Lake Michigan Credit Union
Director of Financial Investigations Unit
Lake Michigan Credit Union, Grand Rapids, Michigan, us, 49528
Director of Financial Investigations Unit page is loaded## Director of Financial Investigations Unitlocations:
Grand Rapids, MItime type:
Full timeposted on:
Posted 16 Days Agojob requisition id:
REQ-2025-6063**Job Summary**The Director of Financial Investigations Unit is responsible for directing and implementing the Financial Investigations Unit program. This position will entail collaboration with cross-functional teams to enhance monitoring systems, ensure efficient and thorough investigation processes, provide oversight of reporting activities and sanctions adherence, and create and maintain a risk rating process to help ensure regulatory expectations are met.**Responsibilities*** Provide direction and oversight to the FIU team to ensure regulatory compliance is maintained while aligning with corporate goals. Lead a team of specialized AML investigators responsible for analyzing and investigating high-risk and complex member activities. Address program deficiencies in alignment with LMCU’s risk appetite and broader strategic objectives.* Maintain a deep and current understanding of AML/BSA/CFT/OFAC regulatory requirements, changes, emerging risks, trends, and typologies. Design and implement a robust high-risk review process and lead the organization’s overall program risk assessment. Monitor and evaluate the performance of AML/BSA/CFT/OFAC operations, identifying procedural weaknesses and recommending actionable solutions to management.* Manage, enhance, and administer AML/BSA/CFT/OFAC software and monitoring systems, ensuring parameters effectively detect suspicious activity; conduct regular tuning and calibration. Collaborate with data analytics experts to evaluate rules, scenarios, and patterns, and support operational improvements based on data-driven insights.* Partner with internal business units to gather information required for informed decision-making, adapting to shifting regulatory priorities. Maintain effective working relationships with internal stakeholders, external partners, and law enforcement agencies to support and enhance investigations.* Develop and implement training programs to ensure all team members are equipped with the knowledge and awareness necessary to navigate evolving financial crime threats and regulatory environments.**Education & Experience*** Eight years to 10 years of extensive experience in AML Compliance, high-risk and complex financial crime investigations, law enforcement or related fields, including demonstrated success in leading teams and delivering complex ANL/CFT/BSA initiatives.* Prior leadership experience required.* Prior regulatory examination experience preferred.* A bachelor's degree in business, law, criminal justice, or related field of study.* Certified Anti-Money Laundering Specialist (CAMS), Certified Anti-Fraud Specialist (CAFS), or Certified Financial Crime Specialist (CFCS) strongly preferred.**Other Skills*** Prior experience with BSA/AML/CFT technology, including implementation of software (Patriot Officer, Verafin, etc.).* Must display strong analytical and thought leadership by being able to transform ideas to actional plans.* Deep understanding of criminal typologies associated with a wide array of financial products and services.* Knowledge of core banking software (Jack Henry Symitar and related suite of products), as well as ancillary software such as OnBase, Check Imaging, FPS Gold, identity verification tools, OFAC software.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 borrow. At LMCU, the emphasis on delivering real value to our members has been job one, since day one.As one of the largest credit unions in the nation for several years running, LMCU has earned many awards and accolades such as inclusion as one of the 101 Best and Brightest Companies to Work For Nationally and being recognized by Forbes as a Great Place to Work. As an employee, you'll enjoy a stimulating, professional atmosphere, supported by the latest technology, training, and development. We recognize that a healthy balance between work, home life, and play is essential to our employees and our success. We offer a friendly, respectful and inclusive work environment, fun employee activities and rewarding community involvement opportunities.You’ll love working here at Lake Michigan Credit Union! #J-18808-Ljbffr
Grand Rapids, MItime type:
Full timeposted on:
Posted 16 Days Agojob requisition id:
REQ-2025-6063**Job Summary**The Director of Financial Investigations Unit is responsible for directing and implementing the Financial Investigations Unit program. This position will entail collaboration with cross-functional teams to enhance monitoring systems, ensure efficient and thorough investigation processes, provide oversight of reporting activities and sanctions adherence, and create and maintain a risk rating process to help ensure regulatory expectations are met.**Responsibilities*** Provide direction and oversight to the FIU team to ensure regulatory compliance is maintained while aligning with corporate goals. Lead a team of specialized AML investigators responsible for analyzing and investigating high-risk and complex member activities. Address program deficiencies in alignment with LMCU’s risk appetite and broader strategic objectives.* Maintain a deep and current understanding of AML/BSA/CFT/OFAC regulatory requirements, changes, emerging risks, trends, and typologies. Design and implement a robust high-risk review process and lead the organization’s overall program risk assessment. Monitor and evaluate the performance of AML/BSA/CFT/OFAC operations, identifying procedural weaknesses and recommending actionable solutions to management.* Manage, enhance, and administer AML/BSA/CFT/OFAC software and monitoring systems, ensuring parameters effectively detect suspicious activity; conduct regular tuning and calibration. Collaborate with data analytics experts to evaluate rules, scenarios, and patterns, and support operational improvements based on data-driven insights.* Partner with internal business units to gather information required for informed decision-making, adapting to shifting regulatory priorities. Maintain effective working relationships with internal stakeholders, external partners, and law enforcement agencies to support and enhance investigations.* Develop and implement training programs to ensure all team members are equipped with the knowledge and awareness necessary to navigate evolving financial crime threats and regulatory environments.**Education & Experience*** Eight years to 10 years of extensive experience in AML Compliance, high-risk and complex financial crime investigations, law enforcement or related fields, including demonstrated success in leading teams and delivering complex ANL/CFT/BSA initiatives.* Prior leadership experience required.* Prior regulatory examination experience preferred.* A bachelor's degree in business, law, criminal justice, or related field of study.* Certified Anti-Money Laundering Specialist (CAMS), Certified Anti-Fraud Specialist (CAFS), or Certified Financial Crime Specialist (CFCS) strongly preferred.**Other Skills*** Prior experience with BSA/AML/CFT technology, including implementation of software (Patriot Officer, Verafin, etc.).* Must display strong analytical and thought leadership by being able to transform ideas to actional plans.* Deep understanding of criminal typologies associated with a wide array of financial products and services.* Knowledge of core banking software (Jack Henry Symitar and related suite of products), as well as ancillary software such as OnBase, Check Imaging, FPS Gold, identity verification tools, OFAC software.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 borrow. At LMCU, the emphasis on delivering real value to our members has been job one, since day one.As one of the largest credit unions in the nation for several years running, LMCU has earned many awards and accolades such as inclusion as one of the 101 Best and Brightest Companies to Work For Nationally and being recognized by Forbes as a Great Place to Work. As an employee, you'll enjoy a stimulating, professional atmosphere, supported by the latest technology, training, and development. We recognize that a healthy balance between work, home life, and play is essential to our employees and our success. We offer a friendly, respectful and inclusive work environment, fun employee activities and rewarding community involvement opportunities.You’ll love working here at Lake Michigan Credit Union! #J-18808-Ljbffr