Global Financial Crimes Specialist Governance & Reporting

Job Description:

Job Title:

Global Financial Crimes Specialist Governance & Reporting Corporate

Title:

up to Vice President

Location:

Belfast Company Overview:
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.

Were 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! Join Us in Belfast A City of Opportunity and Innovation Were thrilled to announce the opening of our new office in Belfasta vibrant, fast-growing hub for financial services and technology, and a strategic addition to Bank of Americas global footprint.

This expansion underscores our commitment to investing in talent and driving innovation across the UK and Ireland. Our new offices at City Quays are in the heart of a city celebrated for its rich history, dynamic culture, and thriving business community. Whether youre local or considering relocation, youll find a welcoming environment, an excellent quality of life, and the opportunity to help shape the future of banking.

About Bank of America in Belfast Bank of America is one of the worlds leading financial institutions, powered by approximately 213,000 talented employees worldwide. Our new Belfast facility will strengthen our business continuity planning and risk management capabilities while reinforcing the expertise and value delivered across our global teams. Were committed to creating up to 1,000 new roles, starting with positions in Global Anti-Money Laundering Operations and Global Financial Crimes Compliance.

These teams will focus on critical areas such as client due diligence, quality assurance, and regulatory compliance support key functions that safeguard the integrity of the international financial system. Role

Description:

This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

Responsibilities:
Assists with maintenance of Non-US financial crimes investigations processes, ensuring risks are managed through robust controls and metrics which provide robust monitoring of performance. Drives change to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed Assists with the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders Supports the Non-US financial crimes investigations case inventory, ensuring adherence to enterprise and local Laws, Rules, and Regulations Contributes to change through governance routines, escalating to management/board level committees as appropriate Assists 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 Facilitates requests for information concerning Non-US financial crimes investigations from internal and external Bank of America stakeholders as required.

Continuous focus on operational excellence of the end-to-end processes of existing programs Manages Reporting and analysis of program data and overall performance with teams, vendors, and partners Supports the development, preparation, analysis, and monitoring of key metrics to ensure effective performance measurement and operational oversight, including developing go-to-green remediation plans. Provides oversight and prepares management reports to track inventory aging, productivity and capacity planning, including building dashboards, monitoring performance trends, escalating threshold breaches and remediation plan.

Supports governance and oversight routines, including risk…