Expoint - all jobs in one place

The point where experts and best companies meet

Limitless High-tech career opportunities - Expoint

Bank Of America Vice President Global Financial Crimes Specialist 
Mexico, Nuevo León, General Escobedo 
508469569

28.06.2024


Responsibilities

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

  • Develop monitoring and test coverage plans

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

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

  • Conducting financial crimes risk assessments

  • Acting as the Canada GFC owned procedures specialist

  • Executing governance and management routines, including development of metrics and analytical reports

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

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

  • Assisting in the development of financial crimes training

  • Assisting in reviewing potential suspicious activity and sanctions alerts

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

Skills:

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

  • Extensive knowledge of AML typologies

  • Ability to read and interpret regulatory guidance

  • Strong Written and Oral Communications

  • Strong analytical, organizational and decision making skills

  • Strong personal drive, attention to detail, must be a self-motivated and critical thinker

  • Ability to handle multiple projects in a dynamic environment Proficiency with MS Office programs – including strong Excel expertise.

  • Mature change management and transformation abilities

  • Ability to quickly learn proprietary technology applications

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

  • Sound judgment

Qualifications

  • At least 5 years relevant experience in AML and Sanctions, advisory background or Financial Crimes Compliance related to Canada, 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 Canada

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