Vice President; Global Financial Crimes Manager

Vice President; Global Financial Crimes ManagerNew York, New YorkJob Description: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.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. Were devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both 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 organization.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!Responsibilities :+ Monitor the changes in regulations applicable to Global Financial Crimes, including advising business leaders on those changes.+ Amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the Front Line Unit implementation plan as needed.+ Identify, report, escalate, challenge the remediation and thematic analysis of Front Line Unit/Control Function-owned issues and control enhancements related to financial crimes.+ Participate in the development and maintenance of the global financial crimes coverage plan which defines the scope and risk-based focus of the second lines risk management activities and/or oversee execution of monitoring, testing, and risk assessments, communicate results.+ Create and develop custom SharePoint Pages to support regulatory change and non-financial regulatory reporting processes.+ Understand global regulatory requirements, including regional legislative frameworks and operational risks in order to translate these into comprehensive documents/policies for key stakeholders.+ Inspect processes, controls and metrics such as regulatory change, non-financial regulatory reporting and Consumer Anti-Money Laundering Operations metrics, to detect and prevent financial crimes and fraud.+ Monitor and understand pipeline of global financial crimes regulatory changes that will impact the firm at a future date.+ Ensure metrics are designed to measure key risks and control performance, monitoring and reporting on metric performance and breach remediation.+ Remote work may be permitted within a commutable distance from the worksite.Required Skills & Experience :+ Bachelors degree or equivalent in Finance, Legal Studies, Accounting, Business, or related; and+ 4 years of experience in the job offered or a related finance occupation.+ Must include 4 years of experience in each of the following:+ Understanding global regulatory requirements, including regional legislative frameworks and operational risks in order to translate these into comprehensive documents/policies for key stakeholders;+ Inspecting processes, controls and metrics such as regulatory change, non-financial regulatory reporting and Consumer Anti-Money Laundering Operations metrics, to detect and prevent financial crimes and fraud;+ Monitoring and understanding pipeline of global financial crimes regulatory changes that will impact the firm at a future date; and+ Ensuring metrics are designed to measure key risks and control performance, monitoring and reporting on metric performance and breach remediation.If interested apply online at /careers or email your resume to bofajobs@ and reference the job title of the role and requisition number.Employer :Bank of America N.A.Shift:1st shift (United States of America)Hours Per Week:40Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$165,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (.To view the "EEO is the Law" Supplement, CLICK HERE (.View the LA County Fair Chance Ordinance (.Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of Americas Drug-free Workplace and Alcohol Policy, CLICK HERE .This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

Created: 2024-11-19