Bank of America
AML Refresh Operations - Ops Sr. Analyst MKTS
Bank of America, Chandler, Arizona, United States, 85249
AML Refresh Operations - Ops Sr. Analyst MKTS
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. This role is responsible for providing moderately complex research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business.
Responsibilities
Conduct client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines.
Review refresh requirements for assigned jurisdiction in line with related Client Identification Profile (CIP)/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.
Liaise with sales/client outreach teams to obtain and validate correct documentation to fulfill refresh requirements.
Perform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all refresh requirements are met.
Ensure all jurisdictional regulatory requirements related to KYC are adhered to.
Support business with KYC related queries and requests.
Participate in remediation, internal/external audits (where applicable).
Maintain accuracy of client portfolio using internal and external comparison tools.
Perform research and conduct moderately complex analyses using established techniques, including transactions that require special handling and exception handling.
Explore methods to enhance processes, further reduce risks, and boost client experience.
Partner with colleagues on the trade and sales support teams, as well as external agents.
Create reports and liaise with internal partners to ensure proper client reporting and assist with regulatory reporting.
Escalate potential risks and exposures to manager in a timely manner.
Assist with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions.
Job Requirements
2+ years of financial services experience.
Excellent verbal and written communications skills.
Documented experience performing in a process-oriented production environment that changes periodically.
Familiar with MS Office Suite (Excel/Word/Outlook/Access).
Work in a team environment.
Organize work, prioritize tasks and handle multiple assignments simultaneously.
Successfully meet tight deadlines while ensuring data accuracy and integrity.
Work and execute with minimal supervision or remote management.
Skills
Attention to Detail
Critical Thinking
Data Collection and Entry
Recording/Organizing Information
Research
Fraud Management
Interpret Relevant Laws, Rules, and Regulations
Problem Solving
Quality Assurance
Risk Management
Adaptability
Customer and Client Focus
Prioritization
Result Orientation
Written Communications
Shift 1st shift (United States of America)
Hours Per Week 40
Seniority level Mid-Senior level
Employment type Full-time
Job function Management and Manufacturing
Industries Banking
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Responsibilities
Conduct client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines.
Review refresh requirements for assigned jurisdiction in line with related Client Identification Profile (CIP)/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.
Liaise with sales/client outreach teams to obtain and validate correct documentation to fulfill refresh requirements.
Perform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all refresh requirements are met.
Ensure all jurisdictional regulatory requirements related to KYC are adhered to.
Support business with KYC related queries and requests.
Participate in remediation, internal/external audits (where applicable).
Maintain accuracy of client portfolio using internal and external comparison tools.
Perform research and conduct moderately complex analyses using established techniques, including transactions that require special handling and exception handling.
Explore methods to enhance processes, further reduce risks, and boost client experience.
Partner with colleagues on the trade and sales support teams, as well as external agents.
Create reports and liaise with internal partners to ensure proper client reporting and assist with regulatory reporting.
Escalate potential risks and exposures to manager in a timely manner.
Assist with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions.
Job Requirements
2+ years of financial services experience.
Excellent verbal and written communications skills.
Documented experience performing in a process-oriented production environment that changes periodically.
Familiar with MS Office Suite (Excel/Word/Outlook/Access).
Work in a team environment.
Organize work, prioritize tasks and handle multiple assignments simultaneously.
Successfully meet tight deadlines while ensuring data accuracy and integrity.
Work and execute with minimal supervision or remote management.
Skills
Attention to Detail
Critical Thinking
Data Collection and Entry
Recording/Organizing Information
Research
Fraud Management
Interpret Relevant Laws, Rules, and Regulations
Problem Solving
Quality Assurance
Risk Management
Adaptability
Customer and Client Focus
Prioritization
Result Orientation
Written Communications
Shift 1st shift (United States of America)
Hours Per Week 40
Seniority level Mid-Senior level
Employment type Full-time
Job function Management and Manufacturing
Industries Banking
#J-18808-Ljbffr