What are the responsibilities and job description for the Head of Financial Economic position at ACCA Careers?
Head of Financial Economic Crimes
The Head of Financial Economic Crime (FEC) leads the first line of defense (1LOD) compliance organization related to customer due diligence onboarding of customers, execution of periodic reviews, and quality assurance, as well as other AML-KYC activities that are completed in DLL US organization/operation. The leader ensures that all processes and procedures are of high quality, efficient, and compliant with local and global regulatory requirements. The head of FEC is responsible for leading members that manage teams of skilled, highly motived staff analysts, while managing the day-to-day workflow quality and execution of activities. This role will lead projects to mature the Onboarding and QA organizations in terms of ongoing process improvements, process automation, and quality and effectiveness of delivered products. This role will also be a main contact for internal and external regulators looking to ensure compliance in the first line anti-money laundering, client onboarding, and monitoring.
Find out more here about how you can unleash your full potential at DLL!
Day to Day
DLL’s wellbeing ambition is to educate, equip, and empower members to build connections, manage their mental, emotional, physical, and financial wellness, and maintain balance between work and the other priorities that make up their lives.
Our Four Wellbeing Categories Are As Follows
Settling In
At DLL, we are many things. We are team members, family members, community member. We are members of society, members of different cultures and nationalities. Members of change. We each have different beliefs, different passions, different viewpoints, talents, and interests. We become from different backgrounds, cultures, nationalities, and histories.
But for all of our differences, we share one thing in common: each of us are members of DLL.
Our company was founded in the Netherlands. But today we are truly a multinational business. Our unique culture is rooted in higher collaboration, less hierarchy, and a honest directness that enable us to integrate, ideate, and innovate across country lines.
Many companies say they are European, American, Asia,n or Australian, at DLL, we are all these places and more.
We are a cross-culture collaborative – an interconnected network – that comes together every single day with one goal in mind: Partnering for a better world.
Good to Know
Desired Primary Work Location: Des Moines, IA / Wayne, PA
Applicable Pay Range
$121,983.20 - $182,974.80
DLL is considering candidates in numerous locations. The pay estimate displayed represents the typical pay range for candidates hired for this position in the desired primary work location. Pay may be adjusted outside the projected range based on geographical differentiation as well as for any other lawful reason. Additional factors that may be used to determine your actual pay include your specific skills, years of relevant experience you possess, and other work-related qualifications. Many candidates may start in the bottom half of the applicable pay range, especially those with less experience or qualification.
This position is subject to the terms of DLL’s compensation plans and policies. Futher, the position includes all other benefits provided to DLL employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses, and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.
DLL is an equal opportunity employer. We are committed to inclusive, barrier-free recruitment and selection processes and work environments. If contacted for an employment opportunity, please advise Human Resources if you require accommodation in accordance with our values and all applicable legislation.
For further information, and to apply, please visit our website via the “Apply” button below.
The Head of Financial Economic Crime (FEC) leads the first line of defense (1LOD) compliance organization related to customer due diligence onboarding of customers, execution of periodic reviews, and quality assurance, as well as other AML-KYC activities that are completed in DLL US organization/operation. The leader ensures that all processes and procedures are of high quality, efficient, and compliant with local and global regulatory requirements. The head of FEC is responsible for leading members that manage teams of skilled, highly motived staff analysts, while managing the day-to-day workflow quality and execution of activities. This role will lead projects to mature the Onboarding and QA organizations in terms of ongoing process improvements, process automation, and quality and effectiveness of delivered products. This role will also be a main contact for internal and external regulators looking to ensure compliance in the first line anti-money laundering, client onboarding, and monitoring.
Find out more here about how you can unleash your full potential at DLL!
Day to Day
- Responsible for teams that perform functions related to CDD/EDD customer Onboarding, Periodic Review, quality assurance, and other KYC-AML activities in the DLL US organization.
- Represent the DLL US first line organization in matters of CDD / KYC / AML in interactions with regulators.
- Oversee processes & develop and maintain procedures which ensure compliance with all 1LOD onboarding and monitoring regulations.
- Continue to mature the Onboarding and QA teams and the overall DLL US organization in this area through training, education, developing action plans, and executing any remediation work deemed necessary by 2nd Line of Defense (2LOD), auditors, and regulators.
- Ensure high performance of teams based upon objectives, metrics, and applicable SLAs to ensure completed work is of excellent quality and in accordance with regulations and DLL’s policies, standards, and procedures. Report results to regional and global committees and other stakeholders.
