Director, AML/CFT Risk Assessment

Risk Assessment:

• Help direct and manage the enterprise-wide AML/CFT risk assessment program, including periodic and event-driven refresh cycles, methodology updates, and governance reporting.
• Oversee and execute the risk assessment process to identify and evaluate the bank's AML/CFT risks across customers, products, services, geographies, delivery channels, partners, and transaction activity.
• Incorporate FinCEN AML/CFT priorities, emerging typologies, and regulatory feedback into the risk assessment methodology.

New Product & Business Initiative Review:

• Lead the AML/CFT new product, new partner, and business initiative review process, serving as a key second-line risk reviewer/approver.
• Conduct comprehensive AML/CFT risk assessments for proposed products, partnerships, distribution channels, and market expansions.
• Govern conditions of approval, compensating controls, risk acceptance criteria, and post-launch monitoring expectations.

Cross-Functional Control & Governance:

• Collaborate with 1LoD, 2LoD compliance, technology, operations, and internal audit teams to identify control gaps and ensure appropriate remediation.
• Advise business line leaders on AML/CFT obligations and translate regulatory requirements into operational control standards.
• Represent the AML/CFT risk function in enterprise risk committees and other relevant governance forums.