GFC Manager - Detection Transformation Management

Bank of America; Jacksonville (FL); On-site; USD 120,000 - 180,000; Full time

Job summary

Bank of America is seeking a senior compliance professional to lead GFC AML Detection Transformation and Business Management initiatives within the FIU‑D team in the United States.

You will collaborate with Front Line Units, Control Functions, and second/third line of defense to strengthen policies, risk reporting, and remediation efforts in a fast paced regulatory environment.

Qualifications

• 7+ years of professional experience in GFC, AML and regulatory work.
• 5+ years in transaction monitoring, case management and customer risk assessments.
• Bachelor’s degree or equivalent experience.

Responsibilities

• Oversee GFC Financial Intelligence Unit – Detection Transformation and Business Management activities portfolio.
• Advise and direct development and maintenance of financial crimes policies and standards.
• Produce and oversee financial crimes risk management reporting to GC&OR and FLU/CF leaders.
• Monitor regulatory changes and implement policy updates across the business.
• Identify emerging regulatory risks and participate in industry forums.

Skills

GFC AML regulatory experience

Transaction monitoring

Case management

Customer risk assessments

Critical thinking

Initiative

JIRA

Automation and ML awareness

Written communications

Education

Bachelor’s degree or equivalent

Tools

JIRA

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.

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!

This role will focus on transformation initiatives and business management across GFC’s enterprise anti-money laundering detection, case management and customer risk assessment. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs), cross functional teams with GFC, and the second and third line of defense groups to complete compliance management requirements. This role will require independent thinking and initiative taking to address challenges facing the GFC FIU-D team, whether focused on transformation and modernization of the program, remediation and business management.

Responsibilities

• Oversight and coordination of GFC Financial Intelligence Unit – Detection Transformation and Business Management activities portfolio, including coordination with cross-functional GFC units, and second and third line of defense groups
• Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions‑owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
• Produces and/or oversees independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
• Monitors the changes in regulations applicable to GFC, including advising business leaders and executive management, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
• Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks
• Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
• Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
• Reviews and challenges internal and external anti‑financial crimes compliance activities, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately

Required Qualifications

• 7+ years of professional experience in GFC, AML, Regulatory experience
• 5+ years with a preference for transaction monitoring, case management and customer risk assessments
• Minimum of a bachelor’s degrees or equivalent experience
• Require subject matter expertise to develop end-to-end processes for Enterprise functions for metrics/reporting of high and elevate risk reporting across the Company.
• Expertise in AML regulations and requirements for customer due diligence and risk rating.

Desired Qualifications

• This role requires initiative taking to address challenges facing the GFC FIU-D team
• Ability to take minimum guidance to develop comprehensive and sustainable solutions
• Background or exposure to management software (i.e. JIRA)
• Exposure and practical experience to emerging automation and machine learning solutions

Skills

• Critical Thinking
• Monitoring, Surveillance, and Testing
• Regulatory Compliance
• Risk Management
• Coaching
• Issue Management
• Policies, Procedures, and Guidelines Management
• Strategy Planning and Development
• Written Communications
• External Resource Management
• Reporting
• Initiative

Shift

1st shift (United States of America)

Hours Per Week

40