Fifth Third Bank

Financial Crimes Risk Manager – Crypto

Fifth Third Bank

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $94,500 - $203,200 per year

Job Level

Mid-LevelSenior

About the role

  • Facilitate development and implementation of the Bancorp's Financial Crimes Compliance programs
  • Oversee the Bancorp's Financial Crimes programs and ensure compliance with Federal laws, regulations and industry standards
  • Evaluate efficiency and effectiveness of existing programs, processes, and controls and propose/implement solutions
  • Develop and implement controls for higher risk customer types, including VASPs, and provide ongoing support for these customers
  • Collaborate with first line of defense, line of business management, and corporate partners to ensure compliance
  • Review and enhance line of business customer due diligence and customer risk rating methodology and scoring
  • Provide targeted AML and OFAC training to business unit staff
  • Liaise with regulators as appropriate and communicate significant issues to senior management
  • Analyze data by delivery channel, geography, product type, and employee to identify risks and recommend scope for review and corrective action
  • Develop and execute strategies for closing performance gaps and report findings to Senior Management
  • Provide leadership, coaching, and supervision; lead special projects and contribute to risk assessments
  • Adhere to Bank Secrecy Act, OFAC, CIP and related reporting and record keeping requirements

Requirements

  • Bachelor's degree or equivalent work experience required
  • In-depth understanding of digital assets/ crypto currency
  • Five years of related work experience, preferably with a BSA/AML compliance department, internal audit, regulated FinTech, or regulatory agency
  • CAMS certification a plus
  • Demonstrates working or functional proficiency with Microsoft Office Suite
  • Able to understand and conceptualize basic statistical analysis and theories
  • Solid experience in manipulating (validating, correcting, reformatting, and transforming) data into more than one format (e.g. spreadsheets, flat files, databases, etc.)
  • Strong analytical skills required to gather, assess and present quantitative and qualitative data
  • Ability to develop and support conclusions and make practical recommendations to the business Lines and/or Affiliates
  • Ability to develop and implement controlled, systematic step-by-step processes based on guidance and procedures
  • Ability to work independently and in a team to plan and accomplish a project, identifying responsibilities, tasks, deadlines and pursuing their timely completion
  • Ability to work with other units such as Legal, Audit, or Business Unit to identify and solve problems
  • Advanced understanding of the operations and inter dependencies of the Affiliates and Bancorp
  • Excellent oral and written communication skills