Chief Financial Crimes Officer

Job Description: Chief Financial Crimes Officer (CFCO) Industry: Banking, Financial Services, Insurance, Investment Job Type: Full-Time Reporting To: Chief Risk Officer (CRO) / Chief Compliance Officer (CCO) / Board Risk & Compliance Committee Job Summary The Chief Financial Crimes Officer (CFCO) is responsible for leading the organization's enterprise-wide financial crime prevention framework, including Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), fraud prevention, sanctions compliance, and anti-bribery & corruption programs. This role ensures the organization is protected from financial crime risks while maintaining full compliance with regulatory requirements and international standards. The CFCO plays a critical role in safeguarding the organization's integrity, reputation, and operational resilience. Key Responsibilities 1. Financial Crime Strategy & Governance Develop and implement a comprehensive financial crime risk management strategy Establish governance frameworks covering AML, fraud, sanctions, and anti-corruption Align financial crime programs with enterprise risk and compliance strategies Promote a strong financial crime compliance culture 2. AML/CFT & Sanctions Compliance Oversee AML/CFT programs, including KYC, CDD, EDD, and transaction monitoring Ensure compliance with international standards (e.g., FATF) and local regulations Manage sanctions screening and compliance frameworks Ensure timely reporting of suspicious activities (STR/SAR) 3. Fraud Risk Management Oversee fraud prevention, detection, and investigation frameworks Implement controls to minimize internal and external fraud risks Leverage advanced analytics and monitoring tools Coordinate fraud response and recovery efforts 4. Financial Crime Detection & Investigations Lead investigations into suspicious transactions and financial crime activities Ensure proper escalation and reporting to regulators and authorities Collaborate with law enforcement and financial intellige