Operations Analyst - Sanctions

Bank of America; City Of London; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading financial institution is seeking an Operations Analyst to be part of the Global Payment Operations team. You will focus on economic sanctions monitoring, implementing operational solutions, and ensuring compliance with regulations. Ideal candidates will possess strong analytical skills and a detail-oriented mindset, with the ability to work independently as well as collaboratively. This role offers comprehensive benefits and opportunities for professional development.

Benefits

Private healthcare for you and your family

Competitive pension plan

20 days of back-up childcare

Flexible benefits options

Access to emotional wellbeing helpline

Opportunity to volunteer in the community

Qualifications

• Strong analytical skills with a detail-oriented approach.
• Excellent communication skills in both written and verbal forms.
• Proficient in Microsoft Office applications.
• Ability to work independently and collaboratively.

Responsibilities

• Assist with coordination of implementation for products and services.
• Support design, documentation, and monitoring of new products.
• Provide guidance on procedural and operational changes.
• Expand business knowledge within the operations environment.
• Build relationships with partners and teammates.
• Inspect data to identify issues and trends.
• Collect and interpret data to validate processes.

Skills

Analytical mindset

Detail oriented

Excellent oral and written communication skills

Excellent computer literacy with Microsoft Office

Ability to work independently

Ability to work within a team

Job description

Overview

Job Title: Operations Analyst - Sanctions

Corporate Title: Officer

Location: Bromley

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!

Location Overview

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description

In this role you will be part of the Center of Excellence for economic sanctions monitoring and therefore part of Global Payment Operations. GPO is the central hub for Bank of America in playing a monumental and mission critical role in establishing, servicing, supporting and monitoring two of the most widely used electronic payment processing vehicles – Wire and ACH – in the financial services arena worldwide. GPO is also accountable for the SSCoE (Sanctions Screening Center of Excellence) that reviews all of Bank of America’s customers and transactions to ensure compliance with Bank of America’s Economic Sanctions Program.

In this role you will also Investigate Office of Foreign Assets Control alerts for both domestic and international consumer, commercial and wholesale bank businesses or services functions.

Responsibilities

• You will assist with coordination of implementation for products, services, and operational solutions.
• You will support the design, documentation, implementation, and monitoring of new products and services.
• You will provide guidance regarding procedural, technical, and operational changes.
• You will expand business products knowledge within operations environment.
• You will build network by developing relationships with partners and teammates.
• You will inspect data to identify issues and trends.
• You will collect and interprets data to validate operational processes.

What we are looking for

• You will have an analytical mindset and be detail oriented.
• You will have excellent oral and written communications skills.
• You will have excellent computer literacy with experience in Microsoft Office.
• You will have the ability to work independently, as well as, within a team.

Skills that will help (optional)

• Previous Economic Sanctions, AML, Wire Transaction and/or previous Compliance experience highly desired.
• Striving to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Commitment to challenging the status quo and promoting positive change will be advantageous.

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 back-up childcare including virtual tutoring and 20 days of back-up 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
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• 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 programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

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

We are an equal opportunity employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, 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.