Director, AML & Financial Crimes – Enterprise Fraud Governance

Job Description Summary Under limited direction, uses extensive knowledge and skills in securities and/or banking industry and financial crimes management obtained through experience, specialized training and/or certification to develop, administer, and lead the Fraud Governance pillar of the firm’s global Fraud Risk Management program. Responsible for shaping and advancing the enterprise fraud risk governance framework to ensure continued program strength amidst rapidly evolving fraud threats, by driving fraud program strategy and design, policies and standards, risk assessments, risk monitoring and reporting, regulatory response, issue management, and governance forums. Provides strategic direction for the firm’s fraud risk management practices and partners with senior leaders across business units and control functions to drive consistent, risk-based governance and accountability. Leads enterprise-wide governance committees and working groups, communicates material fraud risks and program priorities to executive stakeholders, and oversees a team responsible for executing fraud governance activities and global business unit oversight. Works independently on difficult assignments that are broad in nature requiring originality and ingenuity with appreciable latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems. Job Description Essential Duties and Responsibilities • Own and drive the evolution of the enterprise fraud governance strategy and framework, shaping program priorities and driving measurable progress in alignment with the firm’s broader Enterprise Fraud Risk Management (EFRM) program, strategic priorities, and regulatory expectations. • Lead the development, maintenance, and enhancement of enterprise-level fraud-related policies, standards, governance processes, and supporting procedures. • Provide strategic oversight of internal and external fraud risk assessments, including identity theft risk assessments, and drive action plans to address identified gaps and opportunities enabling continual advancement of the firm’s global anti-fraud program. • Establish and oversee the enterprise fraud risk monitoring and reporting framework, including Key Risk Indicators (KRIs), Key Performance Indicators (KPIs), risk themes, and executive-level reporting. • Anticipate and respond to a rapidly changing fraud landscape by translating emerging threats, regulatory developments, industry practices, and peer approaches into forward-looking program strategy and impactful governance enhancements • Set the direction for the firm’s Enterprise Fraud Risk Management Committee and related enterprise governance forums, including agenda strategy, executive materials, issue escalation, decision-making, and follow-through. • Serve as a primary fraud governance liaison to senior and executive management, presenting material fraud risks, program performance, strategic priorities, emerging issues, and recommended actions. • Drive enterprise-wide coordination and accountability for fraud risk management practices across global business units, including governance reviews, working groups, and escalation of material gaps. • Provide strategic direction for fraud-related regulatory change management, ensuring requirements are identified, assessed, translated into governance expectations, and implemented across impacted areas. • Lead and coordinate responses to regulatory exams, inquiries, internal audits, and independent reviews related to fraud risk management and governance. • Oversee the management and escalation of fraud-related issues and corrective actions, ensuring appropriate ownership, documentation, remediation, and timely resolution. • Partner with various control and process owners, including leaders in Financial Crimes Management, Analytics, Operations, Risk, Technology, Compliance, Legal, Supervision and other business leaders to design and execute strategic initiatives that strengthen enterprise fraud risk management. • Represent the firm and Fraud Governance function in senior-level internal and external working groups, industry forums, and cross-functional initiatives, as appropriate. • Promptly escalate critical fraud/financial crime risk, regulatory, control, or reputational matters to appropriate senior leadership and governance forums. • Plans, assigns, monitors, reviews, evaluates, and leads the work of the Fraud Governance team; delegates effectively to ensure deliverable requirements and timelines are met and develops the performance and capabilities of direct report(s). • Lead and support special projects and strategic initiatives. • Other duties as assigned. Knowledge of • Fraud risk governance frameworks, regulatory expectations, and enterprise risk management principles. • Rules and regulations of the USA PATRIOT Act, Bank Secrecy Act, Regulation S-ID, Regulation E, NACHA Rules, and other regulations or industry standards relevant to fraud risk management across Raymond James business units and jurisdictions. • Enterprise risk management practices, including risk assessments, KRIs, KPIs, issue management, governance structures, and risk reporting. • Internal and external fraud typologies, prevention and detection strategies, and response frameworks. • Regulatory change management, regulatory examination, audit, and independent review processes. • Broker-dealer and banking operations, financial services products, transaction channels, and regulatory requirements. • Emerging fraud risks, evolving threat landscapes, and industry governance practices. • Fundamental investment concepts, practices and procedures used in the securities industry; principles of banking and finance; and financial markets and products. Skill in • Enterprise strategy development, program design, and execution. • Governance framework design and administration. • Executive communication, influence, and presentation of complex risk matters to senior management and enterpris