Senior Manager, Financial Crimes Governance & Risk Testing

Varo Bank; New York (NY); On-site; USD 170,000 - 210,000; Full time

Job summary

Varo Bank is seeking a Senior Manager of Financial Crimes Governance to oversee AML/CFT and Fraud governance and lead the second-line FCRM Testing function. You will report to the Director of Financial Crimes Governance and drive proactive risk management across the bank’s financial crimes framework.

The role emphasizes building partnerships across Fraud Strategy, Operations, and Investigations, maintaining risk assessments, KRIs, and communicating findings to executive leadership.

Qualifications

• 7+ years in financial crimes risk management within banking.
• 3+ years direct people management of risk or compliance teams.
• Deep expertise in AML/CFT and Fraud governance frameworks and regulations.
• Experience developing second-line compliance or FCRM testing programs.
• Strong analytical use of data to evaluate risk and measure control effectiveness.

Responsibilities

• Provide second-line oversight and challenge on Fraud and AML/CFT governance.
• Oversee the second-line FCRM Testing Plan across controls.
• Stay informed on regulatory developments and emerging risks in financial crimes.
• Maintain enterprise risk assessments and identify control gaps.
• Establish KRIs and report gaps to leadership and executives.
• Collaborate with Fraud Strategy, Operations, and Investigations to adapt controls.

Skills

Analytical skills

Data-driven risk assessment

Stakeholder influence

Communication skills

SQL knowledge

Tools

GRC tools

Job description

Varo Bank is seeking a Senior Manager of Financial Crimes Governance to oversee AML/CFT and Fraud governance and lead the second-line FCRM Testing function. You will report to the Director of Financial Crimes Governance and drive proactive risk management across the bank’s financial crimes framework.

The role emphasizes building partnerships across Fraud Strategy, Operations, and Investigations, maintaining risk assessments, KRIs, and communicating findings to executive leadership.