Global Financial Crimes Specialist

2 weeks ago

New York, United States Disability Solutions Full time
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. 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

Job Description:

This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

The Global Financial Crimes ("GFC") Specialist role will support the execution of the Company's Global Financial Crimes Risk program. The role will be focused on reviewing activity in Global Markets - Bank of America Securities ("BofAS), and Global Wealth Investment Management - Merrill Lynch, Pierce, Fenner & Smith ("MLPFS") as well as Bank of America Private Bank and Consumer Investments/Merrill Edge. The team will focus on detecting, escalating and reporting potential suspicious activity to meet BSA regulatory expectations as well as support internal policy requirements., The candidate will use various tools and data analysis to identify, escalate and mitigate risks associated with Anti-Money Laundering ("AML"), such as insider trading, market manipulation and other specified unlawful activities under the Bank Secrecy Act ("BSA").

The GFC Specialist will engage with Global Financial Crimes Risk Managers, Financial Crimes Investigators, Compliance and Operational Risk ("C&OR") officers and Control Partners to identify potential trends and themes to further develop and enhance our financial crimes oversight.
Activities this role performs include, but are not limited to:

Responsibilities:
  • Supports 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
  • Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
  • Assists in the monitoring of 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
  • Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments
  • Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
  • Assists in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
  • Assists in the review of 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 potential insider trading and market abuse/market manipulation through surveillances and analysis of trading activity
  • Executing monitoring routines and evaluating test results to identify potential trends, patterns or gaps in GFC oversight of the financial crimes program
  • Conducting risk assessments and threat assessments to identify new or emerging financial crimes risks


Required Qualifications:
  • 5+ years Financial Industry experience
  • College degree OR 3 years' experience with AML/BSA (or other financial crimes matters)
  • Ability to use Microsoft Excel (VLOOKUP and Pivot tables) and Power Point applications


Desired Qualifications:
  • Ability to analyze data using SQL
  • CAM Certification
  • Audit and/or Economic Sanctions experience
  • CFE Certification
  • Investigations skills and strong interest in data analytics
  • Proficient with large data sets and ability to manipulate data for presentations to Senior Leadership
  • Series 7, 63 or Securities Industry Essentials (SIE) Exam


Skills:
  • Regulatory Compliance
  • Monitoring, Surveillance, and Testing
  • Critical Thinking
  • Risk Management
  • Issue Management
  • Policies, Procedures, and Guidelines Management
  • Written Communications
  • Talent Development
  • Coaching
  • Reporting


Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Global Financial Crimes Manager

    Found in: beBee jobs US - 3 days ago

    New York, New York, United States Bank of America Full time

    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. 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...

  • Global Financial Crimes Manager

    Found in: beBee jobs US - 2 weeks ago

    New York, New York, United States Bank of America Full time

    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. 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...

  • Global Financial Crimes Executive

    Found in: beBee jobs US - 2 weeks ago

    New York, New York, United States Merrill Full time

    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. 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...

  • Global Financial Crimes Manager

    Found in: beBee S US - 3 weeks ago

    New York, United States Bank of America Full time

    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. 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...

  • Global Financial Crimes Manager

    2 weeks ago

    New York, United States Disability Solutions Full time

    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. 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...

  • Financial Crimes Complex Investigator

    Found in: beBee jobs US - 2 weeks ago

    New York, New York, United States Stripe Full time

    Who we are About StripeStripe is a financial infrastructure platform for businesses. Millions of companies - from the world's largest enterprises to the most ambitious startups - use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of...

  • Financial Crimes Compliance Vice President

    7 days ago

    New York, United States Mitsubishi Ufj Trust And Banking Corporation New York Branch Full time

    Responsibilities: Lead the enhancement of the Financial Crimes Compliance procedures and operating manuals to align with the Global Financial Crimes Division Standards. Execute the Anti-Bribery and Corruption (ABC) controls including the review of Gift and Hospitality Requests, Donation request, and perform semi-annual QA. Calculate and report on...

  • Financial Crimes Compliance Vice President

    Found in: Appcast Linkedin GBL C2 - 3 weeks ago

    New York, United States Mitsubishi UFJ Trust and Banking Corporation, New York Branch Full time

    Responsibilities: • Lead the enhancement of the Financial Crimes Compliance procedures and operating manuals to align with the Global Financial Crimes Division Standards. • Execute the Anti-Bribery and Corruption (ABC) controls including the review of Gift and Hospitality Requests, Donation request, and perform semi-annual QA. • Calculate and report...

  • Financial Crimes Compliance Vice President

    2 weeks ago

    New York, United States Mitsubishi UFJ Trust and Banking Corporation, New York Branch Full time

    Responsibilities: Lead the enhancement of the Financial Crimes Compliance procedures and operating manuals to align with the Global Financial Crimes Division Standards. Execute the Anti-Bribery and Corruption (ABC) controls including the review of Gift and Hospitality Requests, Donation request, and perform semi-annual QA. Calculate and report on...

