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Bank Of America Global Financial Crimes Specialist 
Mexico, Mexico City 
408165702

25.06.2024

Responsibilities:

  • Support the Mexico MLRO in performing compliance and risk activities, including:

  • Performing monitoring and testing activities of Front Line Unit (FLU) and control function (CF) -owned processes related to Customer Due Diligence activities against Mexican AML/CFT laws, rules and regulations, Non-Financial Regulatory Reporting, or other activities as required.

  • Executing and reviewing monitoring and testing results against Mexican AML/CFT laws, rules and regulations, as well as develop coverage plans to test compliance with these laws.

  • Assisting in reviewing potential suspicious activity and sanctions alerts

  • Assisting with the review of relevant policies to ensure they reflect Mexican AML/CFT regulatory requirements for Financial Crimes.

  • Conducting financial crimes risk assessments.

  • Executing governance and management routines, including development of metrics

  • Identifying, aggregating, reporting and escalate financial crimes risks, issues and control enhancements.

  • Assisting in the development of financial crimes training

  • Assisting with preparation for, and participating in, financial crimes related regulatory exams and audits.

  • Escalating financial crimes concerns to the Global Financial Crimes Manager or Executive.

Required Skills:

  • At least 5 years relevant experience in AML CDD / Advisory background or Financial Crimes Compliance related to Mexico, gained from working in the financial industry

  • Business Stakeholder Management: experience in risk management and client advisory.

  • Compliance and Operational Risk: Experience identifying, mitigating and escalating matters of AML concerns to FLUs and senior management.

  • Possess decision- making skills related to Financial Crimes Compliance Risk Management- and be able to stand up to the FLUs and take decisions.

  • Degree Required: Bachelor’s Degree or Equivalent.

  • Preferred candidates with understanding of global banking and markets business lines.

  • Preferred candidates with subject matter expertise in financial crimes risks related to Mexico.

  • Ability to handle multiple compliance projects in a dynamic environment and regional team setting.

Desired Skills:

  • Strong understanding of monitoring, testing and/or quality assurance processes.

  • Extensive knowledge of AML typologies.

  • Strong analytical, organizational and decision making skills.

  • Ability to read and interpret regulatory guidance.

  • Proficiency with MS Office programs – including strong Excel expertise.

  • Ability to quickly learn proprietary technology applications.

  • Excellent research abilities, including exposure to research tools (e.g. LexisNexis, CLEAR).

  • Certified Anti-Money Laundering Specialist (CAMS) certification.

  • Sound judgment.