Bank Of America Team Leader 

India, Haryana, Gurugram District 

985704873

Process Overview:

The Global Banking and Global Markets Anti-Money Laundering (GB and GM AML) Perform In Line Quality Assurance (ILQA) process is a separate control function that conducts quality review checks on the global refresh entities submitted by the Client Refresh Operations Team. The review process is initiated when the Refresh Operations Analyst updates the case within the system of record and submits for ILQA review. Testing is conducted within 5 business days, ILQA analyzes the accuracy of the data within the GCI against the applicable procedural and jurisdictional requirements. Notifications are sent to the refresh operations analysts regarding all ILQA dispositions, cases with identified defects are communicated to the Refresh Operations Team and collaboration meetings are conducted to support remediation efforts which should occur within the established SLA. The In Line Quality Assurance process ends after a final review is conducted to ensure that all identified defects have been accurately remediated within the system of record.

Job Description :

The GB and GM AML ILQA performs Inline QA to ensure adherence to the Customer Identification program/ Client due diligence standards and thereby identify associate coaching, training and procedure needs.

Responsibilities :

• Perform Quality review at the various stages of the Customer Identification program/ Client due diligence on the KYC data and information collected on Global banking and market clients in accordance to the applicable procedures, standards and Laws, rules and regulations.

• Share feedback to the KYC ops on the defects identified and get them remediated.

• Must be able use knowledge about the Due Diligence Tools to aid in the quality review

• Handle various internal, third party, statutory audits with regard to the KYC standards for Global banking and market clients.

• Manage agreed SLAs and accuracy

• MIS / Data analysis

• Coordinate communications with partners providing comprehensive, clear and concise factual information to collaborate in QA process.

• Attention to detail and accuracy is absolutely critical as quality of research documentation and resulting findings is critical to the integrity of the risk mitigation process.

• Evaluate information and make judgments about the value and relevancy of information, drawing conclusions from data gathered as part of investigation and review process to aid the line of business in critical decision making process

Certifications If Any :AML Certification desired

Experience Range :4 – 6 years

Foundational Skills :

• Knowledge on AML KYC & basics of Client due diligence
• Knowledge on Banking & markets
• Basic Understanding of Enhanced due diligence
• Strong Communication Skills
• Good Email Writing Skills

Desired Skills :

• Familiarity with Global Banking and market products an advantage Knowledgeable of regulatory environment, risk framework, policies & standards.
• Self-motivated and analytical
• To ensure consistent delivery on Business metrics along with other new responsibilities and setting higher standards of self and Team performance
• Involve in day to day operations and ensure delivery on SLA/CTQs
• Ability to exploit opportunities and to improve the end to end process
• Highly efficient with the ability to juggle multiple high priority activities concurrently

Work Timings :12:30 PM - 9:30 PM (depending on the geography supported)

: Gurugram & Mumbai