  • Compliance, Financial Crime Compliance

    Found in: Careerbuilder One Red US C2 - 3 weeks ago

    New York, NY, United States Goldman Sachs Full time

    Global Compliance Global Compliance prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of complianceCompliance accomplishes these through the firm's enterprise-wide compliance risk management programAs an independent control function and part of the firm's second line of...

  • Anti-Money Laundering Specialist

    Found in: Appcast Linkedin GBL C2 - 2 days ago

    New York, United States Insight Global Full time

    Must Haves:5+ years AML Investigations backgroundWorked in a large enterprise financial environmentExperience working with high risk SAR’sHigh attention to detailStrong verbal and written communication skillsPlusses:CAMs certificationConsumer banking experienceBrokerage experienceDay to day:Insight Global is looking to hire on a Sr. AML Investigator for a...

  • Anti-Money Laundering Investigator

    1 day ago

    New York, United States Insight Global Full time

    Insight Global is looking to hire on a Sr. AML Investigator for a large financial services client (Hybrid schedule: on site Tuesday, Wednesday and Thursday). This position plays a crucial role in safeguarding financial institutions again money laundering, terrorist financing and other financial crimes. The Sr AML Investigator will conduct enterprise-wide...

  • Administrative Asst-Legal at Global Financial Firm

    2 days ago

    New York, United States Park Hudson Full time

    ADMINISTRATIVE ASSISTANT-LEGAL AT A GLOBAL FINANCIAL FIRM Salary is Open and Flexible (based upon candidate and experience) 100% Paid Benefits; Plus Generous Bonus Potential; and Four Weeks' Vacation Global Financial Firm is looking for an experience Legal, Financial, Administrative, Administrative Assistant, Global, Staffing

  • Trade Finance Officer

    2 days ago

    New York, United States Mission Staffing Full time

    Our client, a well-known international investment bank located in New York, NY, is looking to hire a Trade Finance Compliance Analyst! This individual will be responsible for reviewing trade-related transactions and trade risk profiles, with a specific focus on conducting Trade Base Money Laundering (TBML) due diligence throughout the transactional...

  • Trade Finance Officer

    Found in: Appcast Linkedin GBL C2 - 1 week ago

    New York, United States Mission Staffing Full time

    Our client, a well-known international investment bank located in New York, NY, is looking to hire a Trade Finance Compliance Analyst! This individual will be responsible for reviewing trade-related transactions and trade risk profiles, with a specific focus on conducting Trade Base Money Laundering (TBML) due diligence throughout the transactional...

  • Executive Asst to Inv Team at Global Financial Firm

    2 days ago

    New York, United States Park Hudson Full time

    EXECUTIVE ASSISTANT TO INVESTMENT TEAM AT A GLOBAL FINANCIAL FIRM Salary is Open and Flexible (based upon candidate and experience) 100% Paid Benefits; Plus Generous Bonus Potential; and Four Weeks' Vacation Global Financial Firm is looking for an Ex Financial, Executive Assistant, Executive, Global, Staffing, Business Services, Investment

  • Global CEO

    1 week ago

    New York, United States Cornerstone Global Partners (CGP Group) Full time

    Title: Global CEO - Consumer Healthcare CompanyLocation: New York, United StatesCompany Overview:Our customer is a leading European consumer healthcare company dedicated to improving the health and well-being of individuals across Europe, North America, South America, Asia Pacific and the Middle East. With a strong portfolio of products and a commitment to...

  • Sr Actimize Java developer

    1 week ago

    New York, United States eTeam Full time

    Role Actimize Java developer (Financial Crimes Technology Lead ) The Financial Crimes Technology (FCT) is a dynamic and fast-paced global group within the Legal, Compliance, and Corporate Governance Technology (LCG) organization. We are responsible for implementing state-of-the-art technology solutions for the firm Global Financial Crimes division which...

  • Financial Advisor

    2 weeks ago

    New York, United States Alliance Global Partners Full time

    Job DescriptionJob Description Financial Advisor Position OpportunityWe are a New York City, full-service, national investment banking firm with a 43-year history of serving both retail and institutional clients, with more than 18 locations across the United States.website www.allianceg.comAs we continue to grow, we are seeking established Financial...

  • Anti-money Laundering Compliance Analyst

    1 day ago

    New York, United States Cambio Consulting Group Full time

    Cambio Consulting Group is seeking Anti-Money Laundering Compliance Analysts / Sanctions Compliance Examiners with a **5+ years of experience and a Bachelor's Degree** to join its Federal practice and take an active role in assisting the Department of Homeland Security (DHS). This position is on-site in the New York, New York area **as a full-time position,...