Money Movement & Risk Operations Specialist

Bank of America; South Dakota; On-site; USD 34,000 - 44,000; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Employee assistance

Job summary

Bank of America in the United States is seeking a Money Movement Operations Specialist to review and approve retirement and retail distribution requests for Consumer Investments. You will document control reviews for verbal and written transaction requests, handling wires, journal entries, checks, register and ship, broker transfers, and BOFA to Merrill, all within established deadlines.

The role requires subject matter expertise to mitigate financial risk and AML violations, engage clients for

Qualifications

• Review and approve retail and retirement transactions.
• Anticipate and mitigate financial risk, fraud and AML violations.
• Monitor and address risk by reviewing account activity and history messages.

Responsibilities

• Review and approve retail and retirement transactions.
• Monitor and process requests through various email boxes.
• Review phone calls and perform manager callouts on high-risk withdrawals and disbursements.

Job description

Bank of America in the United States is seeking a Money Movement Operations Specialist to review and approve retirement and retail distribution requests for Consumer Investments. You will document control reviews for verbal and written transaction requests, handling wires, journal entries, checks, register and ship, broker transfers, and BOFA to Merrill, all within established deadlines.

The role requires subject matter expertise to mitigate financial risk and AML violations, engage clients for