High Risk Detection - Senior Business Control Specialist

Bank of America

Bank of America

This job is no longer accepting applications

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Charlotte, NC, USA
Posted on Wednesday, December 6, 2023

Job Description:

The Global Banking & Global Markets Anti-Money Laundering (GB&GM AML) organization is a central control function which governs, facilitates, and oversees the global end-to-end GB&GM AML program across all GB&GM businesses and jurisdictions through implementation of processes and controls to effectively managing AML risks. This position is responsible for managing and supporting the GB&GM AML Screening team which is tasked with identifying potential clients with Adverse News and/or Senior Political Figures/Politically Exposed Persons

Key Responsibilities and competencies:

  • Communication and problem solving of complex reviews involving Global Laws, Rules and Regulations
  • Ability to balance and prioritize across multiple deliverables and tight timelines
  • Complete analysis and/or reviews of clients with alerts related to Adverse News and Politically Exposed Persons
  • Support Audit, Exam and/or Testing processes, ensure proper governance and protocol is followed; assist with preliminary research and response tracking
  • Provide solutions to help with implementation of process improvements or remediation plans to drive efficiencies and demonstrate control sustainability
  • Coordinate across other GB&GM support partners and stakeholders to ensure end-to-end process engagement
  • Develop proactive risk mitigation strategies through activity monitoring processes
  • Identify issues and/or control improvements for remediation
  • Acts as an ambassador of the risk culture

Required Skills:

  • Professional maturity and experience to interact with, compliance, senior bankers and senior management
  • 2 or more years of relevant work experience with AML programs and risk management, specific knowledge of SPF/PEP and Adverse News
  • Must be detail oriented with ability to analyze and consolidate complex KYC and screening information. Understanding of evolving Laws, Rules and Regulations for AML is core and applying this to day-to-day-engagement with both operations and bankers is key to success
  • Demonstrated ability to think strategically and execute tactically
  • Ability to read and understand complex matters, anticipate risks, and summarize key information
  • High attention to details and strong organizational skills
  • Strong written and verbal communication skills
  • Proficient in Microsoft Office applications, including Excel, Word and SharePoint
  • Self-starter with excellent anticipation skills, problem solving & follow-up
  • Demonstrated dependability and ability to act with a sense of urgency
  • Ability to interact with people in all levels of the organization
  • Ability to work well under pressure, adapt to unexpected events, prioritize and multi-task in a deadline driven environment
  • Ability to work in a fast paced and complex environment

Desired Skills:

  • Working knowledge of Global Banking & Global Markets and applicable systems/tools
  • Process improvement and six-sigma and/or data analysis experience
  • Bachelor’s degree in related field or equivalent experience
  • ACAMS accreditation


1st shift (United States of America)

Hours Per Week:


This job is no longer accepting applications

See open jobs at Bank of America.