ADP is hiring a Senior Director, AML Practice, Export Controls, Economic and Trade Sanctions

 

The Senior Director, AML Practice, Export Controls, Economic and Trade Sanctions will support the VP, Global Financial Crimes Officer in designing an innovative and effective Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF), Economic and Trade Sanctions and Export Controls compliance programs, and will develop and maintain related policies and procedures. Primary responsibilities will include 1) maintaining an effective, practical, and sustainable compliance program that that complies with the Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC), and other applicable international AML, export controls and economic and trade sanctions laws and regulations; 2) identifying emerging compliance issues and recommend measures to mitigate risk exposure; 3) maintaining, and promoting compliance across domestic and international business operations by conducting risk assessments, developing quality assurance processes and performing quality control reviews; 4) establishing and managing a Financial Intelligence Unit to proactively assess threats, perform studies and make enhancement recommendations; and, 5) provide periodic reporting to the VP, Global Financial Crimes Compliance Officer.

Responsibilities:

Oversee and maintain Global AML/CTF and economic and trade sanctions and export controls programs in line with domestic and international requirements, expectations, and guidance, as well as relevant industry best practices. Provide oversight and guidance relating to the execution of key AML functions including Know Your Client (KYC), transaction monitoring, AML reporting, and training. Manage team and oversee AML/economic and trade sanctions and export controls compliance initiatives - including evaluating and driving compliance behaviors across domestic and international jurisdictions. Evaluate and monitor the AML/CTF, sanctions, and export controls risks associated with a complex portfolio of clients and products across domestic and international business operations and design and recommend appropriate policies, procedures, and controls to mitigate risk exposure. Assess and support new product developments and initiatives while ensuring sustained compliance with AML/CTF and economic and trade sanctions and export controls requirements. In coordination with the VP, Global Financial Crimes Officer, act as a liaison with regulators regarding AML and sanctions matters including audit issues and regulatory requirements. In coordination with the VP, Global Financial Crimes Officer, act as the point of contact for internal (audit) and external program reviews, assessments, and examinations. Oversee the timely and proper remediation of examination and/or audit findings, if any. In coordination with the VP, Global Financial Crimes Officer, prepare periodic reports to the audit committee of the board of directors and senior management around critical AML/CTF reporting metrics, strategic initiatives, success factors, and overall AML/CTF, sanctions and export controls programs compliance. Identify and track necessary KPIs to support tactical and strategic initiatives. Monitor relevant AML/CTF, export controls and economic and trade sanctions compliance developments, maintain advanced knowledge of new and amended laws and regulations impacting the business, and ensure the compliance program incorporates evolving requirements and expectations in collaboration with the VP, Global Financial Crimes Officer. Manage effective communication and training across all levels of the organization to support a strong AML/CTF, trade sanctions and exports controls compliance culture across domestic and international operations. As part of the Financial Intelligence Unit, proactively assess threats, perform studies of existing processes and procedures, and make enhancement recommendations. Understand and participate in other compliance and enterprise initiatives that may impact and/or benefit the success of the AML compliance program (anti-fraud, anti-bribery, etc.). In cooperation with the AML Operational Teams, drive the development and implementation of new and modified processes - including systems and technology enhancements -to maintain compliance with all AML, sanctions, and export controls requirements Enhance and oversee AML/sanctions/export controls compliance testing and quality assurance functions (domestic and international).

Qualifications:

12+ years of related experience in a large financial institution or professional business services environment, with at least 5+ of those years in a strategic BSA/AML leadership role. B.A. degree supplemented by specialized training in AML/CTF and sanctions and export controls compliance; Graduate Degree/JD preferred Extensive knowledge of requirements under the Bank Secrecy Act and international AML regulations. Experience interacting with all levels of management, including senior leadership Experience interacting with legal counsel, law enforcement, regulators, and examiners on AML/CTF/sanctions/export controls issues. Experience applying AML knowledge and application of legal requirements - including relevant industry best practices - across a broad range of unique, non-traditional financial products and services. Experience developing and successfully implementing new compliance initiatives across large, complex business organizations. Experience in stakeholder engagement and management. Experience designing, implementing, and tailoring AML/sanctions monitoring systems and tools. Ability to identify risks in an innovative and fast paced environment. Experience in multi-jurisdictional, global organizations. Ability to demonstrate leadership, influencing and advocacy skills. Excellent written and verbal communication, as well as presentation skills. Strong cross-functional teaming experience. Relevant certifications preferred. Audit, investigative or regulatory skills desirable.

You'll love working here because:

Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights. Belong by joining one of nine Business Resource Groups to connect globally with networks and allies who share common interests and experiences. Grow your career in an agile, fast-paced environment with plenty of opportunities to progress. Continuously learn through ongoing training, development, and mentorship opportunities. Be your healthiest. Best-in-class benefits start on Day 1 because healthy associates are happy ones. Focus on your mental health and well-being. We're here to provide exceptional service to our clients, and none of that happens without each of us taking care of ourselves and being there for one another. Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live. Get paid to pay it forward. Company-paid time off for volunteering for causes you care about.

 

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A little about ADP: We are a comprehensive global provider of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration and a leader in business outsourcing services, analytics, and compliance expertise. We believe our people make all the difference in cultivating a down-to-earth culture that embraces our core values, welcomes ideas, encourages innovation, and values belonging. We've received recognition for our work by many esteemed organizations, learn more at ADP Awards and Recognition

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