Senior Analyst - Global Financial Crimes

Company: Disability Solutions
Location: Charlotte
Posted on: November 1, 2024

Job Description:

Job 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. We're 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!Job Description:This job is responsible for executing substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, operational/fraud risk management requirements.The Financial Crimes Analytics Senior Analyst is a subject matter expert in the identification and evaluation of financial crimes. The Senior Analyst is responsible for assembling relevant information and performed a deeper assessment, compiling a crisp illustration of the problem, and communicated that with stakeholders including executive leadership across all lines of businesses. The incumbent is regularly interacting with senior executives and influencing outcomes through clear risk mitigation recommendations. In addition, a Senior Analyst is responsible for helping more junior analysts improve their skills to identify and escalate risk.Additional Responsibilities:

• Well rounded financial crimes expertise, experience with Fraud, AML and Sanctions typologies, trends, and internal bank processes
• Proven ability to identify, escalate and debate potential gaps in program with sound recommendations for remediation
• Ability to identify and summarize risk associated with high profile matters
• Understands and influences the handoff from analysis to Bank Secrecy Act reporting
• When appropriate work with law enforcement and other external partners to identify potential risks, and ensure reporting
• Ability to navigate bank data warehouses and source routine data for analysis
• Ability to influence senior leaders on mitigation techniques by using data to propose fact based solutions
• Understands what financial crimes risk looks like in the data, ability to partner across the enterprise to quantify and explain existing and emerging risks
• Able to translate that knowledge to new teammates, assist with their growth and development - leadership capabilities
• Understands the internal processes related to Fraud, AML and Sanctions riskSkills:
  • Critical Thinking
  • Monitoring, Surveillance, and Testing
  • Regulatory Compliance
  • Risk Management
  • Coaching
  • Issue Management
  • Policies, Procedures, and Guidelines Management
  • Strategy Planning and Development
  • Written Communications
  • External Resource Management
  • Reporting
  • Talent DevelopmentRequired Qualifications:
    • Minimum 7 years of relevant experience in risk management, financial crimes investigations, anti-money laundering (AML), Fraud, and/or Economic Sanctions regulations
    • Data analytics experience, including writing/editing SQL and/or strong Excel (macros), or Python or similar technical experience
    • Experience translating complex information into automated, impactful, actionable risk analytics
    • Experience communicating reports/ing in an executive-ready manner Desired Qualifications:
      • Knowledge of anti-money laundering (AML) and related AML legislation
      • Prior law enforcement experience working financial crimes
      • Strong business acumen preferred
      • Certified Anti-Money Laundering Specialist (CAMS) certification, and Certified Fraud Examiner (CFE) certification preferred Visit http://www.acams.org"> www.acams.org to learn moreShift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842)Pay and benefits informationPay range$103,000.00 - $165,300.00 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.

Keywords: Disability Solutions, Spartanburg , Senior Analyst - Global Financial Crimes, Professions , Charlotte, South Carolina