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