Head of AML Transaction Monitoring – Financial Intelligence Unit

This is a fully remote position, open to applicants in North Carolina.

📋 Description

• Oversee the Bank's AML transaction monitoring model owner function, guiding its strategic direction, effectiveness, performance, and continuous management of the AML transaction monitoring model portfolio.

• Lead and cultivate a high-performing team of AML model owners, focusing on performance management, coaching, talent acquisition, training, subject matter expertise, and career progression.

• Set priorities for the AML transaction monitoring model portfolio by assessing financial crime risks, coverage requirements, model performance, regulatory standards, and emerging threats and typologies.

• Provide leadership throughout the AML transaction monitoring model lifecycle, including strategy formulation, development, implementation, performance evaluation, tuning, testing, enhancements, modifications, and ongoing oversight.

• Collaborate with Model Development, Model Risk Management, Technology, Data, Investigations, and other Financial Crimes teams.

• Advocate for data quality and data management practices that support AML transaction monitoring models.

• Ensure the delivery of precise and actionable analytics, reporting, and data insights for decision-making and Financial Crimes Program operations.

• Govern, uphold, and execute model ownership processes, decisions, procedures, and documentation in accordance with enterprise standards.

• Foster partnerships across Financial Crimes and the broader organization to advance strategic objectives and enhance the Bank's AML transaction monitoring program.

• Represent the AML transaction monitoring model owner function during regulatory examinations, internal audits, model validations, governance, and independent reviews; lead issue remediation efforts.

⛳️ Requirements

• Bachelor's Degree or a comparable combination of education and experience.

• Proven analytical, project management, and organizational capabilities.

• Experience with metrics, reporting, data, modeling, and/or technology initiatives.

• A decade of SAS experience or other relevant model development software experience dealing with large data sets and applicable statistical procedures.

• Ability to test, maintain, and monitor models, including threshold tuning, sensitivity analyses, and scenario testing.

• Excellent written and verbal communication abilities.

• Strong interpersonal skills with the capacity to engage effectively with all management levels.

• Robust leadership and decision-making capabilities.

• Ability to collaborate with cross-functional teams in a high-stress, fast-paced, and rapidly evolving environment, including teammates in multiple geographical locations.

• Strong work ethic and a commitment to enhancing knowledge and technical skills.

• Capability to navigate ambiguity and adapt to changing objectives.

• Strong problem-solving abilities.

• Master's degree in a quantitative field or equivalent education and related training (preferred).

• Seven years of demonstrated experience in Anti-Money Laundering, OFAC, Fraud, and/or Compliance Intelligence programs (preferred).

• Familiarity with laws, rules, and regulations affecting financial crimes programs (preferred).

• Certified Anti-Money Laundering Specialist (CAMS) or other relevant professional certifications (preferred).

• Willingness to work all scheduled hours, including overtime as required by business needs.

• Up to 25% travel may be necessary.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• Life insurance.

• Disability insurance.

• Accidental death and dismemberment coverage.

• Tax-preferred savings accounts.

• 401k plan.

• At least 10 days of vacation in the first year (prorated).

• 10 sick days (prorated).

• Paid holidays.

• Defined benefit pension plan (depending on position and division).

• Restricted stock units (depending on position and division).

• Deferred compensation plan (depending on position and division).