VP Compliance Management GM Financial Bank – AML/CFT
Why GM Financial Bank?
GM Financial Bank is a newly formed bank. Team members joining now will play a pivotal role in shaping the bank, which will offer auto finance and deposit products. Joining GM Financial Bank means an opportunity to help build a customer-focused bank from the ground up.
The VP Compliance Management - AML/CFT is responsible for the Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) Program that adheres to applicable Banking laws and regulations. Manages the Bank’s Sanctions and Watch List process. Results of the Program are reported to senior management and the Board of Directors along with recommendations for improvement. Works with business functions to identify AML/CFT risks and controls.
This position will be posted until filled
About the role:
This role leads the development, implementation, and governance of the Bank’s Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and sanctions compliance programs to identify, monitor, and mitigate financial crime risks. The position provides strategic oversight of transaction monitoring, regulatory reporting, audits, and compliance initiatives while ensuring adherence to global regulatory requirements and industry best practices.
In this role you will:
- Developing, implementing, administering, and maintaining all aspects of the AML/CFT Program.
- Establish an effective global sanctions monitoring program including OFAC and other relevant jurisdictions.
- Responsible for governance for both the AML/CFT Program and Sanctions and Watch List process.
- Develop and administer the AML transaction monitoring systems to ensure appropriate parameters are in place to identify suspicious transactions and activity.
- Provide strategic direction regarding AML/CFT trends, patterns, and external factors impacting the Bank’s money laundering risk.
- Files Suspicious Activity Reports and responds to FinCEN 314(a) requests.
- Recommend enhancements to AML/CFT Program and Sanctions and Watch List process.
- Maintain oversight on the implementation and validation of mitigation plans.
- Oversee the responses to any audit plan and provide updates to the SVP, Chief Compliance Officer.
- Assist SVP in completion of examination materials requested by regulatory examiners within communicated
What makes You an ideal candidate:
- Advanced knowledge of AML/CFT and sanctions compliance rules and regulations in the banking industry
- Strong analytical, organizational skills with operational and risk awareness mindset, and attention to detail.
- Knowledge of FinCEN BSA E-Filing System
- Knowledge of AML/CFT risks and controls
- Experience in AML/CFT Transaction Monitoring and the development and compilation of policies and procedures
- Working knowledge in analysis and presentation of data
- Experience working collaboratively across various areas of the organization and presenting to senior management
- Ability to effectively lead, organize, and collaborate with Bank staff
- Ability to exercise judgment and determination when to escalate issues as necessary
- Ability to offer knowledgeable advice to senior management
- Analytical skills
- Deadline and detailed oriented
- Excellent communication, written and verbal skills
- Good Business Acumen
- Knowledge of computer skills, Microsoft Office and related software
- Leadership skills
- Professional skepticism
- Self motivated
Additional Knowledge and Skills
Working effectively within an AI enabled environment:
- Ability to use AI tools (e.g., Microsoft Copilot) to support daily work
- Skills in evaluating AI outputs for accuracy, compliance, and bias
- Experience integrating AI into workflows to improve efficiency or insights
- Familiarity with AI assisted research, summarization, and content generation
- Understanding of responsible AI use, including ethics and data protection
Education & Work Experience:
- Bachelors Degree - Required
- 10+ years relevant experience required
- 5+ years management experience preferred
What We Offer: Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay and nine company holidays.
Our Culture: Our team members define and shape our culture — an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work — we thrive.
Compensation: Competitive pay and bonus eligibility.
Work Life Balance: Flexible hybrid work environment, 3-days a week in office.
NOTE: We are unable to consider candidates who require visa sponsorship for this position
This position is not open to agency submissions
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