Screening AML Analyst – Life Cycle Management

Bank of America; Phoenix (AZ); On-site; USD 65,000 - 90,000; Full time

Job summary

Bank of America is seeking an AML-focused analyst in the United States to perform day-to-day activities aligned with the team’s goals, identify and resolve issues, and support risk management initiatives. The role requires independent work, strong research/analytical capabilities, and solid communication skills across the organization.

Candidates should have 1+ year AML experience, a background in operations or risk, and a basic proficiency in Microsoft Office.

Qualifications

• Minimum 1 year of AML experience.
• Strong background in Operations and/or Risk.
• Strong research & analytical skills with the ability make independent and reasonable conclusions.
• Can work independently and is open and adaptable to change.
• Candidates must possess and have proven verbal, written, and interpersonal communication skills.
• Basic Microsoft Office Skills required.
• Background in Client/Legal Entity Management, AML Operations, or Compliance
• Must have a strong and positive work ethic, and follows Bank of America's Core Values.

Responsibilities

• Performs day-to-day activities aligned to the team's common goals, strategy, and metrics and works on improving capabilities through learning and development.
• Identifies and analyzes problems related to product lines or functions and develops and implements process improvements to address and resolve issues.
• Provides quality assurance review and testing on operating key controls.
• Supports special projects that represent significant risk exposure and identifies and escalates risks accordingly with a sense of urgency.
• Ensures quality service and effective and efficient operations support for the assigned area's internal business partners and external clients.
• Interprets and analyzes information gathered from numerous applications and third party sources and identifies issues that prompt further inquiry.
• Knowledge acquired through increasingly responsible operations analysis work. Clearly recognized as a content expert by peers.
• Ability to communicate across and up the organization.
• Must be able to work independently and is not afraid to make a decision and act on it.
• Provides guidance to associates within own unit regarding procedural, technical and/or operational changes.

Skills

AML experience

Operations/Risk

Analytical thinking

Communication skills

Independent worker

MS Office

Client/Legal Entity Management

Compliance

Work ethic

Education

Bachelor's degree or equivalent preferred

Tools

Microsoft Office

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!

Responsibilities

• Performs day-to-day activities aligned to the team's common goals, strategy, and metrics and works on improving capabilities through learning and development
• Identifies and analyzes problems related to product lines or functions and develops and implements process improvements to address and resolve issues
• Provides quality assurance review and testing on operating key controls
• Supports special projects that represent significant risk exposure and identifies and escalates risks accordingly with a sense of urgency
• Ensures quality service and effective and efficient operations support for the assigned area's internal business partners and external clients
• Interprets and analyzes information gathered from numerous applications and third party sources and identifies issues that prompt further inquiry
• Knowledge acquired through increasingly responsible operations analysis work. Clearly recognized as a content expert by peers.
• Ability to communicate across and up the organization.
• Must be able to work independently and is not afraid to make a decision and act on it.
• Provides guidance to associates within own unit regarding procedural, technical and/or operational changes.

Required Qualifications

• Minimum 1 year of AML experienced
• Strong background in Operations and/or Risk.
• Strong research & analytical skills with the ability make independent and reasonable conclusions.
• Can work independently and is open and adaptable to change.
• Candidates must possess and have proven verbal, written, and interpersonal communication skills.
• Basic Microsoft Office Skills required.
• Background in Client/Legal Entity Management, AML Operations, or Compliance
• Must have a strong and positive work ethic, and follows Bank of America's Core Values

Desired Qualifications

• Knowledge of bank systems, interact, image view.
• Prior experience working with BSA requirements, as well as an understanding of the US Patriot Act.
• Proven ability to multitask and meet multiple deadlines at one time.
• Proven successful communication skills (written, verbal and interpersonal).
• Strong and proven ability to work closely with customers and clients.
• Bachelor's degree or equivalent preferred.
• ACAMS accreditation

Skills

• Adaptability
• Analytical Thinking
• Critical Thinking
• Data Collection and Entry
• Data Quality Management
• Collaboration
• Decision Making
• Interpret Relevant Laws, Rules, and Regulations
• Problem Solving
• Research Analysis
• Customer and Client Focus
• Innovative Thinking
• Oral Communications
• Prioritization
• Quality Assurance
• Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Additional Information

• Shift: 1st shift (United States of America)
• Hours Per Week: 40
• Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice
• Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

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