Fraud Compliance Advisory (Remote)

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Join our mission to create a completely new, 100% digital bank that uses consumer feedback to truly meet customers’ best interests. Jenius Bank, a division of SMBC MANUBANK, and a member of SMBC Group, is being built by a close-knit and fun-loving team of financial services professionals and technology experts who came together for the challenge of building a full-service digital bank from scratch. We’re committed to doing it the right way for the customer and are growing rapidly. To learn more about our relationship to our parent company, visit our website.

The anticipated salary range for this role is between $155,000.00 and $196,000.00. The specific salary offered to an applicant will be based on their individual qualification, experiences, and analysis of current compensation paid in their geography and the market for similar roles at time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC MANUBANK offers a competitive portfolio of benefits to its employees.

Jenius Bank is strategically scaling up a portfolio of products and building extraordinary experiences. In 2023, we launched our first two products reaching $1 billion in deposits and over $700 million in loans, all before Jenius Bank’s first anniversary. We don’t plan to slow down, with ambitious growth plans and the capital necessary to execute a multi-year strategic plan. We have a start-up mindset paired with SMBC Group’s 400 years of history. SMBC Group has more than 150 offices and 86,000 employees worldwide in nearly 40 countries and is committed to creating new business to better serve customers in the rapidly evolving digital environment. Join us on the journey that has caught the attention of the Banking Dive, and more to reinvent banking where smarter banking translates to a richer life.

Job Summary

This position sits within SMBC MANUBANK's Financial Crimes Compliance (FCC) which is part of the larger Compliance Department. The FCC department is responsible for developing the Bank’s BSA/AML, Sanctions, and Fraud Programs to ensure that the bank achieves optimal compliance with all related laws and regulations. We are seeking an experienced and talented VP, Fraud Compliance Advisor, reporting to the Head of Jenius FCC, to advise on fraud for the digital banking unit. In this role, you will provide expert guidance to ensure the bank adheres to all applicable fraud regulations, policies, and procedures. You will work closely with internal teams to identify, assess, and mitigate fraud risks while maintaining regulatory compliance.

This individual must have specialized knowledge related to retail banking fraud risks.

Principal Duites And Responsibilties

• Provide leadership and guidance to the Jenius Fraud Operations team, ensuring effective collaboration and coordination of efforts with the America’s Division Fraud team.
• Advise on fraud detection, prevention, and mitigation strategies to ensure compliance with federal, state, and industry regulations (e.g., BSA/AML, USA PATRIOT Act, Regulation E).
• Monitor and analyze fraud trends to recommend updates to policies, controls, and fraud management systems.
• Collaborate with fraud operations, fraud investigations, and the America’s Division Fraud teams to ensure consistency.
• Provide compliance expertise during audits, examinations, and regulatory reviews.
• Assist in the development and delivery of fraud compliance training programs for staff at all levels.
• Stay current on regulatory changes, industry best practices, and emerging fraud schemes.
• Support the development and implementation of fraud-related policies, procedures, and internal controls.
• Provide input on annual fraud risk assessments.
  
  

Position Specifications

• Extensive experience (7+ years) in fraud, financial crimes compliance, and/or anti-money laundering (AML) roles;
• Bachelor’s degree in Finance, Accounting, Business Administration, Criminal Justice, or a related field;
• Professional certifications such as CFE (Certified Fraud Examiner), CAMS (Certified Anti-Money Laundering Specialist) or CFCS (Certified Financial Crime Specialist), preferred.
• Strong knowledge of fraud related laws, regulations, and compliance standards.
• Experience with fraud detection software, models and data analysis tools;
• Ability to excel in a remote, innovative, and fast-paced environment;
• Excellent communication and interpersonal skills to engage with internal teams, regulators and external stakeholders;
• Strong attention to detail with a commitment to accuracy and integrity.
  
  

EOE STATEMENT

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [email protected].

CCPA DISCLOSURE

Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.smbcmanubank.com/privacy/ccpa-disclosure . Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.