Financial Crime Risk Management (FCRM) Compliance Manager

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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