Remote

Director Anti-Money Laundering & FEVA Compliance

Empower Retirement
$123,000.00 - $178,350.00
life insurance, parental leave, paid time off, tuition reimbursement, 401(k)
United States
Feb 28, 2025
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. As the Director AML & FEVA Compliance, you will assist with the Company's compliance with all regulatory requirements and guidelines relating to the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), USA PATRIOT Act, other AML (anti-money laundering) program requirements and FEVA (Financial Exploitation of Vulnerable Adults) matters. This management position is responsible for assisting in the development and management of the enterprise-wide program for detecting, reporting, and preventing money laundering and financial crimes. What you will do: FEVA: Financial Exploitation of Vulnerable Adults Oversee all work related to FEVA matters, including managing a team of 5 people On behalf of Empower, interact with clients, adult protective services, FINRA, and law enforcement to resolve adult exploitation matters involving Empower clients and assets Manage and develop compliance associates, including (but not limited to) developing analytical skills necessary for appropriate identification of financial exploitation; compliance with FINRA rules, state statutes, and the Senior Safe Act, and reporting to state agencies; reviewing work product and coaching performance Provide direct guidance, support and oversight to FEVA compliance review team associates on FEVA case review, reporting and follow-up; consulting the legal department and cross-functional leadership in determining on the appropriate course of action for resolving FEVA cases Develop "Protection of Vulnerable Adults from Financial Exploitation" annual training course and oversee annual review and update of same by compliance associates to ensure compliance with regulatory requirements; identifies targeted audience to ensure training of appropriate associates, as required by federal regulations to maintain safe harbor AML: Anti-Money Laundering Assist with the development and maintenance of policies and procedures that govern the company's AML program Review SARs created by staff and, for more complex matters, use the BSA information system to compose customized required SAR filings that describe the reportable event in a complete and compliant manner Manage interactions with the company's investigation areas to ensure timely evaluation of potential suspicious activity, including the development and monitoring of service level agreements for processing of items Oversee the creation of an investigative file management protocol, implement protocol throughout company and oversee the company's adherence to this protocol Assist AML Officer with the design and ongoing implementation of a case management tool to track cases from initial reporting, through investigative stage to possible SAR filing within required timeframes and ensure complete documentation of decisions What you will bring: 7+ years relevant AML/Fraud experience demonstrating an understanding of complex AML/Sanctions regulatory requirements Certified Anti-Money Laundering Specialist (CAMS) designation preferred. If CAMS designation is not currently held, it must be obtained within one year Strong project management skills and perseverant in completing complex projects timely with high quality Excellent verbal and written communication skills Strong leadership/negotiation skills and able to lead diverse groups to achieve common goals Bachelor's degree in a relevant field (or four years of directly related work experience in lieu of a degree) What will set you apart: Highly energetic, take ownership of personal professional development, and self-driven toward career goals Multi-dimensional and adaptable team player; able to tackle a diversity of duties while performing non-specialist or silo-style roles and solidly demonstrating initiative Self-starter and problem-solver with the ability to deliver results with minimal hands-on guidance Possess a robust level of strategic/critical thinking and willingness to identify issues, recommend, drive and implement solutions on a broad array of matters Location: We are open to candidates anywhere in the United States with a preference for a candidate based in the Greenwood Village, CO area. *Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.* What we offer you We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance. Medical, dental, vision and life insurance Retirement savings - 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup Tuition reimbursement up to $5,250/year Business-casual environment that includes the option to wear jeans Generous paid time off upon hire - including a paid time off program plus ten paid company holidays and three floating holidays each calendar year Paid volunteer time - 16 hours per calendar year Leave of absence programs - including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA) Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities. Base Salary Range $123,000.00 - $178,350.00 The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Equal opportunity employer * Drug-free workplace We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. *For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.* Job Posting End Date at 12:01 am on: 03-15-2025 Want the latest money news and views shaping how we live, work and play? 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