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Job Ref: 15258
Salary: $250000 – $300000
Head of Transaction Monitoring
ON SITE 5 Days NYC
250k-290k / Commensurate with experience
Competitive benefits
Seeking an experienced Head of Transaction Monitoring to design, implement and oversee its Transaction Monitoring and Sanctions Screening Program.
This is a senior leadership role within a growing banking environment. The successful candidate will combine strategic program development with hands-on investigative leadership—building scalable policies, processes, teams and technology aligned with BSA/AML, OFAC and OCC expectations.
Key Responsibilities
- Design and oversee the Transaction Monitoring and Sanctions Screening Program
- Develop and continuously enhance monitoring scenarios, rules, thresholds and escalation workflows
- Establish program metrics covering effectiveness, productivity, alert aging, quality and risk
- Maintain policies and procedures consistent with regulatory expectations and the institution’s risk profile
- Build, lead and develop a team of Transaction Monitoring Analysts and AML Investigators
- Establish performance standards, quality controls and investigative-review processes
- Oversee alerts and cases from initial detection through investigation, disposition and escalation
- Ensure accurate, timely and well-supported SAR decisioning, drafting and filing
- Support 314(a), 314(b), law-enforcement and regulatory information requests
- Oversee transaction-monitoring, sanctions-screening, case-management and blockchain-analytics platforms
- Partner with Technology, Operations and Data teams on data quality, system integrity, integrations and change management
- Lead transaction-monitoring and sanctions components of the BSA/AML/OFAC risk assessment
- Provide senior management and the Board with reporting on emerging risks, performance metrics and control effectiveness
- Serve as the primary subject-matter expert for internal audit and regulatory examinations
- Develop targeted training covering transaction monitoring, sanctions, fraud and emerging financial-crime typologies
Qualifications
- 10+ years of financial-crimes compliance experience
- At least four years of leadership experience within Transaction Monitoring or AML Investigations
- Comprehensive knowledge of BSA/AML, OFAC and OCC regulatory requirements
- Proven experience designing, implementing or enhancing transaction-monitoring and sanctions-screening programs
- Strong knowledge of alert investigations, SAR processes, case management and quality assurance
- Experience managing regulatory examinations, internal audits and remediation efforts
- Familiarity with monitoring platforms, data analytics, case-management systems and blockchain-analysis tools
- Experience with fintech, payments, MSBs, cryptocurrency or digital assets
- CAMS, CFCS or equivalent certification preferred
The ideal candidate is a strategic and decisive leader who can build and scale a modern monitoring program while remaining close to complex investigations and day-to-day execution. This person should be equally comfortable presenting to regulators and senior executives, optimizing technology and data, and guiding investigators through challenging cases.
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This role requires unrestricted U.S. work authorization. Employer sponsorship is not available.
ACG Resources and our client partners are equal opportunity employers. All qualified applicants will receive consideration without regard to protected characteristics.
To apply, please contact Matt Eidlen
Email: Matt@acgresources.com
Phone number: 646-442-5459