FIU Governance Program Manager (Hybrid/Richmond, VA)

Atlantic Union Bank

9d•Hybrid

About The Position

While working within and across the teams in the second line of defense enterprise regulatory risk management program, the BSA/AML and OFAC Governance Program Manager is responsible for identifying, assessing, and providing expert advice on regulatory risk, and working with the lines of business and partners to mitigate compliance risk. The successful candidate will be an analytical thinker, self-starting, with strong communication, influencing, relationship building, and problem solving skills. The BSA/AML and OFAC Governance Program Manager will use these skills to drive actions that sustain business objectives and processes in a well-managed and compliant way.

Requirements

Bachelor’s degree in criminal justice, Business or a related field, or a combination of education and experience equivalent to such a degree.
Must have at least 7 years’ experience in BSA/AML/OFAC (Sanctions) in risk, regulatory or compliance management; regulatory advisory or governance functions.
Experience supporting audits, regulatory expectations, or enterprise risk initiatives.
Excellent communication and influencing skills, with the ability to make decisions under pressure and mitigate escalations.
Experience working in collaborative, cross‑functional environments, with the ability to manage multiple priorities and deadlines.
Banking Subject Matter Expertise, preferably in Wholesale, Commercial, Trust and Wealth lines of businesses.
Experience with, or willing to learn, artificial intelligence to affect program and advisory activities (e.g. drafting policies, procedures, risk and impact analyses of regulatory changes, etc.).
Stays abreast of current industry trends and new technologies through professional associations, trade journals, networking, and associated training and seminars.
Experience with strategy development and implementation, inclusive of the implementation of new and/or revised regulations, advisories or related regulatory guidance in a fast-paced environment.
Demonstrated ability to interact effectively with senior leaders and build effective work relationships while achieving stated objectives.
Advanced communication and interpersonal skills with the ability to prepare and lead presentations.
High level of self‑motivation, initiative, detail oriented, able to work independently and in a team environment.

Nice To Haves

Preferred certification such as Certified Anti-Money Laundering Specialists (CAMS), Certified Fraud Examiners (CFE) or Certified Financial Crime Specialists (ACFCS).

Responsibilities

Maintain an understanding of BSA/AML and OFAC relevant laws, regulations, guidelines, and advisories
Acts as subject matter expert by providing advisory guidance and effective challenge
Support regulatory applicability mapping to business (or other line of defense) processes.
Maintain awareness of emerging risks, assess how they may impact the Bank, and develop and implement risk mitigation strategies to address identified risks effectively.
Works with functional management to ensure risks are properly identified in new products/services and conversions by attending project meetings
Establish and maintain policies, standards and procedures (PSPs), and controls that demonstrate adherence to relevant laws and regulations.
Maintains the enterprise BSA/AML and OFAC PSPs, supporting business procedural reviews for regulatory applicability and interpretation accuracy.
Maintains the BSA/AML and OFAC Program’s intranet page on AUB’s intranet site.
Conducts independent reviews of lines of business and applicable non-bank affiliates, BSA, AML, and Sanctions Red Flags procedures, and FIU training materials to ensure compliance with laws and regulations.
Publishes gap analysis memos to document reviews of procedures and tracks successful remediation of issues identified if applicable.
Collaborate in executing the life cycle of the enterprise BSA/AML and OFAC Sanctions risk assessment, including the support of addressing recommendations, recommendations and communication (e.g. status updates, office hours, etc.).
Monitor the effectiveness of risk mitigation measures and adjust, as necessary.
Support issue management activities as per enterprise standards, providing effective BSA/AML and OFAC oversight and engagement regulatory SMEs as necessary.
Manage oversight, status reporting and escalations, as necessary, to ensure remediation activities are fully satisfied.
Collaborate with other departments, including Legal, Risk Management, Systems and Data Governance, Internal Audit, and Business Units, as needed.
Works with functional management to ensure alignment with strategy/policies and business line objectives
Serve as the subject matter expert for AML and Sanctions. Collaborates and guides the lines of business and applicable non-bank affiliates on: AML and Sanctions policies and procedures, identifying control gaps and/or remediation needed; products and service advice relative to FIU impact, audits and exams; managing issues; escalating through proper channels, as needed; and recommending corrective actions for non-compliance.
Facilitate responses to attestations/questionnaires (e.g., Wolfsberg).
Facilitate vendor/contract management due diligence and reviews including ongoing risk management, performance and related contractual oversight.
Coordinate and support internal and external independent assessments (exams, audits, etc.) of the BSA/AML and OFAC Sanctions compliance programs.
Respond to independent assessment findings and observations, supporting the oversight of remediation planning and associated corrective actions as necessary, in a timely fashion.
Provide status reporting on all findings, observations and related observations stemming from independent assessments.
Collaborates with HR and Enterprise training teams to administer BSA/AML and OFAC Sanctions training assignments for targeted and foundational training modules.
Track completion rates and escalate non-completion of training assignments to meet targeted completion rates.
Manage training needs assessment and applicability discussions and processes to ensure accurate training assignments.
Ensure that training materials are up-to-date and reflect current regulatory requirements and best practices.
Uphold the highest standards of professional ethics, integrity, and confidentiality in all activities related to sanctions compliance and financial crime prevention.
Serve as a role model for compliance and ethical behavior within the organization, fostering a culture of integrity and accountability.