Financial Crimes Manager

• Compensation: USD 150000 - USD 170000 - yearly

M1 Finance has created a personal wealth-building platform made for the modern era, uniting personal perspective and automated ease. We seamlessly combine free investing and low cost borrowing all in one intuitive, automated Finance Super App, and we’re driven by a mission to empower personal financial well-being. We believe that financial well-being is fundamental to overall well-being, and we strive to deliver products that are simpler, smarter, and stronger than those created by our boring, entrenched, and slow-moving competitors in the personal finance industry.

Our clients have already trusted us with over $13 billion of assets, we’re currently helping hundreds of thousands of people grow and manage their wealth with our industry-leading automation and tools.

We’re looking for passionate people who want to improve and build on what we’ve created and take responsibility to help others build something meaningful and sustainable for their futures.

We mean it when we say, “M1 is yours to build.”

If this sounds interesting to you, read on!

We are seeking a Financial Crimes Manager to lead our Fraud and Anti-Money Laundering (AML) function across our self-directed retail broker dealer and SEC-registered investment advisor. This is a hands‑on leadership role sitting within the Legal and Compliance function, reporting directly to the Chief Compliance Officer. You will own the end-to-end financial crimes lifecycle, manage a team of Fraud and AML professionals, and serve as the senior escalation point for the firm's most complex investigations.

This is a hands‑on leadership role at a growing financial institution where you will shape how technology, data, and advanced analytics are used to detect and prevent financial crime at scale.

What You’ll Do

• AML Program leadership: Lead the day-to-day execution and continuous enhancement of the firm's AML Program under the direction of the AML Compliance Officer, ensuring compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, and FINRA, SEC, FinCEN, and OFAC requirements.
• Own the end-to-end Fin Crimes lifecycle: Oversee the team's execution across all critical decision points in the financial crimes lifecycle, from new user onboarding through offboarding and funds recovery.
• Customer due diligence: Manage a comprehensive Customer Identification Program (CIP), Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) framework, including oversight of customer risk rating methodologies and ongoing monitoring activities.
• Investigations: Provide senior-level oversight and strategic guidance for complex investigations involving unusual activity, suspicious activity reporting (SAR), and regulatory reporting obligations.
• Surveillance: Improve surveillance effectiveness through ongoing alert calibration, scenario development, data analytics, and automation.
• AI and analytics: Identify opportunities to leverage artificial intelligence and advanced analytics to strengthen surveillance, investigations, and monitoring.
• Oversight framework: Support the development and maintenance of the compliance Fin Crime oversight framework, specifically for AML and Fraud investigations and controls.
• Cross-functional partnership: Partner with Product, Engineering, Operations, Legal, and Risk teams to design scalable financial crime controls for new products and features.
• Horizon scanning: Monitor new financial crime regulatory developments and maintain oversight of the implementation of those developments that impact business activities.
• Team leadership: Lead, mentor, and develop Fraud and AML personnel while fostering a culture of accountability, collaboration, and…