FIU Team Lead/Fraud Investigations (Remote Capability)

South State Bank Wilmington , NC 28412

Posted 2 weeks ago

SUMMARY/OBJECTIVES

The FIU Team Lead/Fraud Investigations supports SouthState Bank's enterprise-wide FIU protocols to ensure all

regulatory expectations are met and fraud losses are minimized to the extent reasonably possible. The FIU Team

Lead will be responsible for overseeing execution of the fraud investigation related functions and performance of

team members under his or her supervision. Specifically, this individual will manage a team responsible for

investigating various external fraud scenarios and providing relevant data to the FIU Surveillance team to decision

and file suspicious activity reports (SAR). He/she will work collaboratively with other FIU staff to ensure quality and

continuity of fraud investigations, regulatory timeliness, and adherence to department procedures.

In this role, the Team Lead manages the daily activities of the employees within the assigned group, provides

direction, sets goals, and ensures department goals are attained. The Team Lead also assists with addressing

questions and concerns arising from outside of the department as necessary.

ESSENTIAL FUNCTIONS

  • Manage a team of employees responsible for completing fraud investigations related to external fraud

schemes.

  • Conduct case reviews to ensure accurate case narratives and case documentation.

  • Identify and recommend process improvements to streamline the investigations process and workflow.

  • Provide daily leadership of the FIU Analysts by providing direction, answering inquiries regarding reviews,

and promoting a positive working environment to assist Analysts in professional growth in their roles.

  • Assist with complex external fraud investigations including, but not limited to, counterfeit check fraud, ACH

fraud, debit card fraud, wire fraud, and identity theft.

  • Work independently on assigned tasks and responsibilities of the team.

  • Ensure that tasks are assigned and completed on schedule.

  • Ensure the duties of the FIU Analysts are performed as expected.

  • Review/update job specific procedures related to the FIU Analysts to ensure current procedures are

documented and being followed.

  • Conduct quality control reviews of completed assignments to ensure any outstanding exceptions or issues

are addressed and resolved appropriately.

  • Act as a technical resource for the FIU Manager/Fraud and business lines for matters pertaining to fraud

related transactions and workflow processes.

  • Provide Manager with regular updates as requested on group performance, tasks, and any issues as they

arise.

  • Escalate high profile, high risk and sensitive fraud activity to management when necessary.

  • Assist in projects as may be assigned.

2

  • Maintain proficiency in all aspects of BSA/AML compliance; attend FIU training as assigned by the Chief BSA

Officer.

  • Adhere to all provisions of South State Bank policies and procedures, including the confidentiality policy,

code of ethics and BSA/AML/OFAC policies and procedures.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

COMPETENCIES

  • Knowledge and understanding of BSA/AML statutes and regulations in general.

  • Strong knowledge of fraud typologies and associated bank fraud schemes.

  • Familiarity with payment types and flows, bank systems and operations in general.

  • Exceptional communication and presentation skills.

  • Strong business problem-solving mindset with a proven track record of process improvement changes that

positively affect business outcomes.

  • Comfortable working in a high pressure, fast paced and dynamic environment with shifting priorities

based on fraud threats.

  • Self-motivated, dependable, adaptable, and detail-oriented individual with analytical, writing and

organizational skills.

  • Ability to read, analyze and interpret Federal and State banking statutes and regulations related to the Bank

Secrecy Act and fraud related provisions.

  • Ability to write reports and business correspondence.

  • Advanced computer skills (spreadsheet and word processing) with a focus on Excel; knowledge of and ability

to use internal bank systems; self-starter; excellent written and oral communication skills; excellent

organizational skills.

QUALIFICATIONS, EDUCATION AND CERTIFICATION REQUIREMENTS

  • Education: High school degree required; college degree preferred.

  • Experience: Minimum of 5 years of experience in one or a combination of the following: fraud, Bank Secrecy

Act compliance, anti-money laundering, or investigations of financial crimes transactions in a depository

institution. Minimum 3 years supervisory or management experience.

  • Certifications/Specific Knowledge: CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP

(Certified AML and Fraud Professional) and/or CFE (Certified Fraud Examiner) certification preferred.

TRAINING REQUIREMENTS/CLASSES

Required annual compliance training; New Employee Orientation

PHYSICAL DEMANDS

Must be able to effectively access and interpret information on computer screens, and in a variety of documents,

reports, spreadsheets, images and transaction monitoring platforms. This position requires a large amount of time

in front of a computer.

