Bank Of America AML Refresh Operations - Professional Markets 

United States, Virginia, Richmond 

30837514

Responsibilities:

• Confirms loan documentation for accurate trade settlements
• Partners with Sales Associates, Traders, Research Analysts, trading counterparties, internal and external attorneys, administrative agent banks, and various other internal operations groups
• Manages post-trade management and logistics, settlement pricing, and closing coordination
• Analyzes and resolves highly complex operational problems
• Supports ad-hoc projects for new processes or industry initiatives
• Processes loans end-to-end with accurate data input into various credit and operating systems
• Conducting client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines aligned to more complex Jurisdictions and/or client structures.
• Review of refresh requirements for assigned jurisdiction in line with related Client Identification Profile (CIP)/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.
• Liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfill refresh requirements
• Perform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to Ensure all refresh requirements are met
• Ensure all jurisdictional regulatory requirements related to KYC are adhered to support business with KYC related queries and requests
• Participate in remediation, internal/external Audits

Skills:

• Data Collection and Entry
• Recording/Organizing Information
• Attention to Detail
• Critical Thinking
• Research
• Fraud Management
• Risk Management
• Interpret Relevant Laws, Rules, and Regulations
• Quality Assurance
• Problem Solving
• Adaptability
• Customer and Client Focus
• Prioritization
• Result Orientation
• Written Communications

Required Skills:

• 2+ years financial services experience, with at least one year of AML and/or KYC experience
• Highly developed business acumen for the review and management of detailed documentation.
• Documented experience performing in a process-oriented production environment that changes periodically
• Appropriately identify and escalate risk
• Expert experience with MS Office Suite (Excel/Word/Outlook/Access)
• Proven ability to work in a team environment
• multiple assignments simultaneously
• Proven ability to successfully meet tight deadlines while ensuring data accuracy and integrity
• Proven ability to work and execute with minimal supervision

Desired Skills:

• Anti Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) experience

1st shift (United States of America)