Silicon Valley bank posted 'financial crimes' senior manager job listing just before being shut down
Silicon Valley Bank customers were seen outside a Menlo Park, California location, Friday, after the Federal Deposit Insurance Corporation seized its assets.
Silicon Valley Bank posted a job listing for Senior Manger, Financial Crimes on Friday just before it was shut down by regulators.said in a press release on Friday that SVB was closed by the California Department of Financial Protection and Innovation, which appointed the FDIC as the receiver of insured deposits of the bank.
Silicon Valley Bank posted a job listing for Senior Manger, Financial Crimes on Friday just before it was shut down by regulators. "This position within Client [Bank Secrecy Act] Risk assesses Prospective client [Bank Secrecy Act]/[Anti-Money Laundering] risks pre-onboarding to approve or decline the Prospect as well as review Clients who may pivot during their relationship and require approval throughout the client’s relationship," the job description states.
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