WORK ENVIRONMENT

Telecommuting roles, no matter if hybrid or 100% full time telecommuting, must have a secure home office

environment that is free from background noise and distractions. Telecommuters must also have a reliable private

internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred.

Requirements are subject to change, as new systems and technology is delivered. Travel may be required to come

to meetings as needed.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Commercial Construction Admin Specialist (Remote Capability)

South State Bank

Posted 2 weeks ago

VIEW JOBS 11/22/2022 12:00:00 AM 2023-02-20T00:00 <p>SUMMARY/OBJECTIVES</p><p>Works with Loan Administration, Credit Risk, and Commercial Lending to manage the Bank's risk as it relates to the commercial construction portfolio.</p><p>ESSENTIAL FUNCTIONS</p><ul><li><p>Primarily responsible for ensuring accurate and timely processing of commercial construction loan draws in accordance with policy and procedures to ensure efficient, high quality loan processing.</p></li><li><p>Primary contact responsible for review and approval of commercial construction loan draws and budget monitoring.</p></li><li><p>Responsible for processing loan draws and ensuring all projects remain on time and within budget as well as the reporting and tracking of the commercial construction portfolio to include management of the HVCRE designated loans.</p></li><li><p>Within the management of construction process, will review and validate the inspection report and all invoices to determine validity of costs and that requested amounts are applicable to provide an advance approval decision to the Lender. Based on the results of each appraisal and draw review, the role is to decision an approval on each draw request or to adjust that request downward based on supportable evidence or lack thereof. The project status should be monitored on a continual basis for cost increases and change orders and determine if the budget is sufficient to complete by either reallocating funds between existing budget line item availability or requiring an additional injection of Borrower equity. Should additional equity be required, any alternative request to delay or adjust the timing of such injection must be reviewed and decisioned or escalated for an additional approval.</p></li><li><p>Responsible for collecting, reviewing, and managing all documents required for draw releases including obtaining adequate lien releases, surveys, insurance, change orders, etc In order to authorize the advance of loan funds as well as track all equity injections.</p></li><li><p>Maintain a detailed workbook of the project budget along with supporting documentation in an organized and logical manner.</p></li><li><p>Ongoing training/coaching of Lenders to ensure a smooth construction process.</p></li><li><p>Responsible for final code conversion for proper reporting as the loan transitions for a construction loan to a term loan.</p></li><li><p>Responsible for ongoing project review to ensure early identification of any issues or potential issues related to the construction of the project that would delay completion or have a negative impact on the Bank's collateral position or repayment.</p></li></ul><p>ADDITIONAL RESPONSIBILITIES:</p><ul><li>Other special projects related to reporting, portfolio maintenance, or team support.</li></ul><p>OTHER DUTIES</p><ul><li>Accept other duties as assigned.</li></ul><p>COMPETENCIES</p><ul><li><p>Excel</p></li><li><p>Clear communication</p></li></ul><p>Qualifications and Education Requirements</p><ul><li><p>Education: College Degree</p></li><li><p>Experience: Min 3 years mortgage or commercial banking experience. Experience with loan closings and construction draw monitoring a plus.</p></li><li><p>Knowledge: Background/understanding of commercial construction, ability to manage multiple processes, multi-task, work in a fast paced environment, detail oriented. Strong verbal and written communication skills, ability to collaborate with business partners and customers to resolve issues and ensure projects remain within budget. Detail oriented with critical thinking and analytical analysis skills.</p></li></ul><p>Ability to identify potential issues and recommend change.</p><p>TRAINING REQUIREMENTS/CLASSES</p><p>On the job training and any additional training as needed (i.e. MS Excel, MS CRM, Report Writing and Processing Program, General Ledger and Financial Reporting Program and Core Processing System). Required annual compliance training.</p><p>RECOMMENDED ADDITIONAL TRAINING</p><p>New Employee Orientation, Product Knowledge Class</p><p>Supervisory Responsibility</p><p>This position has no supervisory responsibilities.</p><p>PHYSICAL DEMANDS/WORK ENVIRONMENT</p><p>Must be able sit for long periods of time. Must be able to effectively access and interpret information on computer screens, documents, and reports. Proficient in both an office setting and/or remote work location.</p><p>TRAVEL</p><p>This position does not require travel.</p><br> South State Bank Wilmington NC

FIU Team Lead/Fraud Investigations (Remote Capability)

South State Bank