Global Financial Crimes Investigations Manager

Bank of America•Jacksonville, FL

10h•Onsite

About The Position

At Bank of America, the role supports the company’s purpose of helping make financial lives better and its Responsible Growth approach. The company emphasizes an inclusive, caring workplace, teammate development and wellness, and an in-office culture intended to support collaboration, engagement, and career development, with flexibility based on role responsibilities and business needs. This job executes substantive money laundering, economic sanctions, and fraud compliance and operational risk practices. The role works directly or through compliance officers for Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, and operational/fraud risk management requirements. It may also include managing associates.

Requirements

At least seven years of relevant experience.
Knowledge of anti-money laundering (AML) and related AML legislation.
Skills in critical thinking; monitoring, surveillance, and testing; regulatory compliance; risk management; coaching; issue management; policies, procedures, and guidelines; management strategy planning and development; written communications; external resource management; reporting; and talent development.

Nice To Haves

Bachelor’s degree in a related field.
Experience in financial services and/or a related government entity.
Certified Anti-Money Laundering Specialist (CAMS) certification.

Responsibilities

Advise and direct development and maintenance of financial crimes-owned policies and standards; review relevant FLU/CF-owned policies and standards to ensure regulatory requirements and operational risks are addressed.
Produce or oversee independent financial crimes risk management reporting to GC&OR senior leaders and FLU/CF senior leaders.
Monitor regulatory changes applicable to Global Financial Crimes; advise business leaders, direct appropriate teams to implement or amend policies, standards, procedures, or processes, and challenge implementation plans as needed.
Participate in industry forums and monitor regulatory expectations, emerging legislation and regulation, political scrutiny, litigation, and key influencers to identify and mitigate emerging risks.
Escalate financial crimes compliance and operational risks and issues to appropriate governance routines and management- or board-level committees.
Identify, aggregate, report, escalate, inspect, and challenge remediation and thematic analysis of FLU/CF-owned issues and financial-crimes-related control enhancements.
Review and challenge internal and external operational loss events, develop remediation plans to strengthen controls, and oversee appropriate resolution.
Model an inclusive environment for employees and clients aligned with company Great Place to Work goals.
Demonstrate process knowledge, operational excellence, innovation, simplicity, data-based decision making, and continuous improvement.
Communicate enterprise decisions, purpose, and results, and connect them to team strategy, priorities, and contributions.
Ensure appropriate risk discipline, controls, and culture are in place to identify, escalate, and debate issues.
Coach and provide feedback to motivate, differentiate, and improve performance.
Manage expenses and budgets in alignment with objectives and make sound financial decisions.
Assess talent and build bench strength for roles across the organization.
Deliver business outcomes by prioritizing, inspecting, and appropriately delegating team work.