Global Financial Crimes Manager

Bank of America Corporation; Florida; On-site; USD 105,000 - 174,000; Full time

Benefits offered by this job

Discretionary incentive eligibility

Benefits eligible

Job summary

Bank of America seeks an experienced AML/Compliance professional to lead risk assessments and ensure regulatory alignment with Anti-Money Laundering and sanctions programs. You will analyze data, coordinate with stakeholders, and drive ongoing compliance across policies and controls.

The role emphasizes data-driven risk insights, collaboration with internal teams and regulatory bodies, and contributing to a culture of responsible growth within the bank.

Qualifications

• Bachelor’s degree required or equivalent
• Experience in AML/sanctions risk assessments or similar roles preferred
• Strong MS Office skills (Excel/Word) and data analysis ability

Responsibilities

• Support AML and Economic Sanctions risk assessment program development and maintenance
• Coordinate with internal stakeholders to enhance risk assessment products (questionnaires, reports, presentations)
• Analyze risk data and draft reports detailing financial crimes risks
• Ensure compliance with Bank of America policies and applicable regulations
• Design and maintain project plans and process maps; oversee examinations and audits
• Monitor regulatory changes and implement necessary compliance updates
• Build strong relationships with business units, auditors and regulators

Skills

Critical Thinking

Monitoring & Testing

Regulatory Compliance

Risk Management

Written Communications

Policy Adherence

Team Collaboration

Decision Making

Coaching

Issue Management

Education

Bachelor’s degree

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. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.

Join us!

Job Description:

This job is responsible for supporting compliance with substantive Anti-Money Laundering (AML) and Economic Sanctions compliance and operational risk practices. Key responsibilities include developing, implementing, and maintaining a comprehensive AML and Economic Sanctions risk assessment program, ensuring proactive identification, mitigation, and communication of potential risks and the quality of risk management efforts.

Responsibilities:

• Contribute to the design, implementation and maintenance of a robust and comprehensive AML and economic sanctions risk assessment methodology aligned with industry best practices, regulatory expectations, and the company's risk appetite. This includes conducting regular risk assessments, performing data analysis, analyzing results, identifying potential vulnerabilities, and assisting, when appropriate, in the development of mitigating strategies.
• Coordinate with internal stakeholders to enhance existing financial crimes risk assessment work products such as questionnaires/surveys, reports, and presentations
• Analyze risk and control data to draft comprehensive reports detailing risks of financial crimes activities
• Identify and enhance existing procedures and processes to ensure compliance with Bank of America policy, applicable financial crimes laws and regulations, regulatory guidance and compliance, and industry best practices
• Oversee process design and execution including designing and maintaining detailed project plans and process maps.
• Manage, coordinate, track regulatory examinations, internal audit and control testing to ensure reviews are conducted efficiently.
• Proactively monitor and analyze changes in AML/Economic Sanctions requirements, assess impact on the organization, and implement necessary changes to ensure ongoing compliance. This includes staying abreast of emerging threats and the trends in regulatory and financial crime.
• Build and maintain strong relationships with internal business units, external auditors and regulatory agencies.

Required Qualifications:

• 7+ years of experience with Anti Money Laundering (AML)/Sanctions risk assessments or similar experience
• Ability to work in a fast-paced environment
• Ability to exercise sound judgment in the decision-making process when analyzing data to verify and validate requirements
• Must be a self-motivated worker who is comfortable and effective working with varying levels of guidance
• Excellent verbal and written communication skills
• Intermediate or better knowledge of Microsoft Office products (specifically Excel and Word)
• Relationship building skills

Desired Qualifications:

• Bachelor’s degree
• Compliance/operational risk experience
• Process/workflow design
• Strong organizational skills with the ability to prioritize multiple tasks
• Detail oriented

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
• Talent Development

Shift: 1st shift (United States of America)

Hours Per Week: 40

Pay Transparency details US - NJ - Pennington - 1600 American Blvd - Hopewell Bldg 6 (NJ2600)

Pay and benefits information

Pay range $105,000.00 - $173,900.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.

Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world.

We’re devoted to being a diverse and inclusive workplace for everyone.

We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being.

Bank of America believes both in the importance of working together and offering flexibility to our employees.

We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.

Join us!

Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact Learn about the six areas that guide Bank of America's efforts to help make financial lives better for customers, clients, communities and our teammates.

Opportunity and Inclusion Each employee brings unique skills, background and opinions.

We see opportunity and inclusion as our platform for innovation and a key component in our success.

Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency