Global Financial Crimes Specialist

Charlotte, VT - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Job Description:

At Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients teammates communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace attracting and developing exceptional talent supporting our teammates physical emotional and financial wellness recognizing and rewarding performance and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America you can build a successful career with opportunities to learn grow and make an impact. Join us!

Job Description:
This job is responsible for supporting the execution of substantive money laundering economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

Responsibilities:

Supports the development and maintenance of financial crimes owned policies and standards and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
Assists in the monitoring of changes in regulations applicable to Global Financial Crimes including advising business leaders directing the appropriate areas to implement or amend policies standards procedures and/or processes to address regulatory requirements and challenging the implementation plan as needed
Contributes to risk coverage plans executes independent risk monitoring testing and risk assessments
Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines management/board level committees
Assists in the identification aggregation reporting and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
Assists in the review of internal and external operational loss events including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately

Required Qualifications:

Minimum 5 years of overall experience in risk management financial crimes or related risk function
Minimum 2 years experience in AML investigations as an investigator Sr Investigator or Investigations Specialist-type role
Degree required: Bachelors or equivalent experience

Desired Qualifications:

Experience with Institutional retail brokerage
QC/QA background
Senior investigations experience
Strong written communication skills
Critical thinking skills; ability to think outside the box
Experience escalating out-of-pattern or unique risk pattern issues
Financial Services and/or related government entity

Skills:

Critical Thinking
Monitoring Surveillance and Testing
Regulatory Compliance
Risk Management
Issue Management
Policies Procedures and Guidelines Management
Written Communications
Coaching
Reporting
Talent Development

Shift:

1st shift (United States of America)

Hours Per Week:

Required Experience:

Job Description:At Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients teammates communities and shareholders every day.Being a Great Place to Work is core...

Job Description:

Responsibilities:

Supports the development and maintenance of financial crimes owned policies and standards and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
Assists in the monitoring of changes in regulations applicable to Global Financial Crimes including advising business leaders directing the appropriate areas to implement or amend policies standards procedures and/or processes to address regulatory requirements and challenging the implementation plan as needed
Contributes to risk coverage plans executes independent risk monitoring testing and risk assessments
Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines management/board level committees
Assists in the identification aggregation reporting and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
Assists in the review of internal and external operational loss events including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately

Required Qualifications:

Minimum 5 years of overall experience in risk management financial crimes or related risk function
Minimum 2 years experience in AML investigations as an investigator Sr Investigator or Investigations Specialist-type role
Degree required: Bachelors or equivalent experience

Desired Qualifications: