Senior Financial Crimes & AML Leader

M1 Finance; Chicago (IL); Hybrid; USD 150,000 - 170,000; Full time

Benefits offered by this job

Competitive pay

Stock options

Health insurance

Dental insurance

Vision insurance

Disability insurance

Life insurance

401(k) match

Unlimited PTO

Open leadership communication

Job summary

M1 Finance in Chicago seeks a Financial Crimes Manager to lead Fraud and AML, reporting to the Chief Compliance Officer. This hands-on leadership role oversees end-to-end financial crimes lifecycle and a team of investigators, leveraging data and analytics to scale controls.

You will drive AML program governance, KYC/EDD frameworks, regulatory reporting, and cross-functional partnerships to build scalable fintech risk controls in a growth environment.

Qualifications

• 7+ years of progressive experience in BSA/AML, fraud, or financial crimes compliance with regulated financial institutions.
• CAMS or CFE/CAFS certification(s) or equivalent required.
• Deep working knowledge of BSA, USA PATRIOT Act, FinCEN, OFAC, FINRA, and SEC requirements, including SAR drafting, filing, and governance.
• Experience managing and developing a team of analysts or investigators.
• Experience with transaction monitoring and surveillance systems, including alert tuning, scenario design, and model calibration.
• Strong analytical skills and comfort working with data; ability to translate regulatory requirements into scalable operational controls.
• Excellent judgment, written communication, and the ability to defend decisions to regulators, auditors, and senior management.

Responsibilities

• Lead the day-to-day execution and continual enhancement of the AML Program under the AML Compliance Officer, ensuring regulatory requirements are met.
• Oversee the team's execution across all critical decision points in the financial crimes lifecycle from onboarding to offboarding and funds recovery.
• Manage CIP, KYC, CDD, and EDD framework including oversight of customer risk ratings and ongoing monitoring.
• Provide senior-level oversight for complex investigations including unusual activity, SARs, and regulatory reporting obligations.
• Improve surveillance through alert calibration, scenario development, data analytics, and automation.
• Identify opportunities to leverage AI and analytics to strengthen surveillance, investigations, and monitoring.
• Support the FinCrime oversight framework for AML and Fraud investigations and controls.
• Partner with Product, Engineering, Operations, Legal, and Risk to design scalable controls for new products.
• Monitor new regulatory developments and oversee implementation impact on business activities.
• Lead, mentor, and develop Fraud and AML personnel fostering accountability and continuous improvement.

Skills

BSA/AML compliance

Fraud investigations

Team leadership

Data analytics

Regulatory reporting

Regulatory communication

Education

CAMS or CFE/CAFS certification

Tools

Surveillance systems

Job description

M1 Finance in Chicago seeks a Financial Crimes Manager to lead Fraud and AML, reporting to the Chief Compliance Officer. This hands-on leadership role oversees end-to-end financial crimes lifecycle and a team of investigators, leveraging data and analytics to scale controls.

You will drive AML program governance, KYC/EDD frameworks, regulatory reporting, and cross-functional partnerships to build scalable fintech risk controls in a growth environment.