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Common Securitization Solutions (CSS) is seeking an experienced Principal, Financial Crimes Compliance to join our Legal and Compliance team. This is a full-time remote opportunity.
CSS built and operates the largest and most advanced mortgage securitization platform in the world, supporting the Uniform Mortgage-Backed Security (UMBS) of Fannie Mae and Freddie Mac.
Supporting 70% of the mortgage-backed securities in the market, CSS provides best-in-class single-family issuance, bond administration, disclosure, and tax services. We support a broad portfolio of products for our clients with full lifecycle management.
Our market-leading, cloud-based, end-to-end platform executes transactions on an extraordinary scale which has bolstered liquidity in the secondary mortgage market, one of the largest and most important financial markets in the world. Our unique approach to securitization combines the best minds in financial services with the know-how, flexibility, and innovation of leading technologists.
Job Information
The Compliance team at CSS is seeking a Principal, Financial Crimes Compliance to lead the Company’s Fraud, AML/BSA and Privacy programs, with support from the Lead, GRC, and Senior Analyst as well as Legal. The ideal candidate has excellent leadership, organizational and critical thinking skills plus experience in Financial Crimes Compliance, including AML/BSA, and/or a related field such as operational risk management. The role is a Director level and reports to the Vice President, Deputy Chief Compliance Officer.
Managing the Company’s Financial Crimes Compliance is critical to supporting the business, and this role will play a key part in ensuring a well-controlled and compliant environment at CSS. This is a visible and dynamic role that interacts with management and external stakeholders.
Key Job Functions
- Lead program operations for fraud, privacy and AML/BSA, including testing and monitoring, issue analysis and investigation, and strategy development.
- Monitor financial crime industry developments and emerging trends, including cyber fraud and related risks, and partner with technology and risk on internal task forces and initiatives to address threats.
- Oversee the review, investigation, and reporting of unusual or suspicious activities and assist with regulatory (SAR) reporting of these matters and serve as the Company’s AML Officer.
- Work with internal clients to periodically update regulatory gap analyses and work with Legal to maintain currency on relevant laws, regulations, and advisories (e.g. FinCEN).
- Manage responses to internal audits and regulatory exams.
- Participate on behalf of Compliance in tabletop exercises, business continuity planning, crisis management and scenario analysis.
Education
- Bachelor's or higher-level degree in any field.
Minimum Experience
- Minimum 10 years of related experience such as Financial Crimes Compliance, Fraud, Financial, Technology and/or Operational Risk Management or Audit of similar areas.
- AML work experience and BSA/AML certification, e.g. CAMS, etc.
- CFE helpful but not required.
- Applicants must be authorized to work in the US without requiring employer sponsorship currently or in the future. CSS does not offer H-1B sponsorship for this position.
Specialized Knowledge & Skills
- Talented, energetic, and engaged team player, who effectively leads and directs programs and initiatives, identifying problems, finding solutions, and suggesting improvement opportunities.
- Superior management and operational skills, able to prioritize work on multiple initiatives, delegate effectively to team members, forge solid internal relationships and influence stakeholders where appropriate.
- Strong leader who builds and maintains relationships with internal and external stakeholders, empowering others by mentoring, providing support and information as needed.
- Strong written communication and presentation skills, ability to advise business process owners on compliance practices that enable innovation and growth.
- Excellent critical thinking, analytical and data analysis skills, ability to identify trends and actionable insights, and high level of reading comprehension, able to read and understand regulations, guidance, and risk and control language.
- Knowledgeable in the usage and functionality of Microsoft Office Products, specifically: Teams, Outlook, Excel, SharePoint.
Employment
As a condition of employment with Common Securitization Solutions, any successful job applicant will be required to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.
Common Securitization Solutions is an Equal Opportunity Employer.
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