Assistant Vice President, AML Refresh Operations

Bank of America; Taguig; On-site; PHP 700,000 - 1,100,000; Full time

Job summary

Bank of America in Metro Manila (Taguig) seeks an AML/KYC professional to support thePeriodic Refresh/Review activities, ensuring regulatory compliance and timely completions. You will perform document gap analyses, CKYC processes, and participate in audits and remediation efforts while coordinating with cross-functional teams.

The role requires 5–7 years in AML/KYC, knowledge of corporate KYC regulations, and strong MS Office skills.

Qualifications

• 5-7 years of experience in AML/KYC.
• Certified AML Specialist (CAMS) or similar certification preferred.

Responsibilities

• Perform document gap analysis and ensure regulatory compliance.

Skills

AML/KYC knowledge

Regulatory knowledge

CAMS certification (preferred)

Self-starter

Interpersonal skills

Communication skills

Collaboration

Tools

Microsoft Excel

PowerPoint

Word

Job description

Overview

The Periodic Refresh Team is a part of Global Banking & Global Markets Operations. The team ensures that Periodic Refresh reviews are completed within stipulated timelines according to dynamic risk ratings, works with refresh analysts worldwide, and ensures corporate client regulations are satisfied. The team also supports processes such as document gap analysis, document reviews, and enrichment of cases, and participates in internal and external audits, regulatory submissions, and provides refresh data points to relevant stakeholders.

Responsibilities

• Perform document gap analysis with available documents and ensure compliance with regulations.
• Execute CKYC processes and maintain timeliness.
• Support periodic refresh or review activities by conducting validations and other sub‑processes required to fulfill the checklist.
• Stay updated on new or altered regulations and implement changes accordingly.
• Partner with colleagues in Banking, Sales, FLU cross‑regional teams and other groups as needed.
• Collaborate with MLRO for cases requiring guidance or approvals to complete refreshes on time.
• Monitor and understand risks and impacts of non‑compliance with KYC processes, including restrictions and closures.
• Participate in internal and external audits, requiring deep research and investigative skills.
• Provide support in remediations with tight deadlines.
• Prepare MIS & control reports and address stakeholder queries.
• Challenge the status quo and suggest process streamlining where required.
• Embrace a collaborative and output‑oriented culture.

Required Skills

• 5‑7 years of experience in Anti‑Money Laundering (AML) / Know Your Customer (KYC).
• Strong knowledge of country regulations for corporate customer KYC.
• Certified Anti‑Money Laundering Specialist (CAMS) or other AML/KYC certifications is preferred.
• Knowledge of AML CDD policy and standards, industry practices in AML CDD, including legal entities in global jurisdictions.
• Initiative: identify process improvements, demonstrate a "self‑starter" behavior, and a willingness to help others, showing potential to require minimal supervision.
• Excellent proficiency with Microsoft Office, particularly PowerPoint, Excel, and Word.
• Excellent interpersonal skills for motivation, collaboration, and encouragement.
• Excellent communication skills for demonstration of collaborations with various groups as required.

Desired Skills

• Excellent interpersonal skills for motivation, collaboration, and encouragement.
• Excellent communication skills for demonstration of collaborations with various groups as required.

Work Schedule

SGT 9:00 AM – 6:00 PM, with required flexibility to complete refreshes within the time‑period.