Financial Crimes Risk Manager (FCRM) (ONLY ON W2)
Salary undisclosed
Apply on
Availability Status
This job is expected to be in high demand and may close soon. We’ll remove this job ad once it's closed.
Original
Simplified
Hi,
I hope you are doing well.
We do have a requirement for
Role : Financial Crimes Risk Manager (FCRM)
Location : Remote
Duration : Long Term
On W2
Overview:
The Financial Crimes Risk Manager (FCRM) will play a critical role in managing and mitigating risks related to financial crimes, including money laundering, fraud, and other illegal financial activities. The ideal candidate will have expertise in Financial Crimes Risk Management (FCRM) systems and will be responsible for overseeing the implementation, operation, and continuous improvement of these systems within the organization.
Key Responsibilities:
FCRM System Management:
- Lead the implementation and maintenance of FCRM systems to detect, monitor, and report suspicious activities.
- Collaborate with IT and Compliance teams to ensure that FCRM systems are fully integrated with other risk management and compliance tools.
- Continuously monitor the performance of FCRM systems and recommend enhancements to improve detection capabilities and efficiency.
Risk Assessment & Mitigation:
- Conduct regular risk assessments to identify potential financial crime risks and ensure that FCRM systems are aligned with these risks.
- Develop and implement strategies and controls to mitigate identified financial crime risks, leveraging FCRM systems for real-time monitoring and alerts.
Compliance & Regulatory Oversight:
- Ensure that FCRM systems are compliant with relevant regulations, including AML, KYC, and sanctions requirements.
- Stay informed about changes in regulations and industry best practices, ensuring that FCRM systems and processes are updated accordingly.
- Liaise with regulators and external auditors regarding FCRM system capabilities and compliance.
Monitoring, Reporting, & Analytics:
- Oversee the creation of dashboards and reports using FCRM systems to provide insights into financial crime risks and trends.
- Analyze data from FCRM systems to identify patterns, trends, and anomalies that may indicate financial crime activities.
- Ensure timely and accurate reporting of suspicious activities to relevant authorities, utilizing FCRM system-generated data.
Training & User Support:
- Develop and deliver training programs on the use of FCRM systems to ensure that all relevant staff are proficient in their use.
- Provide ongoing support and guidance to users of FCRM systems, ensuring that any issues are promptly addressed.
Investigations & Incident Management:
- Lead investigations into suspicious activities detected by FCRM systems, coordinating with legal, compliance, and other relevant teams.
- Manage incident responses, including reporting to authorities and implementing corrective actions to prevent recurrence.
Team Leadership:
- Lead and mentor a team of risk management professionals, providing direction and support in the use of FCRM systems.
- Foster a culture of proactive risk management and continuous improvement within the team.
Qualifications:
Education:
- Bachelor s degree in Finance, Accounting, Information Systems, or a related field. A master s degree or relevant certifications (e.g., CAMS, CFE, CFCM) is preferred.
Experience:
- Minimum of 5-7 years of experience in financial crime risk management, with a strong focus on FCRM systems.
- Proven experience in implementing and managing FCRM systems in a financial institution or similar environment.
- Experience in leading and developing teams.
Skills:
- In-depth knowledge of FCRM systems, financial crime regulations, and risk management frameworks.
- Strong analytical and technical skills, with the ability to interpret complex data and generate actionable insights.
- Excellent communication and interpersonal skills, with the ability to collaborate across various departments.
- High ethical standards and integrity.
Technical Proficiency:
- Proficiency in using and configuring FCRM systems and related technologies.
- Familiarity with data analytics tools and techniques relevant to financial crime detection.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
Report this job Similar Jobs
