Operations Consultant – Sanctions Screening
Bank of America
full-time
Posted on:
Location Type: Office
Location: Richmond • New Jersey • North Carolina • United States
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About the role
- Advises on the design, development, and implementation of complex products, systems, and services in an operations environment using discretionary judgment
- Advises on projects and directs activities of a team related to special initiatives
- Advises as a technical expert in assigned area, providing an understanding of the business unit's operations processes and implications on other groups within the operations function
- Consults on present-state, develops alternative future-state approaches, and facilitates implementations by creating a clear and coherent approach to guide effective program/initiative setup, execution, and control
- Identifies and recommends responsibilities and accountabilities for key programs/projects
- Perform sanctions reviews on a variety of different Transactions
- Ensure compliance with regulators such as OFAC (Office of Foreign Assets Control)
- Monitor queue volumes and priorities
- Communicate with different Lines of Business to retrieve information or advise of adverse decisions
Requirements
- 2+ year experience in Operations or Compliance
- Experience & knowledge of economic sanctions program requirements and disposition of sanctions alerts or extensive background with wires and/or ACH experience
- Experience in client due diligence and KYC
- Highly organized individual - Demonstrates a bias for action and a commitment to achieving sustainable results.
- Makes timely and fact based decisions
- Analytical and detail oriented. Ability to work under pressure, meet deadlines and navigate change
- Ability to work independently, as well as, within a team.
- Strong risk framework and approach.
- Ability to prioritize, use own initiative and be flexible
- Good oral and written communications skills.
- PC proficiency and excellent Keyboarding/Typing skills.
- Overtime as required.
Benefits
- Health insurance
- Goal-based incentive program
- Professional development opportunities
- Paid time off
- Employee recognition programs
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
operations managementcomplianceeconomic sanctions programclient due diligenceKYCsanctions reviewswiresACHanalytical skillsrisk management
Soft Skills
highly organizedbias for actioncommitment to resultstimely decision makingdetail orientedability to work under pressureteam collaborationflexibilitystrong communication skillsinitiative