Senior Associate, Financial Crimes Risk

Overview

When you join Sallie Mae, you become a champion for all students.

We’re on a mission to power confidence as students begin their unique journey. To help them plan their higher education, successfully finish, and prepare for life after school. To help them Start smart. Learn big.

Students need guidance navigating this important time in their life. They need someone who acknowledges that their education path is unique. They need a partner willing to evolve and not only meet but surpass their expectations. We’re changing. Because students need a better way.

We’re looking for people who are excited to drive this transformation. To break barriers and think of new ways to adapt, help, and create better experiences for students—and for each other.

This is where diverse backgrounds, beliefs, and perspectives matter. It’s where you’re empowered to bring your authentic self to work.

Feeling your best allows you to do your best. Our benefits take care of the whole you—from physical and mental to financial and professional. You’ll get opportunities to further your education and career, support for you and your family (including your pets!), paid time off to volunteer for the things that matter to you, and more.

We’re obsessed with impact and making a real difference. For us, that means putting relationships first, asking “why not?” when tackling challenges, and continuously learning new skills.

Come do more than join something, change something. For students, for future generations, for the future of education.

The Senior Associate, Financial Crimes Risk will be responsible for assisting in the identification, assessment, and mitigation of financial crimes risks to ensure compliance with regulatory requirements.

• Support the development and implementation of a comprehensive financial crimes risk management framework, policies, and procedures in alignment with regulatory requirements and industry best practices.
• Assist in conducting risk assessments to identify potential financial crimes risks, including customer onboarding, transaction monitoring, and internal processes, and recommend appropriate risk mitigation measures.
• Assist in monitoring and analyzing transactional and customer data to identify patterns or activities that may indicate potential financial crimes risks, and support investigations and actions to address such risks.
• Assist in the development and delivery of training programs and materials on financial crimes risk awareness and prevention for employees at all levels of the organization.
• Prepare reports on financial crimes risk exposure, mitigation efforts, and key findings, and assist in presenting findings to senior management and relevant committees.
• Contribute to the continuous improvement of financial crimes risk management processes, methodologies, and tools, and actively participate in team initiatives and projects.

The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.

Minimum:
Indicate minimum education, skills and experience required.

• Solid understanding of financial crimes risk management principles, regulatory requirements and industry best practices.
• Familiarity with transaction monitoring systems and other relevant risk management tools and technologies.
• Strong analytical skills with the ability to assess financial crimes risks, detect patterns, and contribute to risk mitigation strategies.
• Proactive and self-motivated, with the ability to work independently and manage multiple tasks and deadlines.
• Knowledge of investigative techniques and experience in conducting financial crimes-related investigations is desirable.

Preferred:
Indicate “nice to haves” regarding education, skills, and experience.

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• 3 years of experience in financial crimes risk management, preferably within the banking, financial services, or related…