Head of AML Transaction Monitoring - Financial Intelligence Unit

Truist; Charlotte (NC); Remote; USD 190,000 - 230,000; Full time

Benefits offered by this job

Remote work option

Job summary

Truist is seeking a senior leader to head the AML Transaction Monitoring function within the FIU. This role oversees the model owner program across lifecycle stages, ensuring governance, data quality, and regulatory alignment.

The position can be remote for the right candidate and requires strong leadership and risk management skills across cross-functional teams. The candidate will partner with Model Development, Model Risk Management, Technology and Data to strengthen AML monitoring and

Qualifications

• Bachelor's degree or equivalent experience required.
• Ten years of SAS experience with large data problems and model testing.
• Strong leadership and people-management skills.
• Experience working with metrics, reporting, data, modeling or technology initiatives.

Responsibilities

• Lead the AML transaction monitoring model owner function with strategic direction and oversight over the model portfolio.
• Develop and coach a high-performing team of AML model owners and manage performance and talent development.
• Set priorities based on financial crime risk, coverage needs, and regulatory expectations; drive governance and approvals.
• Provide lifecycle leadership for model strategy, development, testing, performance monitoring, and changes.
• Partner with Model Development, Model Risk, Technology and Data to deliver governed AML monitoring capabilities.

Skills

SAS experience

Leadership

Model risk mgmt

Cross-functional

Communication

Education

Bachelor's degree

Master's degree (Preferred)

Job description

The Head of AML Transaction Monitoring is a senior leader within the Financial Intelligence Unit (FIU), responsible for leading the AML Model Owner function and overseeing the performance, risk management, and continued evolution of the Bank’s AML transaction monitoring models.

The role ensures Model Owner responsibilities are effectively executed across the model lifecycle, including business requirements, implementation, ongoing monitoring, model inventory, issue remediation, and model changes.

As a member of the FIU leadership team, this leader partners across Financial Crimes, Model Development, Model Risk Management, Technology, and Data to strengthen AML monitoring and ensure applicable model risk and governance requirements are met.

Position can be remote for the right candidate

Candidates will only be considered if they meet the job criteria

Essential Duties And Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Lead the Bank’s AML transaction monitoring model owner function, with responsibility for the strategic direction, effectiveness, performance, and ongoing oversight of the AML transaction monitoring model portfolio.
• Lead and develop a high-performing team of AML model owners, including responsibility for performance management, coaching, talent selection, training, subject matter expertise, and career development.
• Establish priorities for the AML transaction monitoring model portfolio based on financial crime risk, coverage needs, model performance, regulatory expectations, and emerging threats and typologies.
• Provide leadership across the AML transaction monitoring model lifecycle, including model strategy, development, implementation, performance monitoring, tuning, testing, enhancements, changes, and ongoing oversight.
• Partner closely with Model Development, Model Risk Management, Technology, Data, Investigations, and other Financial Crimes teams to deliver effective, well-governed transaction monitoring capabilities.
• Champion data quality and data management practices that support the accuracy, reliability, and effectiveness of AML transaction monitoring models.
• Ensure delivery of accurate and actionable analytics, reporting, or data insights to aid key decision-making and support effective operations within the Financial Crimes Program
• Ensure model ownership processes, decisions, procedures, and supporting documentation are appropriately governed, maintained, and executed in accordance with enterprise standards.
• Build strong partnerships across Financial Crimes and the broader organization to advance strategic priorities and the continued evolution of the Bank’s AML transaction monitoring program.
• Represent the AML transaction monitoring model owner function in regulatory examinations, internal audit, model validation, governance, and other independent reviews, and provide leadership in addressing identified issues.

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's Degree or an equivalent combination of education and experience.
• Demonstrated analytical, project management, and organizational skills and experience working with metrics, reporting, data, modeling, and/or technology initiatives.
• Ten years of SAS experience (or other applicable model development software) with application to large data problems and relevant statistical procedures. Ability to test, maintain, and monitor models, including: threshold tuning, sensitivity analyses, and scenario testing.
• Strong communication skills, both written and verbal.
• Excellent interpersonal skills demonstrating the ability to interact with all levels of management effectively.
• Strong leadership and decision-making skills.
• Ability to work with cross-functional teams in a high-stress, fast-paced and rapidly changing environment with teammates in multiple geographic locations.
• Strong work ethic and desire to enhance knowledge base and technical skills.
• Ability to handle ambiguity and adapt to shifting objectives.
• Strong problem solving skills.

Preferred Qualifications

• Master's degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, Business Administration or other applied quantitative science, or equivalent education and related training.
• Seven years of demonstrated experience with Anti-Money Laundering, OFAC, Fraud, and/or Compliance Intelligence programs.
• Knowledge of laws, rules, and regulations impacting financial crimes programs.
• Strong leadership and decision-making skills.
• Ability to work with cross-functional teams in a fast-paced and rapidly changing environment with teammates in multiple geographic locations.
• Certified Anti-Money Laundering Specialist (CAMS), or other qualified, related professional certifications.

Other Job Requirements / Working Conditions

Sitting

Constantly (More than 50% of the time)

Visual / Audio / Speaking

Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.

Manual Dexterity / Keyboarding

Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.

Availability

Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.

Travel

Up to 25%

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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