Global Financial Crimes Investigator - Consumer

Bank of America • Tampa, FL

19h

About The Position

At Bank of America, the Global Financial Crimes Investigator performs end-to-end investigations or investigation support functions for external financial crimes across one or more lines of business. The role investigates routine to complex activity, including external-party fraud, money laundering, and terrorist financing, and may act as a liaison to law enforcement.

The Investigator completes investigations while meeting or exceeding closure and quality metrics, reports investigative facts to help identify operational or compliance risks, and prepares timely and accurate Suspicious Activity Reports (SARs) for regulators and/or law enforcement. The position may sit within investigation teams serving consumer or client-managed lines of business or specialized investigations, and may partner with GFC Risk Management, front-line units, and other stakeholders. The Investigator maintains working knowledge of the BSA, USA PATRIOT Act, AML efforts, OFAC, and industry best practices.

Requirements

• Minimum of five years of relevant experience.
• The posting also states “3 years’ experience with 1 year of relevant experience with, AML, Risk, or Compliance experience and/or knowledge of financial crimes typologies.”
• BSA knowledge relative to AML.
• Proficiency in Microsoft Excel and data analytics.

Nice To Haves

• Financial services and/or related government entity experience.
• ACAMS (Association of Certified Anti-Money Laundering Specialists) certification or Certified Anti-Money Laundering Specialist (CAMS).
• FINRA licenses such as the SIE, Series 7, Series 4, or Series 24.
• Law enforcement experience and/or experience interacting with law enforcement.
• Bilingual ability in Spanish, Russian, Chinese/Mandarin, and/or Farsi.
• Bachelor’s degree in a related field.

Responsibilities

• Complete investigations while ensuring cases meet or exceed closure and quality metrics.
• Prepare timely and accurate Suspicious Activity Reports (SARs) for submission to regulators and/or law enforcement.
• Report investigative facts to senior stakeholders to help identify potential operational or compliance risks, and partner with GFC Management and/or Front Line Units to resolve investigations.
• Perform investigative support functions such as quality control, training, communications, guidance, monitoring scenario development or enhancement input and testing, and law enforcement liaison duties.
• Manage a significant case inventory, prioritize cases based on risk and/or management direction, and adhere to department Service Level Agreements (SLAs).
• Research and analyze transaction information, customer data, public records, social media platforms, and other external research tools to assess whether activity appears normal for the client type.
• Communicate with GFC Management, front-line units, other internal stakeholders, and law enforcement to obtain information and documentation needed to resolve investigations.
• Recommend appropriate follow-up and possible account closure for customers exceeding the Bank’s risk tolerance, and identify and escalate potential operational or compliance risks.

Benefits

• The company describes support for teammates’ physical, emotional, and financial wellness, recognition and rewards for performance, and opportunities to learn and grow.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed