AML & Sanctions Program Lead

HUB International; Chicago (IL); Hybrid; USD 95,000 - 120,000; Full time

Benefits offered by this job

Health/dental/vision insurance

401(k) with company match

Paid time off

Job summary

HUB International is seeking a Financial Crime Compliance Lead to build and scale a robust sanctions screening and AML program across a growing global organization. You will partner with IT, operations, and client services to ensure scalable, sustainable controls and timely, evidence-based decisions.

The role requires 3+ years in compliance or risk management within financial services, with strong knowledge of global sanctions laws and experience in screening systems.

Qualifications

• 3+ years of experience in compliance or risk management within the insurance or financial services sector.
• Strong working knowledge of OFAC, UN, EU, UK, and Canadian sanctions laws and their implications for insurance placements and financial transactions.
• Experience managing sanctions screening systems or working with insurance policy administration systems is highly desirable.

Responsibilities

• Developing, socializing and operationalizing company policies related to financial crime compliance
• Leading continued enhancements to sanctions screening program
• Partner with internal data stewards to integrate clients/vendors into screening software
• Develop toolkit for standard review/remediation of screening hits
• Review and remediate screening hits as they arise
• Leading continued development of Risk-Based AML/KYC Program
• Perform assessment to determine risk-based application to business
• Develop AML/KYC program to align with risk review, and aligning with existing AML framework in place
• Advisory & Guidance: Provide subject matter expertise to internal stakeholders on financial crime-related risks during client onboarding and placement processes
• Third Party Risk: Expand/enhance third party diligence program to align with evolving company risk profile
• Financial Crime Training: Develop and deliver targeted live training
• Develop or identify all employee sanctions training for deployment through HUB Learning
• Risk Assessment & Program Documentation: Conduct periodic financial crime risk assessments to evaluate exposure and prepare regulatory notifications; Maintain audit trails for all sanctions-related investigations and decisions

Skills

Analytical thinking

Investigative mindset

Decision making

Communication

Regulatory interpretation

Attention to detail

Education

Bachelor’s degree in Law, Business, Finance, Risk Management, or related field

Master’s degree preferred

Tools

Sanctions screening systems

Insurance policy administration systems

Job description

HUB International is seeking a Financial Crime Compliance Lead to build and scale a robust sanctions screening and AML program across a growing global organization. You will partner with IT, operations, and client services to ensure scalable, sustainable controls and timely, evidence-based decisions.

The role requires 3+ years in compliance or risk management within financial services, with strong knowledge of global sanctions laws and experience in screening systems.