Director, AML & Financial Crimes – Enterprise Fraud Governance

Raymond James • Saint Petersburg, FL

3d • Hybrid

About The Position

The Director, AML & Financial Crimes – Enterprise Fraud Governance develops, administers, and leads the Fraud Governance pillar of Raymond James’ global Fraud Risk Management program. The role shapes and advances the enterprise fraud risk governance framework amid evolving fraud threats, driving program strategy and design, policies and standards, risk assessments, monitoring and reporting, regulatory response, issue management, and governance forums.

The position provides strategic direction for fraud risk management practices and partners with senior leaders across business units and control functions to promote consistent, risk-based governance and accountability. It leads enterprise-wide 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 role works independently on broad, difficult assignments, with latitude for unreviewed decisions, and develops comprehensive solutions to complex problems.

Requirements

• Bachelor’s degree in a related field from a four-year college or university and a minimum of 8 years’ experience in fraud/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, regulatory 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 threat landscapes, 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 across complex, matrixed organizations.
• Skill in regulatory response, change management, issue management, risk-based decision-making, project and program management, process improvement, and organizational change.
• Skill in planning and scheduling work to meet organizational and regulatory requirements, and in delegating, managing, coaching, and developing 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-wide governance committees and facilitate effective risk-based decisions and escalation.
• Ability to interpret, analyze, and apply complex regulatory, industry, operational, and risk information and translate it into practical governance requirements.
• Ability to identify linkages, trends, and enterprise impacts and develop comprehensive solutions to complex problems.
• Ability to work in a fast-paced, evolving fraud risk environment, navigating competing priorities and complex matrixed relationships while maintaining momentum on enterprise 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 working 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 drive the evolution of the enterprise fraud governance strategy and framework, aligning program priorities with the broader Enterprise Fraud Risk Management program, strategic priorities, and regulatory expectations.
• Lead development, maintenance, and enhancement of enterprise fraud policies, standards, governance processes, and 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 the direction for the Enterprise Fraud Risk Management Committee and related governance forums, including agenda strategy, executive materials, issue escalation, decision-making, and follow-through.
• Serve as a primary fraud governance liaison to senior and executive management, presenting material risks, program performance, priorities, emerging issues, and recommended actions.
• Drive coordination and accountability for fraud risk practices across global business units through governance reviews, working groups, and escalation of material gaps.
• Direct fraud-related regulatory change management, ensuring 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 appropriate ownership, documentation, remediation, and timely resolution.
• Partner with Financial Crimes Management, Analytics, Operations, Risk, Technology, Compliance, Legal, Supervision, and business leaders on strategic initiatives to strengthen enterprise fraud risk management.
• 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 risks and regulatory, control, or reputational matters to appropriate senior leadership 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’ performance and capabilities.
• Lead and support special projects and strategic initiatives.
• Perform other duties as assigned.

Benefits

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

What This Job Offers

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