Vice President Financial Crimes

Numisma Bank is a newly launched U.S.-headquartered financial institution founded by former executives from Goldman Sachs, Bank of America, White & Case, and Morgan Stanley. The firm specializes in global currency trading with physical delivery and serves regional and global financial institutions, central banks, and select non-bank financial entities.

As a compliance-forward organization, Numisma Bank is focused on building a scalable, globally regulated financial institution grounded in innovation, operational excellence, and strong risk governance.

Position Summary

The VP Financial Crimes, will lead the bank's client onboarding, due diligence, and lifecycle risk management programs. This executive will be responsible for ensuring institutional clients are onboarded efficiently while maintaining adherence to regulatory requirements and internal risk standards.

This role requires a strategic leader who can successfully balance commercial objectives with risk management responsibilities, partnering closely with Sales, Customer Success, Compliance, and Operations teams to enable business growth while maintaining a robust control environment.

Key Responsibilities

• Lead client onboarding and lifecycle risk management activities.
• Oversee Customer Identification Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), periodic reviews, and on-site visits.
• Ensure onboarding processes meet regulatory and internal requirements.
• Manage client risk assessments and ongoing monitoring activities.

Financial Crimes & Due Diligence Operations

• Own operational execution of:
• Sanctions screening
• OFAC reviews
• Politically Exposed Person (PEP) screening
• Adverse media reviews
• Ensure accurate and timely escalation of high-risk client matters.

Client Risk Decisioning

• Oversee client risk ratings and approval processes.
• Lead escalation and review committees for higher-risk customers.
• Provide guidance on complex client structures, correspondent banking relationships, and international entities.

Business Partnership & Growth Enablement

• Partner closely with Sales and Customer Success teams to improve client onboarding efficiency.
• Balance strong risk governance with business objectives.
• Help reduce onboarding delays and accelerate revenue realization.
• Serve as a trusted advisor to business leaders regarding client risk matters.

Compliance & Governance

• Partner with the Head of Financial Crimes Compliance to ensure alignment between policy requirements and operational execution.
• Support regulatory compliance obligations across onboarding and ongoing monitoring functions.
• Assist with regulatory examinations, audits, and inquiries.

Process Improvement & Technology

• Enhance onboarding workflows, operational controls, and client risk management processes.
• Drive automation, scalability, and transparency through technology solutions.
• Support implementation and optimization of onboarding systems, case management platforms, and risk tools.

Contribute to the organization's broader risk management efforts, including:

• Anti-Bribery & Corruption (ABC)
• Third-Party Risk
• Operational Risk
• Settlement Risk

Leadership & Talent Development

• Lead, mentor, and develop a high-performing global team.
• Foster a culture of risk awareness, accountability, and collaboration.
• Provide training and guidance to business and operational stakeholders.

Required Qualifications

• Bachelor's Degree required.
• 12-15+ years of experience in:
• Client Onboarding
• Strong expertise in:
• KYC
• CIP
• CDD
• EDD
• AML
• OFAC/Sanctions
• PEP Screening
• Adverse Media Reviews
• Transaction Monitoring
• Experience managing high-risk clients and complex ownership structures.
• Prior leadership experience managing teams and operational functions.
• Proven ability to partner effectively with sales and business stakeholders.
• Experience supporting audits, examinations, and regulatory inquiries.
• Strong project management and process improvement skills.
• Excellent written and verbal communication skills.

Preferred Qualifications

• ACAMS Certification strongly preferred.
• Juris Doctor (JD) or legal background.
• Experience implementing onboarding platforms, workflow tools, or case management systems.
• Startup, fintech, or high-growth banking environment experience.
• International banking and cross-border onboarding expertise.