Director of Financial Crimes Prevention

Primary Accountabilities

• Establish and maintain a Bank-wide Financial Crimes Strategy, including a multi-year roadmap covering AML/CFT, OFAC governance, fraud risk, identity theft controls, investigations, training, analytics, and enabling technology.
• Integrate financial crimes intelligence (typologies, alerts, case outcomes, losses) across AML and fraud to improve detection, prevention, and reporting effectiveness and reduce duplication.
• Develop and report enterprise KPIs/KRIs and program performance measures (e.g., alert and case timeliness, SAR/CTR quality, fraud losses and preventions, control exceptions, model/rule performance, and issue remediation status).
• Partner with business, operations, technology, legal, and risk leaders to embed financial crimes controls into products, channels, customer journeys, and third-party arrangements.
• Lead Financial Crimes governance forums and ensure committee charters, agendas, minutes, and escalation protocols are documented and effective.
• Ensure clear three-lines-of-defense role clarity and independence protections for compliance and investigative judgments, including SAR governance and escalation.
• Serve as a senior point of contact for regulatory examinations and inquiries related to BSA/AML/OFAC and fraud risk management; coordinate narratives, documentation, and subject matter expert participation.
• Oversee timely and complete responses to examination and audit findings; ensure corrective action plans include root cause analysis, clear owners, target dates, and validation of closure.
• Establish enterprise governance for SAR decisioning, escalation, and quality assurance; ensure standards for documentation, evidence retention, and timely filing are maintained.
• Oversee enterprise fraud risk management principles (governance, prevention, detection, response, and reporting) commensurate with the Bank’s size, complexity, and risk profile.
• Establish governance for monitoring/detection systems (transaction monitoring, sanctions screening, fraud detection, case management), including change control, rule/threshold tuning governance, performance monitoring, and audit trails.
• Oversee vendor management expectations for financial crimes systems and service providers, including due diligence, ongoing monitoring, and contractual control requirements.
• Create an environment where the Bank’s performance management process is administered fairly; hold others accountable, address performance issues appropriately, provide frequent development opportunities, and make investments to allow for the advancement of existing staff.

Minimum Qualifications

• Education: Bachelor’s Degree from an accredited 4-year university, preferably in a related field required.
• Experience: 10+ years of experience in financial crimes risk management and/or compliance within a regulated financial institution, including meaningful BSA/AML and/or fraud leadership exposure required.
• 7+ years in a Supervisory role or 5+ years of management experience managing 3 to 5 employees required.
• Licenses/Certifications: Professional certifications such as CAMS/ACAMS (or equivalent), CFE, CRCM, or similar financial crimes/risk credentials preferred.