This job is closed
We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.
Merrill Corporation - Phoenix, AZ
posted about 2 months ago
Full-time - Mid Level
Phoenix, AZ
Primary Metal Manufacturing
About the position
This position at Bank of America is focused on executing compliance practices related to money laundering, economic sanctions, and fraud. The role involves working closely with compliance officers and various units to ensure adherence to regulatory requirements and operational risk management. The position also includes managerial responsibilities, emphasizing diversity and inclusion, process management, risk management, and talent development.
Responsibilities
- Advises and directs the development and maintenance of financial crimes owned policies and standards.
- 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 changes in regulations applicable to Global Financial Crimes and advises business leaders accordingly.
- Participates in industry forums to identify and mitigate emerging risks related to financial crimes.
- Escalates financial crimes related compliance and operational risks to appropriate governance routines.
- Identifies, aggregates, reports, escalates, inspects, and challenges remediation of FLU/CF-owned issues related to financial crimes.
- Reviews and challenges internal and external operational loss events and develops remediation plans.
Requirements
- 5+ years of minimum experience in regulatory reporting, data, compliance, or risk functions.
- Bachelor's Degree or equivalent experience.
- 3-5 years of experience as Data Analyst or similar role in financial services industry.
- Strong proficiency in utilizing data mining/analytics tools such as Toad, Teradata SQL Assistant, Microsoft SQL Server, and SAS.
Nice-to-haves
- 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
Benefits
- Competitive benefits to support physical, emotional, and financial well-being.
- Opportunities to learn and grow in a diverse and inclusive workplace.
