Global Financial Crimes Manager

Overview

This role supports Global Financial Crimes (GFC) executives and managers, working closely with the Money Laundering Reporting Officer (MLRO) to identify, manage, and mitigate financial crimes compliance risks in Canada. The position involves regulatory monitoring, risk assessments, monitoring activities, reporting, and training within the framework of the Financial Crimes Global Policy.

• Identify relevant regulatory changes, update the Canada Country Standard, and notify stakeholders of changes and potential impacts.
• Conduct financial crimes risk assessments as required by GFC or local regulatory requirements.
• Identify, build, and execute appropriate monitoring and testing activities.
• Identify and report any matter related to the implementation or execution of the Company’s Financial Crimes Compliance Policy and Standards to the Financial Crimes AMRS Executive and Canada Local Management Team.
• Advising business units on financial crimes risks and potential mitigating controls associated with clients, products, or services.
• Act as GFC Canada KYC/EDD payments specialist for advising and guiding business units and other support functions.
• Provide meaningful management of information, including the review and production of Key Risk Indicators and Key Performance Indicators;
  Execute governance and management routines.
• Support the completion and timely submission of any regulatory reporting required under the legal framework of the jurisdiction.
• Serve as the GFC Canada subject matter expert on Electronic Funds Transfer Reports (EFTRs) and Large Cash Transaction Reports (LCTRs).
• Support, as applicable, any internal Corporate Audit or regulatory examination conducted in the jurisdiction for which the MLRO is responsible, in line with the Company’s Regulatory Exam Standards.
• Lead and oversee the GFC training curriculum for Canada.
• Analyze, investigate, and resolve any investigative case assigned, as defined by regional or local practices, and make any necessary regulatory reporting of suspicious activity.

• At least seven years of anti‑money laundering/financial crimes experience in a similar or related role (e.g., Operations, Audit) within a financial institution, legal or consultancy firm, or regulatory or government authority.
• Expertise in Anti‑Money Laundering/Terrorism Financing/Fraud Programs governance, including issue management, training, monitoring & testing, KYC/EDD, management routines, regulatory oversight, audit management.
• Knowledgeable in global payments (SWIFT, ISO
  20022, ACH) matters as well as Canada Payments systems.
• Ability to influence with impact, engage across various levels of management, including senior and board levels, and with regulators in Canada.
• Sound risk management skills, with the ability to apply discernment, make decisions, and to escalate concerns when necessary.
• Excellent relationship management skills.
• Capabilities to thrive in a rapidly changing environment, self‑identify priorities, meet deadlines, and handle challenging demands and partners.
• Team‑player orientation, willingness to discuss issues in a team environment, and pride in one’s work.
• Strong problem‑solving perspective, adaptability, and a commitment to finding answers to complex issues.
• Ability to synthesize laws, rules and regulations into practice.

• Critical Thinking
• Payments
• Financial and Capital Markets Products
• Regulatory Compliance
• Monitoring, Surveillance, and Testing
• Risk Management
• Issue Management
• Policies, Procedures, and Guidelines
• Management Reporting
• Strategy Planning and Development
• Written Communications
• External Resource Management
• Coaching
• Talent Development

Hours per week: 37.5

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 accommodation needed to support your participation in the recruitment process.