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Global Financial Crimes Governance

Charlotte, North Carolina;

Job Description:

The Global Financial Crimes (“GFC”) Manager executes substantive money laundering, economic sanctions and fraud compliance and operational risk practices relevant to the manager's specific area of responsibility. The GFC Manager is accountable for the requirements of the Global Compliance and Financial Crimes Enterprise Policies, Compliance and Operational Risk Management Program (“CORM Program”), the Global Compliance - Enterprise Policy, the Operational Risk Management – Enterprise Policy (collectively “the Policies”) and the Enterprise Fraud Risk Management Standard and works directly or through compliance officers for the Front Line Units (“FLUs”) and Control Functions (“CFs”) to complete those requirements.

The GFC Manager proactively engages with other Chief Compliance and Operational Risk (“C&OR”) officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The GFC Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries. The GFC Manager also contributes as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team or may act as an individual contributor.

Activities this role performs include, but are not limited to:

• Produces and/or oversees independent financial crimes risk management reporting to Global Compliance & Operational Risk (“GC&OR”) Senior Leaders and FLU/CF Senior Leaders via established governance and management routines
• Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers (trade associations, PACs, lobbyists, consumer groups, and media) in the EAC subject area to identify and mitigate emerging risks
• Identifies regulatory training needs and provides subject matter expertise to support the development of training curriculum
• Advises and directs the development and maintenance of financial crimes owned policies and standards and the review of relevant FLU/CF-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
• Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders on those changes, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed; ensures a comprehensive regulatory inventory
• Identifies, aggregates, reports, escalates, inspects and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
• Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
• Responsible for the remediation of financial crimes related C&OR “owned” issues and control enhancements to ensure they are addressed appropriately and timely
• Participates in the development and maintenance of the global financial crimes coverage plan which defines the scope and risk-based focus of the second line’s risk management activities and/or oversees execution of monitoring, testing, and risk assessments, communicate results
• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
• Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate
• Participates in Scenario Analysis activities for coverage areas and challenges as appropriate
• Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation

Additional activities may include:
• Partners in the filing of all regulatory reports for the Company related to Financial Crimes
• This role may have Money Laundering Reporting Officer responsibilities

Job Description: 
The Global Financial Crimes (“GFC”) Manager executes substantive money laundering, economic sanctions and fraud compliance and operational risk practices relevant to the manager's specific area of responsibility. The GFC Manager is accountable for the requirements of the Global Compliance and Financial Crimes Enterprise Policies, Compliance and Operational Risk Management Program (“CORM Program”), the Global Compliance -- Enterprise Policy, the Operational Risk Management – Enterprise Policy (collectively “the Policies”) and the Enterprise Fraud Risk Management Standard and works directly or through compliance officers for the Front Line Units (“FLUs”) and Control Functions (“CFs”) to complete those requirements.

The GFC Manager proactively engages with other Chief Compliance and Operational Risk (“C&OR”) officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The GFC Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries. The GFC Manager also contributes as a manager responsible for providing leadership direction to attract, assess, develop, motivate, and retain a team or may act as an individual contributor.

Role Overview: 
This role is designed to manage governance and executive reporting activities for the GFC BSA/AML Program.

Key Responsibilities: 
•    Manages and executes GFC governance and management routines, structure, and escalations, including: GFC Committee (serve as Secretary), Enterprise Fraud Risk Committee, GFC Non-US Business Council, and escalation to the Global Compliance and Operational Risk Committee (“GCORC”), and management and board committees to drive consistent communications and drive timely escalations of key financial crimes risks
•    Drives execution and quality assurance of GFC monthly and quarterly financial crimes required reporting deliverables which support GFC escalations to key stakeholders (e.g., GFC, GC&OR, front line units, senior management, board)
•    Manages internal GFC routines such as the GFC Program Execution Calendar, GFC Program Oversight Working Session meetings, Program Performance and Investigations and Analytics meetings
•    Serves as point of contact with GC&OR Governance and Reporting team to ensure connectivity, integration, and consistency of GFC governance, escalations, and executive reporting to GC&OR, senior management and board committees (includes escalations to FLU State of Compliance and Operational Risk Reports (“SCORs”)
•    Manages process for Bank Secrecy Act Officer’s annual Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) Report to the company’s Audit Committee; includes close coordination with content owners, quality assurance of content and facts and partnership with Audit Committee team
•    Leads the organization and process for GFC's responses to exam, audit, litigation, and supervisory inquiries related to GFC governance and executive reporting processes.
 

Required Skills: 
•    Minimum 7 Years Business & Functional Experience
•    Degree Required: Bachelor’s Degree or equivalent experience
•    Strong risk management and governance mindset with high attention to detail
•    Ability to manage multiple and competing priorities 
•    Ability to work and lead in a matrixed environment and partner well with stakeholders
•    Demonstrated ability to think strategically and execute tactically against complex business situations
•    Proven ability and willingness to adjust well and quickly to changing demands and requirements
•    Effectively build working relationships, across various management levels and teams, based on mutual trust and respect
•    Strong written and verbal communication skills
•    Basic understanding of Financial Crimes Policy and Standards

Desired Skills:
•    Financial Services and/or related Government Entity
•    ACAMS certification a plus
 

Required Skills: Minimum Years Business & Functional Experience: 7 Years
Degree Required: Bachelor’s degree or equivalent experience

Desired Skills: Financial Services and/or related government entity

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Global Financial Crimes (“GFC”) Manager executes substantive money laundering, economic sanctions and fraud compliance and operational risk practices relevant to the manager's specific area of responsibility. The GFC Manager is accountable for the requirements of the Global Compliance and Financial Crimes Enterprise Policies, Compliance and Operational Risk Management Program (“CORM Program”), the Global Compliance - Enterprise Policy, the Operational Risk Management – Enterprise Policy (collectively “the Policies”) and the Enterprise Fraud Risk Management Standard and works directly or through compliance officers for the Front Line Units (“FLUs”) and Control Functions (“CFs”) to complete those requirements.

