Red River Bank · 4 months ago
AML CFT Fraud Group Manager
Alexandria, LA
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expRed River Bank is seeking an AML CFT Fraud Group Manager to oversee the bank's compliance program with anti-money laundering regulations and lead the Fraud Department. The role involves strategic leadership in fraud detection, investigation, prevention, and reporting, while serving as a subject matter expert in regulatory compliance and fraud risk management.
BankingFinancial ServicesLocal
Responsibilities
Manage workflow and priorities of analysts as they conduct investigations
Develop, implement, and maintain the bank’s AML/CTF Compliance Program, it’s policies and procedures, in accordance with applicable laws and regulations
Monitor and analyze BSA-related regulatory changes and recommend and implement necessary program enhancements
Serve as primary contact for regulatory agencies, the bank's internal audit department, and outside auditors/consultants; this includes both regulatory and internal compliance exams. This will include preparing responses for the requests made by these agencies
Work with the Chief Compliance Officer to develop and present training to staff and bank board of directors on AML/CFT and Fraud topics to ensure awareness of compliance responsibilities
Review and analyze alerts, reports, and transactions to identify suspicious activity; file Suspicious Activity Reports (SARs) as required, preparing reports to be presented to the board of this activity
Lead the bank’s Fraud Department in proactive detection, prevention, and investigation of internal and external fraud threats
Develop and maintain policies, procedures, and controls to safeguard the bank’s assets and reputation
Oversee fraud case management processes including intake, triage, investigation, resolution, and recovery efforts
Collaborate with partners both in the bank and externally including, but not limited to: IT, Deposit Operations, Retail, Treasury Operations, law enforcement, legal counsel, and other institutions during fraud investigations and restitution processes
Maintain current knowledge of industry fraud trends, tools, and techniques; implement new technologies or practices as appropriate
Provide regular reporting on fraud trends, losses, as well as recoveries to senior management and the Board of Directors
Qualification
Required
Bachelor's degree (B.A.) from four-year college or university
10 years general banking experience (with at least 5 years in an AML/CFT role) or regulatory agency experience
Bank Administration Institute, American Banker Association or equivalent specialized AML/CFT training
Proficient in the use of standard office and productivity software, including Microsoft Office Suite (Word, Excel, Outlook, and PowerPoint)
Comfortable navigating web-based platforms, databases, and internal systems
Ability to quickly learn and adapt to new software tools and technologies relevant to the role
Strong typing, data entry, and digital communication skills required
Familiarity with Fraud/AML/CTF software, Red River Bank currently uses Verafin
ICBA Certified BSA/AML Professional or other similar certification
Company
Red River Bank
Red River provide a fully integrated suite of banking products and services tailored to the needs of their commercial and retail customers.
201-500 employees
Funding
Current Stage
Public CompanyTotal Funding
$12.64M2019-05-03IPO
2017-08-28Series Unknown· $12.12M
2009-05-11Seed· $0.52M
Leadership Team
Julie Hollingsworth
Chief Marketing Officer
Mike A. Murphy
Chief Investment Officer & Financial Forecasting Manager
Recent News
2025-12-19
2025-12-19
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