Logo
Bank of America

GFC Investigator – Commercial (AML/Fraud)

Bank of America, Pennington, New Jersey, us, 08534

Save Job

Join to apply for the

GFC Investigator – Commercial (AML/Fraud)

role at

Bank of America Base pay range Base pay range

$68,500.00/yr - $100,000.00/yr Job Description

This job is responsible for performing end-to-end investigations or investigations support functions of external financial crimes activities across one or more lines of business. Key responsibilities include conducting routine to complex investigations, including fraud committed by external parties, money laundering, or terrorist financing and acting as the liaison to Law Enforcement as required. Job expectations include providing coaching and inputs to investigators to improve case quality, ensure all cases are sufficiently investigated and findings are adequately documented. Responsibilities

Reviews, analyzes, and makes recommendations on investigations, while identifying enhancements to ensure cases meet or exceed closure and quality metrics Reviews Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement Reports facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks and partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) to resolve investigations Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role Supports the identification of improvements to the investigations and case assignment processes to enhance the effectiveness of investigative procedures Participates in the case assignment process to distribute work across the investigative team Skills

Coaching Fraud Management Quality Assurance Regulatory Compliance Investigation Management Policies, Procedures, and Guidelines Management Risk Management Issue Management Reporting Written Communications Preferred Technical Skills

Risk Identification & Assessment Line of Business (LoB) Products, Services & Acumen Risk Governance & Reporting Financial Crimes Risk Programs Enhanced Due Diligence Customer Due Diligence Regulatory Knowledge Case Investigations & Resolution High Risk Activities & Typologies Required Qualifications

Minimum 5 years' experience in anti-money laundering (AML), financial crimes investigations, including consumer or complex investigations Proficiency in Microsoft Excel is needed Strong writing skills / report writing (SARs) Desired Qualifications

Bachelor's Degree in related field Effective communication skills Experience in financial services and/or a related government entity Certified Anti-Money Laundering Specialist (CAMS) Certifications: ACAMS – Association of Certified Anti-Money Laundering Specialists Shift

1st shift (United States of America) Hours Per Week

40 Seniority level

Mid-Senior level Employment type

Full-time Job function

Other, Information Technology, and Management Industries Banking End of refined description.

#J-18808-Ljbffr