• Job Description

  Req#: 24000193

  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:

  Senior AML Operations analyst role supports Global Banking & Markets Onboarding. Processes and analyzes Know Your Customer (KYC) Information. Performs enhanced due diligence as required by AML policy. The person who assumes this role will execute on Government Regulations & Internal Enterprise Standards. Required ongoing training and full understanding of standards, controls, and metrics from compliance partners. This role provides analytical review in executing all Customer Due Diligence requirements.

  The strongest candidates will have a passion for problem solving, great partnership, deep operational subject matter expertise, and the ability to communicate crisply and candidly across all levels of the Business. Responsible for providing analytical support to business partners during the client onboarding / Know Your Customer process within the GBAM Line of Business. Conduct end-to-end onboarding and due diligence review for all new clients and routine maintenance reviews for existing clients. Ensure client validation data comply with Federal law and internal Enterprise CDD standards by utilizing legal documentation and third party sources. Must maintain subject matter expertise of the Anti-Money Laundering laws and CDD regulations to provide guidance and on-going teaching of the KYC compliance requirements to Front Office business partners. Resolve complex operations support problems/initiatives requiring coordination with multiple product / services specialists. May assist in managing projects and/or introduction of new initiatives, systems, products and services and processes coordination across multiple operations functions. Candidate will act as workflow coordinator and handle reporting initiatives within the scope of the role.

  Required Skills:

  • Strong analytical skills with the ability to collect and verify significant amounts of information with attention to detail and accuracy
  • Background knowledge of Anti-Money Laundering, Compliance, & Risk
  • Strong verbal and written communication skills
  • Advance in Microsoft Office Suite – Excel & Power point with a focus in Microsoft excel
  • Excellent organizational and time management skills including the capability to handle multiple tasks with competing deadline
  • Ability to problem-solve and take ownership
  • Ability to work in a team environment
  • Comparable work experience or College degree (Associates or higher)
  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solution
  • Excels in working among diverse viewpoints to determine the best path forward
  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
  • Commitment to challenging the status quo and promoting positive change
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

  Desired Skills:

  • CAMS Certification
  • Business, Finance, Accounting, Economics, or similar major preferred
  • Basic understanding of and/or experience in financial service industry

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

• 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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