Senior Anti-Money Laundering (AML) First Line of Defense, Big Business Banking

Role Overview

• Execute the First Line AML control framework for designated businesses, including conducting onboarding, periodic reviews, and event-driven reviews of complex and high-risk customers.
• Support the implementation of AML requirements for new products, services, and partnerships, ensuring controls are embedded into product design and technology.
• Draft and review AML relationship summaries and risk assessments used to gate onboarding and ongoing service decisions.
• Ensure customer and transaction monitoring frameworks (including on-chain monitoring, where applicable) align with documented risk profiles and expected activity.
• Apply SoFi’s AML risk appetite in daily processes, identifying prohibited or restricted customer types and escalating exceptions when warranted.
• Formulate and defend risk-based recommendations on customer onboarding, expansion of services, enhanced monitoring, remediation, or exit.
• Proactively identify emerging risks in day-to-day operations and help drive mitigation plans before they become audit, regulatory, or operational issues.
• Assist in First Line responses to internal audits, independent testing, risk assessments, and regulatory examinations.
• Ensure documentation, rationale, and control execution are consistent, defensible, and exam-ready.
• Partner closely with AML Compliance (Second Line) to facilitate reviews of high-risk relationships and material changes.
• Act as an AML resource and risk partner to Product, Engineering, Design, Operations, and Risk to ensure AML controls scale with business growth.
• Assist in translating regulatory expectations into clear technical and operational requirements for monitoring, data capture, and controls.
• Support the execution of AML initiatives and provide data-driven insights to leadership to aid decision-making on tradeoffs between risk, customer experience, and business objectives.
• Contribute to a high-performing AML First Line Big Business Banking team by maintaining high operating standards to support complex, high-risk businesses.
• Support the operation and optimization of key AML technology platforms, including transaction and blockchain monitoring systems.
• Monitor emerging AML, sanctions, and digital asset risk trends, surfacing relevant insights to leadership.
• Contribute to company-wide objectives by assisting in solving ambiguous, complex risk problems in creative and practical ways.

Requirements

• Bachelor’s degree in Business, Finance, Economics, or a related field.
• 6-8 years of experience in AML, financial crime risk management, compliance, risk, strategy, or regulated financial services.
• Demonstrated experience executing AML controls within a regulated financial institution.
• Experience with onboarding complex high risk business clients.
• 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 recommendations in high-growth, evolving environments.
• Highly analytical, detail-oriented, and able to clearly articulate risk narratives to senior leadership.
• Exceptional written and verbal communication skills.

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.