Head of Financial Crimes Compliance (FCC)

A financial firm is looking for a Head of Financial Crimes Compliance (FCC) to join their team in Jersey City, NJ or White Plains, NY. 

Compensation: $200-250k

Responsibilities:

• Develop and execute the technology strategy for FCC, ensuring alignment with the bank's overall compliance objectives, regulatory requirements and overall firm governance and standards requirements

• Oversee the design, development, and implementation of technology solutions that support FCC operations, including transaction monitoring, sanctions screening, and case management systems. Arrange proper support, coverage and staffing plans for all implementation activities and organization commitments. Direct department staffing needs (e.g. interviewing, hiring, new hire and ongoing training, annual evaluations, etc.). Participate in budget planning, initiation, and monitoring of expenses. Participate in the planning, implementation, testing and documentation of Technology Recovery Plans to support continuity objectives as defined by business and service managers. Closely manage our external vendor contracts, plans and proposals and hold them accountable for all deliverables.

• Lead and mentor a team of technology professionals, fostering a culture of innovation, collaboration, and continuous improvement. Ensure team member activities comply and are aligned with all strategic directives.

• Collaborate with key stakeholders, including FCC business leaders, internal technology teams, internal audit, external vendors and suppliers, to ensure technology solutions meet firm and regulatory standards and business needs.

• Identify and mitigate technology-related risks, ensuring the security and integrity of FCC systems and data.

• Oversee the planning, execution, and delivery of technology projects, ensuring they are completed on time, within budget, and to the required quality standards. Provide written reports to management regarding project status, tasks, and issues/risks.

• Stay abreast of regulatory changes and industry best practices, ensuring FCC technology solutions remain compliant with evolving requirements.

Qualifications:

• Bachelor's degree in Computer Science, Information Technology, or a related field.

• 10 years of professional experience in technology management, with a focus on FCC or a related area.

• Proven track record of leading and managing technology teams and projects, with strong strategic and operational leadership capabilities.

• In-depth hands-on knowledge of FCC technology solutions, including AML systems, sanctions screening tools, and case management solutions. Detail oriented with excellent problem-solving abilities and ability to perform under pressure in a challenging environment.

• Strong understanding of financial crimes regulations and compliance requirements.

• Excellent verbal/written communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.