The GFC Manager proactively engages with other Chief Compliance and Operational Risk (“C&OR”) officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The GFC Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries. The GFC Manager also contributes as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team or may act as an individual contributor.

Activities this role performs include, but are not limited to:

• Produces and/or oversees independent financial crimes risk management reporting to Global Compliance & Operational Risk (“GC&OR”) Senior Leaders and FLU/CF Senior Leaders via established governance and management routines
• Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers (trade associations, PACs, lobbyists, consumer groups, and media) in the EAC subject area to identify and mitigate emerging risks
• Identifies regulatory training needs and provides subject matter expertise to support the development of training curriculum
• Advises and directs the development and maintenance of financial crimes owned policies and standards and the review of relevant FLU/CF-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
• Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders on those changes, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed; ensures a comprehensive regulatory inventory
• Identifies, aggregates, reports, escalates, inspects and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
• Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
• Responsible for the remediation of financial crimes related C&OR “owned” issues and control enhancements to ensure they are addressed appropriately and timely
• Participates in the development and maintenance of the global financial crimes coverage plan which defines the scope and risk-based focus of the second line’s risk management activities and/or oversees execution of monitoring, testing, and risk assessments, communicate results
• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
• Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate
• Participates in Scenario Analysis activities for coverage areas and challenges as appropriate
• Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation

Additional activities may include:
• Partners in the filing of all regulatory reports for the Company related to Financial Crimes
• This role may have Money Laundering Reporting Officer responsibilities

Job Description: 
The Global Financial Crimes (“GFC”) Manager executes substantive money laundering, economic sanctions and fraud compliance and operational risk practices relevant to the manager's specific area of responsibility. The GFC Manager is accountable for the requirements of the Global Compliance and Financial Crimes Enterprise Policies, Compliance and Operational Risk Management Program (“CORM Program”), the Global Compliance -- Enterprise Policy, the Operational Risk Management – Enterprise Policy (collectively “the Policies”) and the Enterprise Fraud Risk Management Standard and works directly or through compliance officers for the Front Line Units (“FLUs”) and Control Functions (“CFs”) to complete those requirements.

The GFC Manager proactively engages with other Chief Compliance and Operational Risk (“C&OR”) officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The GFC Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries. The GFC Manager also contributes as a manager responsible for providing leadership direction to attract, assess, develop, motivate, and retain a team or may act as an individual contributor.

Role Overview: 
This role is designed to manage governance and executive reporting activities for the GFC BSA/AML Program.

Key Responsibilities: 
•    Manages and executes GFC governance and management routines, structure, and escalations, including: GFC Committee (serve as Secretary), Enterprise Fraud Risk Committee, GFC Non-US Business Council, and escalation to the Global Compliance and Operational Risk Committee (“GCORC”), and management and board committees to drive consistent communications and drive timely escalations of key financial crimes risks
•    Drives execution and quality assurance of GFC monthly and quarterly financial crimes required reporting deliverables which support GFC escalations to key stakeholders (e.g., GFC, GC&OR, front line units, senior management, board)
•    Manages internal GFC routines such as the GFC Program Execution Calendar, GFC Program Oversight Working Session meetings, Program Performance and Investigations and Analytics meetings
•    Serves as point of contact with GC&OR Governance and Reporting team to ensure connectivity, integration, and consistency of GFC governance, escalations, and executive reporting to GC&OR, senior management and board committees (includes escalations to FLU State of Compliance and Operational Risk Reports (“SCORs”)
•    Manages process for Bank Secrecy Act Officer’s annual Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) Report to the company’s Audit Committee; includes close coordination with content owners, quality assurance of content and facts and partnership with Audit Committee team
•    Leads the organization and process for GFC's responses to exam, audit, litigation, and supervisory inquiries related to GFC governance and executive reporting processes.
 

Required Skills: 
•    Minimum 7 Years Business & Functional Experience
•    Degree Required: Bachelor’s Degree or equivalent experience
•    Strong risk management and governance mindset with high attention to detail
•    Ability to manage multiple and competing priorities 
•    Ability to work and lead in a matrixed environment and partner well with stakeholders
•    Demonstrated ability to think strategically and execute tactically against complex business situations
•    Proven ability and willingness to adjust well and quickly to changing demands and requirements
•    Effectively build working relationships, across various management levels and teams, based on mutual trust and respect
•    Strong written and verbal communication skills
•    Basic understanding of Financial Crimes Policy and Standards

Desired Skills:
•    Financial Services and/or related Government Entity
•    ACAMS certification a plus
 

Required Skills: Minimum Years Business & Functional Experience: 7 Years
Degree Required: Bachelor’s degree or equivalent experience

Desired Skills: Financial Services and/or related government entity

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22056636

Band: H4

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Jeff Fey

Referral Bonus:

0