Global Financial Crimes Manager
Bank of America
full-time
Posted on:
Location Type: Office
Location: New York City • New Jersey, New York • 🇺🇸 United States
Visit company websiteSalary
💰 $105,000 - $170,000 per year
Job Level
SeniorLead
Tech Stack
HadoopPythonSQL
About the role
- Support the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices
- Assist Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks
- Partner in and contribute to the oversight of the Company's Global Financial Crimes Program
- Direct the development and maintenance of financial crimes policies and standards
- Produce and/or oversee independent financial crimes risk management reporting
- Establish, monitor and report on risk tolerance metrics
- Monitor regulatory changes applicable to financial crimes
- Advise Senior Leaders on key regulatory developments in BSA/AML laws
- Design monitoring and testing routines to identify potential AML risks
- Conduct targeted risk assessments to identify emerging financial crimes risks
- Engage directly with Audit to provide advice on Front Line Units Audits
- Participate in Regulatory Meetings and Exams to provide Risk Manager perspective on critical issues
- Identify, aggregate, report, and escalate financial crimes related compliance and operational risks
Requirements
- Minimum 7 years of relevant experience in financial services industry, preferably broker/dealer experience
- Minimum 5 years experience working in anti-money laundering (AML), compliance, audit, risk or a process/controls focused position
- Knowledge of anti-money laundering (AML) and related AML legislation
- Understanding of risk operations, including back office support of the risk business function and executing transactions
- Motivated, self-starter
- Bachelor’s Degree in related field preferred
- Proficiency in Python, R, or SQL, with experience in coding detection techniques for AML scenarios used in financial crime investigations
- Working knowledge of big data technologies (e.g. Hadoop) a plus
- Proven process design and project management skills
- Proficient in Microsoft Office Products including advanced knowledge of Excel
- Must be fluent in English.
Benefits
- Industry-leading benefits
- Access to paid time off
- Resources and support to employees for personal impact
- Opportunities to contribute to sustainable growth
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
PythonRSQLbig data technologiesprocess designproject managementfinancial crimes risk managementAML detection techniquesrisk tolerance metricsregulatory compliance
Soft skills
motivatedself-startercommunicationcollaborationadvisory skills