VP Payments Compliance Advisor (Hybrid)

Job Summary

Work Arrangement: This position is available as a hybrid position in our Wilmington, DE office.

About the Role

Works closely with business leaders and other stakeholders to foster a culture of compliance within the organization.

Responsibilities

• 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.
• Coordinates regulatory exams and independent audits.
• Implements and maintains processes to ensure the Bank, program managers, processors, and other agents comply with Federal, State, and network rules and regulations and Bank policies/procedures.
• Serves as the FCRM advisory liaison for assigned program manager portfolios and lines of business, owning day-to-day BSA/AML and Sanctions guidance and the related risk and issue management for those programs as directed.
• 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.
• Reviews, analyzes, and makes risk-based decisions on disputes regarding Client and relationships and account closures.
• Develops and maintains management reporting and monitoring and tracking of issues related to the program.
• Provides strategic consultation to the business lines and serve as FCRM lead in the new products and services process with respect to business line initiatives.
• Ensures that the BSA/AML and Sanctions risk management environment in the lines of business are appropriately aligned with corporate policy and standards.
• Performs other duties as assigned.

Qualifications

• 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.
• 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.