VP - Financial Crimes

Numisma Bank is a new Greenwich Connecticut-based technology-forward bank focused on global currency trading with physical deliveries. As an internationally focused organization, Numisma Bank’s customers include foreign and global banks, central banks and a select group of non-bank financial institutions. Numisma Bank’s leadership team is comprised of former senior executives with Goldman Sachs, White & Case, Morgan Stanley, and Dimensional Fund Advisors.

This newly formed, fully funded bank offers an extremely attractive opportunity to be engaged in the early stages of a high growth global unicorn that is backed and led by preeminent industry leaders.

POSITION OVERVIEW

Numisma Bank is seeking a highly motivated, financially oriented professional to serve as an Vice President of Financial Crimes in a dynamic role in the risk and compliance team. This Greenwich-based position will involve working with the bank’s global sales teams, and will provide exposure to and understanding of the bank’s unique business model. You will develop strong functional skills in financial crimes and be part of a dynamic, fast growing financial services company and the exciting world of international currency trading. You will have the chance to become a key player in executing our business strategy.

Position summary

We are seeking a detail-oriented and experienced financial crimes expert to support the bank’s compliance and risk programs, including but not limited to those related to AML, Sanctions, and Anti Bribery and Corruption (ABC).

Key responsibilities

• Oversee the implementation of best-in-class financial crimes and compliance programs, including AML, Sanctions, Anti Bribery and Corruption (ABC), and Conflict Resolution as part of the bank’s Risk and Compliance function.
• Ensure adherence to regulatory requirements, such as BSA/OFAC, and assist in updating compliance policies and procedures.
• Oversee the bank’s programs for effective Client and Third-Party Risk Management, including Customer Identification Programs (CIP), Customer Due Diligence (CDD), vendor risk assessments, Transaction Monitoring, and Sanctions/PEP/Adverse Media screening.
• Support the bank’s Operational Risk Management program, including Risk and Control Self-Assessment (RCSA), monitoring and reviewing controls, and managing Fraud Risk.
• Deploy, test, support and finetune the technology platforms and oversight mechanisms for the the programs and related controls
• Provide support in regulatory inquiries, board presentations, and ensure the robust global delivery of the second line of defense control function.
• Support the bank’s governance mechanisms by enabling the administration of various committees, their charters and meetings.
• Promote a risk-centric culture through training and educational initiatives
• Collaborate with executive management to execute the bank’s global business model.

Qualifications

• Experience with global jurisdictions, related regulatory frameworks, and related entity types.
• Bachelor’s degree with 5-12 years of relevant compliance experience, preferably within a banking environment.
• Prior experience in Financial Crimes is a strong advantage
• Proven experience in vetting and performing KYC (Know Your Customer) for Foreign Financial Institutions.
• ACAMS certification (Certified Anti-Money Laundering Specialist) preferred.
• Ability to thrive in a fast-paced, startup environment with flexibility and adaptability.
• Strong project management skills and the ability to multitask under pressure and meet tight deadlines.
• Strong orientation to ethical values and a compliance culture
• Strong oral and written communication and interpersonal skills

PERSONAL CHARACTERISTICS

• Dynamic and strategic; a problem solver who possesses excellent critical thinking, planning, and organizational skills.
• 'Do-er’; prioritizes execution and getting things done.
• Strong analytical and critical reasoning skills; has the ability to research and analyze data to support business decisions.
• Superior verbal and written communication skills: an active listener with the ability to communicate complex information in simple terms to senior professionals, clients, and key stakeholders.
• Strong Microsoft Office skills.
• Strong business acumen: one who is naturally curious and engaged about the entire operations of the bank.
• Attention to detail and ability to handle multiple tasks within a deadline-oriented and fast paced environment.
• Sensible and reliable with a demeanor that embraces collaboration; one who is willing to state opinions in a transparent, non-confrontational, but respectful manner, combined with the courage of their own convictions.
• Embrace a culture of continuous growth and development.
• Genuine in character along with solid interpersonal skills combined with passion, commitment, creativity, intellectual honesty, and humility (i.e., doesn’t purport to possess all the answers, but competent and willing to find the answers).
• Long-term relationship builder (“good EQ”) along with the personality and approachability to develop and maintain rapport with internal team and external parties.

GEOGRAPHICAL LOCATION

Numisma Bank is headquartered in Greenwich, Connecticut. The team currently works in the office three days a week.

COMPENSATION

Competitive base salary, performance-based incentive compensation and an equity participation program. In addition to compensation, Numisma Bank also offers health, dental, and vision benefits to its employees.

NON-DISCRIMINATION

Numisma Bank firmly supports the principle and philosophy of equal opportunity for all individuals, regardless of age, race, gender, creed, national origin, disability, veteran status or any other protected category pursuant to applicable federal, state or local law.