VP Compliance Management GM Financial Bank – AML/CFT

GM Financial•Salt Lake, UT

8d•Hybrid

About The Position

GM Financial Bank is a newly formed bank that will offer auto finance and deposit products. Team members joining now will play a pivotal role in shaping the bank. The VP Compliance Management - AML/CFT is responsible for the Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) Program that adheres to applicable Banking laws and regulations. Manages the Bank’s Sanctions and Watch List process. Results of the Program are reported to senior management and the Board of Directors along with recommendations for improvement. Works with business functions to identify AML/CFT risks and controls.

Requirements

Advanced knowledge of AML/CFT and sanctions compliance rules and regulations in the banking industry
Strong analytical, organizational skills with operational and risk awareness mindset, and attention to detail.
Knowledge of FinCEN BSA E-Filing System
Knowledge of AML/CFT risks and controls
Experience in AML/CFT Transaction Monitoring and the development and compilation of policies and procedures
Working knowledge in analysis and presentation of data
Experience working collaboratively across various areas of the organization and presenting to senior management
Ability to effectively lead, organize, and collaborate with Bank staff
Ability to exercise judgment and determination when to escalate issues as necessary
Ability to offer knowledgeable advice to senior management
Analytical skills
Deadline and detailed oriented
Excellent communication, written and verbal skills
Good Business Acumen
Knowledge of computer skills, Microsoft Office and related software
Leadership skills
Professional skepticism
Self motivated
Ability to use AI tools (e.g., Microsoft Copilot) to support daily work
Skills in evaluating AI outputs for accuracy, compliance, and bias
Experience integrating AI into workflows to improve efficiency or insights
Familiarity with AI assisted research, summarization, and content generation
Understanding of responsible AI use, including ethics and data protection
Bachelors Degree - Required
10+ years relevant experience required
This position is not open to agency submissions
We are unable to consider candidates who require visa sponsorship for this position

Nice To Haves

5+ years management experience preferred

Responsibilities

Leads the development, implementation, and governance of the Bank’s Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and sanctions compliance programs to identify, monitor, and mitigate financial crime risks.
Provides strategic oversight of transaction monitoring, regulatory reporting, audits, and compliance initiatives while ensuring adherence to global regulatory requirements and industry best practices.
Develops, implements, administers, and maintains all aspects of the AML/CFT Program.
Establishes an effective global sanctions monitoring program including OFAC and other relevant jurisdictions.
Responsible for governance for both the AML/CFT Program and Sanctions and Watch List process.
Develops and administers the AML transaction monitoring systems to ensure appropriate parameters are in place to identify suspicious transactions and activity.
Provides strategic direction regarding AML/CFT trends, patterns, and external factors impacting the Bank’s money laundering risk.
Files Suspicious Activity Reports and responds to FinCEN 314(a) requests.
Recommends enhancements to AML/CFT Program and Sanctions and Watch List process.
Maintains oversight on the implementation and validation of mitigation plans.
Oversees the responses to any audit plan and provide updates to the SVP, Chief Compliance Officer.
Assists SVP in completion of examination materials requested by regulatory examiners within communicated deadlines.