Current jobs related to Global Financial Crimes Manager - Phoenix, Arizona - Bank of America


  • Phoenix, Arizona, United States AMEX Full time

    Job DescriptionWork Location Options:HybridAt American Express, our culture is built on a 175-year history of innovation, shared and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and...


  • Phoenix, Arizona, United States American Express Full time

    At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new...


  • Phoenix, Arizona, United States AMEX Full time

    Job DescriptionWork Location Options:HybridAt American Express, our culture is built on a 175-year history of innovation, shared and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and...


  • Phoenix, Arizona, United States AMEX Full time

    Job DescriptionWork Location Options:HybridAt American Express, our culture is built on a 175-year history of innovation, shared and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and...


  • Phoenix, Arizona, United States beBeeCompliance Full time

    Job DescriptionWe are seeking a highly skilled Financial Crimes Analyst to join our team. As a key member of our Global Financial Crimes Compliance (GFCC) team, you will play a critical role in leading the enterprise-wide Anti-Money Laundering, Sanctions, and Anti-Corruption compliance functions.Your primary responsibility will be to oversee the execution of...


  • Phoenix, Arizona, United States beBeeCompliance Full time

    Job DescriptionThe role involves coordinating and managing communication between financial crimes compliance experts, project teams, and leadership to address detailed questions regarding financial crimes compliance processes.This will require maintaining documentation and evidence for requests and responses, as well as becoming an expert in financial crimes...


  • Phoenix, Arizona, United States beBeeRiskManagement Full time

    Job DescriptionAt our organization, we prioritize innovation and collaboration to deliver exceptional results. As a key member of the team, you will contribute to our mission by executing strategic initiatives that drive growth and success.Within our Financial Crimes Risk Management department, you will play a vital role in overseeing the implementation of...


  • Phoenix, Arizona, United States beBeeCompliance Full time

    Financial Crimes Compliance SpecialistWe are seeking a highly skilled and motivated Financial Crimes Compliance Specialist to join our team. As a key member of our Product Approval team, you will play a critical role in ensuring the integrity of our financial products and services.The successful candidate will be responsible for coordinating with...


  • Phoenix, Arizona, United States American Express Full time

    At American Express, our culture is built on a 175-year history of innovation, shared and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills,...


  • Phoenix, Arizona, United States beBeeFinancial Full time

    Threat Assessment ManagerWe are seeking a Threat Assessment Manager to join our team. This role plays a key part in proactively detecting and analyzing financial crime threats and advising on controls to strengthen our Anti-Money Laundering program.Job Responsibilities:Conduct in-depth intelligence collection and analysis of financial crime trends, including...

Global Financial Crimes Manager

3 weeks ago


Phoenix, Arizona, United States Bank of America Full time

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.

The Global Financial Crimes Investigations Risk Manager is responsible for managing and mitigating financial crime operational risks. This role involves developing risk management strategies and ensuring compliance with regulatory standards. The manager will work closely with various departments to create a robust financial crime risk framework and promote a culture of compliance and ethical behavior.

Risk Management Activities will include:

Identify, assess, and monitor AML and Fraud financial crime operational risks

Ensure compliance with relevant regulations and industry standards

Collaborate with internal stakeholders, such as legal, compliance and audit teams during investigations

Coordinate with external stakeholders, including law enforcement and regulatory agencies as needed

Influence peers and executives across organization to remove road blocks and take action on QA deliverables, regulatory requirements and process improvements

Ensure proper testing and validation of process and key metrics aligned to process inventory

Maintains a culture of compliance and supports identification, escalation and timely mitigation of compliance risks

Applies knowledge and expertise to influence business managers and peers to ensure enforcement of high quality and risk standards

Notifies key stakeholders of trends and concerns in order to ensure timely response to issues. Interfaces with auditors, business and support leaders

Prepare and present regular reports on financial crime risks and investigations to senior management

Maintain comprehensive documentation of investigation processes, findings, and outcomes

Ensure timely and accurate reporting to regulatory authorities as required

Foster strong relationships with key stakeholders across the organization

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 committees

Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of issues and control enhancements related to financial crimes

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

Required Qualifications:

Minimum of 5 years of relevant experience

Knowledge of anti-money laundering (AML) and related AML legislation

Excellent analytical and problem-solving skills

Strong communication and interpersonal skills

Ability to work effectively in a fast-paced and dynamic environment

Monitoring, Surveillance, and Testing

Regulatory Compliance

Risk Management

Strong leadership and decision making capabilities

Ability to influence and drive change across the organization

Proficient in using technology and data analytics

Issue Management

Policies, Procedures, and Guidelines Management

Strategy Planning and Development

Desired Qualifications:

Bachelor's Degree in related field

Experience in financial services and/or a related government entity

Certified Anti-Money Laundering Specialist (CAMS)

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

Shift:

1st shift (United States of America)

Hours Per Week: 

40