Senior Director of Financial Crime Prevention

4 weeks ago


Rockville, Maryland, United States MDDC Credit Union Association Full time

Job Summary

We are seeking a highly skilled Vice President Anti-Money Laundering & Security to join our team at MDDC Credit Union Association. As a key member of our organization, you will be responsible for developing and implementing comprehensive Anti-Money Laundering, fraud prevention, and security programs to safeguard our organization against financial crimes, fraud, and security breaches.

About the Role

This role requires a strategic thinker who can manage regulatory compliance, assess risks, and establish effective control mechanisms. You will be responsible for conducting regular risk assessments and due diligence on customers, transactions, and third-party relationships, as well as monitoring and reporting suspicious activities to relevant authorities as required by law.

Responsibilities

- Develop, implement, and manage Anti-Money Laundering policies, procedures, and controls in compliance with local and international regulations.
- Conduct regular risk assessments and due diligence on customers, transactions, and third-party relationships.
- Monitor and report suspicious activities to relevant authorities as required by law.
- Stay up to date with Anti-Money Laundering regulations and industry best practices, ensuring our organization's continued compliance.
- Design and implement strategies to prevent and detect fraud, including identity theft, payment fraud, and cyber fraud.
- Investigate and analyze fraud incidents, identifying patterns and vulnerabilities.
- Oversee fulfillment of subpoenas and law enforcement requests.
- Collaborate with law enforcement agencies and legal teams to prosecute fraudsters when necessary.

Requirements

- 10-15 years of financial institution or law enforcement experience.
- A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree [e.g. Certified Anti-Money Laundering Specialist (ACAMS), Certified Fraud Examiner (CFE)].

What We Offer

- Employer paid health insurance premium for single and family coverage (HMO Plan).
- Fully funded deductible (HMO Plan).
- 401k employer matching contribution.
- Income protection with life insurance, short and long-term disability.

Equal Opportunity Employer

MDDC Credit Union Association is an Equal Opportunity and E-Verify Employer.



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