Global Financial Crimes Manager

Bank of America

Bank of America

Accounting & Finance
Toronto, ON, Canada · United States · Remote
Posted on Thursday, June 27, 2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description
This job is responsible for supporting the execution of the Company’s Anti-Money Laundering Program by leading a regional Coverage Execution Team of about 10-15 full time employees (FTE) with a focus on Global Banking and Markets, Global Payment Solutions and Global Operations.

Key responsibilities include leading a team responsible for executing compliance activities related to GFC’s implementation of the Global Financial Crimes Policy and Standards, and relevant Country Standards. The role is also required to assist Global Financial Crimes executives with activities that support the identification, escalation and timely mitigation of financial crimes risks.


Leads a team that supports the execution of the Global and Country Financial Crimes Programs in the Non-US Americas region to include:

  • Developing and maintaining of Global Financial Crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and procedures to ensure that regulatory requirements and operational risks are appropriately addressed

  • Assisting in the production of independent financial crimes risk management reporting to Senior Leaders

  • Assisting in the monitoring of changes in financial crimes regulations

  • Contributing to risk coverage plans, executes independent risk monitoring, testing, and risk assessments

  • Collaborating with Enterprise Independent Testing to execute independent testing of FLU/CF responsibilities

  • Assisting in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes

  • Reviewing and challenging the FLU/CF’s Single Process Inventory for financial crimes related processes and controls

  • Escalating financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees

  • Liaising with other Coverage Execution Team (CET) managers to ensure consistency in program implementation

  • Managing relationships with key stakeholders to ensure smooth execution of Program activities.


  • Management experience

  • Financial Services experience or related government entity experience

  • Ability to handle multiple projects in a dynamic environment and global team setting

  • Ability to give clear direction and help prioritize activities for the team

  • Strong written and verbal communications

  • Strong personal drive, attention to detail, individual initiative, a sense of urgency and responsiveness, with a desire to grow, learn and take on increasing levels of responsibility

  • Understanding of Global Payment Solutions products and processes

  • Must be a self-motivated, critical thinker who is comfortable and effective working with varying levels of guidance

  • Presentation and Reporting Skills, including proficient in PowerPoint and Excel

  • Certification: ACAMS – Association of Certified Anti-Money Laundering Specialists

  • Understanding of Enterprise Compliance processes

  • Critical Thinking

  • Compliance experience to include:

    • Monitoring, Surveillance, and Testing.

    • Regulatory Compliance.

    • Risk Assessment.

    • Issues Management.

    • Reporting and metrics.


  • Bachelors’ degree or equivalent years of experience

  • 5-10 Years working in anti-money laundering compliance, audit, risk or testing position.

What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America is an Equal Opportunity Employer.

Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.