Global Financial Crimes Specialist
Bank of America
Global Financial Crimes Manager
Bank of America
full-time
Posted on:
Location Type: Office
Location: Charlotte • Arizona, North Carolina, Texas • 🇺🇸 United States
Visit company websiteJob Level
SeniorLead
Tech Stack
PythonSQLTableau
About the role
- Supports the development and execution of reporting to allow Risk and business partners to effectively identify and manage risk
- Analyzes trends and supports the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies
- Provides analytical support on various product strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met
- Participates in the development of database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data
- Supports with responding to complex ad-hoc requests for information from both internal and external parties
- Provides support on cross-functional efforts to remediate data quality issues
- Monitors the outputs of controls and investigates alerts from the control checks
- Assists with process improvement initiatives and automation
- Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
- Produces and/or oversees independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
- Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
- Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks
- Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
- Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
- Reviews and challenges internal and external operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately
Requirements
- Minimum of seven years of relevant experience
- 2 plus years of experience in analytics and reporting
- Experience with SAS, Python, R, or similar statistical software
- Experience with data visualization tools like Tableau or similar
- Data Mining experience using SQL/SAS querying
- Alteryx experience
- Bachelor’s Degree in related field (desired)
- Certified Anti-Money Laundering Specialist (CAMS) (desired)
Benefits
- Health insurance
- Retirement plans
- Paid time off
- Flexible work arrangements
- Professional development
- Wellness programs
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
analyticsreportingdata miningdata visualizationstatistical softwareSQLSASPythonRprocess improvement
Soft skills
analytical supportcross-functional collaborationcommunicationproblem-solvingadvisory skillsmonitoringinvestigationoversightescalationremediation
Certifications
Certified Anti-Money Laundering Specialist (CAMS)