[Hiring] Associate; Global Financial Crimes Specialist @Bank of America

Role Description

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career, and contribute to our shared success.

• Supporting the execution of substantive money laundering, economic sanctions, and fraud compliance and operational risk practices.
• Assisting Global Financial Crimes executives and managers with activities that support the identification, escalation, and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program.
• Supporting the development and maintenance of financial crimes owned policies and standards.
• Assisting in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders.
• Assisting in the monitoring of changes in regulations applicable to Global Financial Crimes.
• Remote work may be permitted within a commutable distance from the worksite.

Qualifications

• Bachelor's degree or equivalent in Business Administration, Finance, Economics, or related field.
• 5 years of progressively responsible experience in the job offered or a related Finance occupation.
• Must include 5 years of experience in each of the following:
• Reviewing internal and external operational loss events and developing remediation plans to strengthen controls and provide oversight.
• Escalating financial-crime compliance and operational risk issues through established governance routines and management-level committees.
• Conducting sanctions-related research using Accuity, Kharon, and Bloomberg to assess issues and potential exposure.
• Identifying, aggregating, reporting, and escalating sanctions issues, including remediation tracking, analysis, and control enhancement efforts related to financial crimes.
• In the alternative, the employer will accept a Master's degree and 3 years of experience.

Requirements

• If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] and reference the job title of the role and requisition number.
• Shift: 1st shift (United States of America)
• Hours Per Week: 40

Benefits

• Pay range: $225,000.00 - $235,000.00 annualized salary, offers to be determined based on experience, education, and skill set.
• Discretionary incentive eligible: This role is eligible to participate in the annual discretionary plan.
• This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources, and support to our employees.