Officer Operations Senior Analyst AML Operations Manila

Bank of America; Taguig; On-site; PHP 800,000 - 1,100,000; Full time

Job summary

Bank of America in Manila is seeking an AML/KYC professional to join our Periodic Refresh team within Global Banking & Global Markets Operations. You will implement regulatory requirements for corporate clients, perform gap analyses, CKYC processing, and support audits and remediations.

The ideal candidate has 3–5 years of AML/KYC experience, familiarity with country-specific KYC regulations, and CAMS or equivalent certifications.

Qualifications

• 3–5 years of AML/KYC experience.
• Knowledge of corporate KYC regulations in multiple jurisdictions.
• CAMS certification or equivalent AML/KYC credentials.
• Proficient with MS Office (PowerPoint, Excel, Word).

Responsibilities

• Perform document gap analysis to meet regulatory requirements.
• Conduct CKYC processes and ensure timeliness.
• Support periodic refresh reviews and validations by fulfilling required sub-processes.
• Stay updated on new regulations and implement changes by regulator requirements.
• Collaborate with Banking, Sales, FLU cross regional teams and other groups as needed.
• Coordinate with MLRO for approvals to complete refreshes on time.
• Monitor risks and impacts of non-compliance with KYC processes.
• Participate in internal & external audits requiring deep research.
• Provide support in remediations with tight deadlines.
• Prepare MIS & Control reports and respond to stakeholders' queries.
• Suggest process streamlining and embrace a collaborative culture.

Skills

AML/KYC expertise

Regulatory knowledge

Self-starter

Communication skills

Education

CAMS certification

Tools

Microsoft PowerPoint

Microsoft Excel

Microsoft Word

Job description

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Periodic refresh Team are a part of Global Banking & Global Markets Operations which ensures the Periodic Refresh or reviews are completed within the stipulated timelines as per their dynamic risk rating. The Team works with refresh analyst globally and ensures the regulations for corporate clients are satisfied. The Team more over acts as a support function and performs processes like Document Gap analysis, Document Reviews and Enrichment of cases. The team participates in periodic internal and external audits, regulatory submissions and furnish refresh datapoints to relevant stakeholders.

Responsibilities:

• Perform document Gap analysis with available documents and ensure it meets the regulation.
• Perform CKYC Process and ensure timeliness.
• Provide support to Periodic Refresh or reviews by conducting required validations and other sub processes that might be required to fulfill the checklist.
• Be well versed & ensure any new regulations improvised/altered or added by regulator are put to implementation.
• Partner with colleagues in Banking, Sales, FLU cross regional teams and other groups as needed.
• Partner with MLRO for cases where guidance or relevant approvals are required to help complete refreshes on time.
• Monitor and understand the risks and impacts of non-compliance with KYC processes, including restrictions, closures.
• Participate in internal & external audits which requires deep research and investigation skills.
• Provide support in any remediations which might have tight deadlines.
• Prepare the MIS & Control reports and ensure the various stakeholders queries are answered.
• Challenging the status quo and suggest process streamlining where required.
• Embrace a collaborative and output-oriented culture.

Required Qualifications:

• 3-5 years’ experience in Anti-Money Laundering (AML)/ Know your customer (KYC).
• Well versed with Country regulations for corporate customer KYC’s.
• Preferred: Certified Anti-Money Laundering Specialist (“CAMS”) or any other AML /KYC certifications.
• 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, and show potential to require minimal supervision.
• Excellent proficiency using Microsoft office products, particularly Microsoft PowerPoint, Excel, Word

Desired Qualifications:

• Excellent interpersonal skills for motivation, collaboration and encouragement
• Excellent communication skills to demonstrate collaborations with various groups as and when required.
• MNL 9:00 AM – 6:00 PM, with required flexibility in order to complete refresh within the time-period

Requirements: