Global Financial Crimes Manager

Global Financial Crimes Manager Phoenix, Arizona;New York, New York; Charlotte, North Carolina; Jacksonville, Florida

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• To proceed with your application, you must be at least 18 years of age.
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• Bank of America employees are required to meet all
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• 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!

• Job Description:

• This job is responsible for executing substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, operational/fraud risk management requirements.

• Responsibilities:

• + Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed + Produces and/or oversees independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders + Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed + Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks + Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees + Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes + Reviews and challenges internal and external operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately + Identify, assess, and monitor emerging risks within financial crimes investigations.

+ Conduct end-to-end process analysis to uncover inefficiencies and recommend improvements that enhance investigative outcomes. + Lead initiatives to reduce non-value-added processes and create robust, high-value investigation outcomes. + Develop and implement risk-based internal controls to prevent, detect, and report financial crimes. + Evaluate the effectiveness of internal controls and identify gaps or weaknesses. + Provide subject matter expertise to support the development of regulatory changes. + Monitor regulatory changes and advise business leaders on implications; ensure timely updates to policies, standards, and procedures. + Escalate financial crimes-related compliance and operational risks to appropriate governance bodies. + Oversee remediation of financial crimes-related compliance and operational risk issues. + Design and monitor key risk and control performance metrics; report on performance and breach remediation. + Analyze investigation performance data and trends to provide actionable feedback and foster an inclusive team environment.

• Required Qualifications:

• + Minimum of seven years of relevant experience + Knowledge of anti-money laundering (AML) and related AML legislation + Strong knowledge of business process management methodology.

+ Excellent verbal and written communication and presentation skills. + Proven ability to conduct root cause analysis and solve complex problems collaboratively. + Solutions-oriented mindset with strong critical thinking and business acumen. + Ability to thrive in a fast-paced, ambiguous environment and manage multiple priorities effectively. + Highly organized with strong multi-tasking capabilities. + Ability to analyze complex data and recommend outcomes

• Desired Qualifications:

• + Bachelor's Degree in related field + Experience in financial services and/or a related government entity + Experience related to retail and/or institutional brokerage products and services and applicable compliance rules and regulations + Certified Anti-Money Laundering Specialist (CAMS) + Intermediate proficiency in process mapping and journey design.

+ Experience in change management or project management. + Comfortable navigating complex or ambiguous situations. + Lean Six Sigma Green Belt or Black Belt certification preferred.

• Skills:

• + Critical Thinking + Monitoring, Surveillance, and Testing + Regulatory Compliance + Risk Management + Coaching + Issue Management + Policies, Procedures, and Guidelines Management + Strategy Planning and Development + Written Communications + External Resource Management + Reporting + Talent Development

• Preferred Technical Skills:

• + Data Analysis, Interpretation & Decisioning + Issues Management & Resolution + Process Management & Inventory + Project Management + Risk Identification & Assessment + Risk Monitoring & Testing + Products, Services & Acumen - Line of Business (LoB) - GFC + AML Regulatory Knowledge + Case Investigations & Resolution + Financial Crimes Risk Programs

• Shift:

• 1st shift (United States of America)

• Hours Per Week:

• 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws.

The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. View your

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• Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse.

Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.