Financial Crimes Operations Executive

Truist • Raleigh, NC

3d

About The Position

The Financial Crimes Operations Executive is a senior leader within Truist’s Financial Crimes Risk organization, responsible for driving operational excellence and strategic oversight across the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) and Anti-Bribery Anti-Corruption (ABAC) programs. This role is pivotal in ensuring compliance with regulatory requirements and advancing Truist’s proactive risk management framework. The position provides strategic and operational leadership to key execution roles in the second line of defense Financial Crimes Program including leading multiple teams responsible for Currency Transaction Reporting (CTR), Enhanced Due Diligence (EDD) and other Know Your Customer (KYC) related reviews, Customer Identification Program (CIP) and Beneficial Ownership compliance monitoring, and Operational Quality Assurance (QA) functions. The executive role also provides Know Your Customer (KYC) strategic insights and direction for Truist.

Requirements

• Bachelor’s degree and twelve+ years of experience in an AML / BSA capacity with relevant and extensive operational expertise.
• Proven experience with risk-based AML operations, vendor management, organizational design, and a strong understanding of operational metrics.
• Demonstrated expertise related to BSA / AML laws and implementing regulations.
• Established industry network and proficiency in peer benchmarking to identify best practices and potential threats, prioritize strategic enhancements, and drive continuous innovation.
• Demonstrated experience in managing multiple projects with tight deadlines in a collaborative environment.

Nice To Haves

• Accreditation by ACAMS, an equivalent industry body, or other qualifications in the areas of financial crime, risk management, or compliance.
• Strong familiarity with data extraction in a variety of environments (e.g., SQL, SAS, etc.) and technical programming skills, exposure to applied data science tools and familiarity with data visualization business insight tools.

Responsibilities

• Oversee daily operations for Financial Crimes functions, ensuring timely and accurate execution of CTR, EDD, CIP/Beneficial Ownership compliance monitoring, and QA processes.
• Manage compliance workflows to meet regulatory deadlines and procedural timelines for reporting and documentation.
• Develop and enforce operational procedures for enterprise-wide AML Program activities, ensuring consistency, quality and adherence to policy.
• Monitor and optimize CTR filings, including exception handling and quality assurance checks.
• Direct Enhanced Due Diligence reviews for high-risk clients and other KYC related reviews and escalate findings as appropriate.
• Ensure accurate CIP, Beneficial Ownership and other related AML Program compliance monitoring of first line of defense client onboarding and maintenance processes.
• Lead Operational Quality Assurance programs and remediation of identified gaps.
• Provide strategic guidance on KYC standards, influencing onboarding and ongoing monitoring practices.
• Collaborate with technology teams to enhance automation and efficiency in AML/BSA operational processes.
• Track and report metrics for operational effectiveness and regulatory compliance.
• Coordinate with first line business units to resolve escalations and ensure alignment with enterprise risk objectives.
• Support internal and external audits, regulatory exams, and respond to inquiries with accurate documentation.
• Drive continuous improvement initiatives, leveraging data analytics and industry best practices.
• Manage vendor relationships for outsourced operational activities, ensuring service-level agreements are met.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees