VP of Regulatory & Compliance (Corporate AML Oversight)

iCapital; New York (NY); On-site; USD 230,000 - 320,000; Full time

Job summary

iCapital seeks a Corporate AML Oversight Vice President to join Regulatory and Compliance and provide senior‑level oversight of AML controls across the firm’s U.S. and international businesses.

You will partner with Legal, Compliance, Risk and other control functions to assess regulatory requirements, oversee the AML control environment, identify emerging risks, and support ongoing regulatory readiness.

Qualifications

• 10+ years of AML/regulatory compliance or risk management in financial services.
• Strong knowledge of BSA/FinCEN/OFAC/SEC/FINRA requirements.
• Experience overseeing AML controls across multiple business lines.
• Ability to translate regulatory changes into practical controls and governance.
• Proven ability to lead cross-functional teams and manage senior stakeholders.

Responsibilities

• Oversee AML controls across US and international businesses.
• Monitor regulatory developments and translate into practical enhancements.
• Guide Compliance, Legal, Risk, Operations, Product and Tech on AML matters.
• Lead enterprise AML/CFT risk assessments and remediation efforts.
• Provide governance documentation and prepare senior management reporting.
• Coordinate AML-related regulatory examinations, audits, and requests.

Skills

AML expertise

BSA knowledge

Regulatory oversight

Risk assessment

Cross-functional

Stakeholder comms

Education

Bachelor’s degree

J.D. or advanced degree

Tools

CAMS certification

Job description

• ICapital is seeking a Corporate Anti-Money Laundering (AML) Oversight Vice President to join its Regulatory and Compliance organization and support the AML team
• This individual will serve as a senior subject-matter expert responsible for providing oversight of AML controls across applicable U.S. and international businesses
• This role will partner closely with Legal, Compliance, Risk, business stakeholders, and other control functions to assess regulatory requirements, oversee the effectiveness of the AML control environment, identify emerging risks, and support the firm’s ongoing regulatory readiness
• Support the oversight, maintenance, and ongoing enhancement of the firm’s U.S. AML/CFT compliance framework, including policies, procedures, standards, internal controls, governance, and monitoring
• Monitor developments involving applicable BSA, FinCEN, OFAC, SEC, and FINRA requirements and translate regulatory changes and emerging expectations into practical enhancements to the firm’s AML control environment
• Provide AML subject-matter expertise and guidance to Compliance, Legal, Risk, Operations, Product, Technology, and business stakeholders
• Evaluate new products, services, distribution arrangements, client relationships, and business initiatives for potential AML/CFT and sanctions implications and recommend appropriate risk mitigation
• Facilitate enterprise and business-specific AML/CFT risk assessments, identify control gaps and enhancement opportunities, and establish oversight metrics and management information to monitor trends and areas requiring escalation
• Provide Compliance oversight of higher-risk customer, investor, intermediary, and counterparty relationships, including AML/KYC escalations involving sanctions exposure, politically exposed persons, adverse media, complex ownership structures, jurisdictional risk, and other elevated financial-crime concerns
• Advise stakeholders on enhanced due diligence, risk mitigation, escalation, and disposition, and support investigations involving potentially unusual or suspicious activity through the firm’s established SAR governance process
• Assist with senior-management and committee reporting on AML risk, regulatory developments, significant issues, remediation initiatives, and program effectiveness while maintaining clear documentation of the firm’s AML governance and oversight framework
• Coordinate and support AML-related regulatory examinations, internal audits, independent testing, compliance reviews, and regulatory information requests, ensuring responses and supporting documentation are complete and appropriately supported
• Provide oversight of third parties performing AML/KYC activities, including developing risk-based due diligence, monitoring, and testing standards and assessing policies, controls, staffing, systems, screening practices, escalation processes, and regulatory adherence
• Escalate material third-party or program deficiencies and oversee corrective-action and remediation plans in coordination with relevant Compliance, Operations, Legal, Technology, and business stakeholders
• Support the development and delivery of risk-based AML/CFT training and targeted guidance on regulatory expectations, emerging financial-crime risks, escalation requirements, and AML red flags to promote consistent application of AML standards across U.S. businesses

Strong working knowledge of the Bank Secrecy Act, USA PATRIOT Act, FinCEN regulations and guidance, OFAC requirements, FINRA AML requirements, and relevant SEC requirements and expectationsBachelor’s degree is required; JD, advanced degree, or other relevant professional certification is a plus10+ years of relevant experience in AML and BSA, financial crimes, regulatory compliance, or related risk-management roles within financial servicesCAMS certification is strongly preferredExperience assessing complex legal entities, private investment structures, funds, financial intermediaries, or institutional relationships strongly preferredDemonstrated ability to challenge existing processes constructively and drive remediation across multiple functionsStrong written and verbal communication skills with the ability to communicate complex regulatory matters to senior management and business stakeholdersSignificant experience within a broker-dealer, investment adviser, asset manager, private funds organization, bank, or comparable regulated financial institutionAble to interpret regulatory requirements and translate them into practical controls and governance standards