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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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 providing moderately complex research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Responsibilities:

Maintains accuracy of client portfolio using internal and external comparison toolsPerforms research and conducts moderately complex analyses using established techniques, including transactions that require special handling and exception handlingExplores methods to enhance processes, further reduce risks, and boost client experiencePartners with colleagues on the trade and sales support teams, as well as external agentsCreates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reportingEscalates potential risks and exposures to manager in a timely mannerAssists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions

Required Qualifications:

Microsoft Excel experience

Desired Qualifications:

Familiarity with the full Microsoft Office Suite, including Word, Outlook and AccessExperience with data analysis, including maintaining databases, collecting data, filtering and cleaning data, identifying patterns, interpreting data and presenting findingsAssociate’s Degree or higher with a major in business, finance, accounting, economics or a related fieldExperience in the financial services industry​

Skills:

Attention to DetailCritical ThinkingData Collection and EntryRecording/Organizing InformationResearchFraud ManagementInterpret Relevant Laws, Rules, and RegulationsProblem SolvingQuality AssuranceRisk ManagementAdaptabilityCustomer and Client FocusPrioritizationResult OrientationWritten Communications

Line of Business Job Description

The Global Banking & Global Markets Anti-Money Laundering organization is a central control function which governs, facilitates, and oversees the end-to-end AML program across all businesses and jurisdictions globally. The High-Risk Detection Team is part of AML Operations supporting Global Banking and Global Markets businesses which is designed to manage high risk through ongoing monitoring and due diligence.

Responsibilities:

Primary responsibilities include:

Review client and party screening for determination of adherence to Global Laws, Rules, and RegulationsManage complex client types and collection of enhanced due diligenceComplete analysis and/or reviews of clients who fall under the purview of High-Risk Detection TeamSupport Audit, Exam and/or Testing processes, ensure proper governance and protocol is followed; assist with preliminary research and response trackingProvide solutions to help with implementation of process improvements or remediation plans to drive efficiencies and demonstrate control sustainabilityCoordinate and partner across other support teams and stakeholders to ensure end-to-end process engagement and timely resolution of monitoring casesReview client and party screening for determination of adherence to Global Laws, Rules, and RegulationsManage complex client types and collection of enhanced due diligenceComplete analysis and/or reviews of clients who fall under the purview of High-Risk Detection TeamSupport Audit, Exam and/or Testing processes, ensure proper governance and protocol is followed; assist with preliminary research and response trackingProvide solutions to help with implementation of process improvements or remediation plans to drive efficiencies and demonstrate control sustainabilityCoordinate and partner across other support teams and stakeholders to ensure end-to-end process engagement and timely resolution of monitoring casesProactive in risk identification and mitigation through activity monitoring processes proactive in risk identification and mitigation through activity monitoring processes

Requirements:

Experience interacting with AML/KYC, compliance, senior bankers and senior managementBachelor’s degree in related field or equivalent experienceDetail oriented with ability to analyze and consolidate complex KYC and screening information. Understanding of evolving Laws, Rules and Regulations for AML is core and applying this to day-to-day-engagement with both operations and bankers is key to successAbility to work well under pressure, adapt to unexpected events, prioritize and multi-task in a fast-paced deadline driven environment

Other Qualifications:

Strong written and verbal communication skillsProficient in Microsoft Office applications, including Excel, Word, and SharePointWorking knowledge of Global Banking & Global Markets and applicable systems/toolsACAMS accreditation

Shift:

1st shift (United States of America)

Hours Per Week: 

40