GFC Investigator

Global Financial Crimes InvestigatorAt 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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join usThis job is responsible for performing end-to-end investigations or investigations support functions of external financial crimes activities across one or more lines of business. Key responsibilities include conducting routine to complex investigations, including fraud committed by external parties, money laundering, or terrorist financing and acting as the liaison to Law Enforcement as required.ResponsibilitiesCompletes investigations while overseeing cases meet or exceed closure and quality metricsCompletes Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcementReports facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks and partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) to resolve investigationsPerforms quality control functions, training, communications, guidance, monitoring scenario development input and testing, or law enforcement liaison responsibilities in an investigative support roleSkillsCritical ThinkingFraud ManagementRegulatory ComplianceWritten CommunicationsInvestigation ManagementPolicies, Procedures, and Guidelines ManagementReportingRisk ManagementCoachingIssue ManagementTalent DevelopmentThe Global Financial Crimes Compliance (GFCC) Investigator performs end-to-end investigations across one or more lines of business relevant to the Investigators specific area of responsibility. In the investigative role, the Investigator conducts routine to complex investigations, including fraud committed by external parties, money laundering, or terrorist financing.Required QualificationsMinimum 1 or more years' experience with Fraud, AML, Risk, or Compliance experience and/or knowledge of financial crimes typologiesBachelor's degree or 5 or more years equivalent work experience in areas such as financial crimes, including financial crimes investigations management, fraud management, regulatory compliance, risk management, or issue managementBSA knowledge relative to AML or Fraud as well as general understanding of AML typologies/red flagsProficiency in Microsoft Excel / data analyticsSelf-starter capable of analyzing and reporting independentlyAbility to analyze and manipulate large data setsExperience in manual report writing (compliance reporting, regulatory reporting, SARs reports)Proficiency with writing Policies, Procedures, and Guidelines ManagementKnowledge of criminal typologies and experience investigating financial crimesKnowledge of global markets, banking and investment banking businesses, and related financial crimes risksExcellent written and oral communication skills, including the ability to distill a complicated fact pattern into a coherent and concise narrativeStrong command in English (written and spoken)Proficiency with MS Office programs and ability to quickly learn proprietary technology applicationsExperience analyzing large amounts of data, intelligence and information in order to detect suspicious activityAbility to work in a high energy environment and adhere to strict deadlinesBe a team player, with ability to work independentlyExercise discretion while prioritizing case work based upon management directionAbility to thoroughly analyze and make case related decisions with justificationExperience using closed-sourced and open-sourced research channelsPreferred Technical SkillsRisk Identification & AssessmentLine of Business (LoB) Products, Services & AcumenRisk Governance & ReportingFinancial Crimes Risk ProgramsEnhanced Due DiligenceRegulatory KnowledgeCase Investigations & ResolutionHigh Risk Activities & TypologiesTrading & Transaction Patterns (inc. Transaction Monitoring)Financial Crimes Compliance Risk PrinciplesDesired QualificationsBachelor's Degree in related fieldExperience in financial services and/or a related government entityCertified Anti-Money Laundering Specialist (CAMS)Knowledge of anti-money laundering (AML) regulation and guidance for broker-dealersSIE, Series 3, Series 4, Series 7, and/or Series 24 licensesExperience interacting with Front Line Units & Customers/ClientsKnowledge of FICC or Equity products and services and/or Prime BrokerageLaw enforcement backgroundExcellent written and verbal communication skillsSelf-starter capable of analyzing and reporting independentlyCritical thinker who is intellectually curiousSkillsRegulatory ComplianceFraud ManagementCritical ThinkingWritten CommunicationsInvestigation ManagementPolicies, Procedures, and Guidelines ManagementRisk ManagementReportingIssue ManagementTalent DevelopmentCoachingShift: 1st shift (United States of America)Hours Per Week: 40Pay Transparency details US - NJ - Jersey City - 525 Washington Blvd (NJ2525) Pay and benefits information Pay range $68,500.00 - $100,000.00 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.