Senior External Risk & Financial Crimes Review Lead

Bank of America; New York (NY); On-site; USD 105,000 - 175,000; Full time

Benefits offered by this job

Discretionary incentive

Job summary

Bank of America seeks a Global Financial Crimes External Risk Event Review Manager to lead risk-based reviews of significant external financial crime events, assess exposures for products, services, customers, and geographies, and drive program remediation efforts.

You will identify events, perform exposure analyses, and coordinate handoffs to GFC and partners, escalating material risks and preparing governance materials for senior leaders. Seven+ years in financial crimes and AML required.

Qualifications

• Seven years of relevant experience in financial crimes, model development or management, investigations, operations, process management, compliance or operational risk.
• Knowledge of AML legislation and regulatory expectations.
• Experience assessing financial crime models and investigative processes and translating findings into enhancements.
• Strong stakeholder management and written/verbal communication skills.

Responsibilities

• Identify, prioritize, and document significant external risk events according to thresholds and governance.
• Conduct exposure analyses impacting products, services, customers, and geographies.
• Evaluate model performance and process effectiveness to identify control gaps and improvements.
• Develop risk-based recommendations, including process changes and training.
• Coordinate handoffs to GFC and partners and track remediation actions to closure.
• Maintain external event inventory, monitor milestones, escalate material risks and decisions.
• Prepare analyses and governance materials for senior leadership and stakeholders.
• Collaborate with model development, investigations, operations, technology, and risk teams to drive improvements.

Skills

Critical Thinking

Monitoring

Regulatory Compliance

Risk Management

Coaching

Issue Management

Policies and Guidelines

Strategy Planning

Written Communications

External Resource Management

Reporting

Talent Development

Education

Bachelor's Degree

Tools

None

Job description

Bank of America seeks a Global Financial Crimes External Risk Event Review Manager to lead risk-based reviews of significant external financial crime events, assess exposures for products, services, customers, and geographies, and drive program remediation efforts.

You will identify events, perform exposure analyses, and coordinate handoffs to GFC and partners, escalating material risks and preparing governance materials for senior leaders. Seven+ years in financial crimes and AML required.