KYC/AML Compliance Specialist - Onboarding & Risk

Bank of America; Chicago (IL); On-site; USD 45,000 - 62,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Benefits eligible

Job summary

Bank of America in Chicago, IL is seeking a Commercial Support Specialist (CSS) focused on KYC/AML for the Midwest region. The role partners with relationship teams to manage CDD, onboarding, and periodic reviews, ensuring timely compliance with policy standards for US and non-US entities.

The position requires knowledge of AML/KYC processes, strong client communication, and the ability to manage multiple reviews with careful attention to detail.

Qualifications

• Experience with Know Your Customer or Anti-Money Laundering due diligence processes, including identifying and escalating risks
• Applies strategic and critical thinking to determine solutions and experiences to improve clients’ financial lives
• Builds strong client relationships through effective communication and collaboration
• Displays a proactive mindset and effective time management
• Demonstrates a results-driven mindset and prioritizes client interests

Responsibilities

• Owns and manages the Anti-Money Laundering (AML) and Know-Your-Customer (KYC) process for relationship management teams
• Engages with prospects and current clients to accurately review AML/KYC information in order to facilitate legal entity onboarding, KYC record expansions and maintenance activities, per bank policy standards
• Maintains and manages current portfolio of periodic reviews/refreshes for US and non-US entities, ensuring that client documents and supplemental information are received in a timely manner, reviewed for accuracy, and meet policy standards in order to complete the review/refresh on time
• Maintains a high level of organization, data management, and time management skills to continuously move onboarding, expansions and periodic review/refresh activities, audit, and/or remediation efforts forward
• Adheres to bank privacy policies in securing NPPI obtained as part of AML/KYC activities
• Provides recommendations for business to create and nurture client relationships with relationship management teams to plan for new client onboarding and complex periodic review/refreshes

Skills

Data Collection and Entry

Data Privacy and Protection

Interpret Relevant Laws, Rules, andReg

Attention to Detail

Policies, Procedures, and Guidelines

Relationship Building

Client Experience Branding

Process Management

Education

High School Diploma

Tools

Tableau

Salesforce

Job description

Bank of America in Chicago, IL is seeking a Commercial Support Specialist (CSS) focused on KYC/AML for the Midwest region. The role partners with relationship teams to manage CDD, onboarding, and periodic reviews, ensuring timely compliance with policy standards for US and non-US entities.

The position requires knowledge of AML/KYC processes, strong client communication, and the ability to manage multiple reviews with careful attention to detail.