Bank of America
GFC Investigator (Brokerage - AML/Fraud)
Bank of America, Jersey City, New Jersey, United States, 07390
Overview
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Role The Global Financial Crimes Compliance (GFCC) Investigator performs end-to-end investigations across one or more lines of business relevant to the investigator’s area of responsibility, specifically focused on Special Investigations, Global Markets, or Global Wealth and Investment Management. In the investigative role, the Investigator conducts complex investigations, including fraud committed by external parties, securities fraud, money laundering, or terrorist financing. Responsibilities for this role include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts of the investigation to assist in identifying potential operational or compliance risks, and completing Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement. This role may partner with GFCC Risk Management, front line units or other stakeholders to resolve investigations. This role ultimately reports to investigations teams responsible for coverage over Special Investigations, Global Markets, or Global Wealth and Investment Management.
Responsibilities
Completes investigations while overseeing cases meet or exceed closure and quality metrics
Completes 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
Required Qualifications
Minimum 5 years' experience in financial products & services
1 year experience with AML, Risk, or Compliance experience and/or knowledge of financial crimes typologies
FINRA licenses including the SIE or Series 7 at minimum, or related experience
Knowledge related to retail and/or institutional brokerage products and services and applicable compliance rules and regulations
BSA knowledge relative to AML or Fraud
Proficiency in Microsoft Excel / data analytics
Self-starter capable of analyzing and reporting independently
Communications, attention to detail, research/investigative knowledge
Desired Qualifications
Series 4, Series 24 licenses preferred
Ability to analyze and manipulate large data sets
Interaction with Front Line Units & Customers/Clients
Bachelor's Degree in related field
Experience in financial services and/or a related government entity
Certified Anti-Money Laundering Specialist (CAMS)
Skills
Critical Thinking
Fraud Management
Regulatory Compliance
Written Communications
Investigation Management
Policies, Procedures, and Guidelines Management
Reporting
Risk Management
Coaching
Issue Management
Talent Development
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
Trading & Transaction Patterns (inc. Transaction Monitoring)
Shift 1st shift (United States of America)
Hours Per Week 40
Pay Transparency details US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - NJ - Jersey City - 525 Washington Blvd (NJ2525), US - NJ - Pennington - 1600 American Blvd - Hopewell Bldg 6 (NJ2600)
Pay range $68,500.00 - $100,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits: This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
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Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Role The Global Financial Crimes Compliance (GFCC) Investigator performs end-to-end investigations across one or more lines of business relevant to the investigator’s area of responsibility, specifically focused on Special Investigations, Global Markets, or Global Wealth and Investment Management. In the investigative role, the Investigator conducts complex investigations, including fraud committed by external parties, securities fraud, money laundering, or terrorist financing. Responsibilities for this role include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts of the investigation to assist in identifying potential operational or compliance risks, and completing Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement. This role may partner with GFCC Risk Management, front line units or other stakeholders to resolve investigations. This role ultimately reports to investigations teams responsible for coverage over Special Investigations, Global Markets, or Global Wealth and Investment Management.
Responsibilities
Completes investigations while overseeing cases meet or exceed closure and quality metrics
Completes 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
Required Qualifications
Minimum 5 years' experience in financial products & services
1 year experience with AML, Risk, or Compliance experience and/or knowledge of financial crimes typologies
FINRA licenses including the SIE or Series 7 at minimum, or related experience
Knowledge related to retail and/or institutional brokerage products and services and applicable compliance rules and regulations
BSA knowledge relative to AML or Fraud
Proficiency in Microsoft Excel / data analytics
Self-starter capable of analyzing and reporting independently
Communications, attention to detail, research/investigative knowledge
Desired Qualifications
Series 4, Series 24 licenses preferred
Ability to analyze and manipulate large data sets
Interaction with Front Line Units & Customers/Clients
Bachelor's Degree in related field
Experience in financial services and/or a related government entity
Certified Anti-Money Laundering Specialist (CAMS)
Skills
Critical Thinking
Fraud Management
Regulatory Compliance
Written Communications
Investigation Management
Policies, Procedures, and Guidelines Management
Reporting
Risk Management
Coaching
Issue Management
Talent Development
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
Trading & Transaction Patterns (inc. Transaction Monitoring)
Shift 1st shift (United States of America)
Hours Per Week 40
Pay Transparency details US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - NJ - Jersey City - 525 Washington Blvd (NJ2525), US - NJ - Pennington - 1600 American Blvd - Hopewell Bldg 6 (NJ2600)
Pay range $68,500.00 - $100,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits: This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
#J-18808-Ljbffr