Own the First Line AML control framework for designated businesses, including onboarding, periodic reviews, and event-driven reviews of complex and high-risk customers.
Define and own AML requirements for new products, services, and partnerships, ensuring controls are embedded into product design and technology from inception.
Serve as the primary author and approver of AML relationship summaries and risk assessments used to gate onboarding and ongoing service decisions.
Ensure customer and transaction monitoring frameworks align to documented risk profiles and expected activity.
Apply SoFi’s AML risk appetite in practice, including identifying prohibited or restricted customer types and escalating exceptions when warranted.
Make and defend risk-based decisions on customer onboarding, expansion of services, enhanced monitoring, remediation, or exit.
Proactively identify emerging risks and drive mitigation plans before they become audit, regulatory, or operational issues.
Lead First Line responses to internal audits, independent testing, risk assessments, and regulatory examinations, including ownership of issue remediation.
Ensure documentation, rationale, and control execution are consistent, defensible, and exam-ready.
Partner closely with AML Compliance (Second Line) to obtain concurrence on high-risk relationships and material changes.
Act as the AML subject matter expert and risk partner to Product, Engineering, Design, Operations, and Risk, ensuring AML controls scale with business growth.
Translate regulatory expectations into clear technical and operational requirements for monitoring, data capture, and controls.
Drive prioritization of AML initiatives and support leadership decision-making on tradeoffs between risk, customer experience, and business objectives.
Build and scale a high-performing AML First Line team Big Business Banking team, defining roles and operating standards to support complex, high-risk businesses and regulatory expectations.
Own key AML risk management technology relationships supporting First Line processes, including transaction and blockchain monitoring tools.
Stay ahead of emerging AML, sanctions, and digital asset risk trends, advising leadership on strategic implications.
Contribute to company-wide objectives by solving ambiguous, complex risk problems in creative and practical ways.
Requirements
Bachelor’s degree in Business, Finance, Economics, or a related field.
8+ years of experience in AML, financial crime risk management, compliance, risk, strategy, or regulated financial services.
Demonstrated experience owning and implementing AML controls within a regulated financial institution.
Strong understanding of BSA/AML regulatory expectations, including OCC exam standards.
Experience working with technical and product teams to implement risk and compliance requirements.
Comfort making independent, defensible risk decisions in high-growth, evolving environments.
Highly analytical, detail-oriented, and able to clearly articulate risk narratives to senior leadership and regulators.
Exceptional written and verbal communication skills, including the ability to influence without direct authority.
Benefits
This role is also eligible for a bonus, long term incentives and competitive benefits. More information about our employee benefits can be found in the link above.