Financial Crimes Program Manager, Acquiring

About This Role

The Senior Program Manager, Financial Crimes, Acquiring will oversee and manage Block's financial crimes compliance program for acquiring, BIN sponsorship, and FBO oversight of fintech partners. This role involves building and maintaining oversight frameworks and conducting regular program assessments of partner AML/CFT and OFAC programs.

Responsibilities

• Conduct annual and ad-hoc audits of fintech partner AML/CFT and OFAC programs, drafting recommendations and executing remediation plans.
• Develop and oversee a QA process for fintech partners' operational processes related to AML/CFT and OFAC compliance.
• Manage updates to AML/CFT Policy and related documents concerning the oversight program.
• Develop key risk and performance indicators for fintech partners, reviewing and actioning observations.
• Communicate and prepare regular reporting to senior management on the health and status of fintech partners' financial crimes programs, escalating issues as required.
• Develop and oversee, in tandem with fintech partners, a change management process for updates to their AML/CFT and OFAC programs.
• Lead and liaise with cross-functional teams such as Product, Engineering, Risk, Operations, and Legal to ensure alignment with compliance requirements for the oversight program.
• Participate in audits and regulatory examinations related to the oversight program, assisting in addressing deficiencies and preparing responses.
• Represent Bank Compliance on cross-functional initiatives that support the oversight program.
• Complete additional projects and duties as directed.

Requirements

• Minimum of 10 years of experience in financial crimes compliance roles at a bank or financial technology company spanning both commercial and consumer customers.
• Proficient knowledge of financial crimes laws and regulations at the state and federal level.
• Deep understanding of card network rules, regulations, and compliance requirements.
• Experience working in a partnerships compliance role, assessing AML/CFT and OFAC compliance risk of potential fintech partners against the Bank's risk tolerance.
• Experience conducting quality assurance (QA), compliance testing, and/or audits.
• Ability to understand and communicate legal and regulatory concepts and convert them into relevant, practical business requirements.
• Ability to interface effectively and build relationships with counterparts and partners both internal and external to the Bank.
• Ability to handle a fast-paced environment, take ownership of projects, and successfully meet established project deadline requirements.
• Ability to develop and implement new policies, procedure documents, strategies, and work processes across multiple operational units and business affiliates.
• Ability to communicate complex concepts and workflow for a range of audiences, align processes with cross-functional teams, and lead a meeting towards a decision.
• Comfort with living in ambiguity at times, with an eye toward continuous improvement, flexibility to changing priorities, and openness to new ideas.
• Excellent oral and technical writing skills, presentation skills.

Qualifications

• Minimum of 10 years of experience in financial crimes compliance roles at a bank or financial technology company spanning both commercial and consumer customers. Large bank experience is preferred.

Nice to Have

• Large bank experience is preferred.
• CAMS designation or similar preferred
• Experience in fintech on the partner bank side

Skills

* Required skills

Benefits

Certifications