Assistant Vice President, Financial Crime Compliance

Manulife•Boston, MA

21d•$152,900 - $283,800•Hybrid

About The Position

The Assistant Vice President, Financial Crime Compliance is the senior Financial Crime leader for a major business segment, accountable for the effectiveness and continued maturation of the Financial Crime Compliance program across the segment’s businesses and legal entities. The role sets the segment’s Financial Crime agenda, advises senior leadership on risk and regulatory priorities, and ensures segment requirements are reflected in enterprise strategy, investment, and decision-making. The incumbent leads the segment’s Financial Crime transformation, strengthens governance and management information, addresses material data and control gaps, and drives alignment with enterprise standards. The role requires executive credibility, regulatory judgment, and the ability to influence outcomes across businesses, functions, and governance forums beyond the role’s direct reporting structure. It also leads regulatory engagement and examinations, develops the segment’s target operating model, and builds a high-performing Financial Crime capability. This is a hybrid position requiring regular in-office presence at the Boston office. The advertised role is an existing vacancy.

Requirements

Significant Financial Crime Compliance leadership experience in a large insurance, banking, wealth, asset management, or diversified financial services organization.
Deep expertise across AML, sanctions, fraud, anti-bribery and corruption, and broader Financial Crime Compliance requirements.
Experience leading a material Financial Crime mandate across multiple businesses or legal entities, with accountability for senior stakeholder engagement, regulatory outcomes, transformation delivery, and specialist team development.
Experience advising senior executives, engaging regulators, and presenting to governance and Board-level committees in highly regulated environments.
Ability to set strategy, lead transformation, and drive outcomes across complex matrix organizations without direct reporting authority.
Strong understanding of Financial Crime governance, management information, data risk, control frameworks, and regulatory remediation.
Exceptional judgment, executive presence, communication, and stakeholder influence.

Nice To Haves

Professional certification such as CAMS, CFCS, CGSS, CFE, ICA, or similar.

Responsibilities

Serve as the segment’s senior Financial Crime leader and advise senior leadership on Financial Crime risk, regulatory obligations, emerging threats, and strategic priorities.
Be accountable for the effectiveness and maturation of the Financial Crime Compliance program across segment businesses and legal entities, including governance, risk assessment, regulatory readiness, issue management, and sustainable program outcomes.
Identify, prioritize, and remediate material weaknesses, ensuring clear ownership and transparent escalation when progress or residual risk is unacceptable.
Set and drive the segment Financial Crime strategy, aligning business priorities and regulatory requirements with the global Financial Crime framework and modernization agenda.
Participate in Compliance and segment leadership forums, embedding Financial Crime considerations in business strategy, change priorities, and risk decisions.
Maintain an integrated view of Financial Crime exposure, control effectiveness, regulatory developments, and program performance, with timely escalation and clear executive accountability.
Challenge business decisions, require timely remediation, and escalate material concerns when risk acceptance, investment, or delivery is not commensurate with exposure or obligations.
Ensure material risks, control limitations, and remediation delays are governed transparently, with documented ownership and appropriate risk acceptance or escalation.
Establish and mature Financial Crime governance, management information, key risk indicators, and reporting to local risk, governance, and Board-level committees where applicable; partner with the Global CAMLO Office on consistent measures.
Lead remediation of Financial Crime data, governance, and control weaknesses; partner with Data, Technology, Risk, and business teams to improve data quality, ownership, lineage, and controls, and align with the enterprise Data Risk standard.
Define and implement the segment Financial Crime target operating model with Compliance and other functions, clarifying roles, accountabilities, decision rights, and interfaces.
Lead the segment Financial Crime transformation agenda across governance, operating models, processes, data, technology, and analytics; drive adoption, resolve barriers, and hold stakeholders accountable for sustainable outcomes.
Assess program capacity, capability, and investment needs; set priorities and provide evidence-based recommendations on resources, technology, and remediation sequencing.
Lead regulatory engagement and oversee examinations, inquiries, and remediation, representing the program’s risk posture, priorities, and progress credibly.
Represent segment regulatory and business requirements in enterprise governance forums and global Financial Crime initiatives, influencing decisions and investment priorities.
Monitor the external Financial Crime threat and regulatory environment through engagement with regulators, industry bodies, and peer networks, translating developments into timely action.
Build relationships across business, Compliance, Risk, Legal, Audit, Data, and Technology, using influence to align priorities and deliver outcomes.
Build and lead a high-performing segment Financial Crime capability, setting accountabilities, developing specialist expertise and succession, and ensuring adequate capacity and skills.
Provide clear, decision-oriented reporting and recommendations to senior management and governance committees on risk, program effectiveness, transformation progress, and matters requiring action.