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Phaxis · 18 hours ago

AML Sanctions Consultants

Oakland, CA

Contract

Onsite

Senior Level, Lead/Staff, Director/Executive

$45/hr - $80/hr

5+ years exp

Phaxis is supporting a large-scale Financial Crimes transformation initiative and is seeking experienced professionals in AML Policy and Sanctions Governance. The role involves developing AML policies, enhancing transaction monitoring frameworks, and supporting risk assessments to strengthen the global AML and Sanctions framework.

DeliveryHuman ResourcesStaffing Agency

Responsibilities

Develop, enhance, and maintain global AML policies and standards, including U.S. AML standards, adverse media policies, and escalation frameworks

Perform detailed regulatory mapping of policies and standards to NYDFS guidance, FATF publications, and internal Line Reference Documents (LRDs)

Ensure documentation is consistent, complete, and audit- and exam-ready

Design, enhance, and document the Transaction Monitoring framework and methodology

Update Transaction Monitoring Coverage Assessments and Red Flag Assessments

Map transaction monitoring rules and scenarios to regulatory requirements, policies, and internal rulebooks

Support ongoing regulatory remediation and model governance efforts

Support AML and Sanctions Risk Assessments, governance forums, and ERM workstreams

Assist with risk identification, control mapping, issue tracking, and regulatory remediation efforts

Prepare materials for senior management, risk committees, and regulators

Build and maintain a comprehensive inventory of sanctions-related processes and controls across the organization

Draft, update, and align sanctions policies, procedures, and training materials to regulatory expectations

Design QA frameworks and decisioning guidelines to ensure consistent sanctions case handling

Document and enhance location-based transaction blocking controls across business units

Qualification

AML ComplianceSanctions GovernanceRegulatory MappingRisk AssessmentPolicy DevelopmentStakeholder ManagementDocumentation Skills

Required

5+ years (individual contributor), 8+ years (Senior Manager), or 12+ years (Director) of experience in AML, Sanctions, Financial Crimes Compliance, or Regulatory Risk

Strong knowledge of NYDFS guidance, FATF standards, and U.S. AML/Sanctions regulatory frameworks

Proven experience with policy and standards development, regulatory mapping, or control documentation

Ability to produce clear, well-structured, regulator-ready documentation

Strong stakeholder management skills and ability to work across Compliance, Legal, Risk, Product, and Operations teams