VP, BSA & Sanctions Program Risk Management
About The Position
The Vice President of BSA & Sanctions Program Risk Management is responsible for identifying, assessing, and monitoring risks across the Bank's Bank Secrecy Act, Anti-Money Laundering, and Sanctions program. This role provides critical risk oversight to ensure the BSA/AML & Sanctions program effectively mitigates financial crime risk in alignment with regulatory expectations and the Bank's risk appetite. The VP serves as a key leader within the compliance organization, partnering with business lines, third-party managers, and senior leadership to strengthen the Bank's defenses against financial crime.
Requirements
- Bachelor's degree required; advanced degree (JD, MBA, or master’s in a related field) preferred.
- CAMS, CFCS, or similar certification.
- 8+ years of AML or financial crime experience, with at least 5 years in a leadership role.
- Deep understanding of BSA/AML regulatory requirements and evolving financial crime typologies
- Strong knowledge of enterprise risk management, governance frameworks, and internal control principles
- Knowledge of financial crimes technology platforms, transaction monitoring systems, and data analytics
- Proven track record implementing and managing BSA/AML compliance programs and independent testing functions at complex financial institutions.
- Strong analytical and critical thinking skills with attention to detail
- Excellent written and verbal communication skills; ability to communicate complex concepts to diverse audiences
- Sound judgment and decision-making skills in ambiguous situations
- Collaborative approach with proven ability to build partnerships across functions
- Influencing others
- Innovation
- Strategic Thinking and Business Acumen
- Outcome Driven
- Planning and Organization
- Empowering others
Responsibilities
- Conduct and maintain the enterprise-wide BSA/AML & Sanctions risk assessments, ensuring comprehensive coverage of all products, services, customers, and geographies
- Partnering with key internal and external teams to perform risk assessments for new products, services, customer types, and business initiatives to identify potential BSA/AML & Sanctions exposure prior to launch
- Establish, track, and report key performance indicators (KPIs) and key risk indicators (KRIs) to measure program effectiveness and identify emerging risk trends
- Assist in prepare executive-level reporting and presentations for senior leadership, board committees, and regulators on program risk posture
- Monitor regulatory developments and industry trends to proactively identify risks and recommend program enhancements
- Provide second-line oversight of third-party program managers and partners performing BSA/AML/Sanctions functions on behalf of the Bank
- Ensure BSA/AML/Sanctions activities performed by business lines are executed consistent with program requirements and the Bank's risk appetite
- Provide risk-based recommendations to BSA leadership and business lines on control design, policy development, and process improvements
- Collaborate with Internal Audit, Enterprise Risk Management, and other control functions to ensure alignment of risk identification and mitigation strategies
- Provide leadership, mentoring, and professional development to staff
- Support talent management including hiring, performance management, and succession planning
- Foster a culture of compliance, accountability, and continuous improvement
- Lead or participate in special projects and cross-functional initiatives
Benefits
- health insurance
- 401(k) retirement benefits
- life insurance
- disability benefits
- paid time off
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Number of Employees
501-1,000 employees
