Global Financial Crime Executive - Financial Intelligence Unit

Global Financial Crime Executive I - Financial Intelligence Unit - Detection

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The Global Financial Crime ("GFC") Executive I - Financial Intelligence Unit - Detection contributes to the direction and drives the development of enterprise-wide anti-money laundering automated detection function and operational risk practices consistent with applicable laws, rules, regulations and regulatory guidance. The GFC Executive I serves as a trusted advisor to the Chief Compliance and Operational Risk ("C&OR") Officers of the Front Line Units ("FLU") and Control Functions ("CF") for the company and to the leaders of the FLUs and CFs directly.

Responsibilities Include :

• Provide oversight for the target state Event Processing (EP) and Transaction Monitoring processes and technology.
• Provides end-to-end oversight of target state EP model. Model oversight includes determining model coverage, gap assessments, RAI status and regulatory change impacts. Other responsibilities include Model Performance Monitoring Issue Oversight, metrics and High-Risk Processes (HRPs).
• Coordinates with GFC Modeling Analytics; Model Risk Management; and Financial Crimes Technology on the development, enhancement and maintenance of target state EP model.
• Provide subject matter expertise and oversight in the development of FLU technology and processes related to the end-to-end target state EP environment.
• Provide subject matter expertise and oversight in the development of metrics and reporting to support the target state EP model and processes.
• Direct oversight of the project management of the SAM / EP / Model remediation efforts.

Managerial Responsibilities : This will have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

Required Subject Matter Expertise and Skills :

Skills :

Preferred Technical Skills :

Preferred Leadership Behaviors :

Preferred Qualifications :

Shift : 1st shift (United States of America)

Hours Per Week : 40