AML Refresh -Operations Sr. Analyst MKTS

AML Refresh -Operations Sr. Analyst MKTS

Greensboro, North Carolina

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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 :

This job is responsible for providing moderately complex research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Line of Business Job Description :

Anti Money Laundering (AML) Know Your Customer / Client Due Diligence (KYC / CDD) is part of the Global Operations organization and is responsible for client AML / KYC refresh globally. The team supports the business in completing AML / KYC due diligence checks as well as maintaining client records.

Responsibilities :

Conducting client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines

Review of refresh requirements for assigned jurisdiction in line with related Client Identification Profile (CIP) / CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.

Liaise with sales / client outreach teams to obtain and validate correct documentation to fulfill refresh requirements

Perform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all refresh requirements are met

Ensure all jurisdictional regulatory requirements related to KYC are adhered to

Support business with KYC related queries and requests

Participate in remediation, internal / external Audits (where applicable)

Maintains accuracy of client portfolio using internal and external comparison tools

Performs research and conducts moderately complex analyses using established techniques, including transactions that require special handling and exception handling

Explores methods to enhance processes, further reduce risks, and boost client experience

Creates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reporting

Escalates potential risks and exposures to manager in a timely manner

Assists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions

Job Requirements :

2+ years of financial services experience

Excellent verbal and written communications skills

Documented experience performing in a process-oriented production environment that changes periodically

Familiar with MS Office Suite(Excel / Word / Outlook / Access)

Work in a team environment

Organize work, prioritize tasks and handle multiple assignments simultaneously

Successfully meet tight deadlines while ensuring data accuracy and integrity

Work and execute with minimal supervision or remote management

Skills : Attention to Detail

Critical Thinking

Data Collection and Entry

Recording / Organizing Information

Research

Fraud Management

Interpret Relevant Laws, Rules, and Regulations

Problem Solving

Quality Assurance

Risk Management

Adaptability

Customer and Client Focus

Prioritization

Result Orientation

Written Communications

Shift :

1st shift (United States of America)

Hours Per Week : 40

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. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "Know your Rights" poster, CLICK HERE () .

View the LA County Fair Chance Ordinance () .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.