Financial Crime Risk Management (FCRM) Compliance Manager
This role is eligible for our hybrid work model: 2 days in-office
This role is slated to start in January, 2025
Why this job's a big deal:
Our People & Culture and Legal teams make sure we provide a highly ethical working environment where everyone at Priceline can bring their whole selves to work and deliver their very best each day. We want you to thrive - to feel safe, supported, valued, and growing to your highest potential!
This hands-on professional will be a key player in managing Priceline's FCRM Program. Will serve as the point of contact for Sanctions, Export Controls and Anti-Money Laundering policies, requirements and strategic initiatives throughout Priceline. This is a role that will help ensure the company maintains a strong internal control environment related to FCRM.
In this role you will get to:
Implement the the parent company BHI's Sanctions, Export Controls and Anti-Money Laundering (AML) Policies requirements and minimum standards (including but not limited to):
Design and implement jurisdiction-specific controls relating to access requirements (e.g., IP blocking) for sanctioned/restricted territories across all of Priceline's business verticals (accommodations, flights etc.).
Implement export controls processes to restrict unauthorized access to U.S. controlled technology (software and hardware).
Collaborate with BHI's FCRM Operations to perform gap analysis to identify areas requiring enhancement in relation to counterparty Know Your Customer/Partner requirements.
Implement and embed BHI's FCRM minimum standards into Priceline's business operations.
Make decisions on suspensions/offboardings/onboardings following escalations from the BHI FCRM Operations team.
Collaborate with the BHI FCRM team to support completion of Priceline FCRM Risk Assessments.
Support the BHI FCRM team in developing an action plan to implement new controls to mitigate sanctions risk exposure identified in FCRM Risk Assessments.
Maintain a central repository of all FCRM documentation (including policies and procedures) and socialize these documents as required.
Support immediate FCRM-related remediation activities where the need has been identified.
Identify and build relationships with key stakeholders across Priceline to embed FCRM (including but not limited to):
Acting as a single point of contact for all Priceline FCRM requests and escalations (including from Operations, Internal Audit and BHI)
Assessing the current-state of Priceline's FCRM controls and defining a roadmap to remediate any gaps (including short-term manual fixes where required).
Answering data requests from BHI and sister brands relating to who Priceline does business with, where Priceline does business and transactional history.
Provide reporting for Priceline's FCRM to BHI.
Provide FCRM training to the Priceline business and other internal stakeholders as required.
Advise the business and key stakeholders on various sanctions and FCRM regulations governing the business.
Maintain an extensive understanding of Priceline's business model, products and local market requirements including:
Translating FCRM requirements and objectives into business requirements for each business vertical/product and project managing the operationalization of these requirements centrally in Priceline.
Proactively identifying existing and emerging FCRM risks and managing them in Priceline's different business verticals.
Representing Priceline's specific requirements at the BHI level when requirements are being discussed and designed (including the BHI FCRM Committee).
Maintaining a knowledge base of the specific FCRM regulatory requirements and rules affecting Priceline through ongoing local market horizon scanning.
Who you are:
Bachelor's degree
ACAMS Certification or equivalent is preferred.
Has at least 5 years experience in a FCRM related function.
Good understanding of AML/KYC, transaction monitoring, sanctions screening practices.
Good knowledge of U.S. Sanctions (OFAC), export controls (BIS/EAR) and anti-corruption (FCPA) regulations.
Experience in writing policies, procedure documents, creating process flows, and risks assessments.
Solid understanding of financial services or financial crime risks and controls and ability to identify, assess and balance risk effectively.
Must possess excellent matrix / stakeholder management skills.
Must possess excellent communication skills.
Willingness to learn and adapt to competing priorities; desire to operate in a dynamic and high-growth environment.
Creative problem solver who possesses sound business judgment.
Entrepreneurial mind-set.
Proficient with Google Suite and Microsoft Office.
There are a variety of factors that go into determining a salary range, including but not limited to external market benchmark data, geographic location, and years of experience sought/required. In addition to a competitive base salary, certain roles may be eligible for an annual bonus and/or equity grant.
The salary range for this position is $90,000-$110,000.
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Priceline
$90,000-$110,000.
Nov 05, 2024