Head of Financial Intelligence Unit, Novi – Meta

About the job

Facebook’s mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we’re building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we’re creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities – we’re just getting started.

Our team is looking for the Head of Novi’s Financial Intelligence Unit (“FIU”). In this leadership role, you will be responsible for maintaining Novi’s financial intelligence gathering, analysis, monitoring, oversight, and response program. The program includes all financial crimes related to money laundering, terrorist financing and sanctions evasion. You will be responsible for developing and leading a highly effective program that demonstrates compliance with all applicable laws and regulations as well as a team of experts focused on strategic intelligence analysis, blockchain analytics, complex investigations and data analytics oversight. You will lead engagements with law enforcement and regulatory agencies, in support of the Global Head of AML. The right candidate will demonstrate excellent regulatory, process and systems design, communication, time management, data analytics, presentation and change agility abilities.

Responsibilities

• Work closely with the Compliance, Product, Legal, and other cross-functional teams to develop products and features with sufficient risk-based controls, including monitoring scenarios
• Lead the design and implementation of the entire FIU framework and system for our business
• Serve as a main point of contact for Compliance with Product, Engineering, Cybersecurity, Legal and other key stakeholders and partners with respect to technology, analytics and reporting projects and other initiatives impacting the FIU
• Monitor AML payments and blockchain industry developments, including red flags and best practices and maintain advanced knowledge of new and amended laws and regulations impacting the FIU, and ensure processes are in place to keep the FIU team updated on such developments
• Create a program for the querying and mining of large data sets to discover transaction patterns, examine financial data and filter for targeted information using traditional as well as predictive/advanced analytic methodologies
• Develop, maintain and review the FIU’s policies, procedures and processes to ensure compliance with applicable internal, legal and regulatory standards
• Maintain effective oversight of first line of defense teams, including compliance operations, engineering and data analytics teams
• Be responsible for coordinating with AML coverage managers on the escalation and reporting of suspicious transactions pursuant to regulatory obligations
• Conduct internal and external investigations of money laundering and other financial crimes both alone and in collaboration with other internal stakeholders and outside counsel

Minimum Qualification

• Bachelor’s Degree
• 12+ years of experience within law enforcement or government agency with expertise in financial crimes or other related industries
• Experience managing a team
• Experience in AML & sanctions regulatory environment as well as experience with federal and global regulators

Preferred Qualification

• Certified Anti-Money Laundering Specialist (CAMS) certification
• Experience in a mix of government/regulatory, and financial services/technology industries
• Knowledge of red flag indicators and typologies used in online, mobile and blockchain-based environments
• Experience working hands-on with other cross-functional team leaders, such as lawyers, engineers, product managers, data analysts, operations analysts in improving compliance processes and systems
• Experience with blockchain/virtual currency, emerging financial technology, and other financial services environments

Facebook is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Facebook is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@fb.com.