Head of AML Transaction Monitoring - Financial Intelligence Unit

Truist • Atlanta, GA

4d • Remote

About The Position

The Head of AML Transaction Monitoring is a senior leader within the Financial Intelligence Unit (FIU), responsible for leading the AML Model Owner function and overseeing the performance, risk management, and continued evolution of the Bank’s AML transaction monitoring models. The role ensures Model Owner responsibilities are effectively executed throughout the model lifecycle, including business requirements, implementation, ongoing monitoring, model inventory, issue remediation, and model changes.

As a member of the FIU leadership team, this leader partners across Financial Crimes, Model Development, Model Risk Management, Technology, and Data to strengthen AML monitoring and meet applicable model risk and governance requirements. The position may be remote for the right candidate.

Requirements

• Bachelor’s degree or an equivalent combination of education and experience.
• Demonstrated analytical, project management, and organizational skills, with experience working with metrics, reporting, data, modeling, and/or technology initiatives.
• Ten years of SAS experience, or experience with other applicable model development software, applied to large data problems and relevant statistical procedures.
• Ability to test, maintain, and monitor models, including threshold tuning, sensitivity analyses, and scenario testing.
• Strong written and verbal communication skills.
• Excellent interpersonal skills and ability to interact effectively with all levels of management.
• Strong leadership and decision-making skills.
• Ability to work with cross-functional teams in a high-stress, fast-paced, rapidly changing environment, including with teammates in multiple geographic locations.
• Strong work ethic and desire to enhance knowledge and technical skills.
• Ability to handle ambiguity and adapt to shifting objectives.
• Strong problem-solving skills.
• Ability to work all scheduled hours, including overtime as directed by a manager or supervisor and required by business need.
• Able to access and interpret client information on a computer and hear and speak with individuals in person and by phone.
• Able to use standard office equipment, including a PC keyboard and mouse, copy/fax machines, and printers.

Nice To Haves

• Master’s degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, Business Administration, or another applied quantitative science, or equivalent education and related training.
• Seven years of demonstrated experience with Anti-Money Laundering, OFAC, Fraud, and/or Compliance Intelligence programs.
• Knowledge of laws, rules, and regulations impacting financial crimes programs.
• Ability to work with cross-functional teams in a fast-paced and rapidly changing environment, including with teammates in multiple geographic locations.
• Certified Anti-Money Laundering Specialist (CAMS) credential or another qualified, related professional certification.

Responsibilities

• Lead the Bank’s AML transaction monitoring model owner function, setting strategic direction and overseeing the portfolio’s effectiveness, performance, and ongoing management.
• Lead and develop a high-performing team of AML model owners, including performance management, coaching, talent selection, training, subject matter expertise, and career development.
• Set model portfolio priorities based on financial crime risk, coverage needs, model performance, regulatory expectations, and emerging threats and typologies.
• Lead the AML transaction monitoring model lifecycle, including strategy, development, implementation, performance monitoring, tuning, testing, enhancements, changes, and ongoing oversight.
• Partner with Model Development, Model Risk Management, Technology, Data, Investigations, and other Financial Crimes teams to deliver effective, well-governed transaction monitoring capabilities.
• Champion data quality and data management practices that support model accuracy, reliability, and effectiveness.
• Ensure accurate and actionable analytics, reporting, and data insights support decision-making and Financial Crimes Program operations.
• Ensure model ownership processes, decisions, procedures, and supporting documentation are governed, maintained, and executed in accordance with enterprise standards.
• Build partnerships across Financial Crimes and the broader organization to advance strategic priorities and the continued evolution of the Bank’s AML transaction monitoring program.
• Represent the model owner function in regulatory examinations, internal audits, model validations, governance activities, and other independent reviews; lead responses to identified issues.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment coverage
• Tax-preferred savings accounts
• 401(k) plan
• At least 10 days of vacation during the first year, prorated as applicable
• 10 sick days, prorated as applicable
• Paid holidays
• Depending on position and division, the role may also be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan

What This Job Offers

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