Job Details

Director Antimoney Laundering Compliance

Company name


Organization Type


Job Type


Valid Through

Nov 26,2019

Posted on

Aug 13,2019

Years of Experience

Min 10 yrs required


Greenwood Village, CO, United States

Employment Type



Practice Area
Finance >> Finance - Banking
Finance >> Finance - General
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Director Anti-Money Laundering Compliance
Responsibilities: Oversee the management and execution of Empower’s BSA/AML & OFAC governance programs, which include developing and maintaining BSA/AML/OFAC Policy & Procedures, BSA/AML/OFAC Risk Assessment, BSA/AML/OFAC Metrics & Reporting, BSA/AML/OFAC Training and Awareness. Through management of the AML Program, ensuring that Empower is adhering to all applicable BSA/AML/OFAC regulations, rules and regulatory expectations (the “Regulations/Expectations”), as well as policies set by the Head of AML Compliance. Assist in developing, communicating and implementing strategies, procedures and technology systems designed to automate and enhance the overall AML Program; Overseeing the monitoring, testing and verification of internal controls to ensure they are adequate to achieve compliance with the Regulations/Expectations as they relate to the overall AML Program. Oversight of day-to-day operational execution of the AML Program, such as decision making for quality standards for preparing and submitting Suspicious Activity Reports, analysis and applicability advisory’s as required by new regulations/standards/ best practices, BSA/AML/OFAC risk assessment methodology care and updating, BSA/AML/OFAC Training Program development and execution. Assisting and Ensuring that audit or examinations, and findings are addressed appropriately and speedily for matters related to the AML Program. Escalating matters to the Head of AML Compliance, as appropriate. Acting as the BSA Officer when the Head of AML Compliance is not available.

Qualification and Experience

The candidate should have Bachelor’s degree in a related discipline, MBA or JD a plus. Should have CAMS certification. Should have 10+ years of compliance experience within the banking/financial services industry and deep understanding of the BSA/AML/OFAC regulatory requirements and landscape, including US industry and global trends. Extensive knowledge of anti-money laundering regulations, policies and reporting requirements based on the Bank Secrecy Act and USA PATRIOT Act, current economic sanctions, relevant standards such as FATF, the Wolfsberg Group and the Basel Institute on Governance and AML and OFAC risks associated with Empower Retirement’s products, business units it operates to accurately assess a comprehensive BSA/AML and OFAC risk assessment. Experience in building and maintaining BSA/AML and OFAC regulations in a broker/dealer, insurance and/or mutual fund company preferred. Track record of collaborating with executive management and staff to establish and improve operational structures that support compliance efforts and business growth. Strong analytical skills required to review the regulations/expectations, assess their impact, and work with the business units to implement any necessary policies, procedures, processes, and controls. Experience in financial services, project management, interaction with regulators and auditors, establishing effective, robust and integrated compliance programs, and the implementation and testing of automated monitoring, filtering and database systems. A flexible and collaborative approach towards the business. Ability to communicate persuasively and with confidence, professionalism and authority at all levels of the organization. Sound judgment, with a well-developed sense for risk identification, assessment and decision making with a high level of integrity. Outstanding written and verbal communication skills, with demonstrated ability to effectively manage the relationships at the executive level. Proven experience advising, negotiating, influencing, and collaborating with others in the decision making process across all levels of the organization.

Company info

Hiring Coordinator
8515 E. Orchard Road
Greenwood Village, CO 80111

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