"Alerted.org

Global Financial Crimes Manager - Policy & Standards

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/XMLNAME---Global-Financial-Crimes-Manager---Policy---Standards\_25040818)

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!

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 Global Financial Crimes Manager - Policy & Standards is a senior leader within the bank’s Financial Crimes organization, responsible for setting, maintaining, and governing enterprise-wide policies and standards that ensure compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations, and other applicable global financial crime laws and regulations. This individual contributor role provides strategic guidance to global business lines and compliance teams, ensuring consistent implementation across regions and adherence to regulatory expectations.

Responsibilities:

+ Develop, maintain, and update the bank’s Global Financial Crimes policy framework, ensuring alignment with BSA, AML, OFAC, and related regulatory requirements.

+ Establish enterprise-wide minimum standards to address regulatory obligations, risk appetite, and industry best practices, while driving a consistent, risk-based approach to policy interpretation and application across all jurisdictions

+ Serve as the enterprise subject matter expert on BSA, AML, and global financial crimes compliance requirements

+ Advise senior management, compliance officers, and business leaders on emerging regulatory trends, guidance, and enforcement actions

+ Liaise with industry bodies to stay ahead of evolving standards and expectations

+ Collaborate with the first, second, and third lines of defense to monitor adherence to policies and standards.

+ Conduct thematic reviews of policy implementation across global regions to identify gaps and ensure remediation

+ Support risk assessments to evaluate control effectiveness against regulatory obligations

+ Develop and deliver policy-related training to compliance and business teams globally while promoting a strong culture of compliance through clear communication of requirements and expectations.

+ Lead or contribute to enterprise-wide projects to enhance financial crimes compliance frameworks and championing process improvement, automation, and operational efficiency in policy governance.

Required Qualifications:

+ Minimum of 10 years in financial crimes compliance, with significant experience in BSA/AML and related global regulations

+ Strong knowledge of U.S. Bank Secrecy Act, USA PATRIOT Act, FinCEN regulations, OFAC, and FATF standards

+ Experience developing and maintaining enterprise compliance policies in a large, complex financial institution

+ Exceptional analytical, problem-solving, and communication skills

+ Ability to influence and work effectively across multiple geographies and business lines

+ Knowledge of anti-money laundering (AML) and related AML legislation

Desired Qualifications:

+ Bachelor’s Degree in related field

+ Experience in financial services and/or a related government entity

+ Certified Anti-Money Laundering Specialist (CAMS)

+ Background in both advisory and operational aspects of AML compliance

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

+ Policy Development

+ Regulatory Interpretation

+ Global / Enterprise Stakeholder Engagement

+ Risk Assessment & Mitigation

+ Executive Communication

Preferred Technical Skills:

+ Issues Management & Resolution

+ Process Management & Inventory

+ Project Management

+ Risk Control & Mitigation

+ Risk Governance & Reporting

+ Financial Crimes Risk Principles

+ Financial Crimes Risk Programs

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.