Bank Of America Operations Consultant – Sanctions Advanced Escalations 

United Kingdom, England, London 

507581537

Corporate Title: Up to Vice President

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description:

This role is responsible for the day-to-day resolution of complex problems and the research and execution of complex transactions for a single site / business unit or smaller business unit(s). Key responsibilities of the role include strategically advising upon the design, development and implementation of products, systems and services using discretion within the project management methodologies.

Responsibilities:

• You will review sanctions alerts generated on customer or transactional data contents – typically referred to as Relationship Screening and Transactional Screening.
• You will analyse/interpret complex sanctions regulations in decision making of sanctions alerts.
• You will drive meaningful changes and continuous process improvements to ensure CoE is effective in managing economic sanctions compliance risk through an efficient process.
• You will act as the liaison for all economic sanctions compliance matters for client management and key regional clients (where required).
• You will be part of strategic direction for functional teams including target operating model for people, process and technology.
• You will engage in regional and global project initiatives that may impact the functional processes owned.
• You will coordinate with other sites/regions to ensure daily SSCOE goals are met.
• You will Monitor escalations received from Lines of business and response in timely manner.

What we are looking for:

• You will be a highly organized individual - Demonstrate a bias for action and a commitment to achieving sustainable results. Makes timely and fact-based decisions.
• You will manage the risk reward trade off; follows the proper risk routines to get the right outcomes for the business. Successful candidate MUST have a great risk framework and approach.
• You will demonstrate a commitment for continuous learning; challenges the status quo and is passionate and capable of driving change across the organization.
• You will have experience & Knowledge of economic sanctions program requirements and disposition of sanctions alerts or extensive background with GBS, GPP, WTX and/or Wire/ACH experience.
• You will have a team player attitude, enthusiasm, and commitment.

Skills that will help (optional):

• Communicates with impact; communicates effectively (both in writing and when speaking) using clear, concise and simple language.
• Ability to prioritise, use own initiative and be flexible.
• Ability to work under pressure, meet deadlines and navigate change.
• Strives to bring new thoughts and ideas to teams to drive innovation and unique solutions.

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.