People Matter

Financial Crime Analyst III

Lead Bank (FKA Luna Financial)

Lead Bank (FKA Luna Financial)

IT, Accounting & Finance
Blue Springs, MO, USA
Posted on Thursday, June 27, 2024
Lead is a fintech building banking infrastructure for embedded financial products and services. We operate an FDIC-insured bank headquartered in Kansas City, Missouri. Additionally, we have offices in San Francisco, Sunnyvale, and New York City, where our technical, product, design, and legal teams operate.
We are built for a constantly evolving financial landscape, where new ventures and technological advancements emerge daily. Guided by a team of entrepreneurs and technologists with decades of experience navigating intricate banking and payments regulations, Lead blends regulatory and technological expertise to help our fintech partners scale their operations with compliance and creativity.
Simply put, Lead offers the essential attributes that every fintech seeks in a partner bank. First, unparalleled technical expertise from a distinguished team of developers with an extensive understanding of the banking and payments systems. Second, oversight expertise, automated compliance systems, and bespoke program management to navigate the ever-shifting regulatory landscape. Finally, a commitment to transparency and operational rigor to ensure everyone’s money does what it’s supposed to do.
Role Description: The Financial Crimes Analyst III will be responsible for conducting investigations into suspicious activity of our core banking clients and Fintech partnerships as well as performing high-risk customer reviews in addition to assisting in various aspects of the buildout of our Financial Crimes program. You will be a subject matter expert in charge of directly reviewing and influencing our BaaS partner Financial Crimes and Compliance program design.

In this role you will:

  • Research and review possible suspicious activity reported by bank staff.
  • Process, solve and answer complex client transactions, problems and inquiries
  • Assist in tuning and optimization of Lead Bank’s BSA software
  • Complete and file SARs (suspicious activity reports) to ensure that they are properly documented with related narrative and thorough case documentation, including but not limited to, customer statements, due diligence documents, transaction images
  • Provide support and BSA subject matter expertise to bank staff members helping them understand BSA requirements as they relate to their job function.
  • Conduct high-risk customer reviews and other related functions
  • Assist in developing and testing procedures
  • Serve as backup to management when needed
  • Assist in training of Financial Crimes Analyst I and Financial Crimes Analyst II as requested
  • Perform enhanced due diligence and monitoring of moderate risk business accounts
  • Maintain proficient knowledge of applicable compliance statutes, regulations and interpretations, including but not limited to, the Bank Secrecy Act, USA PATRIOT Act and OFAC
  • Be a front facing subject matter expert to the Bank’s digital asset clients and fintech partners.
  • Provide advisory services to our BaaS partners.
  • Perform onboarding risk reviews of both high risk clients and fintech partnerships.
  • Perform ongoing EDD for all bank clients, including fintech partnerships
  • Perform other duties as assigned

Qualifications:

  • Have at least 5+ years of banking BSA experience with another financial institution or with another fintech.
  • Preferred BSA Certification CBAP, CAFP or CAMS is preferred
  • Preferred experience with Unit21 or other technology focused AML software.
  • Preferred having direct experience with payments and banking-as-a-service
  • Are intellectually curious
  • Enjoy working in a fluid environment with high autonomy
  • Love to collaborate to get to the best, most efficient outcome
  • Use a systematic approach in solving problems through analysis and evaluation of alternative solutions
  • Embody the growth mindset and bring a self-driven and self-starter mentality to your work

What we offer:

  • At Lead, we design our benefits to support company culture and principles, to foster an efficient and inspiring work environment, and to create the conditions for our team to give their best in both work and life
  • Competitive compensation, including opportunities for equity grants, based on experience, geographic location, and role
  • Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
  • Paid parental leave
  • Flexible vacation policy, including PTO and paid holidays
  • A fun and challenging team environment in a dynamic industry with ample opportunities for career growth
*Lead Bank is proud to have an inclusive culture committed to ensuring equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
*Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.