AML Investigator – Global Financial Crimes (Brokerage)

Bank of America; New York (NY); On-site; USD 69,000 - 102,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Benefits eligible

Job summary

Bank of America is seeking a Global Financial Crimes Compliance (GFCC) Investigator to perform end-to-end investigations across lines of business, including Special Investigations, Global Markets, or Global Wealth and Investment Management. You will conduct complex investigations, include fraud and money laundering, and ensure timely SAR submissions to regulators and law enforcement.

You will partner with GFCC Risk Management, front line units, and other stakeholders to resolve investigations

Qualifications

• Minimum of five years of relevant experience.
• Understanding of Retail Brokerage Products, Clients, and Services, such as Equities, Fixed Income Products, Structured Investments, Securitized Products, Mutual Funds, and entity structures, such as Personal Holding Companies, Retirement and Trust Accounts.
• FINRA Securities Essential Exam/ FINRA Series 7, Series 6 or relevant experience in the areas of back office operations, Margin, ACAT Transfer.
• Suspicious Activity Reporting (SAR)
• Stakeholder Management (FLU, Business Controls, Risk)
• Understanding of Rules, Regulations, and Compliance (FINRA/SEC)

Responsibilities

• Completes investigations while overseeing cases meet or exceed closure and quality metrics
• Completes Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement
• Reports facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks and partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) to resolve investigations
• Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role

Skills

Fraud investigation

SAR reporting

Regulatory compliance

Stakeholder management

FINRA/SEC knowledge

Education

Bachelor's degree

Job description

Bank of America is seeking a Global Financial Crimes Compliance (GFCC) Investigator to perform end-to-end investigations across lines of business, including Special Investigations, Global Markets, or Global Wealth and Investment Management. You will conduct complex investigations, include fraud and money laundering, and ensure timely SAR submissions to regulators and law enforcement.

You will partner with GFCC Risk Management, front line units, and other stakeholders to resolve investigations