That’s still barely above IC depending on the org

They trying to tell people the truth and got eaten whole to shut them up.

Absolutely classic capitalism. Not even a plot twist in sight and everyone’s confused.

Is the implication here that some senior manager position (which is practically entry level at a bank where everyone is typically called vice president of something) would have the authority to do anything about fraud in the bank even if that was the purpose of the role? Some people are really dumb.

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It's not the position, it's the juxtaposition (of the name of the position and the timing of the posting).

Look at the source, people. Trash

Everyone screamed for over a year interest rate hikes we're coming, inflation wasn't transitory. They made terrible financial bets.

Pretty sure it's working as intended then.

No risk to manage apparently “cough cough”.

While I agree with you in principle, AML/EDD managers make significantly more than $60k; that's starting salary for an AML analyst.

The job posting is still available on LinkedIn, and the description itself has a base pay range (not a LinkedIn estimate) of $130 - $240k: https://www.linkedin.com/jobs/view/3518005299

I work in financial crimes and for a Sr. Manager role, you're looking at high 100k range typically.

All I'm saying is that you gotta fail in order to know what not to do. Its not like there's decades of best practices one could look to to make sound decisions or anything. And to expect a government regulator to understand the industry? You most be out of your mind.

Real talk: this is why there needs to be a wall between civil servants and the businesses they oversee, not a revolving door. The latter create incentives for regulators to sell out and leave us holding the bag.

This is definitely an act designed to go viral. Especially since she did it in Boca of all places.

This role is for a low level employee that would get paid like $60k at best, not some C-level exec running the company. The phrase 'subject matter expert' is a giveaway that it's a role for following a particular policy

Any bank of this size would have an entire department dedicated to checks for onboarding customers/ongoing compliance.

Did you just use the word “jelly” as in “jealous” on a website other than 4chan in a year that isn’t like 2010?

Ya need help, son

If she was a Republican it would be, but since she is a democrat and served under Obama, this will not be a story

Happy you're dating someone your grandkids age day

How bout no?

You joke, but there's literally a documentary on YouTube where some sushi chef says literally that "it took me 5 years to learn how to cook rice!"

Like bro, that's not the flex you think it is.

If you drink bottled water you are ingesting microplastics.

The job posting, which is quoted in article, specifically calls out money laundering as well. There are tons of banking regulations related to prevention of money laundering.

Why does this have 1300 upvotes lmao

this is idiotic

Guess we will have to figure out the 3 seashells

I think it’s more telling that it went more than a year without a senior risk manager.

This is entirely missing the point. It isn’t just “bank bad” it’s “some banks bad, this one might be, but I don’t give a fuck either way”.

This is not unreasonable. You can get cancer and fall into unassailable medical debt whether you are a good person or not. Why should those people squeezed dry by capitalism give a shit when a bank falls to the same system?

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