Global Financial Crimes Compliance Leader

Bank of America; Chicago (IL); On-site; USD 105,000 - 174,000; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Employee support

Job summary

Bank of America in Chicago is hiring for a senior financial crimes compliance leader to execute money laundering, sanctions and fraud risk practices. You will manage the Financial Crimes Investigations US Training team and collaborate with Front Line Units and Control Functions.

The role requires extensive AML expertise, at least seven years of experience, and management experience to guide policy development, reporting and remediation efforts.

Qualifications

• Minimum of seven years of relevant experience.
• 3 years minimum of management experience.
• Knowledge of anti-money laundering (AML) and related AML legislation.

Responsibilities

• Advises and directs the development and maintenance of financial crimes policies and standards.
• Produces and/or oversees financial crimes risk management reporting to GC&OR and FLU/CF leaders.
• Monitors regulatory changes and guides policy updates across the organization.
• Participates in industry forums to identify emerging regulatory risks.
• Escalates financial crimes risks to governance bodies as needed.
• Gives oversight on remediation of financial crimes issues and control improvements.
• Manages associate performance and acts as a people manager where required.

Skills

Critical Thinking

Monitoring, Surveillance, and Testing

Regulatory Compliance

Risk Management

Coaching

Issue Management

Policies, Procedures, and Guidelines

Strategy Planning and Development

Written Communications

External Resource Management

Reporting

Talent Development

Education

Bachelor’s Degree in related field

Certified Anti-Money Laundering Specialist (CAMS)

Job description

Bank of America in Chicago is hiring for a senior financial crimes compliance leader to execute money laundering, sanctions and fraud risk practices. You will manage the Financial Crimes Investigations US Training team and collaborate with Front Line Units and Control Functions.

The role requires extensive AML expertise, at least seven years of experience, and management experience to guide policy development, reporting and remediation efforts.