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Sr. Director, AML Analytics & Operations
Ally
Charlotte, NC, United States
Job Details - this job has expired, please see similar jobs below
Ally Requisition #
18-6137
Job Description
Position Description
The AML Analytics & Operations Senior Director will provide strategic direction and leadership for critical aspects of the AML/OFAC program--including transaction monitoring and surveillance, analytics, program operations, and AML/OFAC technology--by working with line of business, Information Technology, and other internal AML teams (Investigations, EDD/OFAC, Programs, Ally Invest). This role will provide leadership of the AML Analytics & Operations team to ensure day-to-day surveillance, analytics, and operations are conducted in compliance with regulatory/legal requirements and company policies and procedures. This person will be a manager of people and be able to collaborate with partners across the company in order to influence strategic objectives and successfully discharge his or her duties.
Job Responsibilities
This senior director position will provide key leadership of the Financial Crimes Compliance (FCC) team in support of Ally's Bank Secrecy Act/Anti Money Laundering and Office of Foreign Assets Control Programs to include:
• Responsible for leading and optimizing the delivery of Ally's AML-related technology--transaction monitoring, which includes rule-based scenarios, surveillance, and ad-hoc analytics; OFAC and other sanctions-related screening practices; Client Risk Scoring (CRS) and Enhanced Due Diligence practices; and related data and metrics.
• Apply strong knowledge of AML regulations to ensure compliance with the Bank Secrecy Act aligned with efficient, risk-based technology solutions.
• Drive solution delivery within FCC team to ensure that solutions are aligned with business objectives, regulatory expectations and industry practices.
• Provide leadership on defining approach for evolution of FCC-related technology, based on market availability and leading industry practices.
• Define and lead the strategic vision for the AML Analytics & Operations team, leading and motivating a team of approximately ten to support AML Data Analytics, Innovation, Operations and Technology.
• Oversee and direct team responsible for querying and mining large data sets to discover transaction patterns, examine financial data and filter for targeted information - using traditional as well as predictive/advanced analytic methodologies.
• Oversee and direct team responsible for participating in the design and development of user-defined application, perform data analysis, perform data quality control, develop database reports and user interfaces, and normalize relational data.
• Oversee and prepare metrics in support of management and board-level reporting, and ensure creation of reports to assist the other FCC functions with forecasting and operational improvements (trending, production metrics, etc).
• Routinely examine processes, data architecture, and technology to identify opportunities for continued process optimization.
• Define the uses and implementation of Robotic Process Automation (RPA) within the FCC team.
• Remain connected to emerging technology to influence the definition, potential uses and implementation of Artificial Intelligence (AI) technologies within the FCC team.
• Ensure day-to-day operations are conducted in compliance with regulatory and legal requirements and the organization's policy.
• Ensure creation and maintenance of adequate documentation to support strong governance, including AML surveillance, analytics, and operations policies and procedures. Provide requested information to regulatory agencies and Audit, as needed.
• Identify and resolve risks and issues, escalating as appropriate to keep management informed of identified risks.
• Prepare and present complex written and verbal materials (reports, findings and presentations).
• Participate in performing AML risk assessments for the purpose of developing surveillance controls to mitigate identified risks.
• Responsible for onboarding new company acquisitions and products to ensure regulatory coverage of OFAC screening, watchlist screening and the monitoring of potential suspicious activity, along with risk rating customers.
Qualifications
• Education level: Minimum - Bachelors' degree in business, technology or related major
• Certifications or special training needed: CAMS
• Total years and type of prior related experience: 10+ years
• Extensive knowledge of AML/OFAC compliance, surveillance methodologies and/or proprietary AML/OFAC monitoring systems
• Ability to synthesize AML and business knowledge into strategic vision
• Excellent oral and written communication skills, ability to communicate with senior management and examiners
• Strong organizational skills; ability to prioritize and work in a fast-paced environment
• Ability to influence others and initiate complex, strategic change
• Ability to respond quickly to a changing environment
• Ability to identify areas for continuous improvement and make recommendations and/or implement
• Independent decision making and ability to clearly articulate decisions to a broad audience
• Highly motivated with a positive outlook and the ability to demonstrate a professional demeanor at all times
• Strong management skills and demonstrated ability to develop employees
• Basic understanding of statistical analysis
Ally Overview
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.
Business Unit/Enterprise Function
Compliance and Regulatory Affairs is responsible for driving compliance with laws, regulations and company policies set forth by federal regulators and stakeholders.
Total Rewards Information
Ally's compensation program offers market-competitive base pay and bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid time-off program with an emphasis on work-life balance.
Ally offers a variety of benefits to protect your health and well-being, provide financial security and balance your work-life needs including:
• Industry-leading 401K Retirement Savings Plan including Matching and Company Contributions
• Comprehensive wellness program with financial incentives designed to help you achieve your best health
• Flexible health insurance options including dental and vision
• Pre-tax Health Savings Account with generous employer contributions
• Pre-tax dependent care and commuter benefits
• Other work-life integration benefits including Paid Parental & Caregiver Leave, Adoption Assistance, Back-up Child & Adult/Elder Care, Child Care Discounts, Tuition Reimbursement, LifeMatters Employee Assistance Program, Weight Watchers and other employee discount programs
Ally is an Equal Opportunity Employer
We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.