Operations Professional– Anti-Money Laundering (Client Refresh)

at  Bank of America

JOB DESCRIPTION:

Job Title: Operations Professional – AML (Client Refresh)
Corporate Title: Assistant Vice President

ADDITIONAL SKILLS:

• Excellent verbal and written communications skills
• Familiar with MS Office Suite (Excel/Word/Outlook/Access)
• Thrives in a collaborative team environment

Benefits of working at Bank of America Ireland:

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work because of a disability or health reasons
• 20 days of back-up childcare including virtual tutoring and 20 days of adult-care per annum
• Ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, specified illness cover etc
• Use of a flex fund to use towards benefits
• Access to free counselling through an Employee Assistance Programme and virtual GP services
• Opportunity to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to join our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

ROLE DESCRIPTION:

Anti Money Laundering, Know Your Customer/Client Due Diligence is part of the Global Operations organization and is responsible for the end-to-end client AML KYC refresh globally. The team supports the business in completing KYC / CDD checks as well as maintaining client records.
The associate will be responsible for the analysis & resolution of the operational process and will become a technical expert in KYC/CDD procedures. The environment is constantly changing as new initiatives & systems are implemented and there will be the opportunity for the associate to contribute towards these exciting changes. As a technical expert, the associate will work complex cases and also help guide less experienced associates in resolving operational problems.

RESPONSIBILITIES:

• You will conduct client due diligence and enhanced due diligence in accordance with internal policies, procedures and regulatory guidelines aligned to jurisdictions and/or client structures.
• You will conduct the KYC / CDD checks on clients that are part of the standard Refresh cycles or outside of the standard cycles due to a change in client or jurisdictional requirements.
• You will Liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfil refresh requirements
• You will perform client remediation/refresh through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all requirements are met
• You will participate in internal/external Audits and Quality checks