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Bank of America

GFC Investigator – Commercial (AML/Fraud)

Bank of America, Charlotte, North Carolina, United States, 28245

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Job Description Join to apply for the

GFC Investigator – Commercial (AML/Fraud)

role at

Bank of America

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Responsibilities

Conduct end-to-end investigations of external financial crimes activities across one or more lines of business.

Review and analyze investigations, while identifying enhancements to ensure cases meet or exceed closure and quality metrics.

Review Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement.

Report facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks and partnering with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) to resolve investigations.

Perform quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role.

Support the identification of improvements to the investigations and case assignment processes to enhance the effectiveness of investigative procedures.

Participate 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.

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

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