Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

This job is responsible for leading and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include executing LOB or ECF processes and tools to drive adherence to enterprise-wide standards. Job expectations include supporting the implementation of quality assurance and quality control processes within the LOB or ECF through ongoing monitoring and testing of controls, identifying issues and control improvements for remediation, and building out actions plans and milestones.

Line of Business Job Description:

The Global Banking & Global Markets Anti-Money Laundering (GBGM AML) organization is a central control function which governs, facilitates, and oversees the global end-to-end GBGM AML program across all GBGM businesses and jurisdictions through implementation of processes and controls to effectively manage AML and economic sanctions risks.

The GB/GM AML Governance team covers refresh (periodic review) as its core activity and is looking to hire someone into a Business Control Manager role, to collaborate with many teams including GB/GM Sales COOs, Refresh team, GFC and Reporting and Technology teams. You will be instrumental in formulating ideas and developing processes in order to streamline the GB/GM KYC (Know Your Customer) Refresh Process.

Responsibilities:

• Leads the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
• Performs monitoring and testing of controls, identifying issues and control improvements for remediation
• Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
• Manages the performance and productivity of team members that conduct quality inspection reviews
• Ensures timely execution of QA activities including control execution, case management, and results reporting
• Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
• Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting
• Identify opportunities for process improvements and efficiency and engage in strategic and industry change initiatives
• Collaborating with Stakeholders in the AML space to design and develop processes and reporting that will aid in streamlining the GBGM AML Refresh Process
• Preparing documentation for the tracking, monitoring, and raising of risk related issues to management
• Manage the GBGM AML Governance process for the refresh population
• Ability to assess, consolidate, and organize detailed data into executive level governance materials
• Effectively partner with audit teams in supplemental data assessment as well as aid in developing artifacts that will serve as evidence
• Developing targets and efficiency matrix to indicate progress made of the refresh cycle
• Will play an important role to safeguard interest of the bank by supporting AML compliance within GBGM.

Required Qualifications:

• Experience in a governance role
• Proficient with MS Excel and MS PowerPoint
• Understanding of AML KYC/CDD policies and requirements
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
• Highly motivated, proactive and a self-starter; strong sense of ownership & ability to create and execute plans without daily oversight
• Ability to manage multiple projects at once by prioritization and meeting deadlines
• Must be flexible and have experience working in a fast paced & high pressure environment
• Ability to challenge the status quo, produce appropriate changes and implement goals in order to effectively manage the AML Governance processes

Skills:

• Controls Management
• Oral Communications
• Risk Management
• Stakeholder Management
• Strategy Planning and Development
• Continuous Improvement
• Drives Engagement
• Influence
• Strategic Thinking
• Talent Development
• Data and Trend Analysis
• Decision Making
• Monitoring, Surveillance, and Testing
• Problem Solving
• Quality Assurance

Shift:

Hours Per Week: