Head of Risk Management

Legacy Search Advisors; Rockville (MD); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Competitive compensation

Influential leadership role

Stable institution with growth potential

Job summary

A reputable financial institution is seeking a Senior Vice President to lead its enterprise-wide Fraud and Financial Crimes Risk Management function. This role will focus on strategy, independent oversight, and managing regulatory relationships. Candidates should possess deep experience in BSA/AML and fraud risk, especially in institutions with assets between $10B and $50B. A comprehensive compensation package accompanies this influential position with direct access to executive leadership and the Board.

Qualifications

• Extensive background in financial crimes within the banking sector.
• Leadership experience at a banking institution with assets between $10B and $50B.
• Proven executive presence and regulatory interaction skills.

Responsibilities

• Set strategy for the financial crimes framework.
• Lead independent oversight across risk functions.
• Report to executive leadership and the Board.

Skills

Deep experience in BSA/AML

Fraud risk management

Financial crimes expertise

Regulator-facing experience

Leadership capabilities

Education

CAMS or CFE certification

Tools

Verafin

Job description

A highly respected, publicly traded financial institution is creating a new Senior Vice President role to lead its enterprise-wide Fraud and Financial Crimes Risk Management function.

This is a top-of-the-house leadership position reporting directly to the Chief Risk Officer, with regular visibility to executive leadership and the Board. The role will oversee second-line risk functions spanning BSA/AML, fraud risk, and quality assurance, while preserving the regulatory independence of the BSA Officer.

If you’re a proven financial crimes leader who enjoys building programs, leading people, and operating at the executive level — this role offers scale, influence, and long-term runway.

What You’ll Be Doing

You’ll set strategy and provide independent oversight across the bank’s financial crimes framework, ensuring strong governance, regulatory credibility, and effective challenge to the first line. This includes leading experienced teams, partnering closely with regulators, and helping the organization stay ahead of emerging fraud and AML risks.

You’ll also play a critical role in executive and Board-level reporting, regulatory exams, issue remediation, and enterprise risk discussions — all while fostering a strong culture of integrity, accountability, and collaboration.

What They’re Looking For

This role is designed for senior leaders currently operating in, or ready to step into, an enterprise-level financial crimes leadership seat.

Ideal background includes:

• Deep experience in BSA/AML, fraud risk, and financial crimes within banking
• Prior leadership at a $10B–$50B bank (up to $100B considered with the right mix)
• Executive presence with strong regulator-facing experience
• Demonstrated ability to lead second-line functions and protect BSA Officer independence
• Familiarity with tools like Verafin is a strong plus
• CAMS or CFE required

Experience as a prior BSA Officer is highly valued but not mandatory.

Why This Role Stands Out

• Newly created SVP role with real influence
• Direct access to executive leadership and the Board
• Strong team already in place (direct and indirect reports)
• Competitive compensation with long-term upside
• Stable, well-run institution with a thoughtful approach to risk and governance

Interested?

Apply here or reach out directly for a confidential conversation.