Bank Of America Global Banking & Markets Anti-Money Laundering Analyst 

India, Maharashtra, Mumbai 

109131729

Role Responsibilities

• Perform document Gap analysis with available documents and ensure it meets the regulation.

• Perform CKYC Process and ensure timeliness.

• Provide support to Periodic Refresh or reviews by conducting Pan validations and other sub processes that might be required to fulfill the checklist.

• Be well versed & ensure any new regulations improvised/altered or added by regulator are put to implementation.

• Partner with colleagues in Banking, Sales, FLU cross regional teams and other groups as needed.

• Partner with MLRO for cases where guidance or relevant approvals are required to help complete refreshes on time.

• Monitor and understand the risks and impacts of non-compliance with KYC processes, including restrictions, closures.

• Participate in internal & external audits which requires deep research and investigation skills.

• Provide support in any remediations which might have tight deadlines.

• Prepare the MIS & Control reports and ensure the various stakeholders queries are answered.

• Challenging the status quo and suggest process streamlining where required.

• Embrace a collaborative and output-oriented culture.

Required Skills

• Postgraduate or equivalent degree.

• 5-7 years’experience in Anti-Money Laundering (AML)/ Know your customer (KYC).

• Well versed with Country regulations for corporate customer KYC’s.

• Preferred: Certified Anti-Money Laundering Specialist (“CAMS”) or any other AML /KYC certifications.

• Knowledge of AML CDD policy and standards, industry practices in AML CDD, including legal entities in global jurisdictions.

• Initiative: Identify process improvements, demonstrate a "self-starter" behavior and a willingness to help others, and show potential to require minimal supervision.

• Excellent proficiency using Microsoft office products, particularly Microsoft PowerPoint, Excel, Word

• Excellent interpersonal skills for motivation, collaboration and encouragement

• Excellent communication skills to demonstrate collaborations with various groups as and when required.