GFC Investigator (Brokerage - AML)

Bank of America; Plano (TX); On-site; USD 90,000 - 140,000; Full time

Job summary

Bank of America is seeking a Global Financial Crimes Compliance Investigator to perform end-to-end investigations across lines of business, focusing on special investigations, global markets, or wealth management. The role involves complex cases, SAR submission, and close collaboration with risk and frontline units.

Ideal candidates bring five years of relevant experience, strong understanding of retail brokerage products, and AML/CAMS credentials.

Qualifications

• Minimum of five years of relevant experience.
• Understanding of Retail Brokerage Products and services (Equities, Fixed Income, Mutual Funds).
• FINRA Securities Exam/Series 7, 6 or equivalent back-office experience.
• Sar reporting experience and regulatory knowledge.

Responsibilities

• Completes investigations while overseeing cases to meet closure and quality metrics.
• Prepares Suspicious Activity Reports (SAR) accurately for regulators and law enforcement.
• Reports facts of investigations to senior stakeholders and coordinates with GFC management and FLUs.
• Conducts quality control, training, and input on scenario development for investigations.

Skills

Fraud Management

Policies, Procedures & Guidelines

Reporting

Risk Management

Coaching

Issue Management

Talent Development

Critical Thinking

Written Communications

Data Analysis

Regulatory Compliance

Investigation Management

Education

Bachelor's Degree in related field

Certified Anti-Money Laundering Specialist (CAMS)

FINRA Services Principal Licensure (Series 4, 24, 53,9/10)

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

The Global Financial Crimes Compliance (GFCC) Investigator performs end-to-end investigations across one or more lines of business relevant to the Investigators specific area of responsibility, specifically focused on Special Investigations, Global Markets, or Global Wealth and Investment Management. In the investigative role, the Investigator conducts complex investigations, including fraud committed by external parties, securities fraud, money laundering, or terrorist financing. Responsibilities for this role include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts of the investigation to assist in identifying potential operational or compliance risks, and completing Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement. This role may partner with GFCC Risk Management, front line units or other stakeholders to resolve investigations. This role ultimately reports to investigations teams responsible for coverage over Special Investigations, Global Markets, or Global Wealth and Investment Management

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

Required 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)

Desired Qualifications:

• Bachelor's Degree in related field
• Experience in financial services and/or a related government entity
• Certified Anti-Money Laundering Specialist (CAMS)
• Data Management, Review, and Analysis
• FINRA Services Principal Licensure (Series 4, 24, 53,9/10)
• Certified Anti-Money Laundering Specialist (CAMS)
• Knowledge of Alternative Investments ( Private Equity, Venture Capital, etc.)
• Familiarity with Discretionary Trading Products

Skills:

• Fraud Management
• Policies, Procedures, and Guidelines Management
• Reporting
• Risk Management
• Coaching
• Issue Management
• Talent Development
• Critical Thinking
• Written Communications
• Data Analysis
• Regulatory Compliance
• Investigation Management

Technical Skills:

• AML Regulatory Knowledge
• Case Investigation & Resolution
• Customer Due Diligence
• Enhanced Due Diligence
• Financial Crimes Risk Programs
• High Risk Activities & Typologies
• Products, Services and Acumen- Global Financial Crimes
• Risk Identification & Assessment
• Risk Governance & Reporting

Shift:

1st shift (United States of America)

Hours Per Week:

40