AML Manager

• Primary
  
  Location:
  
  Grand Rapids, MI
• Employee Status:
  Full-Time
• Workplace Type:
  Fully In-Person
• This is not a remote opportunity. Position required to report to Grand Rapids office daily.

At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.

The AML Manager will be responsible for providing oversight and management of Anti-Money Laundering related activities, including suspicious activity monitoring, investigations, SAR reporting, FinCEN 314(a) requests, transaction monitoring system administration, relevant USA PATRIOT Act requirements, and maintaining timely and accurate reports. This position will work with impacted departments to ensure regulatory requirements are addressed and incorporated into daily functions and written procedures.

The AML Manager may communicate with branch and other member-facing business units to ensure LMCU's policies are followed.

• Oversees the Anti-Money Laundering (AML) Program including suspicious activity monitoring, SAR reporting, USA PATRIOT Act compliance, and financial crimes compliance functions, and provides guidance to stakeholders regarding financial crime risk exposure and related operational decisions.
• Participates in and oversees account activity reviews for suspicious activity analysis, investigation, escalation, and reporting while establishing parameters and standards for completing reviews.
• Responsible for maintaining AML software and monitoring systems to ensure alerts, case workloads, thresholds, and investigative workflows remain appropriate based on risk, size, complexity, products, and services.
• Oversees FinCEN 314(a) requests, law enforcement inquiries, information sharing activities, and related regulatory obligations.
• Directly assists the in updating AML risk assessments, identifying emerging financial crime risks, and recommending mitigating controls.
• Provides support and backup coverage to the BSA Operations Manager and collaborates on examinations, audits, procedures, and overall program administration.
• Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

• Five to eight years of similar or related experience.
• A bachelor's degree in a business-related field of study.
• Obtain or be in process of obtaining compliance-related certification (CRCM, CAMS, CBSAP, CFE).
• Must have good working knowledge of Symitar, Application Extender/OnBase, AML software products, SAR processes, FinCEN 314(a), and general computer skills.

• All Employees: weekly pay and retirement savings options.
• Full-Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.

LMCU is an Equal Opportunity Employer

Lake Michigan Credit Union is fundamentally different than a bank, both in our structure and mission. Our goal has always been to do what is best for our members. This approach guides every decision we make and every service we offer. As a credit union, our goal isn’t to generate profits for shareholders, it’s to improve the lives of our members.

LMCU is consistently rated in the top ten in the nation for Return of the Member by Callahan & Associates, meaning we give back more to our members in the form of higher rates when they save and lower rates when they…