POSITION SUMMARY
The AML/CFT Manager will lead a dedicated team of AML professionals, manage day-to-day operations, utilize the Verafin application, and work closely with internal stakeholders to maintain a strong and effective compliance posture.
ESSENTIAL RESPONSIBILITIES
- Supervise and mentor AML/CFT Analysts, including workload management, training, and performance evaluations.
- Produce exemplary quality control and quality assurance processes to improve the work output for the department.
- Ensure required regulatory reports Suspicious Activity Reports (SARs), Currency Transaction Reports (CTRs), 314a matches, and OFAC alerts are completed in a timely manner.
- Identify weaknesses within the AML/CFT and OFAC programs to recommend actionable remediation efforts to close gaps.
- Conduct annual AML/CFT and OFAC risk assessments and present results to the Executive Director of BSA, Fraud, and Compliance.
- Deliver training to staff on AML/CFT and OFAC responsibilities and suspicious activity identification as needed.
- Identify trends in alerts/cases and recommend strategic changes to internal controls and monitoring rules within Verafin to optimize performance.
- Collaborate with business units to enhance customer due diligence (CDD), enhanced due diligence (EDD).
- Complete a quarterly review of international wires to and from Southern First Bank to determine risk associated with this product type.
- Assist internal/external department staff with questions and provide accurate guidance for AML/CFT and OFAC related scenarios.
- Participate in ensuring successful AML/CFT/OFAC exams and audits.
- Provide reporting metrics to the Executive Director of BSA, Fraud, and Compliance as needed to identify current and historical trends in AML/CFT/OFAC.
- Complete other duties as assigned.
ADDITIONAL RESPONSIBILITIES OR DETAILS
AML/CFT Manager may also be asked to assist with the following tasks:
- Assist the Executive Director of BSA, Fraud, and Compliance with oversight of the BSA/AML/CFT and OFAC compliance programs to ensure alignment with regulatory expectations.
- Assist with management of the Verafin application to ensure appropriate functionality.
- Respond to law enforcement inquiries as needed.
- Display outstanding leadership to ensure the success of direct reports.
- Demonstrate excellent communication skills while dealing with all applicable stakeholders, ensuring commitment to the Bank's values and principles.
ESSENTIAL SKILLS, EDUCATION AND EXPERIENCE
- High School diploma or equivalent, required.
- Bachelor's degree required.
- 6+ years prior experience in AML/CFT required.
- 2+ years in a leadership role.
- Subject matter expert with AML/CFT requirements, including CIP, CDD, EDD, CTR, SAR, OFAC, etc.
- Strong computer skills, proficient in Excel and knowledgeable in Word.
BENEFICIAL SKILLS, EDUCATION AND EXPERIENCE
- Personal ownership of tasks assigned with the determination to improve existing processes in place.
- Critical thinking skills to solve complex problems and remediate issues identified.
- Ability to adjust to change and willingness to be a team player.
- Adhere to strict regulatory guidelines regarding the timeliness of filing reports and claims.
- Ability to effectively communicate with the professionalism that is identified with Southern First Bank.
- Good interpersonal skills which represent the Bank in a positive manner in dealing with clients and other team members.
WORK CONDITIONS
- This position must be able to sit for long periods of time as the position involves the majority of time spent at a computer.
- This position requires minimal travel.
This description is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.
This document does not represent an expressed or implied contract of employment nor does it alter your at-will employment, and the Company reserves the right to change this job description and/or assign tasks for the employee to perform, as the Company may deem appropriate.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
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BankTalent HQ
Commensurate with education and experience.
Jul 20, 2025