Global Financial Crimes Manager - Metrics & Model Ownership Charlotte, North Carolina **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/Charlotte/Global-Financial-Crimes-Manager---Metrics---Model-Ownership\_25024994) **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 an 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! **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. **Responsibilities:** + Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed + Produces and/or oversees independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders + Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed + Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks + Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees + Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes + Reviews and challenges internal and external operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately **Specific Responsibilities to Role:** The Global Financial Crimes (“GFC”) Process Manager under supervision, assists Global Financial Crimes executives and managers to identify, escalate, report, and mitigate compliance and operational risks that align to the Compliance and Operational Risk Management (“CORM”) Program and the Financial Crimes and Global Compliance Enterprise Policies ("GC Policy”). Responsibilities include: + Create and maintain an inventory of processes in the Single Process Inventory for the Financial Intelligence Unit's automated detection team. + Design and monitor the inventory of Global Financial Crimes reporting dashboards, document their use and ensure appropriate access. + Develop, monitor, maintain, and report on risk appetite and key risk indicator metrics. + Monitor the effectiveness of risk controls performed by the front line unit and their associated control function. + Identify, aggregate, report, and escalate all compliance and operational risks identified through day-to-day activities, including third-party risk. Recommend and implement control enhancements to mitigate control weaknesses. + Assist with preparations for and participate in regulatory exams and audits for Financial Crimes. + Inspect the actions taken to respond to Matters Requiring Attention (“MRAs”) and other related regulatory feedback and ensure that they are timely and adequate. + Ensure all relevant documentation including policies and procedures accurately reflect the work being done and include the necessary guidance from regulatory agencies **Skills:** + 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 Development **Required Qualifications:** + Minimum of 5 years of relevant experience + Intrinsically motivated and can achieve goals with minimal direction. Works well with teammates at all levels of the organization. + Knowledge of anti-money laundering (AML) and related AML legislation + Proficiency in programming languages like Python, Java, JavaScript, C++, SAS and/or SQL + Proficiency in Microsoft Office products including advanced knowledge of Excel + Bachelor's Degree is related field + Experience in financial services and/or a related government entity + Certified Anti-Money Laundering Specialist (CAMS) or equivalent **Preferred Technical Skills:** + Risk Identification & Assessment + Issues Management & Resolution + Line of Business (LoB) Products, Services & Acumen + Financial Crimes Risk Programs + Credible Challenge + Regulatory Knowledge + High Risk Activities & Typologies + Data Analysis, Interpretation & Decisioning + Risk Control & Mitigation + Financial Crimes Compliance Risk Principles **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 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. 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. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.