Senior Financial Crimes Director

Location NORTH CAROLINA, United States
Experience level Experienced Hire
Job details sector Legal and Compliance
Apply before Date not available

AXA is currently looking to hire a Senior Financial Crimes Director, to support and assist the efforts of the Chief Financial Crime Officer (“CFCO”) in the oversight and continuous improvement of the AXA US Financial Crime compliance programs.  The Financial Crime Office implements policy standards and monitors the company’s compliance with Bank Secrecy Act (BSA), USA PATRIOT Act, Anti-Money Laundering (AML), Anti-Bribery, and OFAC laws and regulations.

The Senior Director is responsible for coordinating the development, implementation and administration of the day-to-day aspects of the AXA US enterprise-wide BSA/AML, Sanctions and Anti-Bribery Compliance Programs in accordance with the CFCO’s program development strategy. This position is responsible for ensuring that corporate standards, industry standards, and regulatory expectations of the SEC, FINRA and the IRS are effectively implemented and followed.

The Senior Director will support the CFCO in the development and maintenance of an AML/BSA Program along with overseeing the Financial Crimes Investigations team, keeping in line with AXA's commitment to detect and prevent money laundering, terrorist financing, and other illegal or fraudulent activity. The Senior Director manages the day-to-day workflow of the FCO with accountability for reporting to the CFCO the effectiveness, productivity and performance of the department.  Serve as a Deputy to the CFCO and assist in providing leadership and direction to the firms AML department and business units as needed.

This position will comply with all state and federal rules, regulations and laws while utilizing sound judgment and the highest degree of confidentiality.  The Senior Director must exhibit ethical behavior and integrity in their everyday business conduct.  Must possess experience in providing solutions to complex Financial Crime issues/initiatives in an ever changing, high-risk environment and have significant experience with managing teams of 8+.  Must have comprehensive understanding of FinCEN’s new Customer Due Diligence rule and familiarity of data analytics within the FCO framework to achieve data-driven risk assessments and program metrics.


Job Requirements and Responsibilities include:

• Oversee the day-to-day aspects of the enterprise-wide Anti-Money Laundering (AML) and Financial Crimes program, working closely CFCO on the overall program delivery and operates as the stand-in as required.
• Oversee the BSA and Financial Crimes Risk Management programs to ensure enterprise wide compliance with BSA/AML, OFAC, FCPA, and Financial Crime Prevention programs.
• Enhance and manage a risk identification strategy that continually identifies new business risks and lessons learned from applicable regulatory enforcements.
• Manage organizational change management impacting the FCO and designated AML Coordinators through the company.
• Assist with the oversight of the implementation of FinCEN’s Customer Due Diligence rule throughout the company and conduct industry benchmarking as necessary.
• Oversight and accountability for AML investigations and SAR filing requirements.
• Support CFCO with communication to the Securities and Exchange Commission (SEC), FINRA, Financial Crimes Enforcement Network (FinCEN) and OFAC.
• Assist the CFCO in of reporting on the effectiveness of the programs, emerging risks, results of exams, audits, self-testing and the general regulatory landscape.

• Provide advice to business unit leaders and branch offices on various and complex AML issues by interpreting the current and proposed AML regulations, and by ensuring the respective AML policies and procedures, risk assessments and processes are sufficient to identify and address AML risks.
• Identify and drive AML risk management solutions pertaining to the Investor Services including assisting with the regulatory required annual AML Risk Assessment and assisting with coordinating with the business in developing viable management action plans to address audit and exam findings.
• Clear communication of the difference between regulatory requirements, industry standards and business risk decisions. Exceptional client focus; ability to effectively and quickly build relationships and establish trust, respect, competence and confidence.
• Other related duties as directed by the Head of Financial Crimes Office, division head or senior management.


• Strong knowledge of USA Patriot Act/Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) regulatory requirements required, including comprehensive understanding of OFAC sanctions and CDD/KYC requirements.
• 15+ years of experience in Fraud/BSA/AML compliance in the financial industry within compliance, legal or regulatory functions.
• Experience with managing teams of 8+ employees, with the ability to build and expand trusting relationships and partnerships.
• Significant experience in overseeing AML investigations and SAR filing decisions.
• Proven success at setting strategic and tactical goals and developing criteria for measuring success achieving them.
• Ability to explain new AML requirements and help to develop optimal processes to comply with those requirements.
• Demonstrated familiarity/competency in using transaction monitoring software, screening applications, and various AML Investigative tools.  Knowledge of Norkom/Detica, Lexis Nexis, Bridger, and World-Check strongly preferred.
• Strong analytical, problem solving and organizational skills.
• Excellent written/verbal communication skills required.
• Excellent investigative/analytical/problem resolution skills required.
• Able to work effectively with management, regulators and third party service providers.
• Relevant Professional Certification (Association of Certified Anti-Money Laundering Specialists (ACAMS), Associate of Certified Fraud Examiners (ACFE) or Association of Certified Financial Crime Specialists (ACFCS) is a plus.


NOTE: AXA participates in the E-Verify program.
 
In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.
 
AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
 
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AXA is a leading financial protection company, committed to fostering and maintaining a diverse, multicultural and inclusive environment, and one of the nation’s premier providers of life insurance and annuity products. The organization was established in 1859 and we are committed now more than ever to helping clients meet financial goals in all stages of their lives. One of the hallmarks of our proud heritage is providing world-class customer service.

We're always looking for smart and talented people to help us develop new and innovative ways to expand our product portfolio, reach new customers and serve well the clients already a part of the AXA family.