Bank of America
Global Financial Crimes Manager - Enterprise Monitoring & Testing Program
Bank of America, Dallas, Texas, United States, 75215
Global Financial Crimes Manager - Enterprise Monitoring & Testing Program
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!
Job Description: This job is responsible for executing substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, operational/fraud risk management requirements. The Global Financial Crime ("GFC") Manager contributes to the direction and drives the development of enterprise‑wide money laundering, economic sanctions, and fraud compliance and operational risk practices consistent with applicable laws, rules, regulations, and regulatory guidance.
This role is responsible for customer due diligence (CDD) related requirements relating to financial crimes (FC) laws, rules, regulations (LRRs) and processes that cover the U.S. and 38 non‑U.S. jurisdictions.
Responsibilities include:
Oversight of Global Financial Crimes (GFC) monitoring and testing activities performed by GFC Risk Officers for appropriate coverage, risks, actions needed, and reporting of results;
Lead discussions with the business, GCOR and GFC partners to analyze business processes and related internal controls to identify potential issues in meeting regulatory requirements or those causing increased operational risk;
Advise and/or communicate with senior leaders on areas of coverage, key risk areas and mitigation activities;
Establish, monitor and report on GFC and business metrics that are reflective of key risks;
Evaluate the risk of assigned FC issues, monitor progress and provide no objection to action plans and closure activities;
Perform review and challenges of business‑related processes;
Participate in Audits and Exams to provide Risk Manager perspective on critical issues;
Escalate FC compliance and operational risks and issues to the appropriate governance routines as required; and
Provide regular reporting on assigned areas of coverage to support GFC and FLU management and governance routines.
The selected candidate will be or will have:
A self‑motivated worker who is comfortable and effective providing guidance to junior teammates
Strong personal drive, attention to detail, individual initiative, a sense of urgency and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
Ability to successfully communicate to influence management and lead change on both strategic and tactical initiatives.
Skills:
Critical Thinking
Monitoring, Surveillance, and Testing
Regulatory Compliance
Coaching
Issue Management
Policies, Procedures, and Guidelines Management
Strategy Planning and Development
External Resource Management
Reporting
Talent Development
Required Qualifications :
Minimum of 7 years of relevant experience in financial services industry, financial crimes customer due diligence (CDD), risk management, AML compliance, regulatory compliance, operational risk management, business risk & controls, or experience in related field
Knowledge of anti‑money laundering (AML) and related AML legislation
Knowledge of CDD systems
Desired Qualifications:
Bachelor’s Degree in related field
Experience in financial services and/or a related government entity
Certified Anti‑Money Laundering Specialist (CAMS)
Experience and strong ability to work in a fast‑paced, high‑pressure environment and manage multiple priorities effectively
Strong leadership and decision‑making capabilities
Ability to influence and drive change across the organization
Age requirement: Must at least be 18 years of age.
Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.
Please note : Messages left for other purposes such as following up on an application or non‑disability related technical issues, will not receive a response.
#J-18808-Ljbffr
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!
Job Description: This job is responsible for executing substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, operational/fraud risk management requirements. The Global Financial Crime ("GFC") Manager contributes to the direction and drives the development of enterprise‑wide money laundering, economic sanctions, and fraud compliance and operational risk practices consistent with applicable laws, rules, regulations, and regulatory guidance.
This role is responsible for customer due diligence (CDD) related requirements relating to financial crimes (FC) laws, rules, regulations (LRRs) and processes that cover the U.S. and 38 non‑U.S. jurisdictions.
Responsibilities include:
Oversight of Global Financial Crimes (GFC) monitoring and testing activities performed by GFC Risk Officers for appropriate coverage, risks, actions needed, and reporting of results;
Lead discussions with the business, GCOR and GFC partners to analyze business processes and related internal controls to identify potential issues in meeting regulatory requirements or those causing increased operational risk;
Advise and/or communicate with senior leaders on areas of coverage, key risk areas and mitigation activities;
Establish, monitor and report on GFC and business metrics that are reflective of key risks;
Evaluate the risk of assigned FC issues, monitor progress and provide no objection to action plans and closure activities;
Perform review and challenges of business‑related processes;
Participate in Audits and Exams to provide Risk Manager perspective on critical issues;
Escalate FC compliance and operational risks and issues to the appropriate governance routines as required; and
Provide regular reporting on assigned areas of coverage to support GFC and FLU management and governance routines.
The selected candidate will be or will have:
A self‑motivated worker who is comfortable and effective providing guidance to junior teammates
Strong personal drive, attention to detail, individual initiative, a sense of urgency and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
Ability to successfully communicate to influence management and lead change on both strategic and tactical initiatives.
Skills:
Critical Thinking
Monitoring, Surveillance, and Testing
Regulatory Compliance
Coaching
Issue Management
Policies, Procedures, and Guidelines Management
Strategy Planning and Development
External Resource Management
Reporting
Talent Development
Required Qualifications :
Minimum of 7 years of relevant experience in financial services industry, financial crimes customer due diligence (CDD), risk management, AML compliance, regulatory compliance, operational risk management, business risk & controls, or experience in related field
Knowledge of anti‑money laundering (AML) and related AML legislation
Knowledge of CDD systems
Desired Qualifications:
Bachelor’s Degree in related field
Experience in financial services and/or a related government entity
Certified Anti‑Money Laundering Specialist (CAMS)
Experience and strong ability to work in a fast‑paced, high‑pressure environment and manage multiple priorities effectively
Strong leadership and decision‑making capabilities
Ability to influence and drive change across the organization
Age requirement: Must at least be 18 years of age.
Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.
Please note : Messages left for other purposes such as following up on an application or non‑disability related technical issues, will not receive a response.
#J-18808-Ljbffr