Head of AML Transaction Monitoring - Financial Intelligence Unit

Truist Bank•Charlotte, NC

3d•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 executed across 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 can 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 in metrics, reporting, data, modeling, and/or technology initiatives.
Ten years of experience with SAS or 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.

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 with teammates in multiple geographic locations.
Certified Anti-Money Laundering Specialist (CAMS) or another qualified, related professional certification.

Responsibilities

Lead the Bank’s AML transaction monitoring model owner function, setting its strategic direction and overseeing the effectiveness, performance, and ongoing oversight of the model portfolio.
Lead and develop a high-performing team of AML model owners, including performance management, coaching, talent selection, training, subject matter expertise, and career development.
Establish portfolio priorities based on financial crime risk, coverage needs, model performance, regulatory expectations, and emerging threats and typologies.
Provide leadership across the 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 the accuracy, reliability, and effectiveness of AML transaction monitoring models.
Ensure accurate and actionable analytics, reporting, or data insights are delivered to inform decision-making and support 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 AML transaction monitoring program.
Represent the model owner function in regulatory examinations, internal audit, model validation, governance, and other independent reviews, and lead responses to identified issues.

Benefits

Medical, dental, and 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 based on hire date and full-time or part-time status
10 sick days, prorated
Paid holidays
Depending on position and division, eligibility for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan