VP Payments Compliance Advisor

Responsibilities Responsible for liaising with regulatory agencies and presenting the Bank's achievements during regular reviews, periodic visits, or audit meetings Collaborates with a large globally dispersed support team and key stakeholders outside the organization Interacts with a broad spectrum of business partners ranging from Challenger banks, Fintech firms, Card Networks, and payment industry leaders to advise on the development, execution, and operation of innovative products and services Serves as the FCRM advisory lead for assigned program manager portfolios and lines of business Owns the BSA/AML and Sanctions risk assessments for those programs and translates regulatory expectations into clear, well-documented guidance Develops close working relationships with business leaders and other stakeholders to advance a culture of compliance within the organization Prepares reports to be used by various oversight and governance committees to understand BSA risk and other related activities and trends Assists with drafting, updating, maintaining AML and Sanctions policies, programs, and procedures Assists in the coordination of regulatory exams and independent audits Implements and maintains processes to ensure compliance with Federal, State, and network rules and regulations and Bank policies/procedures Advises lines of business during the development of new products and services and evaluates BSA/AML & Sanctions risk level Tracks BSA/AML and Sanctions industry developments and maintains up-to-date knowledge of regulatory changes, existing laws, and regulations impacting the organization Collaborates and assists with the BSA/AML and Sanctions Risk Assessments in communication with the Director, FCRM Advisory Produces and maintains clear, audit-ready documentation, including procedures, risk assessments, control narratives, and decision records, to support program transparency and examination readiness Plans and manages advisory initiatives through the team’s project-management and concept-to-implementation workflow, sequencing work and tracking deliverables to completion Prepares and delivers executive summaries of activities, actions, controls, and risk assessments for the area Requirements Undergraduate degree in a related field or an equivalent combination of training and experience A minimum of 8 years of successful and relevant experience in BSA/AML and Sanctions 3+ years of experience in a senior compliance role at a bank, card network, fintech, or in the payments industry Master’s/JD Degree, preferred APRP, CAMS, or CRCM Certification is preferred Deep knowledge and experience with best practices in payment and banking technologies, payment rails, and corresponding regulations, preferred Knowledge of AML typologies and emerging risks in financial crime and money laundering, preferred Previous experience working with internal auditors, financial regulators, and card networks, including audits and examination response and remediation of identified issues, preferred Experience applying AML guidance in non-traditional bank settings to address unique risks posed by Fintech firms and Challenger banks, preferred Problem-solving and decision-making skills, with the ability to analyze complex information to identify the critical issue and drive resolution, preferred Expert knowledge of regulations and compliance best practices related to BSA/AML, OFAC, CIP, and KYC, preferred Demonstrated ability to build strong relationships, as well as management and influencing skills, preferred Collaborative and team player, preferred Hands-on experience designing and executing enterprise-wide and program-level BSA/AML and Sanctions risk assessments, preferred Strong documentation discipline and project-planning skills, with a track record of producing clear procedures, risk assessments, and decision records and managing initiatives to completion, preferred Excellent written and verbal communication skills, with proven ability to translate complex regulatory requirements for business, product, technology, legal, and audit audiences, preferred. #J-18808-Ljbffr Jobtailor