversee and provide leadership and strategic vision for all aspects of the Fraud Risk Management Programs in a manner that fulfills the mission and strategic goals of the Bank and manages an effective balance between customer friction, fraud mitigation and revenue considerations.
Lead and develop fraud policies and strategies proactively to minimize fraud risk while maintaining satisfactory customer experience and ensuring alignment with fraud risk appetite thresholds.
Provide oversight of the enterprise fraud program to all operational risk requirements that intersect with fraud and prevention such as supporting model risk management, business change, payment risk, and loss event/root cause reporting.
Lead, develop, implement, and monitor strategies/systems for the minimization of fraud across the organization.
Lead, maintain, update, and oversee the Fraud systems and models.
Manage cross-functional resources to develop and maintain rules, machine learning models, and data sources that ensure quick identification of fraud attacks and customer impacts.
Lead the build-out metrics and prepare and present periodic and ad-hoc reports for the SVP of Operational Risk of Fraud Risk Management and Debit Card Dispute Program status and risks.
Develop customer and team member facing fraud awareness initiatives in collaboration with other functional areas.
Debit Card Dispute Program:Lead, maintain, update and oversee and provide leadership and strategic vision for the Debit Card Dispute Program.
Ensure an effective process in place to maintain Regulation E Compliance and adherence to Mastercard/Visa Rules.
Other:Ability to take initiative, analyze, summarize, and communicate effectively, investigate, identify issues, impacts and trends to propose comprehensive solutions.
Multitask effectively and action matters promptly work independently and in a team environment.
Handle highly confidential information with appropriate discretion work in a high volume, fast-paced environment; and work in a matrixed organization, leveraging resources across the organization to complete deliverables.
Perform management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing, and developing team members, identifying, and managing risks, and completing daily management tasks.
Comprehension of relevant financial crime laws, regulations, and industry guidelines.
Strong knowledge of banking products and services.
Ability to manage and prioritize multiple projects simultaneously.
Ability to balance regulatory/policy requirements with business realities.
Ability to work independently and under pressure to manage deadlines.
Strong influence and leadership skills.
Must have analytical inquisitiveness and problem-solving ability.
Demonstrated ability to think strategically and 'connect the dots' yet remain detail-oriented.
Forward-compatible mindset, with the desire to leverage technology to improve analytics.
Draft communications, guidance, policies, and procedures to ensure awareness and compliance with relevant regulations.
Highly collaborative with a leading ability to build credible and trusting relationships across key stakeholders across multiple levels of the organization.
Demonstrated ability to interact with senior audiences, as well as second/third lines of defense and regulators.
Effective negotiation and influencing skills, including the ability to build a broad base of support among key decision makers and stakeholders.
Ability to think strategically and systemically.
Develops, collaborates, recommends, and achieves the approval annual budget for the division.
Participates in planning, development, implementation, and evaluation of strategic business and performance goals of the responsible areas.
Exhibit 'Brilliant at the Basics' customer service skills and the ability to develop and maintain productive relationships with colleagues, management, and clients.
To provide expected levels of service to Gate City Bank customers, co-workers, and vendors, prompt and reliable attendance is an essential function of this position.
Must comply with all Gate City Bank policies, procedures, applicable laws, and regulations.
Ability to make decisions in a fast-paced environment.
Ability to maintain composure in stressful situations, including resolving problems or concerns with potentially upset customers.
SUPERVISORY RESPONSIBILITIES:Responsible for the overall direction, coordination, and evaluation of the department. Carries out supervisory responsibilities in accordance with the Bank's policies and applicable laws.
Leverage strengths of the team members, help to clarify roles and responsibilities, and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.
Responsibilities include interviewing, hiring, training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Ensures staff is kept current on issues affecting job-related duties, responsibilities, and trends on a consistent basis.
Trains the organization on key BSA/AML/OFAC risks.
May serve as the Bank's delegate BSA (Bank Secrecy Act) Officer.
May serve as the Bank's delegate OFAC (Office of Foreign Assets Control) Officer.
Qualifications:To succeed in this role, you'll need:Bachelor's Degree required in Business, Finance, Compliance, Financial Crime, Accounting, or related field desired; Master's Degree Preferred; Minimum of 15 years of financial institution experience; 10 years of compliance, BSA/AML/OFAC, fraud, or risk management experience; or equivalent combination of education and experience. At least 10 years of leadership with at least 25 direct reports. At least one of the following certifications are required Certified Regulatory Compliance Manager certification (CRCM), Certified Enterprise Risk Professional (CERP), Certified Anti-Money Laundering and Fraud Professional (CAFP), or Certified Anti-Money Laundering Specialist (CAMS).
Must have excellent verbal and written communication skills. Self-motivated with a strong work ethic and a team player disposition. Strong attention to detail.
Join Us:If you're ready to take your career to the next level and make a meaningful impact in a dynamic and innovative environment, we want to hear from you! Apply now to join our team at Gate City Bank and be part of something truly special. Together, we'll continue to lead with integrity, embrace innovation, and make a difference in the lives of our customers and communities!EOE/including Disability/VetsMember FDIC
#J-18808-Ljbffr