Director of Financial Crimes

Who We Are

The world is moving towards instant digital payments, and TabaPay is leading the way. We help thousands of Fintechs in the US and Canada instantly move money in and out of accounts and we are actively expanding into other countries. Our customers represent the hottest verticals in the financial service industry, including neobanks and wallets. TabaPay is a highly profitable rocket ship that processes billions of dollars each year. To learn more visit www.tabapay.com.

Who You Are 

We are looking for the Head of Global Financial Crimes to join the leadership team of the Compliance Team.

You will create and further build the overall financial crimes program, which includes designing and implementing an outstanding program to help grow the TabaPay business while protecting the broader payments ecosystem and the company. You will demonstrate excellent regulatory understanding, a comprehensive grasp of the industry, build scalable process and systems design, data-driven approaches, and executive level communication and presentation. You will engage with and influence senior-level internal and external regulators.

What You’ll Do

To be successful, you'll need the ability to manage a highly evolving environment. You will also need deep experience with and knowledge of global anti-money laundering and financial crimes, compliance with laws and regulations, and a substantive understanding of financial services, products, and delivery platforms. This leader is both a strategist and a subject matter expert with knowledge of financial crimes compliance, BSA/AML/CTF/Sanctions, FATF and other international AML regulations/standards, with demonstrated ability to collaborate across multiple departments and regions. You will report to the Chief Compliance Officer.

• Drive the strategy for a global financial crimes team including anti-money laundering/counter-terrorist financing, sanctions compliance and fraud.
• Lead the design of the transaction monitoring, investigation and suspicious activity detection systems and framework making sure we maintain the highest standards for regulatory requirements while maintaining efficiency
• Ensure monitoring and surveillance systems are in place to prevent suspicious activities, including the use of technology and data analytics to identify potential financial crime activities; Work with our technical teams to understand and design analytical methodologies and potential monitoring scenarios for risk mitigation
• Ensure comprehensive mitigation of red flags and closure of gaps identified in coverage assessments via the development and deployment of effective rules, determination of effective thresholds and ongoing “above the line and below the line” testing of the same.
• Oversee the implementation of policies, procedures, programs and compliance controls and across all products and geographies
• Analyze trends and patterns in alerts, dispositions, together with other Compliance functions, including Analytics and your Program Management team, to develop risk mitigation and detection
• Collaborate with partner teams across the company and work with leadership to challenge status quo to improve and grow the business
• Manage Service level agreements and deadlines to develop and meet goals and internal benchmarks using data to underlie assessments and help to inform decision-making
• Provide periodic reporting to senior management and board of directors on financial crimes compliance program development

Requirements

• 15+ years managing relevant compliance-related experience with a focus in financial crimes
• 5+ years of experience overseeing projects and teams handling complex processes
• Demonstrated experience implementing complex and global frameworks for AML/BSA risk in a financial services setting
• A talent to respond with tight timeframes, make quick decisions, and ensure alignment in a continuous, evolving environment.
• Experience creating functional and organizational processes to meet Compliance / Regulatory requirements that scale with growth
• Balance risk & rewards (including customer experience), while meeting regulatory requirements

The compensation for this position is $180,000. However, base pay offered may vary depending on job-related knowledge, skills, and experience. In addition to a full range of medical, financial, and/or other benefits, dependent on the position offered.