AML Compliance - Operations & Quality Control Manager

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

Role Overview

The AML Operations & Quality Control Program Manager is an individual contributor role within Cumberland's BSA/AML Compliance function. Reporting to the Global Head of Financial Crimes, this position is responsible for owning and maturing 's quality control testing programs across KYC (including name screening) transaction monitoring, SAR filing, case investigations, and settlement. The role also leads the operational cadence of the AML compliance program, including oversight and reporting over KPIs, testing calendar management, population sampling, and executive reporting, ensuring the program runs on schedule and delivers meaningful insights to senior management and regulators.

This role is critical to Cumberland's ability to demonstrate a well-controlled, measurable AML program across its U.S. and international entities and to respond confidently to regulatory examinations and internal audits.

Key Responsibilities

Quality Control Program Ownership

• Program Design & Execution: Design, own, and execute monthly KYC quality control testing across all Cumberland entities, covering:
• New onboardings (including sanctions, PEP and adverse media screening)
• Periodic file reviews (KYC refreshes)
• Transaction monitoring alerts and case investigations, including statutory and “below the line” testing alerts
• SAR filings
• Fiat and virtual currency settlements

The framework must apply defined pass/fail scoring criteria and document findings with root-cause analysis. The role must develop remediation strategies to address issues at both the individual and systemic levels and track those strategies through completion. It must also report findings, remediation efforts, and recommendations to management, as further detailed below.

Metrics, Reporting & Executive Deliverables