Bank Of America Global Financial Crimes Compliance GFCC Investigator - Brokerage 

United States, North Carolina, Charlotte 

508067422

This job is responsible for performing end-to-end investigations or investigations support functions of external financial crimes activities across one or more lines of business. Key responsibilities include conducting routine to complex investigations, including fraud committed by external parties, money laundering, or terrorist financing and acting as the liaison to Law Enforcement as required.

Responsibilities for this role include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts of the investigation to assist in identifying potential operational or compliance risks, and completing Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement. This role may partner with GFC Risk Management, front line units or other stakeholders to resolve investigations. This role ultimately reports to investigations teams responsible for coverage over Special Investigations, Global Markets, or Global Wealth and Investment Management.
Responsibilities:

• Completes investigations while overseeing cases meet or exceed closure and quality metrics

• Completes Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement

• Reports facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks

• Partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) or other stakeholders to resolve investigations

• Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role

Required Qualifications:

• Minimum of five years of relevant experience

• Minimum 1-2 years’ experience with Fraud, AML, Risk, or Compliance experience and/or knowledge of financial crimes typologies

• Bachelor’s degree or equivalent work experience in areas such as financial services, fraud, investigative service or law enforcement

• BSA knowledge relative to AML or Fraud as well as general understanding of AML typologies/red flags

• Proficiency in Microsoft Excel / data analytics

• Self-starter capable of analyzing and reporting independently

• Ability to analyze and manipulate large data sets

• Interaction with Front Line Units & Customers/Clients

Desired Qualifications:

• Bachelor's Degree in related field

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

• Certified Anti-Money Laundering Specialist (CAMS)

• Knowledge related to retail and/or institutional brokerage products and services and applicable compliance rules and regulations.

• Securities trading experience in equities, bonds, options, futures contracts

• Transaction analysis and how it relates to FINRA Red Flags and associated risk

• Knowledgeable in the areas of research: ACAT Transfers/ Rejections, Special handling, and transfers between category types (Type 1 = cash, Type 2 = Margin, Type 3 = Short, etc. )

• Back Office/ Front Office Experience, including security reconciliation, Margin reconciliation, securities processing/ master.

• Securities trading experience in equities, bonds, options, futures contracts

• FINRA Series license welcomed but not required.

Skills:

• Regulatory Compliance

• Fraud Management

• Critical Thinking

• Written Communications

• Investigation Management

• Policies, Procedures, and Guidelines Management

• Risk Management

• Reporting

• Issue Management

• Talent Development

1st shift (United States of America)