Global AML Operations - Business Control Mgr

Bank of America•Charlotte, NC

4d•Onsite

About The Position

This job is responsible for leading and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include executing LOB or ECF processes and tools to drive adherence to enterprise-wide standards. Job expectations include supporting the implementation of quality assurance and quality control processes within the LOB or ECF through ongoing monitoring and testing of controls, identifying issues and control improvements for remediation, and building out actions plans and milestones. The candidate will be responsible for leading projects within the Global AML Operations Business Controls organization. The team is responsible for: CDD Process Transformation & Simplification Enterprise and Country Standard Business Review & Procedural Adoption Oversight Management of people, process, tech impact assessment driven by new/changed regulations. Facilitation of regulatory driven activities The role requires strong leadership skill, project management and risk and compliance background. Ideal candidate will be familiar with AML processes and AML regulatory requirements.

Requirements

Controls Management
Oral Communications
Risk Management
Stakeholder Management
Strategy Planning and Development
Continuous Improvement
Drives Engagement
Influence
Strategic Thinking
Talent Development
Data and Trend Analysis
Decision Making
Monitoring, Surveillance, and Testing
Problem Solving
Quality Assurance
Strong Project Management skills and proven track record of leading projects
Experience in Procedure and Policy Implementation, Regulatory Remediation or similar Business Controls activities
Ability to work accurately to tight deadlines in a demanding environment
Excellent written and verbal communication skills – ability to tailor messaging to senior management.
Ability to interact with people at all levels of the organization and ability to organize data for executive level reporting
Self-Starter who can work independently with little guidance or direction
Ability to read and understand complex matters, anticipate risks, and summarize key information.
Strong research and analytical skills and attention to detail but in context with broader business landscape
Strong presentation skills and the ability to present key messages, effective recommendations, and information in a clear, concise, insightful and influential way

Nice To Haves

Familiarity with AML regulations would be an advantage
Familiar with AML processes and AML regulatory requirements

Responsibilities

Leads the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
Performs monitoring and testing of controls, identifying issues and control improvements for remediation
Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
Manages the performance and productivity of team members that conduct quality inspection reviews
Ensures timely execution of QA activities including control execution, case management, and results reporting
Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting
Directly lead CDD requirements Simplification and Harmonization projects
Facilitate gap assessment driven by AML Regulatory changes, Audit Issues and Regulatory Remediation work effort
Run regular routines with key stakeholders across GBGM AML Operations, Global Financial Crimes, Risk and Technology
Demonstrate strong collaboration, influencing, and relationship management skills
Coordinate and partner across other GAOO support teams and stakeholders to ensure end-to-end process engagement and timely change implementation.
Work with impacted stakeholders to develop and document implementation plans based on gap assessment findings
Review and govern proposed changes to operational procedures and processes through governance forums.
Use data to proactively identity process simplification opportunities