DESCRIPTION

Position at SoFi

WHO WE ARE:

Shape a brighter financial future with us.
Together with our members, we’re changing the way people think about and interact with personal finance.
We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

SPECIFIC SKILLS IN:

• Experience with AML transaction monitoring, specifically with regard to cryptocurrency typologies (e.g., mixers, P2P exchanges, decentralized exchanges, Fraud using Cryptoasset ATMs).
• Administering anti-money laundering policies and procedures.
• Excellent organizational, verbal, written, and interpersonal skills are required.
• Must be able to multitask, adapt well to changing priorities, and effectively prioritize responsibilities to meet critical deadlines.
• Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure.
• Ability to work collaboratively and independently while managing projects and assignments.

THE ROLE:

The Manager, AML Financial Intelligence Unit (“FIU”) will be responsible for overseeing a team of FIU Investigators conducting independent reviews and analysis of potential suspicious AML/Fraud activity. The Manager will be responsible for coaching and training which may include conducting holistic reviews of the FIU Investigator’s work product within the SoFi case management systems for cryptocurrency and traditional finance in support of their investigations and dispositions. The Manager will also conduct regular one-on-ones and will be responsible for reviewing and approving SAR filings as applicable.

WHAT YOU’LL DO:

• Manage a team of FIU Investigators to evaluate whether AML/Fraud alerts and cases generated from manual and automated transaction monitoring are risk-relevant and whether a SAR filing is warranted. The Manager will ensure alert and case determinations are appropriate, fully supported, and clearly documented.
• Provide ongoing mentoring, coaching, and counseling to FIU Investigators to drive production and quality.
• Assist with the design, development and execution for the ongoing transaction monitoring and wallet screening programs.
• Work closely with FIU Investigators to identify training needs, performance gaps, project process improvement, and provide recommendations to management.
• Maintain a thorough comprehension of AML and Fraud typologies related to retail banking, brokerage, and virtual currency assets.
• Collaborate with Senior Management related to ongoing projects to further enhance the AML program, especially in regards to AML investigations of virtual currency.
• Assist in developing and maintaining procedures and training materials to guide the AML investigation process.
• Drive strategic initiatives while creating robust processes, procedures, and training materials to enhance AML investigations surrounding blockchain and cryptocurrency activity, to further align with SoFi’s compliance standards.
• Provide consultative and value-added support to business partners on compliance policies and procedures.