VP Financial Crime Compliance

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Job #: 15275
Status: Inactive / Filled
Title: VP Financial Crime Compliance
Job Location: Manhattan, NY
Base Compensation: $110,000 — $150,000
Total Compensation: $150,000 — $180,000
Benefits: Excellent Benefits Package
Is Employer Willing to Relocate?: No
Employment Type: Full Time / Direct Hire
Job Categories: Compliance & Legal
Industries: Banking


Global investment bank seeks VP, Financial Crime Compliance, to support the sufficiency and consistency of franchise-wide financial crime risk management practices and internal controls. The hired candidate will join a team conducting on-site assessments, targeted reviews, and ad hoc assignments that help management identify, re mediate, and escalate emerging financial crime issues.


• End to end planning and execution of conformance testing across the Americas • Providing accurate, consistent and timely reporting to the Regional Head of Conformance Testing, • Monitoring of key financial crime controls across the region • Managing and providing leadership to other Conformance Team members as appropriate Main Duties Implementation of Americas portion of Global CIB Conformance Testing program • Develop and perform conformance testing reviews to ensure ongoing compliance with the Financial Crime Program in the following areas: Know Your Customer, Risk Scoring methodologies or transaction Monitoring, Suspicious Activity Reporting , Financial Crime Training and Awareness , Third party payments to Sanctions screening practices and related operational processes , Anti-Bribery and Corruption controls/Gifts & Entertainment • Prepare final conformance reports for distribution to stakeholders. • Help drive corrective actions needed to improve Financial Crime processes and procedures. • Participate in other ad hoc reviews based on regulatory and management expectations. • Build and maintain effective working relationships with key business areas, senior management, and other stakeholders across all regions. • Assist with the coordination and management of regulatory exams, as required. • Identify, assess, and monitor financial crime compliance risk across relevant Business Units. • Ensure that controls related to Financial Crime Compliance Framework are appropriately embedded within business as usual processes and policies and procedures. • Assess the appropriateness of company policies and applicable Business Unit policies. • Assess the level of adherence to internal policies and regulatory guidance on AML, Sanctions, and ABC. • Work with the business, Internal Audit, and compliance management on special-purpose financial crime assessments, consultations, and project work, as required. • Identify best practices for managing financial crime risks. • Assist business management with remediation efforts to address regulatory and audit findings. • Work with key stakeholders to agree and monitor action plans to make the Control Framework effective • Escalate by appropriate means deficiencies identified in the Control Framework• Participate in annual risk assessment exercise. • Coordinate and manage Financial Crime conformance activities across the region. Provide oversight and direction • Liaison with CIB Conformance Testing teams in other regions to ensure global oversight of Fin Crime risks • Prepare regular updates for Monthly FCC Reports, Quarterly Governance Committee Reports, FCC Leadership Meetings, Group reporting, and Operational Risk reporting • Monitor and track Action Plans arising from CIB and Group Conformance Reviews, risk assessments, Group mandates, self-identified issues, BIA audits, and regulatory exams. Monitor BIA and regulatory activity within the region.


• BA/BS degree with 7+ years of experience in Compliance in a large global financial institution, and specifically in capital markets and corporate banking businesses . Regulatory experience a plus, with proven record of success in financial crime compliance a must. 2+ years of experience in and strong understanding of AML, Sanctions, and ABC regulations, governance and regulatory control frameworks and best practices as well as related systems, technologies and experience with KYC and enhanced Due Diligence processes. • 2+ years of experience with Know Your Customer, Due Diligence, and Enhanced Due Diligence processes • Big 4 experience, Experience in IT reviews and proven knowledge of conformance testing and/or compliance audit processes highly desired.


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