The Assistant Vice President, Financial Crime Compliance serves as the senior Financial Crime leader for a major business segment and is accountable for the effectiveness and continued maturation of the Financial Crime Compliance program across the businesses and legal entities within that segment. The role sets the segment Financial Crime agenda, advises senior leadership on risk and regulatory priorities, and ensures segment requirements are reflected in enterprise strategy, investment and decision-making.
This mandate extends beyond oversight. The incumbent leads the segment's Financial Crime transformation, strengthens governance and management information, addresses material data and control gaps, and drives alignment with enterprise standards. Success requires executive credibility, regulatory judgment and the ability to influence outcomes across businesses, functions and governance forums outside the role's direct reporting structure.
Position Responsibilities:
Serve as the senior Financial Crime leader for the segment, providing senior leadership with clear advice and insight on Financial Crime risk, regulatory obligations, emerging threats and strategic priorities.
Be accountable for the effectiveness and continued maturation of the Financial Crime Compliance program across segment businesses and legal entities, including governance, risk assessment, regulatory readiness, issue management and the delivery of sustainable program outcomes. Ensure material weaknesses are identified, prioritized and remediated, with clear ownership and transparent escalation where progress or residual risk is not acceptable.
Set and drive the segment Financial Crime strategy, aligning business priorities and regulatory requirements with the global Financial Crime framework and modernization agenda.
Participate as a senior member of relevant Compliance and segment leadership forums, contributing to business strategy, change priorities and risk decisions to ensure Financial Crime considerations are embedded at the point of decision.
Maintain an integrated view of Financial Crime exposure, control effectiveness, regulatory developments and program performance, ensuring timely escalation and clear executive accountability.
Act with appropriate authority to challenge business decisions, require timely remediation and escalate material Financial Crime concerns where risk acceptance, investment or delivery is not commensurate with the segment’s risk exposure or regulatory obligations.
Ensure material Financial Crime risks, control limitations and remediation delays are subject to transparent governance, clearly documented ownership and appropriate risk acceptance or escalation at the relevant level of authority.
Establish and mature Financial Crime governance, including meaningful management information, key risk indicators and reporting to local risk, governance and Board-level committees where applicable. Partner with the Global CAMLO Office to develop consistent measures that enable effective challenge, oversight and decision-making.
Lead remediation of Financial Crime data, governance and control weaknesses. Partner with Data, Technology, Risk and business teams to improve data quality, ownership, lineage and controls, and drive alignment with the enterprise Data Risk standard.
Define and implement the segment Financial Crime target operating model in partnership with Compliance and other key functions, clarifying roles, accountabilities, decision rights and interfaces across global, segment and business teams.
Lead implementation of the segment Financial Crime transformation agenda, including changes to governance, operating models, processes, data, technology and analytics. Drive adoption, resolve cross-functional barriers and hold stakeholders accountable for delivery of sustainable outcomes.
Assess the capacity, capability and investment required to sustain an effective Financial Crime program, establish clear priorities and provide…