Officer - AML/CDD Onboarding Analyst at Bank of America

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

07 Jan, 26

Salary

0.0

Posted On

09 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

AML, KYC, Client Due Diligence, Regulatory Compliance, Communication Skills, Teamwork, Pressure Management, Stakeholder Liaison, Self-Motivation, Analytical Skills, Document Review, Enhanced Due Diligence, Audit Participation, Project Involvement, Control Focused Mindset, Reputational Risk Understanding

Industry

Banking

Description

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 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 us! Job Description: Full Time Employee to support the AML/CDD, Global Banking and Markets onboarding process. The team covers new client onboarding, expansion, data maintenance as its core activities and are responsible for completing AML/CDD checks in line with country standards and CIP/CDD procedures. The team also covers internal/external audits, remediation of AML KYC/CDD of bank clients. Responsibilities: Perform document gap analysis by reviewing available documentation and evaluating information available for India jurisdiction. Liaise with sales/client teams to obtain and validate correct documentation. Process AML/CDD by enriching onboarding requests in the system and performing enhanced due diligence as required. Support creation of key business metrics. Liaise with internal departments to support KYC issues - Involvement in ad hoc projects for new processes or industry initiatives. Participate in remediation, internal/external Audits Requirements Experience in similar role (preferred) Control focused mindset and good understanding of regulatory and reputational risks. (knowledge of India requirements a plus) Excellent communications skills and ability to present to an audience. Ability to work under pressure in a team environment. Ability to liaise with all levels of the firm and people with different experiences and backgrounds. Self-motivated. Bank of America Merrill Lynch is an equal opportunities employer. Skills: 5-6 years’ experience in AML/KYC roles. Relevant experience on Client Due Diligence review on Corporate clients, Knowledge of APAC regulations (India regulations preferred). Control focused mindset and good understanding of regulatory and reputational risks. Excellent communications skills and ability to present to audience. Ability to work under pressure in a team environment. Ability to liaise with internal and external stakeholders and deal with people with different experiences and backgrounds and be able to get work done. Self-motivated and assertive. 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

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Responsibilities

The Officer - AML/CDD Onboarding Analyst will support the AML/CDD onboarding process for Global Banking and Markets, focusing on new client onboarding and data maintenance. Responsibilities include performing document gap analysis, liaising with sales teams, processing AML/CDD requests, and participating in audits and remediation efforts.