Global Financial Crimes Manager – Exam and Issue Management

Job Title:

Global Financial Crimes Manager – Exam and Issue Management Corporate

Title:

Vice President

Location:

Chester

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

The Financial Crimes Investigations Manager has oversight of audit and regulator exams and quality and timely issues remediation. This role serves as the primary point of coordination and guidance of responses to regulatory, and audit, exams and issues where International FCI is the supporting stakeholder or a key stakeholder. The position plays a critical role in assessing and recommending process improvement opportunities and driving optimal execution across end-to-end investigative processes.

This role ensures the consistent quality of support activities, processes, and outputs by reinforcing effective review practices and promoting a culture of continuous improvement. The Manager also serves as a subject matter specialist, influencing strategy-making and strategic direction to reduce risk and create robust, high-value investigative outcomes. The position provides strategic oversight and governance of Self-Identified Audit Issues (SIAIs), Audit Identified Issues (AIAIs), Risk Identified Audit Issues (RIAIs), regulatory commitments, mentor action plans and associated remediation activities.

You will ensure timely, sustainable and well-governed responses to regulatory expectations while maintaining good relationships with internal stakeholders across Compliance, Audit, Risk, Legal, Enterprise Control Functions and regional Financial Intelligence Units.

• Monitors the changes in regulations applicable to Global Financial Crimes, including advising business mentors, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and investigate the implementation plan as needed
• Conduct end-to-end process assessment to uncover inefficiencies and recommend improvements that enhance investigative outcomes. Reduce non-value-added processes and create robust, high-value investigation outcomes.
• Evaluate the effectiveness of internal structure and identify gaps or weaknesses.
• Provide subject matter knowledge to support the development of regulatory changes.
• Monitor regulatory changes and advise business stakeholders on implications; ensure timely updates to policies, standards, and procedures.
• Oversee remediation of financial crimes-related compliance and operational risk issues.
• Assist in the…