Manager, AML Financial Intelligence Unit

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The role:

The Manager, AML Financial Intelligence Unit (“FIU”) will be responsible for overseeing a team of FIU Investigators conducting independent reviews and analysis of potential suspicious AML/Fraud activity. The Manager will be responsible for coaching and training which may include conducting holistic reviews of the FIU Investigator’s work product within the SoFi case management systems for cryptocurrency and traditional finance in support of their investigations and dispositions. The Manager will also conduct regular one-on-ones and will be responsible for reviewing and approving SAR filings as applicable.

What you’ll do:

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Manage a team of FIU Investigators to evaluate whether AML/Fraud alerts and cases generated from manual and automated transaction monitoring are risk-relevant and whether a SAR filing is warranted. The Manager will ensure alert and case determinations are appropriate, fully supported, and clearly documented.

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Provide ongoing mentoring, coaching, and counseling to FIU Investigators to drive production and quality.

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Assist with the design, development and execution for the ongoing transaction monitoring and wallet screening programs.

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Work closely with FIU Investigators to identify training needs, performance gaps, project process improvement, and provide recommendations to management.

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Maintain a thorough comprehension of AML and Fraud typologies related to retail banking, brokerage, and virtual currency assets.

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Collaborate with Senior Management related to ongoing projects to further enhance the AML program, especially in regards to AML investigations of virtual currency.

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Assist in developing and maintaining procedures and training materials to guide the AML investigation process.

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Drive strategic initiatives while creating robust processes, procedures, and training materials to enhance AML investigations surrounding blockchain and cryptocurrency activity, to further align with SoFi’s compliance standards.

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Provide consultative and value-added support to business partners on compliance policies and procedures.

What you’ll need:

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Bachelor’s Degree from a four-year college or university in a related field.

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5+ years of experience in AML and Fraud Compliance Investigations, with a minimum of 2 years of direct management experience.

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Minimum of 4 years in cryptocurrency-related AML transaction monitoring.

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Demonstrated ability to communicate effectively with all levels of the organization and across different business lines.

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Ability to successfully lead and manage direct reports, including training, mentoring, and counseling.

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Demonstrate strong leadership and management skills that build solid working relationships within the organization.

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Excellent working knowledge of BSA/AML laws and regulations relative to money laundering and terrorist financing, especially with regard to virtual assets, and the ability to apply this knowledge in assessing transaction activity.

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Comprehensive understanding of each phase of an FIU Investigation (e.g., alerts, case investigation, Suspicious Activity Reports, controls, reporting, etc.).

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Strong attention to detail and analytical skills, with a focus on quality reviews.

Specific skills in:

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Experience with AML transaction monitoring, specifically with regard to cryptocurrency typologies (e.g., mixers, P2P exchanges, decentralized exchanges, Fraud using Cryptoasset ATMs).

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Administering anti-money laundering policies and procedures.

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Excellent organizational, verbal, written, and interpersonal skills are required.

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Must be able to multitask, adapt well to changing priorities, and effectively prioritize responsibilities to meet critical deadlines.

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Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure.

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Ability to work collaboratively and independently while managing projects and assignments.

Nice to have:

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Experience with conducting transaction monitoring investigations using either Chainalysis or TRM Labs.

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CAMS or similar certification preferred (or willingness to become certified within one year of start date).

Compensation and Benefits

The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.

To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.

The Company hires the best qualified candidate for the job, without regard to protected characteristics.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

New York applicants: Notice of Employee Rights

SoFi is committed to an inclusive culture. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].

Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.

Internal Employees

If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.