Global Financial Crimes & Compliance Analyst

RiseMe; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

Bank of America is seeking an AML/sanctions and fraud risk professional to support the execution of compliance and operational risk practices. The role involves reviewing model-generated alerts, identifying typologies, and documenting decisions with supporting evidence.

The position emphasizes collaboration with GC&OR leaders, updating policies, standards, and controls, and contributing to independent risk reporting and remediation efforts. Shift: 1st shift; Hours: 40 per week.

Qualifications

• Minimum years business and functional experience: 5 Years
• Degree required: Bachelor’s or equivalent experience
• Desired Qualifications: AML/financial crimes, fraud, compliance, surveillance, investigations, risk management, quality assurance, or related analytical function preferred

Responsibilities

• Supports 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
• Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
• Assists in the monitoring of changes in regulations applicable to Global Financial Crimes, including advising business leaders, 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
• Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments
• Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
• Assists in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
• Assists in the review of internal and external operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately
• Supports the review and analysis of BTT and other surveillance alert populations through typology recognition, pattern analysis, and risk-based decision-making.
• Applies established model scope, scenario guidance, procedures, and decision criteria to determine whether observed activity aligns with the intended surveillance coverage.
• Documents clear, concise, and supportable review rationales that connect observed activity and available evidence to the applicable financial crime risk indicators.
• Participates in training, calibration, quality control, and continuous improvement activities related to financial crime surveillance models, scenarios, typologies, and detection methodologies.
• Identifies recurring trends, knowledge gaps, process improvement opportunities, and potential control concerns, and escalates them through established channels.
• Adapts to changing surveillance priorities, model populations, and project-based assignments while maintaining accuracy, timeliness, and appropriate scope discipline.

Skills

Critical Thinking

Monitoring, Surveillance, and Testing

Regulatory Compliance

Risk Management

Issue Management

Policies, Procedures, and Guidelines

Written Communications

Coaching

Reporting

Talent Development

Analytical Thinking

Data Analysis

Education

Bachelor's degree or equivalent experience

Job description

Bank of America is seeking an AML/sanctions and fraud risk professional to support the execution of compliance and operational risk practices. The role involves reviewing model-generated alerts, identifying typologies, and documenting decisions with supporting evidence.

The position emphasizes collaboration with GC&OR leaders, updating policies, standards, and controls, and contributing to independent risk reporting and remediation efforts. Shift: 1st shift; Hours: 40 per week.