Bank Of America Audit Manager – AML/Sanctions specialism 

United Kingdom, England, City of Westminster 

867707619

Job Description:

Job Title:Audit Manager - AML/Sanctions Specialism

: Vice President

Role Description:

This is a great change to join a diverse team at a time of expansion, with ampleopportunity to engage in interesting and impactful work.As Audit Manager, you will use your Subject Matter expertise in AML, Sanctions and Compliance to executethe assigned areas of audit work. You will work on audit strategy for the sound application of risk based auditing by defining audit scope, audit program, and test procedures. You will demonstrate strategic thinking and support change.

Your role will involve the timely delivery of audit work within quality standards and conformance to audit policies and procedures. You will assess issues for impact to business processes, controls and strategies, recommend severity ratings and escalation of broad themes or trends. In this role you will help to draft quality and timely audit issues and reports. You will exercise critical thinking and judgment to effectively influence your leadership teams, in order to improve the control environment.

Responsibilities:

• You will act as Subject Matter Expert of BSA/AML and Fraud related risks and a solid business understanding of application of these risks within a large financial institution. Knowledge of key business segments including retail, banking, capital markets, etc.

• Plan, perform, and lead BSA/AML Compliance and Fraud audits at the enterprise level as well as other diverse lines of business and specialty area

• Perform audit reviews for suspicious activity filings and other compliance operational work including sanctions screening and client due diligence.

• Support the execution of the annual BSA independent audit as well as regulatory and partner exams by creating presentation materials and providing timely responses to inquiries.

• Design and perform compliance audit procedures, including identifying and defining issues, reviewing and analyzing evidence, and documenting processes.

• Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery.

• Communicate the results of audit projects to management (written reports/oral presentations).

• Establish and build working relationships with internal and external management.

• Perform AML risk assessments of business activities, potential risks exposures, and materiality of loss.

What we are looking for:

• Track record of audit experience in areas related to AML, sanctions and fraud risk management programs and regulations, banking regulations, local standards, and internal policies, or
• Demonstrable experience of conducting Bank Secrecy Act /Anti-Money Laundering audits, Risk Management audits, Compliance audits or a combination, or
• AML investigations and SAR writing experience
• Experience leading AML investigators at a regulated financial institution in EMEA.
• Solid experience in Audit, Compliance, Risk, Business Controls, or other related experience
• Excellent project management, interpersonal, oral and written communication skills; strong attention to detail and accuracy
• Exceptional analytical and critical thinking abilities; Able to develop and convey a point of view
• Professionalism, dependability, integrity and trustworthiness combined with a cooperative attitude. Able to thrive in a dynamic team environment
• Highly motivated self-starter with ability to multitask and complete assignments within time constraints and deadlines. Individual with desire to learn and teach others, high energy, positive attitude
• Proficiency in Microsoft Office products

Skills that will help:

• ACCA, AML, Audit, or Risk and Compliance qualifications would be an advantage.

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 access to school holiday clubs 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.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• 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 program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Ireland

• 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 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.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan
• Ability to donate to charities of your choice and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

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