Manager, Financial Crime Compliance

Company Intro

Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands - Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world. 

Job Summary

Booking Holdings Financial Services US, is looking for a Financial Crimes Compliance Manager with strong experience from the payments industry to act as a critical partner to our business, helping develop, launch, and enable our mission to deliver a world-class payments operation to support Booking Holdings Inc’s brands globally.

The selected candidate will have the chance to witness first hand the investment in digital technology that helps take the friction out of travel. 

The Senior Financial Crimes Compliance Manager will assist in ensuring the business complies with laws, regulatory requirements, policies and procedures across US business. You’ll report directly to the Chief Compliance Officer. 

Harnessing the strategic vision of the company this role will be responsible for establishing standards and implementing procedures to ensure that the financial crimes compliance programs throughout the organization are effective and efficient in identifying, preventing, detecting and correcting noncompliance with applicable laws and regulations and producing useful management information to support the business as it continues to scale. Given the collaborative nature of the business you will be consistently business partnering with the product, operations, engineering and marketing teams to ensure you understand the intricacies of operations.  

You will support directly a dynamic organization of executives, legal experts, risk managers, product managers, finance and treasury professionals, software and hardware engineers, designers, deal makers, and operations specialists who are responsible for bringing products to life across Booking Holdings Inc’s global portfolio of brands, and making an impact on millions of travelers per day.

This opportunity represents an exceptional chance to embed yourself with one of the world’s most exciting organizations and help define the future for accessing travel experiences across the world.

This role is based in Dallas, Texas. The salary for this role is: $135,000 – $150,000 – $165,000.

Key Responsibilities

The Financial Crimes Compliance Manager will be part of the Compliance team and be instrumental in ensuring the organization meets its strategic objectives under the umbrella of the Booking Holdings Inc family of Brands, with a particular focus on the US. 

You will provide assurance to CCO that there are effective and efficient policies and procedures in place, well understood and respected by all employees, and that the company is complying with all regulatory requirements. 

 The  Financial Crimes Compliance Manager will:

• Act as the BSA/AML Officer Delegate in meetings, upon request

• Management of the Financial Crimes Compliance monitoring program

• Product Owner for FCRM tool

• Deputy to the BSA/AML Officer in managing the suspicious activity reporting process

• Oversee and manage the BHFS US Financial Intelligence Unit (FIU)

• Ensure work policies and procedures comply with regulatory requirements 

• Monitor the adequacy and effectiveness of financial crimes compliance program and tools (including KYC, CIP, Sanctions, PEP, etc) 

• Monitor, assess and conduct testing on Financial Crimes related activity performed by Compliance Operations

• Assist in the development of the annual financial crimes compliance work plan and update this periodically.

• Coordinate internal compliance review and monitoring activities, including periodic reviews of departments.

• Assist in preparation of clear and concise Financial Crimes Compliance reports for reporting to the Board and Committee’s (if applicable)

• Engage and communicate effectively with colleagues, customers, suppliers,  and other internal and external stakeholders 

• Provide guidance, advice, and/or training and educational programs, to improve business' understanding of related laws and regulatory requirements.

• Assist in audits, reviews, and examinations.

• Oversee and manage financial crimes regulatory reporting submissions ensuring that all deadlines are met as required and liaise and follow-up with the business on the firms regulatory reporting obligations where necessary

• Maintain oversight and sign off on behalf of compliance on product material as well as client communications.

• Act as subject matter expert on financial crimes compliance related matters with the business 

• Lead the design and provide training to the business on Financial Crimes Compliance related topics as part of the annual training program.

• Lead the design and provide subject matter expertise on all regulatory requirements for NY DFS 504. 

• Oversee and manage NY DFS 504 monthly model validation assurance, documentation and reporting. 

• Demonstrate ethical leadership and business integrity 

• Actively contribute to embedding and promoting a compliance culture within the firm.

Knowledge and Skills

• Strong knowledge of US financial services regulatory frameworks

• Knowledge of US Federal Anti-Money Laundering Requirements

• Knowledge of US Money Transmission AML/FCRM requirements including but not limited to NY DFS

• Knowledge of the FinCen MSB requirements

• Enhance compliance culture within the organization. Provide the relevant training and regular updates to heighten staff’s compliance awareness.

• The ability to prioritize activities and delegate to others both within the business and external partners

• Ideally have experience of managing the conduct risk and compliance requirements of internal and external channels

• Experience in implementing compliance frameworks at dynamic, scaling and innovative companies with a global reach  

• Strong knowledge of E2E FCRM Processes, experience with FCRM systems for CDD, Screening and Transaction Monitoring required.

• ACAMS required

EEO Statement:

Booking Holdings is an equal opportunity employer in accordance with all applicable federal, state and local laws. We ensure equal employment opportunity to all employees and applicants without discrimination or harassment based on race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, medical condition, disability, military service, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, or local law.

Booking Holdings also extends this policy to every phase of the employment process including, but not limited to, recruitment, selection, placement, transfer, training and development, position elimination, restructure, promotion, compensation, benefits, layoffs, termination, and all other conditions or privileges of employment. Booking Holdings and its Affiliated Companies are Equal Employment Opportunity employers and welcome all job seekers including individuals with disabilities and veterans with disabilities. If you have a disability and believe you need reasonable accommodation in order to search for a job opening or apply for a position, please email [email protected] with your request. M/F/V/D/S