FIU Director Customer Risk

The South State story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond, we are known for combining personal relationships with forward‑thinking solutions.

We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships, and pursuing excellence. At South State, individual contributions are recognized, potential is cultivated, and team members are inspired to achieve their greater purpose. Your future begins here!

The FIU Director/Customer Risk supports South State Bank’s enterprise‑wide BSA/AML Program to ensure all regulatory requirements are met related to compliance with the onboarding, initial and ongoing monitoring and review of high and higher‑risk customer relationships. Responsibilities include the identification of high‑risk customers and relationships and the review and documentation of high‑risk activity.

It is the policy of South State Bank to comply with the Bank Secrecy Act (BSA), USA PATRIOT Act, and the requirements of the Office of Foreign Assets Control (OFAC), and other related anti‑money laundering/anti‑terrorist financing initiatives. The Bank has established a Bank Secrecy Act/ Anti‑Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC) Compliance Program, covering all requirements of the BSA, USA PATRIOT Act and OFAC rules and regulations.

Upon completion of required training, the Board of Directors of South State Bank shall hold each employee accountable for adhering to the established operating procedures and internal controls as set forth in the Bank’s BSA/AML/OFAC Program. Continued instances of non‑compliance or willful violation of law may result in disciplinary action, up to and including termination.

• Design and implement BSA/AML related customer risk program elements to support the identification and oversight of higher risk activities throughout the company.
• Maintain expertise in all industry segments, product types and services generally considered high risk from a BSA/AML perspective.
• Manage the unit workflow and ensure duties of staff are performed as expected; conduct periodic quality control reviews to ensure high risk reviews are properly documented and unusual activity referrals are generated as warranted.
• Collaborate with colleagues across the company, including the FIU management team, to protect SSB’s interests and advise the business lines on BSA/AML risk mitigation strategies, develop tools and methodologies to analyze, assess and monitor customer risk, contribute to key regulatory initiatives and report on customer risk exposures and metrics to enable an informed and strategic decision‑making process.
• Maintain working knowledge of correspondent banking, including Wolfsberg and FATF oversight and monitoring requirements as applicable; manage the monitoring of downstream bank customer activity to ensure appropriate risk classification, oversight and the identification of unusual activity.
• Monitor the regulatory environment and industry trends to stay abreast of emerging risk.
• Responsible for the identification, tracking, risk classification and review of all relationships/accounts designated by the bank as high or potentially higher risk, as defined by regulatory guidance, the bank’s risk assessment and/or policy.
• Maintain records related to all higher risk groups for use in assessing risk and required regulatory reporting.
• Perform up‑front due diligence and continued oversight of complex high‑risk relationships.
• Ensure performance of risk‑based periodic reviews of high‑risk relationships.
• Develop, implement and maintain written procedures to support the functions performed in the Customer Risk unit.
• Manage, in collaboration with the FIU Systems and Technology unit, the Customer Risk elements of the bank’s transaction monitoring platform.
• Process requests for information related to audits and examinations.
• Prepare and deliver training materials to impacted…