Director of Financial Crime Compliance Technology Solutions

The Federal Reserve

Confirmed live yesterday High trust

Quick summary

Work type
On-site
Location
New York, NY
Salary
$225,000–$275,000 / yr
Employment
Full-time
Posted
4 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Above market

How this pay compares to similar roles

Similar $221k
This role $250k
$160k most similar roles pay here $287k

This role pays more than 73% of similar roles. Most pay $183,725–$257,668 — the shaded band above. At the midpoint, this role pays about $250k versus about $221k for comparable roles.

Based on 240 similar postings.

Employer

About The Federal Reserve

The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations.

The Federal Reserve currently has 19 open roles on FindRole.

Listed pay typically runs $136,600–$178,800 across 15 roles with salary data.

Most-posted roles

View all roles at The Federal Reserve

At a glance

TL;DR · Director of Financial Crime Compliance Technology Solutions

The Director of Financial Crime Compliance Technology Solutions joins the Legal and Compliance Group to oversee the development and implementation of technology solutions that advance financial crime compliance objectives. This role involves identifying, developing, and testing transaction monitoring scenarios tailored to specific products and risk appetites while evaluating internal control structures for automated systems. The position requires managing third-party vendor relationships and collaborating with Risk and Audit groups to ensure robust Know-Your-Customer and case management functionality. Candidates must possess deep expertise in regulatory compliance, AML, and sanctions, alongside experience with platforms like SAS, NICE Actimize, Quantexa, or Palantir. Technical requirements include proficiency in SQL, Python, R, and analytics tools such as Tableau or Power BI. The role addresses the critical business problem of maintaining a secure financial system by mitigating fraud and money laundering risks through advanced technology.

What you'll do

  • Lead the implementation of technology solutions to support financial crime compliance objectives.
  • Identify, develop, and implement transaction monitoring scenarios based on the Bank's risk appetite.
  • Oversee the testing and tuning of transaction monitoring scenarios before production deployment.
  • Evaluate internal control structures for automated financial crime solutions to identify risks and weaknesses.
  • Oversee the implementation of Know-Your-Customer (KYC) and case management functionalities.
  • Manage relationships with third-party vendors relevant to financial crime systems initiatives.
  • Collaborate with Risk, Audit, and other stakeholders to implement technology improvements.
  • Develop role-related presentations and perform special projects as assigned by leadership.

What we're looking for

  • Must possess professional experience and deep subject matter expertise in regulatory, financial crime, AML, and sanctions compliance.
  • Must have an established track record working with transaction monitoring and KYC systems.
  • Must have experience in the design and implementation of AML technologies, including rule development, tuning, and optimization.
  • Experience with platforms such as SAS, NICE Actimize, Quantexa, Palantir, or similar technology platforms is required.
  • Experience using analytics tools like Tableau or Power BI is required.
  • Experience writing SQL queries and proficiency in statistical programming languages like Python or R are required.
  • Must possess expertise in common fraud or money laundering typologies.
  • Must be a U.S. citizen, lawful permanent resident, or a protected individual as defined by 8 U.S.C. § 1324b(a)(3).

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