Senior AML ECDD Operations Consultant

Bank of America; Town of Charlotte (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

Bank of America is seeking a seasoned LCM ECDD Senior Operations Consultant to perform enhanced due diligence on high-risk clients, products, entities, and transactions. You will collect and analyze due diligence documentation, assess inherent and residual risks, and ensure regulatory and policy adherence while coordinating with AML Operations, Compliance, Client Teams, and KYC.

The role requires strong analytical and investigative skills, the ability to manage multiple priorities in a

Qualifications

• Bachelor's Degree or equivalent work experience.
• 3+ years' experience in AML, KYC, Enhanced Due Diligence, Compliance, Financial Crimes, Risk Management, or related operational functions.
• Strong analytical, investigative, and problem-solving skills.
• Ability to analyze complex client relationships, ownership structures, risk factors, and due diligence information.

Responsibilities

• Conduct Enhanced Client Due Diligence (ECDD) reviews for high-risk clients, client types, products, and activities.
• Perform collection, analysis, and validation of Due Diligence Questionnaires (DDQs) and supporting documentation.
• Review and analyze client data, screening results, ownership structures, transactional activity, and risk indicators to determine adherence to Bank policies and regulatory requirements.
• Evaluate customer and party information to identify, assess, elevate, and mitigate AML, sanctions, reputational, and regulatory risks.
• Partner with Client Teams, KYC, Compliance, Sales, AML Operations, and other stakeholders to obtain required information and facilitate timely case resolution.
• Support ongoing monitoring activities and periodic risk-based reviews of high-risk clients.
• Document review findings, risk assessments, and due diligence decisions in accordance with established procedures and governance requirements.
• Identify process gaps, control weaknesses, and operational risks, and recommend solutions to improve effectiveness and efficiency.
• Support Audit, Compliance Testing, Regulatory Examination, and Quality Assurance activities, including research, issue remediation, and response tracking.

Skills

Analytical thinking

Investigative skills

Problem solving

Client risk analysis

Communication

Regulatory interpretation

Risk assessment

Education

Bachelor's Degree or equivalent work experience

Tools

Excel

PowerPoint

SharePoint

MS Office

Job description

Bank of America is seeking a seasoned LCM ECDD Senior Operations Consultant to perform enhanced due diligence on high-risk clients, products, entities, and transactions. You will collect and analyze due diligence documentation, assess inherent and residual risks, and ensure regulatory and policy adherence while coordinating with AML Operations, Compliance, Client Teams, and KYC.

The role requires strong analytical and investigative skills, the ability to manage multiple priorities in a