Assistant Vice President - AML Refresh Operations - Global Banking and Global Markets Mumbai, India **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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! **The Function** The BANA India Refresh Team are part of Global Banking & Global Markets Operations which ensures the Periodic Refresh or reviews are completed within the stipulated timelines as per their dynamic risk rating. The Team works with refresh analyst globally and ensures the regulations for corporate clients are satisfied. The Team more over acts as a support function and performs processes like Document Gap analysis, Pan validation and Centralized Know your customer (CKYC) uploads to CERSAI Portal. The team also participates in periodic internal and external audits, regulatory submissions and furnish refresh datapoints to relevant stakeholders. **The Role** Full Time Employee to support the AML/CDD, Global Banking and Markets Refresh process. The team covers Periodic Refresh or reviews & CKYC (Centralized KYC) as its core activities and are responsible for completing AML/CDD checks in line with country standards and CIP/CDD procedures. **Role Responsibilities** + Perform document Gap analysis with available documents and ensure it meets the regulation. + Perform CKYC Process and ensure timeliness. + Provide support to Periodic Refresh or reviews by conducting Pan validations and other sub processes that might be required to fulfill the checklist. + Be well versed & ensure any new regulations improvised/altered or added by regulator are put to implementation. + Partner with colleagues in Banking, Sales, FLU cross regional teams and other groups as needed. + Partner with MLRO for cases where guidance or relevant approvals are required to help complete refreshes on time. + Monitor and understand the risks and impacts of non-compliance with KYC processes, including restrictions, closures. + Participate in internal & external audits which requires deep research and investigation skills. + Provide support in any remediations which might have tight deadlines. + Prepare the MIS & Control reports and ensure the various stakeholders queries are answered. + Challenging the status quo and suggest process streamlining where required. + Embrace a collaborative and output-oriented culture. **Required Skills** + Postgraduate or equivalent degree. + 5-7 years’experience in Anti-Money Laundering (AML)/ Know your customer (KYC). + Well versed with Country regulations for corporate customer KYC’s. + Preferred: Certified Anti-Money Laundering Specialist (“CAMS”) or any other AML /KYC certifications. + Knowledge of AML CDD policy and standards, industry practices in AML CDD, including legal entities in global jurisdictions. + Initiative: Identify process improvements, demonstrate a "self-starter" behavior and a willingness to help others, and show potential to require minimal supervision. + Excellent proficiency using Microsoft office products, particularly Microsoft PowerPoint, Excel, Word + Excellent interpersonal skills for motivation, collaboration and encouragement + Excellent communication skills to demonstrate collaborations with various groups as and when required. 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, 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 "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . 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 America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. 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. 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