AML Analyst – High Risk Detection

at  Bank of America

ADDITIONAL SKILLS:

• Excellent written and verbal communication skills
• Proficient in Microsoft Office applications, including Excel, Word, and SharePoint
• Working knowledge of Global Banking & Global Markets and applicable systems/tools
• Process improvement and six-sigma experience
• ACAMS accreditation

ROLE DESCRIPTION:

The Global Banking & Global Markets Anti-Money Laundering organization is a central control function which governs, facilitates, and oversees the end-to-end AML program across all businesses and jurisdictions globally. The High-Risk Detection Team is part of AML Operations supporting Global Banking and Global Markets businesses which is designed to manage high risk through ongoing monitoring and due diligence.

RESPONSIBILITIES:

• You will review client and party screening for determination of adherence to Global Laws, Rules, and Regulations
• You will oversee client types and collection of enhanced due diligence
• You will complete reviews of clients who fall under the purview of High-Risk Detection Team
• You will support Audit, Exam and/or Testing processes, ensure proper governance and protocol is followed; assist with preliminary research and response tracking
• You will provide solutions to help with implementation of process improvements or remediation plans to drive efficiencies and demonstrate control sustainability
• You will coordinate and partner across other support teams and stakeholders to ensure end-to-end process engagement and timely resolution of monitoring cases