Global AML & Sanctions Risk Manager

Bank of America; South Dakota; On-site; USD 105,000 - 174,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Benefits eligible

Job summary

Bank of America seeks a senior professional to lead AML and Economic Sanctions risk assessments, coordinating with internal stakeholders and ensuring robust risk management. The role emphasizes data analysis, reporting, and maintaining compliance with evolving financial crime regulations.

The ideal candidate has extensive experience in AML/sanctions risk, strong communication skills, and the ability to operate in a fast-paced environment while guiding cross-functional teams.

Qualifications

• 7+ years of AML/Sanctions risk assessments or similar experience.
• Ability to work in a fast-paced environment and exercise sound judgment.
• Excellent verbal and written communication skills.
• Self-motivated and able to work with varying levels of guidance.

Responsibilities

• Design and maintain an AML and Economic Sanctions risk assessment program.
• Coordinate with stakeholders to enhance risk assessment work products.
• Analyze data and draft reports detailing financial crime risks.
• Ensure procedures comply with policies, laws and best practices.
• Oversee project plans and process maps.
• Monitor regulatory changes and implement updates.
• Build relationships with business units, auditors and regulators.

Skills

Critical Thinking

Monitoring, Surveillance, and Testing

Regulatory Compliance

Coaching

Issue Management

Policies, Procedures, and Guidelines

Strategy Planning and Development

External Resource Management

Reporting

Talent Development

Tools

Microsoft Excel

Microsoft Word

Job description

Bank of America seeks a senior professional to lead AML and Economic Sanctions risk assessments, coordinating with internal stakeholders and ensuring robust risk management. The role emphasizes data analysis, reporting, and maintaining compliance with evolving financial crime regulations.

The ideal candidate has extensive experience in AML/sanctions risk, strong communication skills, and the ability to operate in a fast-paced environment while guiding cross-functional teams.