Global Financial Crimes Investigations Manager

Bank of America•Tampa, FL

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 role-specific flexibility based on responsibilities and business needs. This position executes substantive money laundering, economic sanctions, and fraud compliance and operational risk practices. It works directly or through compliance officers for Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, and operational and fraud risk management requirements. The role may also manage associates and carries the associated responsibilities for inclusion, process and data management, communication, risk discipline, coaching, financial stewardship, talent development, and delivery of business outcomes.

Requirements

Minimum of seven years of relevant experience.
Knowledge of anti-money laundering (AML) and related AML legislation.

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).
Skills: 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.

Responsibilities

Advise and direct development and maintenance of financial crimes-owned policies and standards, and review relevant FLU/CF-owned policies and standards to ensure regulatory requirements and operational risks are appropriately addressed.
Produce or oversee independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) senior leaders and FLU/CF senior leaders.
Monitor regulatory changes applicable to Global Financial Crimes; advise business leaders, direct appropriate areas 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-related 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 control enhancements related to financial crimes.
Review and challenge internal and external operational loss events, including development of remediation plans to strengthen controls and oversight to ensure issues are addressed appropriately.
Model an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
Demonstrate process knowledge, operational excellence, and innovation through simplicity, data-based decision making, and continuous improvement.
Communicate enterprise decisions, purpose, and results, and connect them to team strategy, priorities, and contributions.
Ensure proper risk discipline, controls, and culture are in place to identify, escalate, and debate issues.
Provide inspection, coaching, and feedback to motivate, differentiate, and improve performance.
Actively 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 results by effectively prioritizing, inspecting, and appropriately delegating team work.