- Develop strategic direction and ensure effective execution of CDD/EDD onboarding as well as other required and aligned functional activities for AML-KYC execution.
- Ensure timely and quality completion of periodic reviews compliant with regulations and DLL policies/standards. Collaborate with group to ensure global alignment in processes and approach.
- Ensure timely and quality QA processes and products in compliance with regulations and DLL policies/standards. Ensure quality reporting to all relevant committees and stakeholders.
- Identify needs and implement solutions for strategic and automation improvement in the department. Support global initiatives and ensure effective implementation in US operations. Initiate, support, and/or coordinate region wide (Continuous Improvement) projects necessary to continuously improve internal performance & customer experience.
- Maintain close alignment of processes and deliverables with commercial organization, sales support, booking & funding teams, US / Group Compliance, Audit, and other Global AML-KYC stakeholders
- Maintain & improve quality through involvement with internal/external audits and collaboration with other members of management, functional teams, and global partners on quality-related initiatives.
- Prepare budget input for business plan needs, perform annual departmental personnel review, and provide salary recommendations. Responsible for interviewing departmental hiring prospects.
- Two working days per year volunteering for a local charity.
- Health and Wellness program including healthy food, free health checks, fun health & vitality activities.
- Flexible hours with possibility to work from home
- Career development opportunities: online learning, member development programs.
- Check this link to an overview of all benefits in your region.
- Bachelor's Degree in relevant discipline, Master’s preferred.
- At least 10 years of experience in financial industry.
- Detailed knowledge and experience with compliance-related laws, regulations, policies, and procedures applicable to BSA/AML and required job duties.
- Demonstrated leadership and transformation skills in a complex organization
- Strong analytical skills and demonstrated experience in making risk-based decisions within appropriate framework.
- Demonstrated experience implementing continuous process improvements and automation taking customer experience into account.
- Knowledge of various financial and leasing products and services.
- Strong interpersonal and communication skills. Clear, concise, and persuasive writing and presentation skills.
DLL’s wellbeing ambition is to educate, equip, and empower members to build connections, manage their mental, emotional, physical, and financial wellness, and maintain balance between work and the other priorities that make up their lives.
Our Four Wellbeing Categories Are As Follows
- Connection – Build meaningful connections with other DLL members
- Health – Manage mental, emotional, and physical health
- Finance – Provide learning opportunities to help members achieve personal financial health
- Lifestyle – Maintain balance between work and life priorities
Settling In
At DLL, we are many things. We are team members, family members, community member. We are members of society, members of different cultures and nationalities. Members of change. We each have different beliefs, different passions, different viewpoints, talents, and interests. We become from different backgrounds, cultures, nationalities, and histories.
But for all of our differences, we share one thing in common: each of us are members of DLL.
Our company was founded in the Netherlands. But today we are truly a multinational business. Our unique culture is rooted in higher collaboration, less hierarchy, and a honest directness that enable us to integrate, ideate, and innovate across country lines.
Many companies say they are European, American, Asia,n or Australian, at DLL, we are all these places and more.
We are a cross-culture collaborative – an interconnected network – that comes together every single day with one goal in mind: Partnering for a better world.
Good to Know
Desired Primary Work Location: Des Moines, IA / Wayne, PA
Applicable Pay Range
$121,983.20 - $182,974.80
DLL is considering candidates in numerous locations. The pay estimate displayed represents the typical pay range for candidates hired for this position in the desired primary work location. Pay may be adjusted outside the projected range based on geographical differentiation as well as for any other lawful reason. Additional factors that may be used to determine your actual pay include your specific skills, years of relevant experience you possess, and other work-related qualifications. Many candidates may start in the bottom half of the applicable pay range, especially those with less experience or qualification.
This position is subject to the terms of DLL’s compensation plans and policies. Futher, the position includes all other benefits provided to DLL employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses, and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.
- Deadline for application: April 10, 2025 (Due to high volume of applications this requisition may close prior to posted close date)
- The selection process may involve an assessment.
- Applications via email will not be reviewed. Please apply online via our career website: workingatdllgroup.com
- DLL’s referral program applies
- For more information, please contact our Talent acquisition partner Macie Blazek via Macie.Blazek@dllgroup.com
DLL is an equal opportunity employer. We are committed to inclusive, barrier-free recruitment and selection processes and work environments. If contacted for an employment opportunity, please advise Human Resources if you require accommodation in accordance with our values and all applicable legislation.
For further information, and to apply, please visit our website via the “Apply” button below.
Salary : $121,983 - $182,975
