AML & Sanctions Officer, Digital Assets

The Team

Reporting to the Head of the Financial Crimes Compliance Program Office/Deputy Chief AML Officer and as a member of the Financial Crimes Program Office, the FDAS AML and Sanctions Officer will be responsible for:

• Establishing and maintaining AML and sanctions programs reasonably designed to achieve compliance with applicable anti-money laundering requirements, including the Bank Secrecy Act, as amended, and related regulations, U.S.

  sanctions administered by the U.S.

  Department of the Treasury’s Office of Foreign Assets Control (OFAC) and regulations and guidance specific to digital assets.

• Overseeing AML and sanctions programs globally for digital asset entities.
• Providing subject matter expertise, requirements, policy decisions and guidance on AML and sanctions applicable to digital assets to business partners and other relevant stakeholders.
• Reviewing new business strategy, products, services, technologies, relationships and providing advice on the relevant risk and triggering of requirements relevant to AML and sanctions.
• Performing risk assessments to identify potential issues, evaluate the need for control enhancements, and prioritization of program activities.
• Reviewing, revising, and approving AML and sanctions compliance policies and procedures, training, and forms, as required.
• Presenting before relevant boards and senior management on AML and sanctions risk assessments, audits, training, and other AML and sanctions-related updates.
• Representing Fidelity while engaging with regulators, industry groups, and peer firms.
• Liaising with critical stakeholders including Senior Business Leaders, Compliance, Risk, Global Security, Technology, Legal, and Internal Auditors.

The Expertise You Have

• Deep relevant experience in the financial services industry, including familiarity in AML and sanctions implementation.
• Knowledge of digital assets/virtual currencies is strongly preferred.
• 10+ years of AML experience or comparable experience at a law firm, regulatory agency, financial institution, major consulting firm or law enforcement.
• Bachelor’s degree required and advanced degree a plus.
• Experience working with regulators such as FinCEN, the SEC, FINRA, NY DFS and state regulators.
• Demonstrated ability to work and flourish in a fast-paced, dynamic environment.

The Skills You Bring  

• Proven leader with executive level presence, communication, and organizational skills to effectively influence key decision makers while engaging business partners on prudent courses of action.
• High-energy, positive, leader with demonstrated ability to build effective working relationships and prioritize in a fast-paced environment.
• Ability to collaborate through a proactive/constructive dialogue with business partners across compliance, risk, audit, clients, and regulators.
• Ability to drive multiple, competing, complex initiatives to successful completion simultaneously.
• Ability to develop relationships with regulators and peers in industry groups.
• Proven analytical skills, including ability to interpret regulatory requirements subtly, carefully, creatively, and prudently.
• Impactful communicator who is direct, plain spoken, and “tells it like it is” with a genuine/authentic demeanor, while enabling candid debate.

  Knows when and how to raise problems.

• Unassailable integrity with strength of character to express opinions and challenge the status quo.