Job Description

Responsibilities

• Oversee and strengthen enterprise AML/CFT policies, governance practices, risk controls, and compliance monitoring.
• Interpret evolving financial crime regulations and implement enhancements aligned with BSA, FinCEN, OFAC, SEC, and FINRA expectations.
• Advise internal stakeholders on AML risks associated with new business initiatives, investment products, and client relationships.
• Lead financial crime risk assessments, evaluate control effectiveness, and recommend improvements to address identified gaps.
• Provide guidance on complex KYC reviews, high-risk investors, sanctions exposure, beneficial ownership, and enhanced due diligence.
• Support suspicious activity escalations, investigations, and regulatory reporting processes.
• Prepare risk assessments, compliance updates, and remediation reporting for senior leadership and governance committees.
• Coordinate regulatory examinations, internal audits, independent reviews, and compliance testing activities.
• Assess external service providers responsible for AML/KYC functions, including their procedures, monitoring capabilities, and regulatory controls.
• Oversee corrective action plans, track outstanding compliance issues, and ensure timely remediation.
• Partner with Legal, Risk, Operations, and Technology to strengthen financial crime prevention practices.
• Develop AML training initiatives and provide guidance on emerging risks, regulatory expectations, and escalation protocols.

Job Tags

Similar Jobs