Bank Of America Deputy MLRO 

Turkey, Istanbul 

647684785

The Deputy MLRO for Turkey, under supervision, is responsible for implementing both the global Financial Crimes Policy and any local requirements. The incumbent will partner with the MLRO to support regulatory exams and internal & external audits, as well as work with front line business, operations and other financial crimes teams across the region. The incumbent will advise business units and control function partners on financial crimes risks associated with clients, products and services. The Deputy MLRO will work on a dynamic team with opportunities to engage with partners locally, in region, and globally.

Responsibilities:

• Acts as the registered Deputy MLRO for the Bank of America Yatirim Bank A.S. and fulfils the tasks set by Turkish financial crimes related Laws, Regulations, Rules, Guidelines of all relevant regulatory bodies in country

• Supports local business and Global Financial Crimes (GFC) teams on various KYC/CDD/EDD inquiries and topics related with all areas fall under financial crimes including fraud

• Supports to MLRO in performing GFC related activities, including but not limited to:

  • Carrying out manual transaction monitoring, investigations and provides support ensuring the control environment is effective

  • Carrying out GFC related risk assessments, surveys, new product and business initiative reviews as maybe necessary

  • Identifying regulatory training needs and provides subject matter expertise to support the development of training curriculum

  • Monitoring the changes in regulations applicable to global financial crime, including advising business on those changes

  • Participating in the development and maintenance of the global financial crimes coverage plan which defines the scope and risk-based focus of the second line’s risk management activities and/or oversees execution of monitoring, testing, and risk assessments

  • Ensuring metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation

What we are looking for:

• Turkish Citizen

• At least 5 years of anti-money laundering and financial crime experience in a similar or related role in a financial institution, or with a regulatory or government authority

• Passing MASAK licensing exam

• Native Turkish speaker and fluent in English, engaging across various levels of stakeholders

• Bachelor’s degree in a related field is required

• Solid understanding of Turkish regulatory requirements

• Sound risk management skills and an ability to apply discernment, and to escalate concerns when necessary

• Excellent stakeholder communication skills

• Ability to self-identify priorities, deliver to deadlines

• Great teammate, willing to interact and discuss issues in a team environment, and take pride in your work

• Able to deliver a flexible and solutions-driven perspective, to solve problems and to seek answers to complex issues

• The ability to synthesize laws, rules and regulations into practice

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.