Bank Of America Global Financial Crimes - Forecast & Capacity Planning Manager 

United States, North Carolina, Charlotte 

408963894

Responsibilities:

• Reviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics.

• Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory.

• Builds management reports, presentations, and ad hoc analyses for LOBs and/or finance partners.

• Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance.

• Identifies business trends based on economic and portfolio conditions and communicates findings to senior management.

• Partner /Collaborate with finance and key stakeholders on the communication of forecast drivers, impacts, loss performance, and reconciliation.

• Prepare, distribute, and consolidate weekly, monthly, quarterly workforce packages.

• Identify and implement improvements with recurring monthly reporting and adheres to all deadlines.

• Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed

• Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed

• Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks

• Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees

• Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes

• Reviews and challenges internal and external operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately

• Develop and modernize time-series models using advanced algorithm-based forecasting techniques

• Execute quarterly volume forecast model production and presenting results to executive leadership in support of financial budgeting routines

• Help to drive forecast consistency and innovation across team.

Required Qualifications:

• Minimum of seven years of relevant experience

• Degree in Mathematics, Statistics, Applied Economics, Operations Research, Advanced Analytics or other STEM field –OR—Equivalent experience

• Knowledge of anti-money laundering (AML) and related AML legislation

Desired Qualifications:

• Bachelor’s Degree in related field

• Experience in financial services and/or a related government entity

• Certified Anti-Money Laundering Specialist (CAMS)

Skills:

• Regulatory Compliance

• Monitoring, Surveillance, and Testing

• Critical Thinking

• Risk Management

• Issue Management

• Policies, Procedures, and Guidelines Management

• Strategy Planning and Development

• Coaching

• Written Communications

• Reporting

• External Resource Management

• Talent Development

1st shift (United States of America)