Bank Of America Global Financial Crimes Specialist 

United States, North Carolina, Charlotte 

878223188

The Global Financial Crimes (GFC) Specialist under supervision, assists Global Financial Crimes executives and managers in the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance Enterprise Policies (GC Policy), and the Enterprise Fraud Risk Management Policy.

Responsibilities:

• Supports 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.
• Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders.
• Assists in the monitoring of 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.
• Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments.
• Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees.
• Assists in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes.
• Assists with the development of risk metrics, monitors related performance and breach remediation.

Required Qualifications:

• 5+ years Business & Functional experience
• 1-2 years of basic knowledge and experience in anti-money laundering (AML) regulations, fraud, sanctions, or any financial crimes
• 1-2 years of basic knowledge and experience in SQL and other analytics tools - understanding and re-writing queries (will accept academic knowledge)
• Bachelor’s degree or equivalent experience

3+ Years of experience in AML/CFT/Sanctions role in public or private sector
Strong personal drive, attention to detail, individual initiative, a sense of urgency and responsiveness, with a desire to grow, learn and take on increasing levels of responsibility
Must be a self-motivated, critical thinker who is comfortable and effective working with varying levels of guidance
Ability to handle multiple projects in dynamic environment and global team setting
Risk management, issue management, regulatory guidance
Proven process design and project management
Policies, procedures and guidelines management
Monitoring, Surveillance, and Testing
Written and Oral Communications
Presentation and Reporting Skills
Certified Anti-Money Laundering Specialist (CAMS) certification
Knowledge of international financial crimes laws, rules, and regulations
Understanding of Banking products and Financial Crimes vulnerabilities applicable to these products
Must be a self-motivated worker who is comfortable and effective working with varying levels of guidance
Proficient in Microsoft Office Products including advanced knowledge of Excel
Ability to work & effectively communicate with cross functional teams
Strong written and verbal communication skills and the ability to communicate and work with all levels within the organization
Strong data analysis and data presentation

1st shift (United States of America)