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Bank Of America AML Refresh Operations - Professional Markets 
United States, Virginia, Richmond 
30837514

17.09.2024

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)