Operations Manager- Sanctions Screening Center of Excellence

Bank of America Corporation; Richmond (VA); In loco; USD 65.000 - 109.000; Tempo pieno

Descrizione del lavoro

Bank of America Corporation in the United States, including Richmond, VA, seeks a leader to manage a sanctions screening center and related operations. The role focuses on ensuring compliance, improving data quality, and driving efficiency across multiple product lines.

The position requires guiding day-to-day activities, budgeting, forecasting, and staff development, with a focus on inclusion and enterprise-wide communication. In-office with flexible role-based scheduling is common.

Competenze

• 1+ year leadership experience.
• 1+ year experience in Operations or Compliance; Sanctions experience highly desired.
• Ability to collect, organize and disseminate significant amounts of information with attention to detail and accuracy.
• Experience with Excel and other applications to support large data aggregation and management.

Mansioni

• Accountable for the Sanctions Screening Center of Excellence that reviews Bank of America customers and transactions for sanctions compliance.
• Support client-facing teams and educate on compliance program to improve data quality.
• Forecasts and manages staffing levels and capacities; coach and provide feedback for operational excellence.
• Ensure adherence to bank policies and regulatory procedures in decision making across operations and product lines.
• Develops procedures to enhance unit and product activities; oversee budget, expense management, and forecasting.

Conoscenze

Leadership experience

Operations and/or Compliance

Attention to detail

Data analysis

Collaboration

Problem solving

Time management

Strumenti

SQL

Tableau

Excel

Descrizione del lavoro

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!

This job is responsible for leading a segment or a small operations unit for a site, region, or product line within the bank's internal operations. Key responsibilities include identifying, analyzing, and resolving complex problems, ensuring compliance with policies, and developing and implementing new processes to improve operating efficiency and ensure accuracy of workflow. Job expectations include overseeing day-to-day activities of employees, including executing transactions and managing the budget, expenses, forecasting, and reporting.

Responsibilities

• Accountable for the (Sanctions Screening Center of Excellence) that reviews all of Bank of America’s customers and transactions to ensure compliance with Bank of America’s Economic Sanctions Program
• Responsibility to provide support to client facing teams and clients where needed to educate on compliance program, drive better quality of data defining the customer and their day-to-day banking transactions.
• Forecasts and manages staffing levels and capacities, provides effective coaching, and shares constructive feedback to drive Operational Excellence
• Applies knowledge of the end-to-end processes and ensures adherence to bank and regulatory policy and procedures when making decisions that impact various operations and product lines
• Develops and analyzes procedures to enhance unit and/or product-related activities and oversees budget and expense management, reporting, and forecasting for designated areas
• Evaluates efficiencies and identifies areas of improvement and growth to the overall process, identifying data, metrics, and key performance indicators to measure process effectiveness
• Aligns bank priorities and strategies to employee metrics and goals and strives to recognize, encourage, and improve team performance to support an inclusive work environment

Managerial Responsibilities

• Opportunity & Inclusion Champion: Creates an inclusive team where members are treated fairly and respectfully.
• Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement.
• Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the “why” and connects contributions to business results.
• Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks.
• People Manager & Coach: Knows and develops team members through coaching and feedback.
• Financial Steward: Manages expenses and demonstrates an owner's mindset.
• Enterprise Talent Leader: Recruits, on-boards and develops talent, and supports talent mobility for career growth.
• Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.

Required Qualifications

• 1+ year leadership experience
• 1+ year experience in Operations or Compliance; Sanctions experience highly desired
• Ability to collect, organize and disseminate significant amounts of information with attention to detail and accuracy
• Experience with Excel and other applications to support large data aggregation and management
• Strong attention to detail and problem-solving skills
• Strong collaboration and influencing skills
• Highly motivated to succeed in a fast-paced environment
• Ability to develop team members to maximize their potential
• Effective planning, time management and organizational skills
• Excels in working among diverse viewpoints to determine the best path forward
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

Desired Qualifications

• Experience & Knowledge of economic sanctions program requirements and disposition of sanctions alerts or extensive background with WTX and/or ACH experience
• Experience working with auditors and regulators
• Experience in Global Banking & Markets business process
• Intermediate knowledge in SQL and/or Tableau
• Excels in working among diverse viewpoints to determine the best path forward
• Manages the risk reward trade off; follows the proper risk routines to get the right outcomes for the business.
• Communicates with impact; communicates effectively (both in writing and when speaking) using clear, concise and simple language
• Demonstrates a commitment for continuous learning; challenges the status quo and is passionate and capable of driving change across the organization
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

Skills

• Business Operations Management
• Customer Service Management
• Performance Management
• Process Performance Measurement
• Talent Development
• Account Management
• Client Management
• Leadership Development
• Process Management
• Relationship Building
• Hiring and Onboarding Policies, Procedures, and Guidelines
• Management Process Design
• Risk Management
• Workforce Analytics

Shift Details

Shift: 1st shift (United States of America)

Hours Per Week: 40

Schedule

Tuesday-Saturday / 8am -5pm EST

Ability to work additional hours outside of the standard work schedule as business needs dictate.

Location

Pay Transparency details US - VA - Richmond - 8001 VILLA PARK DR - VILLA PARK OPS CENTER BLDG C (VA2100)

Pay

Pay range $64,700.00 - $108,500.00 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.

Company Culture

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 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!

Community Impact

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

Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

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