[Hiring] Financial Crimes Governance and Strategy Analyst @Vast Bank

Role Description

The Financial Crime Governance and Strategy role is responsible for supporting the management and delivery of Financial Crime policies, risk assessment methodologies and outputs, anti-money laundering (AML)/countering the financing of terrorism (CFT) transaction monitoring strategy, fraud monitoring strategy, customer risk rating methodology, and Financial Crime systems and data oversight. This role provides execution support across these areas to ensure a robust risk management program is effective at the Bank to manage sanctions, fraud, and AML/CFT risks. This role will partner with the Financial Crime team, Information Security, Payments, Operations, Digital Banking, Risk, and business-line teams to deliver the necessary assessments and documentation to support managing these Financial Crime risks. This role will be critical in establishing and maintaining the Financial Crime program’s governance and risk processes through the launch and scaling of Tokenized Deposits.

Qualifications

• 7+ years of experience in financial crimes, fraud prevention, or related governance and risk roles within a financial institution.
• Strong understanding of Financial Crime risk assessment frameworks.
• Strong understanding of AML/CFT transaction monitoring frameworks.
• Working knowledge of fraud typologies and monitoring approaches within financial institutions.
• Working knowledge of regulatory requirements including Reg E, OFAC, BSA/AML, and Fair Access Banking principles.
• Bachelor’s degree in Business, Finance, Criminal Justice, or related field; or equivalent work experience.

Requirements

• Supports the maintenance of the Bank’s Financial Crime policies, ensuring updates as needed.
• Assists in executing the Bank’s annual and ongoing Financial Crime risk assessments, including AML/CFT, Sanctions, and Fraud.
• Support in delivering the Bank’s AML/CFT and Fraud monitoring approach to ensure coverage is requisite to its risk profile.
• Tracks Financial Crime industry trends, regulatory changes, and threat intelligence to inform risk mitigation strategies.
• Continuously enhances Financial Crime risk management efforts, identifying opportunities to reduce risk while supporting compliant and fair customer access to banking services.
• Aids in the delivery of training and guidance to staff, management, and cross-functional teams on Financial Crime risks, typology examples, policy applicability, and mitigation tools/approaches.
• Assist in preparing clear and timely fraud trend analyses, fraud dashboards, and loss reports for clear fraud oversight.
• Aid in the operational delivery of the Financial Crime program as needed.
• Supports Fair Access Banking by ensuring controls and decisioning align with nondiscriminatory practices, consumer protection laws, and equitable access principles.

Benefits

• Comprehensive benefits package & 401(k) match
• Professional development - opportunities for advancement!
• Tuition assistance
• Transit reimbursement
• Paid time off
• & more!