Bank Of America Global Financial Crimes Specialist 

Mexico, Mexico City 

408165702

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.