Director, Compliance, Financial Crimes

Jackson•Lansing, MI

About The Position

The Director of Compliance, Financial Crimes will oversee the Financial Crimes Unit (FCU) and administer the enterprise Jackson Financial Inc. ("JFI") anti-money laundering, sanctions management, and anti-fraud programs. The Financial Crimes Unit partners with other business areas to protect customers and the JFI operating entities from financial crime and related losses. The Director is responsible for collaborating with other business areas to identify, assess, and mitigate financial crime risk through deployment of policies, procedures, and related controls consistent with laws and regulations, internal policies, and industry leading practices.

Requirements

Significant knowledge of anti-money laundering, sanctions management, and anti-fraud regulations and policy.
Background in state and federal insurance, securities, broker-dealer, and annuity product laws, rules, and regulations.
Familiarity with Board governance, corporate and trust rules, regulations, and processes.
Strong knowledge of the insurance and financial services industries and ability to stay informed on developments and emerging issues.
Proven ability to effectively analyze and resolve problems independently and escalate issues to management as necessary.
Excellent organizational and time management skills; ability to prioritize and meet deadlines.
Excellent verbal and written communication skills with an ability to effectively communicate complex information to both internal and external parties at a variety of organizational levels.
Ability to use software and information technology to collect, organize, retrieve, maintain, and disseminate information; demonstrate utilization of technology in new or complex ways to perform FCU job functions.
Ability to create, design, or edit various reports in various platforms, including but not limited to Microsoft Access, PowerPoint, Excel, Tableau, JIRA, and/or Confluence.
Ability to compose letters and memorandum in a clear, concise, and thorough manner
Ability to work efficiently and effectively in a high pressure, highly visible environment.
Demonstrate flexibility, willingness to embrace change, and an ability to adapt to a continually evolving environment.
Ability to work effectively in a team environment.
Ability to maintain confidentiality.
Bachelor's Degree required.
Prior management experience required.
Certified Fraud Examiner and/or Certified Anti-Money Laundering Specialist designation(s) required. If designations are not held by the applicant at hire, the individual will have 12 months from their hire date to obtain them.

Nice To Haves

Advanced Degree and/or certifications preferred.

Responsibilities

Leads the team that provides anti-money laundering, sanctions management, and anti-fraud services for JFI and its main operating entities.
Serves as the designated corporate AML Officer for any JFI entities requiring such a role.
Oversees monitoring, investigations, and case management to ensure that matters are addressed, documented, and resolved.
Drives cross functional initiatives to prevent financial crime, including implementing prevention systems, controls, and second line oversight.
Escalates and reports matters to law enforcement, applicable states, and/or internal stakeholders (Compliance leadership, Group, etc.) in accordance with applicable requirements.
Analyzes data and information to identify possible trends and control breakdowns.
Reviews and submits Suspicious Activity Reports with Financial Crimes Enforcement Network (FinCEN).
Prepares and/or reviews periodic management information reported to Compliance leadership, management committees, and Boards of Directors.
Prepares annual risk assessments and evaluates the design and effectiveness of financial crime controls implemented throughout the organization.
Develops, maintains, and revises written policies and procedures for the financial crime prevention programs.
Prepares communication and training materials for annual training and ad hoc training to address immediate or emerging issues.
Provides SME support for regulatory advocacy and assists with implementation of new or updated financial crime regulations.
Identifies and drives business process improvements to minimize errors, reduce waste, improve productivity, and streamline efficiency, such as increasing use of technology and data and automating repeatable tasks.
Maintains up-to-date knowledge of financial crime risk management, technology, investigative practices, emerging regulations, and industry trends and best practices.
Utilizes the appropriate databases to resourcefully and thoroughly investigate and research questions and issues.
Assists with special projects assigned by the SVP, Chief Compliance Officer, PPM who also oversees the enterprise Financial Crimes function.
Performs other duties and/or projects as assigned.