Job Details

Overview

Senior Manager, AML Financial Intelligence Unit at SoFi. This role oversees a team of FIU Investigators conducting independent reviews and analysis of potential suspicious AML/Fraud activity and is responsible for coaching and training, including holistic reviews of work product within SoFi case management systems for cryptocurrency and traditional finance, in support of investigations and dispositions. The Manager will conduct regular one-on-ones and review and approve SAR filings as applicable.

Responsibilities

• Manage a team of FIU Investigators to evaluate AML/Fraud alerts and cases, determine risk relevance, and decide whether a SAR filing is warranted. 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 of ongoing transaction monitoring and wallet screening programs.
• Collaborate with FIU Investigators to identify training needs, performance gaps, process improvements, and provide recommendations to management.
• Maintain a thorough understanding of AML and Fraud typologies related to retail banking, brokerage, and virtual currency assets.
• Collaborate with Senior Management on ongoing projects to enhance the AML program, especially regarding AML investigations of virtual currency.
• Assist in developing and maintaining procedures and training materials to guide the AML investigation process.
• Drive strategic initiatives by creating robust processes, procedures, and training materials to enhance AML investigations surrounding blockchain and cryptocurrency activity, aligned with SoFi's compliance standards.
• Provide consultative and value-added support to business partners on compliance policies and procedures.

Qualifications

• Bachelor's Degree from a four-year college or university in a related field.
• 6+ years of experience in AML and Fraud Compliance Investigations, with a minimum of 2 years of direct management experience.
• Minimum of 4 years in cryptocurrency-related AML transaction monitoring.
• Demonstrated ability to communicate effectively with all levels of the organization and across different business lines.
• Ability to lead and manage direct reports, including training, mentoring, and counseling.
• Strong leadership and management skills that build solid working relationships within the organization.
• Excellent working knowledge of BSA/AML laws and regulations relative to money laundering and terrorist financing, especially with regard to virtual assets, and the ability to apply this knowledge in assessing transaction activity.
• Comprehensive understanding of each phase of an FIU Investigation (e.g., alerts, case investigation, Suspicious Activity Reports, controls, reporting, etc.).
• Strong attention to detail and analytical skills, with a focus on quality reviews.

Specific skills

• 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.
• Ability to multitask, adapt 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.

Nice to have

• Experience with conducting transaction monitoring investigations using Chainalysis or TRM Labs.
• CAMS or similar certification preferred (or willingness to become certified within one year of start date).

Compensation And Benefits

The base pay range for this role is $131,200.00/yr – $225,500.00/yr. Final base pay offer will be determined based on individual factors such as experience, skills, and location. This role includes comprehensive benefits; for details, see the Benefits page. SoFi is an equal employment opportunity employer and participates in affirmative action where required by law.

SoFi is committed to an inclusive culture. If you need accommodations to participate in the job application or interview process, please contact your recruiter or email ...@sofi.com.

Job details

• Seniority level: Not Applicable
• Employment type: Full-time
• Job function: Finance and Sales

Note: This posting may include information about other roles and locations; for current openings and details, refer to the internal job board for current employees.