High Risk Manager

The BSA High Risk Manager is responsible for leading the Bank’s High Risk Unit and overseeing all high-risk customer review activities to ensure compliance with BSA/AML, USA PATRIOT Act, OFAC, and other applicable regulatory requirements. This position manages the high-risk review process, conducts quality assurance oversight, provides guidance on complex AML investigations, and serves as a key resource for identifying and mitigating financial crime risk.

The ideal candidate will have extensive experience in BSA/AML compliance, high-risk customer reviews, enhanced due diligence (EDD), OFAC compliance, and AML investigations within a banking environment. This role requires strong leadership skills, sound judgment, analytical expertise, and the ability to manage multiple priorities while ensuring regulatory compliance and operational excellence.

• Lead and oversee the daily operations of the High Risk Unit.
• Manage the distribution and assignment of high-risk customer portfolios.
• Ensure timely completion of all quarterly, annual, and ongoing High Risk Reviews.
• Perform quality assurance reviews of completed High Risk Reviews and investigative work.
• Review and approve requests for information, customer documentation, and escalation recommendations.
• Conduct complex investigations involving unusual or suspicious activity.
• Identify, assess, and mitigate AML, OFAC, sanctions, and financial crime risks.
• Oversee enhanced due diligence (EDD) reviews for high-risk customers and lending relationships.
• Review and update High Risk Review procedures to align with regulatory expectations and industry best practices.
• Provide AML guidance and support to business units and bank personnel.
• Mentor and develop team members on investigative techniques, transaction analysis, and money laundering typologies.
• Analyze customer activity, transactional behavior, geographic risks, and industry-specific risks.
• Review and approve potential OFAC matches when acting as the BSA Officer’s designee.
• Maintain compliance with BSA, AML, USA PATRIOT Act, OFAC, and other applicable regulations.
• Support regulatory examinations, audits, and compliance reviews.
• Prepare reports, findings, and recommendations for senior management.
• Participate in special projects and perform additional duties as assigned by the BSA/AML Officer.

• Minimum 5 years of BSA/AML experience within a banking environment required.
• Experience managing or overseeing High Risk Reviews required.
• Strong knowledge of BSA, AML, USA PATRIOT Act, OFAC, and related regulatory requirements.
• Experience conducting enhanced due diligence (EDD) reviews and investigations.
• Strong understanding of money laundering typologies, sanctions compliance, and suspicious activity indicators.
• Experience performing quality control or quality assurance reviews within a BSA/AML department.
• Knowledge of high-risk industries including MSBs, MRBs, broker/dealers, precious metals, and other complex customer types.
• Strong analytical, investigative, and problem-solving skills.
• Experience analyzing financial transactions, account activity, and customer risk profiles.
• Ability to manage multiple deadlines and priorities in a fast-paced environment.
• Excellent written and verbal communication skills.
• Strong proficiency with Microsoft Office and AML research tools.
• CAMS certification preferred.
• Prior leadership or supervisory experience preferred.