Manager, AML and Financial Crimes – Fraud Investigations

Job Description

The Fraud Investigations Manager is responsible for leading a high‑performing, production‑based team focused on case investigation and suspicious activity reporting. This role ensures timely and accurate execution of fraud investigation processes while driving continuous improvement and operational excellence. The ideal candidate will bring strong leadership, analytical acumen, and deep knowledge of fraud typologies and regulatory requirements. This position plays a key role in protecting the firm and its clients by identifying fraud risks, engaging with internal and external stakeholders, and ensuring compliance with applicable laws and regulations.

• Lead and manage a high-performing team of fraud senior investigators, ensuring timely and accurate completion of case investigations and reporting.
• Manage performance and develop skills of direct reports, including conducting performance reviews, identifying improvement opportunities, and implementing coaching or remedial actions.
• Foster a culture of accountability, continuous learning, and operational excellence within the team.
• Delegate effectively to ensure deliverable requirements and timelines are met.
• Lead and assist in training new hires and providing ongoing team training.
• Oversee and provide expert guidance on end‑to‑end fraud investigation processes, including case review, recovery initiation, and suspicious activity reporting; review and validate case documentation for accuracy, completeness, and regulatory compliance; and serve as the escalation point for complex or high‑risk fraud cases.
• Ensure compliance with applicable laws, regulations, and internal policies related to fraud prevention and investigations.
• Maintain currency in laws and regulations pertaining to fraud, AML, and financial crime compliance.
• Support preparation of internal reports and responses to regulatory inquiries related to fraud monitoring and investigations.
• Lead the administration of incoming/outgoing 314(b) requests and business‑facing inquiries.
• Monitor and develop team performance metrics, ensuring adherence to SLAs and quality standards.
• Identify process inefficiencies and lead implementation of enhancements to improve fraud detection, workflow, and reporting.
• Identify opportunities to continuously evolve fraud detection and prevention capabilities and support efforts to adapt the program.
• Maintain “service first” philosophy in delivery of service level agreements to applicable stakeholders and in interactions with the business.
• Lead fraud response activities, including risk mitigation, recovery, and stakeholder communication.
• Update, maintain, and develop procedures and guidance documents for team processes as needed.

• Fraud typologies, detection methods, and regulatory reporting requirements
• Fraud surveillance systems, case management tools, and SAR filing practices
• Rules and regulations of the USA PATRIOT Act, Bank Secrecy Act, Reg S‑, and any other applicable fraud‑related regulatory or industry rules and guidance
• Broker‑dealer operations, transaction methods & financial products, and financial services industry practices
• Principles of banking and finance and securities industry operations

• Team leadership, coaching, and performance management
• Reviewing and enhancing investigative documentation and SARs
• Cross‑functional collaboration and stakeholder engagement
• Analytical thinking and data interpretation
• Written and verbal communication
• Administering anti‑fraud policies and procedures
• Planning and scheduling work to meet organizational and regulatory requirements
• Investigating compliance issues and irregularities
• Making independent risk‑based decisions
• Taking ownership of outcomes to drive strong team and process performance
• Inspiring and leading change when needed
• Delivering effective feedback

• Lead a high‑volume, deadline‑driven team with a focus on quality and compliance
• Identify and implement process improvements with measurable impact
• Communicate effectively with technical and non‑technical audiences
• Manage multiple priorities in a fast‑paced, evolving environment
• Adapt to evolving fraud threats and…