Senior Director of Global AML & Sanctions Programs

THE WORK:

Ripple is expanding its AML & Sanctions team and seeks to hire an experienced Senior Director of Global AML & Sanctions Programs. This role will serve as a critical strategic advisor to the business – including its products, customer experience and markets teams. The role will advise and help build and implement smart, risk-aligned compliance systems and processes that support both regulatory compliance and operational excellence.  This position reports to the SVP, General Counsel and will work collaboratively with other members of the AML/CFT compliance team, including its Head of Financial Crimes Compliance, regional MLROs, due diligence and investigations teams.

This is a great opportunity to work in a fast paced environment with experienced industry leaders on cutting edge AML & Sanctions compliance matters.

This position is open in San Francisco, New York City or Miami.

WHAT YOU’LL DO:

• Serve as the BSA Officer / Money Laundering Reporting Officer for Ripple Markets DE LLC, Ripple Markets WY LLC and Ripple Labs Cayman Ltd.


• Collaborate with the business regarding AML/CFT and sanctions, working with the business to improve our processes, customer experience and technology as it relates to AML/CFT.  


• Evaluate new business proposals, products and services, initiatives, and partnerships for AML, economic sanctions, and export control requirements for Ripple and its foreign subsidiaries, recommending measures to ensure regulatory compliance.


• Manage the AML/CFT and sanctions compliance policies and procedures of Ripple’s global regulated subsidiaries.


• Develop controls for new products & services; and work with legal to draft applications to obtain financial services licenses globally.


• Conduct annual and ad hoc risk assessments and make annual updates to policies, procedures, and other relevant program documents.


• Coordinate responses to third-party audits and regulatory exams and lead remediation efforts of any resulting findings and/or corrective actions in a timely manner.


• Collaborate with the rest of the AML & Sanctions team quarterly and annual strategic planning priorities to enhance the Program based on new regulations, products and business expansion.


• Oversee annual QA review and internal audit activities of AML/CFT and sanctions processes and lead remediation efforts of any resulting findings and/or corrective actions in a timely manner.


• Build, enhance and deliver AML/CFT and sanctions regulatory compliance training to all Ripple employees.

WHAT YOU'LL BRING: 

• 10+ years of AML/CFT and sanctions experience.


• 5+ years of people management experience.


• Strong demonstrated knowledge of AML/CFT and sanctions regulations and requirements.


• Demonstrated knowledge of Payments businesses


• Proven ability to understand complex AML/CFT and sanctions risk and operational issues and develop practical and risk-based solutions.


• Ability to provide practical, strategic and business-oriented advice.


• Ability to effectively present on AML/CFT and sanctions topics to internal and external parties.


• Proven ability to oversee multiple concurrent projects.


• Strong written and verbal communication skills; at ease communicating and presenting to Senior Management.


• Ability to work independently and collaboratively.


• Experience with technology and/or financial services companies.


• Must be CAMS certified.