VP, Financial Crimes Governance Risk Lead

Role Description

The Financial Crime Governance and Risk Lead is responsible for the management and delivery of Financial Crime policies, risk assessment methodologies and outputs, anti-money laundering (AML)/countering the financing of terrorism (CFT) transaction monitoring strategy, fraud monitoring strategy, customer risk rating methodology, and Financial Crime systems and data oversight. This role provides leadership across these areas to ensure a robust risk management program is implemented at the Bank to manage sanctions, fraud, and AML/CFT risks. The Lead will partner with the Financial Crime team, Information Security, Payments, Operations, Digital Banking, Risk, and business-line teams to deliver a comprehensive approach and documentation in managing these Financial Crime risks. This role will be critical in establishing and maintaining the Financial Crime program’s governance and risk processes through the launch and scaling of Tokenized Deposits.

Qualifications

• 10+ years of experience in financial crimes, fraud prevention, or related governance and risk roles within a financial institution.
• Strong understanding of Financial Crime risk assessment frameworks.
• Strong understanding of AML/CFT transaction monitoring frameworks.
• Strong understanding of payment systems (ACH, wires, checks, cards, RTP), fraud typologies, and digital-banking risk.
• Working knowledge of regulatory requirements including Reg E, OFAC, BSA/AML, and Fair Access Banking principles.
• Bachelor’s degree in Business, Finance, Criminal Justice, or related field; or equivalent work experience.

Requirements

• Maintains the Bank’s Financial Crime policies, ensuring updates as needed.
• Leads the Bank’s annual and ongoing Financial Crime risk assessments, including AML/CFT, Sanctions, and Fraud.
• Develop and maintain the Bank’s AML/CFT and Fraud monitoring approach to ensure coverage is requisite to its risk profile.
• Tracks Financial Crime industry trends, regulatory changes, and threat intelligence to inform risk mitigation strategies.
• Continuously enhances Financial Crime risk management efforts, identifying opportunities to reduce risk while supporting compliant and fair customer access to banking services.
• Aids in the delivery of training and guidance to staff, management, and cross-functional teams on Financial Crime risks, typology examples, policy applicability, and mitigation tools/approaches.
• Prepares clear and timely fraud trend analyses, fraud dashboards, and loss reports for clear fraud oversight.
• Supports in the operational delivery of the Financial Crime program as needed.
• Ensure team members are delivering outcomes in line with the Bank’s policies and procedures.
• Supports Fair Access Banking by ensuring controls and decisioning align with nondiscriminatory practices, consumer protection laws, and equitable access principles.

Benefits

• Comprehensive benefits package & 401(k) match
• Professional development - opportunities for advancement!
• Tuition assistance
• Transit reimbursement
• Paid time off
• & more!