Director, Financial Crime Compliance Risk

Location: New York, NY - 2 days a week onsite

About the Firm:

This role is with a leading global financial institution operating here in the US.

Role:

The Director of Financial Crime Compliance Risk, will play a pivotal role in managing and enhancing the organization’s Financial Crime Compliance (FCC) programs. This position focuses on Anti-Money Laundering (AML), Sanctions, and Anti-Bribery & Corruption (ABC) compliance responsibilities within the second line of defense. The role includes overseeing BAU (business-as-usual) activities, managing program frameworks, and driving key remediation efforts.

Key Responsibilities:

Strategic Oversight:

• Lead the development, implementation, and refinement of FCC frameworks, policies, and controls, particularly in AML and Sanctions Program management.
• Oversee first-line operations, client engagement, and other operational functions to ensure compliance.
• Manage the FCC Quality Assurance program and enhance compliance controls across the organization.
• Collaborate with Enterprise Data Management to meet regulatory requirements for model documentation related to money laundering, terrorist financing, and sanctions.
• Execute FCC Compliance Risk Assessments, including data collection, governance, and stakeholder engagement.

Operational Execution:

• Support BAU compliance activities such as sanctions filtering, alert management, investigations, and quality assurance.
• Develop and analyze compliance metrics to provide insights for internal risk management and board reporting.
• Identify and implement program enhancements, leveraging data analytics and innovative IT tools.
• Ensure compliance with AML and sanctions-related requirements for new products, initiatives, and technology enhancements.
• Assist in internal and regulatory audits, ensuring BSA/AML program objectives meet established controls and standards.

Qualifications and Experience:

Essential:

• Bachelor’s degree (B.A. or B.S.) in a related field.
• Minimum of 10 years of experience in financial crime compliance, risk management, or a similar discipline within financial services.
• Demonstrated experience in drafting BSA/AML policies, procedures, and risk assessments (writing samples required).
• CAMS or equivalent AML/Sanctions certification.

Desirable:

• Advanced degree in law, business, or a quantitative field (math/computer science).
• Familiarity with automated compliance tools such as NetReveal, AMT, or Surety.

Personal Attributes:

• Proven ability to lead cross-functional teams and drive results.
• Highly organized and detail-oriented with strong project management skills.
• Adept at managing competing priorities and meeting deadlines in a dynamic environment.
• Exceptional communication skills, including technical writing and public speaking.
• Comfortable interacting with senior stakeholders and regulatory bodies.

This is a unique opportunity for an experienced compliance professional to make a significant impact within a dynamic and globally recognized institution. If you thrive on tackling complex challenges and driving meaningful change in financial crime compliance, this role is for you.