AVP FCRM KYC Team Lead(Hybrid)

As the AVP FCRM KYC Team Lead at The Bancorp Bank, you'll be responsible for leading daily KYC workflow, conducting thorough reviews of high-risk customers, ensuring compliance with regulatory standards, and managing analytical teams efficiently. You'll also recommend enhancements to customer risk models and produce detailed management reports. This critical role requires both leadership and collaboration across various departments.

To be considered for the AVP FCRM KYC Team Lead role at The Bancorp Bank, you should possess an undergraduate degree in a related field and have a minimum of 7 years of KYC and due diligence experience in a financial institution. Preferred qualifications include certifications like CRCM or CAMS, and expertise in preparing Suspicious Activity Reports (SARs), underscoring your capability to manage complex regulatory requirements.

The AVP FCRM KYC Team Lead plays a vital role in ensuring compliance with BSA/AML regulations at The Bancorp Bank. This involves leading and performing comprehensive KYC, CDD, and EDD reviews while staying updated on regulatory changes. Your leadership will shape the training that business lines receive on identifying and monitoring high-risk customers, ensuring the bank consistently meets legal obligations.

Success in the AVP FCRM KYC Team Lead position at The Bancorp Bank hinges on strong leadership skills, attention to detail, and the ability to handle various projects simultaneously. Excellent verbal and written communication skills are essential, as is proficiency in Microsoft Office. Experience collaborating across departments and motivating teams will also set you up for success.

The work environment for the AVP FCRM KYC Team Lead at The Bancorp Bank is a dynamic blend of in-office collaboration and remote flexibility, creating an energizing hybrid model. You can expect an inclusive space that encourages open communication and teamwork across different departments, fostering a culture where innovative compliance strategies thrive.

Sure! Discuss specific experiences where you led KYC compliance projects, mentioning the challenges faced and how you navigated them. Highlight your understanding of regulatory requirements and provide examples of how you ensured your previous team met these obligations.

During the interview, convey your methodical approach to prioritizing tasks based on urgency and importance. Discuss tools or techniques you use for project management, and give a real-life example of how you successfully juggled multiple responsibilities in a prior role.

Share your leadership philosophy, emphasizing collaboration and open communication. You might mention your commitment to mentoring team members and creating a supportive environment where everyone can contribute and thrive.

Example a past project where you led a change initiative related to KYC processes. Focus on your strategic planning, stakeholder engagement, and the outcome of the initiative, including any lessons learned.

Discuss your commitment to continuous professional education, including attending relevant webinars, conducting research, and networking with industry peers to stay informed on regulatory updates, which aligns with The Bancorp Bank’s culture of compliance.

Mention techniques like monitoring performance metrics, conducting regular audits, and soliciting feedback from team members to refine and improve KYC and CDD processes.

Explain the direct link between team morale and productivity, especially in compliance roles where accuracy is crucial. Discuss methods you employ to foster high levels of motivation and engagement within your teams.

Illustrate your experience with SAR preparation by offering specific examples of cases you've handled, emphasizing the importance of accuracy and timeliness in this important compliance function.

Provide a detailed response by focusing on a particular challenge. Discuss the steps you took to address it and the positive outcome, emphasizing your problem-solving skills.

Articulate your aspirations clearly while aligning them with the role at The Bancorp Bank. Discuss your desire to grow within the compliance field and your interest in influencing broader strategies at the institution.