Financial Crimes Officer

Description

Bring your investigative expertise to Lake Ridge Bank as a Financial Crimes Officer, where you’ll serve as a key resource in the Bank’s efforts to identify, investigate, and mitigate fraud and financial crime risks. You’ll take on complex investigations, analyze emerging trends, administer legal processes, support AML/CFT investigations, and partner across the organization to provide meaningful fraud-risk insights. This role is ideal for an experienced professional who thrives on critical thinking, collaboration, and getting to the heart of complex financial activity.

• Conduct complex investigations involving fraud, suspicious activity, elder financial exploitation, account takeover, identity theft, and other financial crimes.
• Gather, analyze, and document information to support investigative findings and corrective actions.
• Coordinate with business units, law enforcement, peer institutions, and external partners regarding investigations and recovery efforts.
• Identify fraud trends, emerging threats, control weaknesses, and financial crime risks affecting the Bank and its customers.
• Provide subject matter expertise regarding fraud prevention, detection, investigation, and recovery efforts.

• Monitor fraud losses, recoveries, investigative trends, and fraud-risk indicators.
• Prepare reporting, analytics, and trend information for management and Board reporting.
• Support fraud risk assessments and recommend control improvements based on investigative findings and emerging threats.
• Assist management in evaluating fraud mitigation strategies and program effectiveness.

• Support fraud awareness and scam-prevention initiatives for associates.
• Develop fraud-awareness materials and communicate emerging fraud trends and prevention techniques.
• Participate in quality assurance reviews involving fraud investigations and related documentation.
• Identify process improvement opportunities and recommend changes to strengthen fraud controls.
• Maintain documentation standards, investigative procedures, and department job aids as assigned.

• Assist with AML/CFT monitoring, suspicious activity investigations, OFAC reviews, and related compliance activities.
• Support examinations, audits, remediation efforts, and special projects as assigned.
• Collaborate with the AML/CFT Officer regarding suspicious activity, regulatory reporting, and financial crime investigations.
• Provide continuity support for designated AML/CFT functions as assigned.

• Coordinate the administration of subpoenas, search warrants, summonses, and other authorized legal requests.
• Gather and organize responsive records and maintain appropriate documentation.
• Coordinate with Legal Counsel, internal departments, law enforcement, and other authorized parties as needed.
• Ensure legal requests are completed accurately, timely, and in accordance with applicable requirements.

• Serve as a subject matter resource regarding fraud investigations, financial crime trends, and legal process administration.
• Provide guidance and support to Financial Crimes Analysts.
• Assist with quality assurance activities, training initiatives, technology implementations, department projects, and process improvements.
• Maintain department procedures, documentation, and job aids.

• Support the Bank's leadership philosophy and professional development initiatives.
• Participate in internal and external training opportunities.
• Exercise sound judgment and maintain confidentiality.
• Perform other duties and special projects as assigned.