BSA/AML Manager
About the position Avant is looking for an experienced BSA/AML Manager to oversee Avant’s anti-money laundering and sanctions screening programs. This role offers a unique opportunity to provide thought leadership on risk management while leading a high-performing team of investigators. You will be responsible for triaging alerts, assessing emerging risks for new products, and collaborating cross-functionally to ensure our policies align with regulatory expectations. If you have a strong background in banking or Fintech fraud, possess sharp technical analytical skills, and thrive in a collaborative environment, you are the ideal candidate to help us safeguard our platform. Responsibilities • Provide thought leadership on AML risk management and model usage, ensuring alignment with the organization’s broader risk, compliance, and enterprise risk frameworks. • Lead a team of BSA/AML investigators responsible for triaging alerts and referring to suspicious activity, ensuring staffing levels keep pace with product growth while maintaining high-quality alert processing. • Ensure Avant’s sanctions screening program, including screening cadence and coverage, meets regulatory expectations and internal policy requirements. • Lead the assessment of complex and emerging AML risks, including those related to new products, customer segments, channels, technologies, and regulatory developments. • Work closely with Engineering and Product to design, prioritize, and implement BSA/AML technology solutions and controls within Avant’s platforms and tools. • Partner with Compliance and Legal to ensure BSA/AML policies, procedures, and controls align with regulatory expectations and internal governance standards. • Engage with card processors and bank partners to complete annual regulatory risk assessments and address identified gaps or issues. • Monitor KRIs, dashboards, and reporting related to alerts, SAR referral rates, operational performance, and control effectiveness, and recommend enhancements where needed. • Communicate key AML and fraud trends, emerging risks, and program performance to executive leadership and, as appropriate, to Board-level stakeholders. Requirements • Bachelor’s degree with 5+ years of experience in banking fraud or AML experience in fraud risk management or AML within financial services, fintech, or payments, with significant exposure to card, loan, and/or banking products. • Demonstrated experience building, managing, or validating fraud or AML models and rules (e.g., transaction monitoring, sanctions screening, customer risk rating, behavioral analytics). • Strong hands-on analytical and data skills with proficiency in tools such as SQL and at least one of: Python, R, SAS, or similar. • Solid understanding of BSA/AML and sanctions regulatory requirements and guidance (e.g., BSA, USA PATRIOT Act, OFAC, FATF, FFIEC). • Proven ability to lead cross-functional initiatives and influence stakeholders at multiple levels. • Excellent written and verbal communication skills, with the ability to explain complex analytical concepts to non-technical audiences. Benefits • Choice of great Medical, Dental, and Vision Insurance Plan options • 401(k) match • Flexible Time Off • Flexible Work Environment - (i.e. Mon/Tues/Thurs in-person) • Generous Paid Parental Leave, Adoption Assistance and Post-parental leave ramp-up program • Lunch Allowance (Fooda) and In-office Snacks • Summer Fridays • Fun In-Office and Virtual Social Events Apply tot his job