Director – Transaction Monitoring Program

Director – Transaction Monitoring Program

Requirements

• 8+ years experience in financial services, FinTech, or cryptocurrency industries.
• Knowledge and understanding of financial services regulation, compliance policies, standards, and procedures.
• Deep knowledge of emerging technologies used to mitigate financial crime risk, in particular AI and machine learning.
• Strong analytical and research skills, with significant experience in drafting compliance related documentation and reporting to cross-functional stakeholders.
• Analytical and metrics-driven mindsight to create substantiated solutions.
• Strong writing and oral communications skills.
• Proven leadership and team management skills in dynamic, cross-functional environments.
• Self-motivated, critical thinker, organized, detail oriented, results driven, and adept at working independently and in a dispersed team environment covering multiple and varied tasks.
• Intuitive, highly ethical and comfortable to question and challenge.

Responsibilities

• Responsible for testing/tuning existing rules, working closely with data science and product teams to provide feedback through continuous challenge and ongoing monitoring to improve existing and develop improved rules.
• Conduct horizon scanning, research and risk analysis to stay up-to-date on industry trends and advancements, leading to further development of appropriate transaction monitoring rules through precise typology identification.
• Responsible for change management framework and working with relevant stakeholders for implementation approvals. Work closely with key stakeholders to fully understand and document transaction monitoring issues and changes.
• Work closely with stakeholders, including compliance and legal teams, to ensure that our product meets all regulatory requirements and standards and issues are resolved timely, supporting policies, procedures, and guidelines on AML transaction monitoring alerts and rule settings.
• Apply strong technical experience and knowledge of both fiat and crypto transaction monitoring systems, to the development and enhancement of relevant typologies, rules & scenarios, and red flags.
• Apply regulatory and AML/CTF compliance expertise to identify opportunities for program enhancement and to collaborate with cross-functional stakeholders to implement sustainable solutions.
• Work across multiple lines of business to lead complex projects, including large scale data analytic efforts that require high attention to detail and accuracy, while managing competing priorities.

Preferred Qualifications

• Knowledge with AML/CFT/Sanctions, money transmission regulations, and industry best practices.
• Prior experience working in a multi-national or matrix environment.
• CAMS or equivalent certification.
• Cryptocurrency experience is a plus.
• Experience applying data analytics concepts (i.e , querying, forecasting) to identify emerging trends and issues.