This is an idiotic "article". Essentially all financial firms are going to have financial crimes staff in order to comply with their legal obligations around anti-money laundering, fraud prevention, and sanctions compliance. An EDD manager like the one that the article talks about is needed because banks are literally legally mandated to have due diligence processes to comply with anti-money laundering laws.

It would be a huge issue if SVB didn't have financial crimes staff.

Not to mention that at least as of now, we don't have reason to believe that SVB's collapse was in any way criminal. Poor portfolio risk management could be negligent, but there's a legal threshold to cross before it would be considered criminally negligent. Regardless, a financial crimes team has nothing to do with financial risk management of the sort that brought down SVB; that would be the financial risk management team.