Global Financial Crimes Manager - Enterprise Monitoring & Testing Program

Global Financial Crimes Manager - Enterprise Monitoring & Testing Program

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 Crime ("GFC") Manager contributes to the direction and drives the development of enterprise-wide money laundering, economic sanctions, and fraud compliance and operational risk practices consistent with applicable laws, rules, regulations, and regulatory guidance. This role is responsible for customer due diligence (CDD) related requirements relating to financial crimes (FC) laws, rules, regulations (LRRs) and processes that cover the U.S. and 38 non-U.S. jurisdictions.

Responsibilities include :

• Oversight of Global Financial Crimes (GFC) monitoring and testing activities performed by GFC Risk Officers for appropriate coverage, risks, actions needed, and reporting of results;
• Lead discussions with the business, GCOR and GFC partners to analyze business processes and related internal controls to identify potential issues in meeting regulatory requirements or those causing increased operational risk;
• Advise and / or communicate with senior leaders on areas of coverage, key risk areas and mitigation activities;
• Establish, monitor and report on GFC and business metrics that are reflective of key risks;
• Evaluate the risk of assigned FC issues, monitor progress and provide no objection to action plans and closure activities;
• Perform review and challenges of business-related processes;
• Participate in Audits and Exams to provide Risk Manager perspective on critical issues;
• Escalate FC compliance and operational risks and issues to the appropriate governance routines as required;
• Provide regular reporting on assigned areas of coverage to support GFC and FLU management and governance routines.

The selected candidate will be or will have :

Skills :

Required Qualifications :

Desired Qualifications :

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws.