• Job Description

  Req#: 25012301

  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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

  Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

  At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

  Job Description:
  This job is responsible for conducting routine to complex investigations at the bank to generate information relative to current or prospective bank customers, employees, and/or applicants. Key responsibilities include leading investigations for task forces or special projects that represent significant loss exposure and identifying significant issues and control weaknesses to make recommendations to line management that minimize exposure or loss.

  Responsibilities:

  • Leads investigations by performing checks to identify significant issues and control weaknesses to minimize Line of Business risk exposure
  • Prepares, reports, and summarizes investigation findings to internal business partners to assist in making hiring and credit decisions
  • Analyzes, evaluates, and makes recommendations to management on investigations that present significant risk exposure to the bank
  • Leverages proprietary databases such as public records and third-party sources to conduct credit, criminal, education, and employment checks to support employment eligibility decisions
  • Identifies internal control weaknesses or process vulnerabilities in Screening Services and recommends solutions to drive operational excellence
  • Interprets data to draw conclusions and support decision-making during investigations

  Required Qualifications

  • Relevant experience in researching, interpreting, and analyzing data from a variety of sources in order to gain new facts and draw conclusions.
  • Ability to research Federal and state statutes and regulations relating to background screening.
  • Strong working knowledge of FDIC/FINRA/Dodd Frank regulatory issues.
  • Ability to read and interpret technical and legal information.
  • Proven ability to ensure service level agreements are met or exceeded.
  • Ability to work independently with little supervision
  • Proven ability to handle highly sensitive information and maintain confidentiality.
  • Excellent written and oral communications skills
  • 2+ Years relevant experience and/or education in law, pre-employment background screening or investigations.

  Desired Qualifications

  • Previous investigative experience in banking, public record research, audit or risk management
  • Prior experience as paralegal or similar role with current knowledge of interpreting criminal law and court case results
  • Prior experience or knowledge in credit
  • Foreign language fluency
  • Bachelor’s degree or higher in criminal justice

  Skills:

  • Adaptability
  • Attention to Detail
  • Data Collection and Entry
  • External Resource Management
  • Research
  • Decision Making
  • Due Diligence
  • Fraud Management
  • Interpret Relevant Laws, Rules, and Regulations
  • Written Communications
  • Collaboration
  • Customer and Client Focus
  • Issue Management
  • Networking
  • Relationship Building

  Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

  Pay Transparency details

  US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - RI - Riverside - 3400 Pawtucket Ave - East Providence Call Center (RI1530)

  Pay and benefits information

  Pay range

  $62,200.00 - $94,400.00 annualized salary, offers to be determined based on experience, education and skill set.

  Discretionary incentive eligible

  This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

  Benefits

  This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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