Consumer Investments Money Movement Risk Review - Jacksonville, FL

Bank of America • Jacksonville, FL

9d • Onsite

About The Position

The Operations Risk Review Specialist is responsible for the review and approval process of low-risk retirement and retail distribution requests for Consumer Investment clients. Document control reviews are completed for both verbal and written transaction requests. Types of distribution and disbursement requests include, but are not limited to journal entries, checks, register and ship, broker transfers, and BofA to Merrill. This role relies upon a subject matter expert level of knowledge who performs review against prompt processing deadlines.

Requirements

• Proficiency with money movement internal policies and procedures
• Strong knowledge of retail and retirement investment products
• Error-free and timely processing of distribution requests
• Anticipate and mitigate financial risk, fraud and AML violations based on the nature and characteristics of each transaction
• Monitor and address risk associated with all transactions by reviewing account activity and History Messages in each transaction
• Strong ownership and resolution Qualifications
• Good organizational and time management Qualifications
• Attention to detail
• Ability to collaborate with internal business partners
• Ability to function in a fast-paced environment while maintaining composure and sound business judgment

Nice To Haves

• Customer Service
• Operations processing experience
• Merrill Distributions knowledge
• Ability to multi-task
• Knowledge of Interact / CEW / LexisNexis / NICE / CMC / NSG and/or SRP

Responsibilities

• Review and approve retail and retirement transactions
• Ensure adherence to approval procedures; must have an eye for detail and ability to effectively escalate issues in an appropriate manner

What This Job Offers

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