Global Financial Crimes Specialist
About The Position
The Global Financial Crimes (GFC) Specialist is part of the Institutional Surveillance team within the Financial Intelligence Unit (FIU) – Surveillance team. The team identifies and mitigates new and emerging financial crime and money laundering risks across institutional clients, products, and services. It uses research and data analytics to build and execute manual surveillance routines, detect potentially suspicious activity, and refer cases to Financial Crimes Investigations (FCI). The specialist supports financial-crimes policies and standards, regulatory change management, risk reporting, risk coverage planning, surveillance, monitoring, testing, and risk assessments. The role analyzes institutional clients and related products and services, identifies emerging risks, escalates issues through appropriate governance channels, and collaborates with internal partners to address complex threats. The position is based at Bank of America Tower in New York, New York, and is a first-shift role with a 40-hour workweek.
Requirements
- Minimum of 3–5 years of Anti-Money Laundering experience in banking, law enforcement, intelligence, government, or the military.
- Bachelor’s degree or equivalent experience.
- Understanding of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), OFAC, and other regulatory requirements governing financial-crimes activities.
- Understanding of markets or institutional-related products and services.
- Ability to produce clear, concise, well-organized written analyses, including investigative summaries, white papers, and executive-level communications.
- Must complete a writing assessment demonstrating the ability to analyze information and prepare a clear, professional written summary.
- Self-motivated and comfortable working effectively with varying levels of guidance.
- Proficient in Microsoft Office products.
Nice To Haves
- Law-enforcement background or similar experience at a government agency.
- Proficiency in SQL, Python, or Tableau, or a strong desire to learn these tools.
- Certified Anti-Money Laundering Specialist (CAMS).
Responsibilities
- Support development and maintenance of financial-crimes-owned policies and standards, and review relevant Front Line Units/Control Functions-owned policies and standards to ensure regulatory requirements and operational risks are addressed.
- Assist in producing independent financial-crimes risk-management reporting.
- 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.
- Contribute to risk coverage plans.
- Identify trends, anomalies, and emerging risks.
- Build and execute manual surveillance routines to address identified risks.
- Execute independent risk monitoring, testing, and risk assessments.
- Escalate financial-crimes-related risks and issues to appropriate governance routines and management- or board-level committees.
- Analyze and monitor institutional clients and related products and services to detect potential financial-crime risks.
- Generate case referrals to Financial Crimes Investigations (FCI).
- Partner with FIU – Detection, FCI, GCOR, Legal, and other business partners and stakeholders to address complex or emerging threats, including providing guidance on long-term model or automated detection solutions.
- Stay current on money-laundering typologies, trends, and red flags.
Benefits
- Industry-leading benefits; the role is currently benefits eligible.
- Access to paid time off.
- Eligible to participate in the annual discretionary incentive plan, with awards based on individual performance and behaviors, line-of-business and/or group performance, and overall company success.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
