Remote Head of Financial Crime and Supportability Frameworks

Summary

Join Stripe's Financial Crimes and Supportability team as a leader in designing, articulating, and maintaining the full range of Stripe’s global financial crime and supportability frameworks. As a strategic thought leader, you will play a leading second-line role shaping the strategic design and planning of financial crime risk management across Stripe’s full product suite.

Requirements

• At least 15 years of experience in a financial crime compliance role within a large financial institution or payment services firm, at least half of which focused on policy, procedure and regulatory interactions
• 8+ years of management experience, including experience in managing managers and senior SMEs
• Deep subject matter knowledge and expertise of financial crime regulations, laws, and standards, including but not limited to, the US Patriot Act, FATF recommendations, the Bank Secrecy Act, the the EU Fourth Anti-Money Laundering Directive, and similar global regulatory regimes
• Demonstrated experience in effectively advocating for regulatory change, or in addressing dynamic regulatory environments to support effective risk management and financial inclusion
• Demonstrated experience in strategic change and growth of a complex Financial Crimes programme
• Demonstrated experience in developing and embedding a “culture of compliance” at an organisational level
• Effective relationship building with technical, product, and sales professionals to enable safe and rapid growth
• Strong desire to innovate and improve financial crime compliance effectiveness at a systemic level
• Experience in designing, implementing, and embedding financial crime policies, procedures, training, and oversight
• Excellent communication and interpersonal skills to work effectively with internal and external stakeholders and effective skills in translating legislation and regulation into clear risk-based principles
• Experience in presenting to Board, Board Committees and senior executive forums
• Prior experience in holding a regulatorily accountable role in a regulated institution (example: Bank Secrecy Act Officer in a US-regulated firm, SMF 17 in UK-regulated firm, or PCF-52 in an Irish-regulated firm)
• An effective “way of working,” including: experience and comfort juggling the numerous aspects of a compliance program in a fast-paced and dynamic environment and an effective and relatable “culture of compliance” mentality that enables strong cross functional relationships

Responsibilities

• Be primarily responsible for designing, articulating, and maintaining how all the elements of our financial crime framework align across all the financial crime and supportability risk types
• Design and oversee the FCS governance and MI framework to ensure that it operates effectively to identify and highlight risks and is aligned to our global programs
• Ensure Stripe’s global financial crimes programs and policies effectively incorporate regional requirements, and implement enhancements where and when necessary
• Design Stripe’s FCS training framework within a global framework - ensuring that all Stripes are receiving the right substantive training to understand and manage the risks that they face
• Ensure effective executive management and board reporting to highlight FCS risks to all appropriate governance and board committees, in line with global and regional governance and reporting programs
• Oversee, maintain, and develop Stripe’s financial crime and supportability policies, covering Money Laundering, Counter-Terrorism Finance, Sanctions and Sanctions evasion, Tax Evasion, Human Trafficking, etc
• Oversee and ensure effective adoption and integration of Stripe’s intelligence-led risk assessment approach, including ongoing and dynamic risk assessments, including effective horizon-scanning to monitor, assess, and manage emerging regulation and risks
• Working with regulatory officers (MLROs, Compliance Officers, Risk Officers), track and coordinate all engagement with regulators on FCS matters and related actions
• In consultation with Public Policy teams, formulate external engagement strategy for FCS and oversee the authoring of relevant content to support engagements
• Ensure effective reporting and MI to MLROs, Compliance Officers, Risk Officers and regulatory role holders for all Stripe’s regulated entities to demonstrate effective oversight and risk management
• Provide constructive and effective advice and challenge to product, engineering, go-to-market, and first-line risk management teams to ensure relevant risks are appropriately identified, evaluated, and mitigated
• Serve as a visible and trusted point of contact internally and externally for partners, law enforcement, and regulators
• Demonstrate effective strategic thought leadership on matters of financial crime and supportability and maintain effective strategic working relationships with counterparts at relevant financial partner institutions
• Deputise for the Global Head of Financial Crime and Supportability when required

Preferred Qualifications

• Payments or fintech experience
• CAMS or CFE certification or similar professional qualification