K2 Integrity is looking for a director or senior director for our Financial Crimes Risk Management (FCRM) practice. The director or senior director will work closely with the managing directors of the FCRM practice on a variety of financial crimes issues, primarily pertaining to anti-money laundering/combating the financing of terrorism (AML/CFT) issues, but also potentially encompassing elements related to anti-bribery and corruption (ABC) and anti-fraud matters. The director or senior director would be charged with leading and working with cross-functional teams on diverse projects, including risk assessments, monitorships, investigations, and advisory services, and would also be called upon to interface with regulatory authorities, develop and deliver internal and client-facing substantive training, and contribute thought leadership through drafting proactive white papers and policy alerts as well as participating in industry events and conferences.
The ideal candidate will have experience with U.S. (e.g., Bank Secrecy Act, Anti-Money Laundering Act, USA PATRIOT Act, and Foreign Corrupt Practices Act) and international AML/CFT and ABC regimes, including the UK and EU regimes, as well as global standards from organizations such as the Financial Action Task Force (FATF) and the Wolfsberg Group. The ideal candidate will also possess strong writing and editing skills, with the ability to understand financial crimes compliance risks and recommend mitigation strategies. Candidates should also excel at identifying and advising clients about gaps in their existing compliance programs or—in the case of government clients—compliance-related laws, regulations, and supervisory frameworks. In addition, candidates should be comfortable with public speaking as this role may be called upon to act as a faculty member in K2 Integrity’s ongoing training services or to participate in webinars or industry events.
- Develop, draft, and review AML/CFT, ABC, and anti-fraud policies and procedures for banks, money services businesses, FinTech and payments companies, cryptocurrency firms, corporations, and others to ensure consistency with legal obligations and regulatory expectations.
- Develop, draft, and review AML/CFT, ABC, and anti-fraud laws and regulations and supervisory frameworks and help foreign governments prepare for international evaluations related to these topics.
- Work with associate managing directors and managing directors to design and implement qualitative and quantitative financial crimes compliance risk assessment methodologies and provide advice about risk-mitigation strategies for banks, money services businesses, FinTech and payments companies, cryptocurrency firms, corporations, foreign jurisdictions, and others.
- Design and conduct AML, ABC, and anti-fraud trainings for compliance officers and foreign government agencies, particularly on topics related to payment and payment processors.
- Track and draft client alerts and other thought leadership pieces about emerging issues and new developments on topics related to U.S. and international AML/CFT, ABC, and fraud-related laws and regulations; industry and regulatory developments in payments, FinTech, and cryptocurrency; and the application of emerging technologies to financial crimes compliance.
- Collaborate with cross-functional teams to improve and develop new processes and to ensure efforts are efficient and synchronized across all channels.
- Use a high level of independent judgment to solve problems, escalating issues to senior management as necessary.
- Cultivate relationships with new and existing clients for continued business development.
- Support client engagement and business development efforts.
- Bachelor’s degree required.
- Minimum five to seven years of professional experience in AML/CFT, ABC, or anti-fraud compliance at a financial institution; equivalent experience at a government or regulatory agency focused on these topics or at a law firm or “big four” consulting firm working on compliance engagements for these types of clients would also be acceptable.
- Subject-matter expertise in U.S. and international AML/CFT, ABC, and anti-fraud laws, regulations, and standards.
- Specialized experience in financial crimes compliance risk assessment, gap analysis, and policy remediation.
- Superior research, writing, and editing skills.
- Excellent analytical and organizational skills, with a high level of attention to detail.
- High levels of professionalism and self-motivation, together with a sense of urgency.
- Exceptional ability to multitask, prioritize projects, and meet deadlines with efficiency.
- Proficiency in Microsoft Office and/or experience in using other database applications.
- Prior training experience preferred.
- Ability to travel as needed.