Associate; Global Financial Crimes Specialist

DUTIES: Supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards. Supporting 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. Assisting in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders. Assisting in the monitoring of 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. Remote work may be permitted within a commutable distance from the worksite.REQUIREMENTS: Bachelor's degree or equivalent in Business Administration, Finance, Economics, or related: and 5 years of progressively responsible experience in the job offered or a related Finance occupation. Must include 5 years of experience in each of the following: Reviewing internal and external operational loss events and developing remediation plans to strengthen controls and provide oversight; Escalating financial-crime compliance and operational risk issues through established governance routines and management-level committees; Conducting sanctions-related research using Accuity, Kharon, and Bloomberg to assess issues and potential exposure; and Identifying, aggregating, reporting, and escalating sanctions issues, including remediation tracking, analysis, and control enhancement efforts related to financial crimes. In the alternative, the employer will accept a Master's degree and 3 years of experience.Requisition 26037596. If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] and reference the job title of the role and requisition number. No phone calls. EOE.