Hybrid Global AML Operations – Business Control Manager

at Bank of America

• Job title: Global AML Operations – Business Control Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Jacksonville, United States

About the role

• Business Control Manager at Bank of America leading AML compliance efforts and operational excellence. Collaborating with executives to build data-driven solutions and champion risk mitigation strategies.

Responsibilities

• Leads the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
• Performs monitoring and testing of controls, identifying issues and control improvements for remediation
• Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
• Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
• Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting
• Develops and maintains expert-level understanding of applicable AML rules, regulations and enterprise policies, as well as Wealth Managements business control environment for AML
• Challenges the status quo, finding opportunities to deliver both risk mitigation and operational excellence through development or enhancement of policies and procedures
• Demonstrates influence through clear and crisp presentation of analytical results and recommendations to senior management
• Coordinates projects and ensures comprehensive process documentation for all initiatives
• Effectively relates data to appropriate business context and clearly and appropriately summarizes to audiences, including audit and regulatory bodies
• Builds strong partnerships and collaborates effectively with business, risk, and technology partners

Requirements

• 4+ years’ experience in AML/KYC and compliance roles
• Control focused mindset and ability to distill complex regulatory and reputational risks
• Strong executive presence and communication skills (verbal and written)
• Highly motivated, proactive and a self-starter; strong sense of ownership & ability to create and execute plans without daily oversight
• Possess mature business judgment and be proactive, well organized and results-oriented
• Interpersonal skills to lead and participate within a diverse group of constituents which are distributed across functional areas and physical locations
• Must have ability to work in a fast paced, cross-functional environment
• Ability to recognize gaps and execution risks and acumen to devise appropriate remediation plans
• Knowledge of financial and banking products, policies, operations and applicable procedures
• Ability to liaise with internal and external stakeholders and deal with people with different experiences and backgrounds

Benefits

• Be part of an inclusive workplace
• Support physical, emotional, and financial wellness
• Opportunities for career development and impactful work