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Midwest BankCentre · 1 day ago

AVP, Financial Crimes

St. Louis County, MO

Full-time

Onsite

Mid, Senior Level

5+ years exp

Midwest BankCentre is focused on protecting the bank, its customers, and the community from financial crimes. The AVP, Financial Crimes will play a critical role in overseeing financial crime prevention, leading a team of specialists, and implementing technology and risk management programs to mitigate fraud risks.

BankingCommunitiesFinancial ServicesInsurance

Growth Opportunities

Hiring Manager

Heather Sennott

Responsibilities

Lead a team of specialists whose primary focus is on fraud prevention and detection, and dispute cases

Assist in the development, implementation, and administration of risk management programs designed to prevent and mitigate fraud

Collaborate across Internal Stakeholder departments to optimize fraud prevention strategies

Champion advanced technologies—including AI, machine learning, and automation—to detect and respond to fraudulent activity

Act as a strategic thought partner in setting policy, standards, and training programs bank-wide

Set clear goals, provide direction, and foster a culture of excellence, collaboration, and continuous improvement within the team

Ensure each team member performs at the highest level, proactively addresses fraud and disputes, and continuously develops their skills and expertise

Manage and maintain fraud and loss prevention programs, including internal and external investigations

Conduct periodic risk assessments and implement mitigation strategies for various fraud types (wire transfers, ACH, checks, card payments, online banking, cyber-enabled crimes)

Ensure adherence to all relevant regulations, industry standards, and internal policies. Stay abreast of industry trends and emerging technologies to stay ahead in the market

Drive adoption and optimization of fraud detection systems and automation tools

Partner with key stakeholders to develop strategies and initiatives that keep losses to the bank to a minimum year-over-year

Assist in the development and implementation of bank-wide comprehensive training programs to enhance internal employee skills, knowledge, and performance

Qualification

Financial crimes expertiseRisk analysisLeadership skillsFraud prevention strategiesCompliance oversightAnalytical skillsProblem-solving skillsCommunication skillsInterpersonal skillsTeam collaborationCustomer centric focusAttention to detailFlexibility

Required

Bachelor's degree or equivalent preferred

Minimum of 5 years of experience in financial crimes and/or banking with at least 3 years in a leadership role

Strong leadership skills, able to lead high performing teams that are proactive in nature

Deep understanding of financial crimes including regulations and compliance requirements

Excellent analytical, problem-solving, and decision-making skills

Exceptional communication and interpersonal skills, capable of building and maintaining relationships with internal and external stakeholders

Skilled at prioritizing duties, working under time constraints, and handling multiple tasks, while remaining flexible to changing priorities and assignments

Ability to demonstrate flexibility, versatility, commitment and good judgment in team-oriented environment