Bank Of America Senior Business Control Specialist Monitoring & Inspection 

United Kingdom, England 

996398683

Corporate Title: Up to AVP

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:

The role involves conducting a comprehensive Refresh Quality Inspection of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements for GBGM records that have recently completed refreshes. As a Senior Business Control Specialist, you will be responsible for executing testing that assesses compliance with AML/Financial Crimes Global Standard requirements. You will ensure accuracy and timelines of test execution. Additionally, you will maintain a culture of compliance and supporting the identification, escalation, and timely mitigation of compliance risks.

Responsibilities:

• Conduct and coordinate a thorough Refresh Quality inspection of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements for GBGM records that have recently completed refreshes. Ensure that associate performance and control effectiveness are compliant with AML regulations and policies.
• Execute QA activities including control execution, managing case assignment, and reporting results in a timely manner.Provide support on Regulatory Exams, Internal Audits, and other Monitoring & Inspection reviews.
• Capture relevant data and information to support governance activities for dashboard reporting.
• Assist in enhancing the success of Quality Assurance program.
• Implements optimized controls and enhanced QA practices to support business continuity efforts.

What we are looking for:

• Logical reasoning and analytical skills to assess escalations, identify areas for improvement, and drive effective solution.
• Excellent verbal and written communication skills and organizational abilities.
• Ability to prioritise tasks effectively, work independently with minimal supervision, and take.
• ACAMS or ICA certification is a plus.
• Proficiency in analysing large and complex datasets to develop and present executive-level reports.Experience with Risk Management, Quality Control, and Quality Assurance frameworks.
• Knowledge and experience with global AML concept, AML/KYC requirements, and Economic Sanctions laws and regulations in a corporate environment.
• Background in Quality Control/Assurance testing, Process Risk Control (PRC), Risk Control Self-Assessment (RCSA), internal audit, risk management, process improvement, compliance, or front-line control functions.
• Exposure to Global Banking, Global Markets, or a diverse range of business lines and functions.
• Ability to conduct research, analyse data, and ensure accuracy with attention to detail.
• Ability to handle multiple requests and priorities, manage time effectively, and adapt to shifting deadlines and changing requirements.
• Advance skills in Microsoft Office, including PowerPoint, Excel, and SharePoint (for managing large datasets and reports).

Skills that will help (optional):

• Logical reasoning and analytical skills to assess escalations, identify areas for improvement, and drive effective solutions.
• Excellent verbal and written communication skills and organizational abilities.
• Ability to prioritise tasks effectively, work independently with minimal supervision, and take.
• ACAMS or ICA certification is a plus.
• Proficiency in analysing large and complex datasets to develop and present executive-level reports.

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.