Job Description:

Job Title: Business Controls – AML Operations

Corporate Title: Up to VP

Location: Chester/Bromley/Dublin

Company Overview:

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!

Role Description:

The Global Credit, AML, Onboarding Organization is a central control function which governs, facilitates, and oversees the end-to-end AML program across all GB & GM, Consumer & Small Business. The responsibilities are executed across 38 jurisdictions across the globe and manage AML risks by implementing and executing processes and controls.

The GB & GM AML High Risk Detection sits under the Global Credit, AML & Onboarding Operations organization, is responsible for the ongoing monitoring of our highest risk clients. The role is working within HRD Controls, Reporting & Testing team who manage our Portfolio Risk and play a critical role in managing the risk of our High-Risk Detection Team.

Responsibilities Include:

• You will work alongside our team to manage our portfolio of Controls.
• You will partner with our functional leads to run governance and oversight for our Audit Issues, Exams, Corporate Audit to ensure we fulfil requirements to the utmost level.
• You will assist in the portfolio management of the multiple tests which are executed on HRD.
• You will be partnering with the AML Audit and Exam team to ensure we have the right oversight for all programs underway including ensuring all comms are managed centrally.
• You will provide regular reporting to senior leadership on status and ongoing planning for up-and-coming Exams.
• You will be responsible for internally testing the team’s processes to identify opportunities for improvement and working with the leaders on planning and implementation for suggested changes including Designing, measuring, Monitoring, and reporting controls.
• You will be responsible for operationalizing policies and standards.

What we are looking for:

• Experienced Business Controls lead ideally with Audit and Exam Management experience.
• Will have exposure to the Regulatory space across multiple lines of business understanding the requirements of both regulatory framework and the business.
• Global Regulatory experience with advantage of having worked in AML space.
• Ability to interpret and build practical method for delivery on new Laws Rules and Regs.
• Advanced/Expert PowerPoint Skills to build and present data in an informative, structured, and smart format.
• Ideally will have covered functions like Transactional monitoring, Enhanced Due Diligence, Screening (Sanctions, PEP and Adverse media)
• Experience in remediating audit and regulatory issues
• Working experience in global locations and with global teams
• Experience dealing with global banking, global markets, consumer and small business processes and products.

Additional Skills:

• Excellent communication skills
• Excellent Presentation skills
• Able to multitask at speed while delivering quality output.
• Problem Solving
• Critical Thinking
• Analytical Thinking

Benefits of working at Bank of America

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Ireland

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work because of a disability or health reasons
• 20 days of back-up childcare including virtual tutoring and 20 days of adult-care per annum
• Ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, specified illness cover etc
• Use of a flex fund to use towards benefits
• Access to free counselling through an Employee Assistance Programme and virtual GP services
• Opportunity to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to join our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.