Global Financial Crimes Specialist – Quality Control

Global Financial Crimes Specialist – Quality Control

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Global Financial Crimes Specialist – Quality Control

Up to Vice President

Belfast

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. We’re devoted to being a diverse and inclusive workplace for everyone.

Bank of America believes 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 organisation.

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!

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 you’re local or considering relocation, you’ll find a welcoming environment, an excellent quality of life, and the opportunity to help shape the future of banking.

This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include supporting 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.

• Perform quality control (QC) tests to ensure AML and Fraud investigations are completed in accordance with regulatory requirements and internal procedures.
• Review and score simple to complex AML and fraud cases for GFC Non‑US investigations; evaluate any errors or discrepancies and document findings in a timely manner.
• Support the development and maintenance of financial crimes owned policies and standards, and review relevant Front Line Units/Control Functions‑owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed.
• Assist in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk senior leaders and FLU/CF senior leaders.
• Assist in monitoring changes in regulations applicable to Global Financial Crimes, advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures or processes to address regulatory requirements, and challenging the implementation plan as needed.
• Contribute to risk coverage plans, execute independent risk monitoring, testing and risk assessments.
• Support escalating financial crimes‑related compliance and operational risks and issues to appropriate governance routines, management/board level committees.
• Identify and track any required remediation actions and ensure timely documentation.
• Maintain and update QC procedures to align with regulatory and internal standards.
• Respond to audit‑related queries and provide necessary documentation.
• Prepare and deliver monthly QC reports in a timely manner with accurate findings and recommendations.
• Provide training and guidance to relevant stakeholders, including QC associates, investigators, QA teams and MLROs, as required.

• Demonstrated business and functional experience in AML or fraud.
• Bachelor’s degree or equivalent experience.
• Confident working within global policies, procedures and risk management guidelines.
• Strong organisational skills, time management and attention to detail.

• AML experience reviewing cases in broker‑dealer, global financial crimes and/or terrorist financing.
• Excellent Microsoft Office skills including Excel, PowerPoint, Word and Access.

• Private healthcare for you and your family.
• Competitive pension plan, life assurance and group income protection cover if you become unable to work due to a disability or health reason.
• 20 days of back‑up childcare including virtual tutoring and 20 days of back‑up adult care per annum.
• Ability to change core benefits and select flexible benefits to suit your personal circumstances including a wellbeing account, travel insurance, critical illness etc.