Global Financial Crimes Manager

Bank of America is seeking a financial crimes professional to assist Global Financial Crimes (GFC) executives and managers in the identification, escalation, and mitigation of compliance risks in alignment with the Financial Crimes Global Policy.

• Identifying relevant regulatory change, updating the Canada Country Standard, and notifying relevant stakeholders of the change and potential impact.
• Conducting financial crimes risk assessments when required by either GFC or local regulatory requirements.
• Identifying, building and executing appropriate monitoring and testing activities.
• Identifying and reporting any matter relating to the implementation or execution of the Company's Financial Crimes Compliance Policy and Standards, as applicable, 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.
• Acting as GFC Canada KYC/EDD, payments specialist for advising and guiding business units and other support functions.
• Providing meaningful management of information, including the review and production of Key Risk Indicators and Key Performance Indicators.
• Executing governance and management routines.
• Supporting the completion and timely submission of any regulatory reporting required under the legal framework of the jurisdiction.
• Being the GFC Canada subject matter expert on Electronic Funds Transfer Reports (EFTRs) and Large Cash Transaction Reports (LCTRs).
• Supporting, 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.
• Leading and overseeing the GFC training curriculum for Canada.
• Analysing, investigating and resolving any investigative case assigned to them, as defined by regional or local practices, and making 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) in a financial institution, legal or consultancy firm or with a regulatory or government authority.
• Expertise in Anti-Money Laundering/Terrorism Financing/Fraud Programs governance (issues management, training, monitoring & testing, KYC/EDD, management routines, regulatory oversight, audit management, etc.).
• Knowledgeable in global payments (SWIFT, ISO 20022, ACH) matters as well as in Canada Payments systems.
• Ability to influence with impact, engage across various levels of management, including very senior management and board levels and with regulators in Canada.
• Sound risk management skills and an ability to apply discernment, take decisions when required and to elevate concerns when necessary.
• Excellent relationship management skills.
• Can make decisions in a rapidly changing environment.
• Ability to self-identify priorities, deliver to deadlines and handle challenging demands and partners.
• Great teammate, willing to interact and discuss issues in a team environment, and take pride in your work.
• Able to deliver a flexible and solutions-driven perspective, to solve problems and to seek answers to complex issues.
• The 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

Bank of America is an Equal Opportunity Employer. Applicants with disabilities may notify us of any accommodation needed to support your participation in the recruitment process. Please be aware that only candidates selected for interviews will be contacted for this position.

Shift:
Non‑specified

Hours per week: 37.5