Job Description

The Head of Financial Crimes Audit will lead and oversee the internal audit function for financial crimes, including Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), sanctions compliance, fraud prevention, and other financial crime-related activities.

Responsibilities

• Develop and implement the annual audit plan for financial crimes
• Advise senior management and the Board on financial crime-related risks
• Lead end-to-end audits covering AML/CTF, sanctions compliance, fraud detection, and other financial crime programs
• Assess the effectiveness of policies, procedures, controls, and systems designed to mitigate financial crime risks
• Monitor compliance with global regulatory requirements
• Ensure that audits are conducted efficiently, with clear and actionable recommendations provided to management
• Recruit, train, and mentor a team of financial crimes audit professionals
• Foster a culture of collaboration, excellence, and continuous improvement within the audit team
• Manage team performance and ensure the delivery of high-quality audit reports
• Build and maintain strong relationships with key stakeholders
• Participate in governance forums, presenting audit findings and updates related to financial crimes risk
• Provide proactive insights into emerging financial crime risks and regulatory changes
• Stay up to date with regulatory developments, industry best practices, and emerging threats in financial crime risk management
• Ensure the organization's financial crime audit approach aligns with regulatory expectations and global standards
• Prepare and deliver comprehensive, timely, and accurate audit reports to senior management and the Audit Committee
• Track and validate the remediation of audit findings to ensure timely resolution

Requirements

• 12+ years in internal audit, including leadership roles in Financial Crimes
• Deep knowledge of AML, CTF, and sanctions regulatory expectations for financial services, and cutting-edge audit methodologies
• Proven ability to lead and inspire cross-functional teams
• Exceptional ability to articulate complex ideas to diverse audiences
• ACAMS required
• CPA, CIA, or similar credentials are also preferred
• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• Juris Doctorate preferred

Benefits

• No benefits