Global Financial Crimes Compliance Lead

Bank of America; Charlotte (NC); On-site; USD 130,000 - 160,000; Full time

Job summary

Bank of America in Charlotte, NC is seeking an experienced professional to lead and execute substantive money laundering, sanctions and fraud compliance and risk practices within Global Compliance & Operational Risk. You will partner with Front Line Units and control functions to strengthen financial crimes controls and policy implementation.

The role requires deep AML knowledge, at least seven years of relevant experience, and a proven ability to translate complex regulatory requirements into

Qualifications

• Minimum of seven years of relevant experience.
• Knowledge of anti-money laundering (AML) legislation.
• Experience in financial services and/or a related government entity.

Responsibilities

• Advises and directs development and maintenance of financial crimes policies and standards, and reviews related policies to ensure regulatory requirements and risks are addressed.
• Produces and/or oversees independent financial crimes risk management reporting to GC&OR senior leaders and FLU/CF senior leaders.
• Monitors changes in regulations applicable to Global Financial Crimes and guides implementation of policies, standards, procedures, and processes.
• Participates in industry forums to identify and mitigate emerging risks and regulatory expectations.
• Escalates financial crimes compliance and operational risks to governance routines and committees.
• Reviews and challenges remediation and theme analysis of issues and control enhancements.
• Reviews internal/external loss events and develops remediation plans to strengthen controls.

Skills

Anti-money laundering knowledge

Regulatory compliance

Risk management

Monitoring, surveillance, and testing

Coaching

Issue management

Policies, procedures, guidelines

Management strategy planning

Written communications

Reporting

Talent development

Education

Bachelor's Degree in related field

Certified Anti-Money Laundering Specialist (CAMS)

Job description

Bank of America in Charlotte, NC is seeking an experienced professional to lead and execute substantive money laundering, sanctions and fraud compliance and risk practices within Global Compliance & Operational Risk. You will partner with Front Line Units and control functions to strengthen financial crimes controls and policy implementation.

The role requires deep AML knowledge, at least seven years of relevant experience, and a proven ability to translate complex regulatory requirements into