Assistant Vice President, Financial Crime Compliance

Manulife • Boston, MA

3d • Hybrid

About The Position

The Assistant Vice President, Financial Crime Compliance serves as the senior Financial Crime leader for a major business segment and is 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 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.

The position is based in Boston, Massachusetts, and is designated hybrid, requiring regular in-office presence. The salary range is $152,900 to $283,800 USD, with potential incentive compensation tied to business and individual performance. Eligible employees may participate in customizable benefits and retirement savings plans.

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.
• Demonstrated 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.
• Demonstrated experience advising senior executives, engaging regulators, and presenting to governance and Board-level committees in highly regulated environments.
• Proven 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 certifications such as CAMS, CFCS, CGSS, CFE, ICA, or similar.

Responsibilities

• Serve as the senior Financial Crime leader for the segment, advising senior leadership on Financial Crime risk, regulatory obligations, emerging threats, and strategic priorities.
• Be accountable for the effectiveness and continued 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, with 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 relevant 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, and ensure timely escalation and executive accountability.
• Challenge business decisions, require timely remediation, and escalate material concerns when risk acceptance, investment, or delivery is not commensurate with exposure or regulatory 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, including management information, key risk indicators, and reporting to local risk, governance, and Board-level committees where applicable.
• Partner with the Global CAMLO Office to develop consistent measures for effective challenge, oversight, and decision-making.
• 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 key 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 cross-functional barriers, and hold stakeholders accountable for sustainable outcomes.
• Assess program capacity, capability, and investment needs; establish 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.
• 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 competing priorities and deliver outcomes.
• Build and lead a high-performing Financial Crime capability, setting accountabilities, developing specialist expertise and succession, and ensuring the operating model has the capacity and skills to meet obligations.
• Provide decision-oriented reporting and recommendations to senior management and governance committees on risk, program effectiveness, transformation progress, and matters requiring action.

Benefits

• Eligible employees may receive health, dental, mental health, vision, short- and long-term disability, life, and AD&D insurance coverage.
• Adoption/surrogacy and wellness benefits, plus employee and family assistance plans.
• Retirement savings plans, including pension/401(k) savings plans, and a global share ownership plan with employer matching contributions.
• Financial education and counseling resources.
• Paid time off in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law), along with statutory leaves of absence.
• Incentive compensation tied to business and individual performance.
• Flexible environment supporting employee well-being and inclusion.
• Learning and career growth support.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed