Global Head of BSA/AML & Sanctions

Madison-Davis, LLC; New York (NY); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Remote/Hybrid not specified

Job summary

Madison-Davis, LLC seeks an experienced executive to lead the organization’s BSA/AML and sanctions function. You will serve as the formal BSA and OFAC/Sanctions Officer, directing the design, execution, and governance of the financial crimes program.

You will engage with the Board, regulators, auditors, and business leaders to drive risk-based remediation, program effectiveness, and strategic alignment with growth and product strategies.

Qualifications

• 10+ years of progressive BSA/AML and sanctions experience, including senior leadership within a regulated financial institution.
• Strong regulatory credibility and experience leading complex financial crimes programs.

Responsibilities

• Serve as the institution's designated BSA Officer and OFAC/Sanctions Officer with authority and direct access to leadership and the Board.
• Set strategic direction for the BSA/AML and sanctions program aligned with risk profile and growth strategy.
• Maintain a comprehensive, risk-based financial crimes framework in line with BSA and related regulations.
• Lead remediation of regulatory findings, audit observations, and material control weaknesses with sustainable action.
• Oversee CIP, CDD, EDD, beneficial ownership, customer risk rating, and high-risk customer oversight.
• Provide senior oversight of transaction monitoring, investigations, SARs, and backlog management.
• Own sanctions compliance framework including screening, list updates, and matching logic.
• Ensure regulatory reporting, blocked transactions, and licensing matters are properly handled.
• Coordinate changes arising from new regulations and evolving financial crimes risks.
• Report to executive management and the Board on program effectiveness and risks.
• Partner with risk, legal, technology, data, and third-party teams to embed financial crimes in new products.
• Recruit, develop, and lead a high-performing financial crimes team with strong governance and accountability.

Job description

Madison-Davis, LLC seeks an experienced executive to lead the organization’s BSA/AML and sanctions function. You will serve as the formal BSA and OFAC/Sanctions Officer, directing the design, execution, and governance of the financial crimes program.

You will engage with the Board, regulators, auditors, and business leaders to drive risk-based remediation, program effectiveness, and strategic alignment with growth and product strategies.