Director, AML & Financial Crimes – Enterprise Fraud Governance

Raymond James • Saint Petersburg, FL

1d • Hybrid

About The Position

Under limited direction, the Director uses extensive securities and/or banking industry and financial crimes management knowledge to develop, administer, and lead the Fraud Governance pillar of the firm’s global Fraud Risk Management program. The role shapes and advances the enterprise fraud risk governance framework to maintain program strength amid evolving fraud threats. Its scope includes fraud program strategy and design, policies and standards, risk assessments, monitoring and reporting, regulatory response, issue management, and governance forums.

The Director provides strategic direction for fraud risk management and partners with senior leaders across business units and control functions to advance consistent, risk-based governance and accountability. The position leads enterprise governance committees and working groups, communicates material fraud risks and program priorities to executive stakeholders, and oversees a team responsible for fraud governance activities and global business unit oversight. The work involves difficult, broad assignments requiring originality and independent judgment, and providing comprehensive solutions to complex problems.

Raymond James describes its culture through five guiding behaviors: Develop, Collaborate, Decide, Deliver, and Improve. The firm emphasizes client-first service, integrity, independence, a conservative long-term view, and respect for the uniqueness and backgrounds of its associates. The company is an equal opportunity employer.

Requirements

• Bachelor’s degree from a four-year college or university in a related field and at least 10 years of experience in fraud or financial crimes management, compliance, and/or risk management in the securities or banking industry, including experience leading governance, anti-fraud, and/or anti-money laundering activities; or an equivalent combination of education, training, and/or experience approved by Human Resources.
• CFE certification required.
• Knowledge of fraud risk governance frameworks, regulatory expectations, and enterprise risk management principles.
• Knowledge of the USA PATRIOT Act, Bank Secrecy Act, Regulation S-ID, Regulation E, NACHA Rules, and other relevant regulations or industry standards.
• Knowledge of enterprise risk management practices, including risk assessments, KRIs, KPIs, issue management, governance structures, and risk reporting.
• Knowledge of internal and external fraud typologies, prevention and detection strategies, and response frameworks.
• Knowledge of regulatory change management, examinations, audits, and independent review processes.
• Knowledge of broker-dealer and banking operations, financial services products, transaction channels, and regulatory requirements.
• Knowledge of emerging fraud risks, evolving threats, and industry governance practices.
• Knowledge of fundamental investment concepts and securities industry practices and procedures, as well as banking, finance, financial markets, and products.
• Skill in enterprise strategy development, program design, and execution.
• Skill in governance framework design and administration; policy, standard, and procedure development and administration.
• Skill in executive communication, influencing, and presenting complex risk matters to senior management and governance committees.
• Skill in risk analysis, executive reporting, performance monitoring, and data-driven decision-making.
• Skill in cross-functional leadership and stakeholder engagement in complex, matrixed organizations.
• Skill in regulatory response, change management, issue management, and risk-based decision-making.
• Skill in project and program management, process improvement, organizational change, and planning work to meet organizational and regulatory requirements.
• Skill in delegation, management, coaching, and development of direct reports.
• Ability to set strategic direction and translate enterprise fraud risk objectives into actionable governance frameworks, priorities, and operating plans.
• Ability to influence senior leaders and drive alignment and accountability across business units and control functions without direct authority.
• Ability to lead enterprise governance committees and facilitate effective risk-based decisions and escalation.
• Ability to interpret complex regulatory, industry, operational, and risk information and translate it into practical governance requirements.
• Ability to identify trends, linkages, and enterprise impacts and develop comprehensive solutions to complex problems.
• Ability to work in a fast-paced, evolving fraud risk environment, navigate competing priorities and matrixed relationships, and maintain momentum on high-impact initiatives.
• Ability to communicate complex information clearly and effectively, orally and in writing, to subject-matter experts and executive management.
• Ability to establish and maintain effective relationships across the organization and with external stakeholders.
• Ability to lead and inspire a high-performing team and foster integrity, accountability, innovation, and continuous improvement.
• Ability to maintain confidentiality and exercise sound judgment.

Nice To Haves

• CAMS certification preferred.
• FINRA Series 7 encouraged.

Responsibilities

• Own and advance the enterprise fraud governance strategy and framework, aligning priorities and measurable progress with the broader Enterprise Fraud Risk Management program, firm strategy, and regulatory expectations.
• Lead the development, maintenance, and enhancement of enterprise fraud policies, standards, governance processes, and supporting procedures.
• Provide strategic oversight of internal and external fraud risk assessments, including identity theft risk assessments, and drive action plans to address gaps and opportunities.
• Establish and oversee enterprise fraud risk monitoring and reporting, including KRIs, KPIs, risk themes, and executive-level reporting.
• Translate emerging threats, regulatory developments, industry practices, and peer approaches into forward-looking strategy and governance enhancements.
• Set direction for the Enterprise Fraud Risk Management Committee and related governance forums, including agenda strategy, executive materials, issue escalation, decisions, and follow-through.
• Serve as a primary fraud governance liaison to senior and executive management, presenting material risks, program performance, strategic priorities, emerging issues, and recommended actions.
• Coordinate and promote accountability for fraud risk management across global business units through governance reviews, working groups, and escalation of material gaps.
• Direct fraud-related regulatory change management and ensure requirements are identified, assessed, translated into governance expectations, and implemented.
• Lead and coordinate responses to regulatory examinations and inquiries, internal audits, and independent reviews related to fraud risk management and governance.
• Oversee escalation and management of fraud-related issues and corrective actions, ensuring ownership, documentation, remediation, and timely resolution.
• Partner with leaders in Financial Crimes Management, Analytics, Operations, Risk, Technology, Compliance, Legal, Supervision, and business areas on strategic fraud risk initiatives.
• Represent the firm and Fraud Governance function in senior-level internal and external working groups, industry forums, and cross-functional initiatives, as appropriate.
• Promptly escalate critical fraud or financial crime risk, regulatory, control, or reputational matters to appropriate senior leaders and governance forums.
• Plan, assign, monitor, review, evaluate, and lead the Fraud Governance team’s work; delegate to meet deliverable requirements and timelines and develop direct reports’ capabilities.
• Lead and support special projects and strategic initiatives.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision benefits.
• Life insurance.
• Critical illness insurance and accident insurance.
• Disability benefits.
• Retirement savings.
• Paid time off, including vacation, holidays, and sick leave.
• Parental leave.
• Additional compensation may include cash or equity, discretionary bonuses, or commissions.

What This Job Offers

• Job Type: Full-time
• Career Level: Director