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GFC Manager - FIU Detection

Charlotte, North Carolina;Atlanta, Georgia; Phoenix, Arizona; New York, New York; Chicago, Illinois

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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:

+ Develop and maintain financial crime risk scoring methodologies across customers, transactions and products.

+ Translate typologies and regulatory requirements into quantitative scoring logic aligned to enterprise risk appetite.

+ Build, calibrate, and tune scoring models to ensure accuracy, explainability, and operational effectiveness.

+ Partner with data science and technology teams to integrate scoring frameworks into detection and monitoring systems.

+ Monitor and optimize model performance, conducting back-testing and threshold adjustments as risks evolve.

+ Support model governance by documenting design, validation, and change management processes.

+ Collaborate with investigations and intelligence teams to assess alert quality and score effectiveness.

+ Provide expert guidance on scoring principles, model performance metrics, and quantitative risk management.

Required Qualifications:

+ Minimum 7 years of experience

+ Deep expertise in financial crime detection frameworks, including transaction monitoring, alert generation, and risk scoring methodologies.

+ Proven experience designing, validating, or optimizing scoring models used for AML, sanctions, and fraud detection — including rule-based and statistical models.

+ Strong conceptual understanding of how scoring mechanisms work, including weighting, calibration, thresholds, and the trade-off between precision and recall.

+ Experience analyzing alert generation and case creation logic, ensuring model outputs align with true financial crime risk.

+ Skilled in model performance monitoring, including effectiveness testing, back-testing, and model tuning to reduce false positives and capture emerging typologies. Strong grasp of data-driven risk segmentation — how behavioral, transactional, and customer features drive scoring outcomes.

+ Familiarity with machine learning, network analytics, or anomaly detection applied to financial crime use cases.

+ Deep understanding of risk management principles, control frameworks, and how model governance fits within enterprise risk and compliance structures.

+ Proven capability to translate complex analytical concepts into actionable intelligence for investigators, senior management, and regulators.

+ Strong quantitative, analytical, and communication skills, with the ability to bridge technical modeling and real-world risk understanding.

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

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.