GFC Financial Intelligence Unit – Detection - Customer Risk Assessment and List Management

Bank of America; City Of London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A global financial institution seeks a Director for the Financial Intelligence Unit focused on Customer Risk Assessment and List Management. The ideal candidate will have extensive regulatory compliance experience in Global Banking and Markets and hold relevant certifications. This role offers competitive benefits including private healthcare and flexible benefits packages, while ensuring a diverse and inclusive workplace.

Benefits

Private healthcare

Competitive pension plan

Employee Assistance Program

Charitable donation matching

Arts & Culture membership discounts

Qualifications

• Extensive experience in risk and compliance at a major global bank.
• Ability to drive end-to-end changes including models and technology.
• Experience with regulatory remediation efforts related to CRA/LM.

Responsibilities

• Oversee modernization and enhancement of CRA/LM technology.
• Manage regulatory remediation efforts across all regions.
• Partner with key stakeholders within the Bank on risk strategy.

Skills

Customer risk strategy

Global Banking and Global Markets risk experience

AML/financial crime compliance

Education

CAMS Certification

CFE Certification

CRCM Certification

Job description

Job Description:

Job Title: GFC Financial Intelligence Unit – Detection - Customer Risk Assessment and List Management

Location: London, Dublin, Chester or Bromley

Corporate title: Director

Company Overview:

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!

Responsibilities:

1. Bringing subject matter expertise and experience in running the model, system, and business operational components of our Enterprise Customer Risk Assessment and List Management functions for the Bank.
2. This role will also help to specify the requirements for, and oversee the modernization and enhancement of our CRA/LM technology, and incorporate automation in the FIU-Detection functions and processes that support those functions.
3. This job is responsible for managing, supporting, and executing our regulatory remediation efforts related to CRA/LM across all regions, including BAU processes and execution, remediation tracking, action plan closure documentation, and automation design and development.
4. The role will be partnering across the Bank and Enterprise with key stakeholders and executives within the First Line Units and Regional Teams.

What we are looking for:

1. The right level of acumen and authority to drive the customer risk strategy, enforce upstream change requirements with partners, and drive/execute the end-to-end changes including models and technology.
2. Extensive Global Banking and Global Markets risk and compliance experience at a major global bank.
3. AML/financial crime regulatory and compliance experience.
4. CAMS, CFE, CRCM Certification a plus.

Benefits of working at Bank of America:

UK:

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
• Competitive pension plan, life assurance, and group income protection cover if you become unable to work as a result of a disability or health reasons.
• 20 days of backup childcare including access to school holiday clubs and 20 days of backup adult care per annum.
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, etc.
• Access to an emotional wellbeing helpline, mental health first aiders, and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters.
• Ability to donate to charities of your choice directly through payroll, and the bank will match your contribution.
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills, and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favorable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, color, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependents, or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.