Bank Of America Vice President Global Financial Crimes Specialist 

Singapore, Singapore 

157940425

This role covers customer due diligence (CDD) related requirements relating to financial crimes (FC) laws, rules, regulations (LRRs) and processes that cover the U.S. and 38 non-U.S. jurisdictions. Key responsibilities include assisting Global Financial Crimes managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

Responsibilities:

• Partnering with GFC Risk Officers, the business, operations and other risk management teams to analyze impacts from LRR and Country Standard updates
• Identifying and/or monitoring associated changes needed or implementation activities to address the requirements
• Evaluating the risk of assigned issues, recommending acceptance of action plans and monitoring progress and/or resolution of the issues
• Conducting research on financial crimes related processes and communicating findings to GFC Risk Managers
• Assisting and/or developing FC related reporting
• Participating in applicable management and governance routines

Required Skills:

• Stakeholder Engagement, across all working levels including senior management
• Regulatory Compliance
• Monitoring, Surveillance, and Testing
• Critical Thinking
• Risk Management
• Issue Management
• Policies, Procedures, and Guidelines Management
• Written Communications
• Reporting

Desired Skills:

• University/college degree OR equivalent working experience in financial institutions with control and/or regulatory