Global Financial Crimes & Risk Compliance Specialist

Bank of America; Newark (DE); On-site; USD 95,000 - 125,000; Full time

Job summary

Bank of America is seeking a Compliance Specialist to support money laundering, sanctions and fraud compliance and operational risk activities. The role collaborates with Global Financial Crimes executives to identify and mitigate risk in alignment with CORM and enterprise standards.

The candidate will assist in policy development, risk reporting, and monitoring of regulatory changes, contributing to remediation plans and governance processes. In-office culture with flexible role-specific needs.

Qualifications

• 5+ years of business and functional experience.
• Bachelor’s degree or equivalent experience.
• Experience in Financial Services or related government entity.

Responsibilities

• Supports development and maintenance of financial crimes policies and standards.
• Produces independent financial crimes risk management reporting for GC&OR and senior leaders.
• Monitors regulatory changes and advises on policy implementation.
• Contributes to risk coverage plans and conducts independent risk monitoring and testing.
• Escalates financial crimes risks to governance routines and boards as needed.
• Reviews internal and external loss events and develops remediation plans to strengthen controls.

Skills

Critical Thinking

Monitoring

Regulatory Compliance

Risk Management

Issue Management

Policies Procedures Guidelines

Written Communications

Coaching

Reporting

Talent Development

Education

Bachelor's or equivalent experience

Tools

NCIE/IEX Platform

MOC Application

Job description

Bank of America is seeking a Compliance Specialist to support money laundering, sanctions and fraud compliance and operational risk activities. The role collaborates with Global Financial Crimes executives to identify and mitigate risk in alignment with CORM and enterprise standards.

The candidate will assist in policy development, risk reporting, and monitoring of regulatory changes, contributing to remediation plans and governance processes. In-office culture with flexible role-specific needs.