Jersey City, New Jersey

Job Description:

The Financial Crimes GBAM Execution Support Manager oversees significant Anti-Money Laundering (AML) processes that directly impact the firm's ability to achieve and sustain operating and regulatory compliance. This position covers the Global Banking and Marking (GBAM) Organization that supports business in 39 jurisdictions with varying laws, rules, regulations and processes. The GBAM Execution Support Manager partners with the GBAM Front Line Units (FLUs) and Operations along with the Control Functions to identify and analysis AML processes and associated risks and ensures appropriate controls are in place to comply with applicable laws, rules and regulations.

This individual is expected to understand the financial crimes processes within GBAM and ensure the process owners are accountable for risk identification, the control environment and ongoing compliance with applicable policies and standards.

Key Responsibilities:
• Processes: Maintains strong relationships with process owners to understand and oversee end-to-end processes; Holds process owners accountable for risk identification, control environment, quality assurance and monitoring activities.
• Regulatory change: Partners with Front Line Unit (FLU) key stakeholders to determine and assess process, control, operating and technology impacts of changing regulations, policy and standards; Partners with GFC Risk, Compliance, Risk, Audit and Business partners to close gaps in compliance with existing and emerging requirements
• Issues management oversight: Works with FLU's and control partners to identify and raise potential issues; Provides thematic analysis of issues for business to identify emerging trends, partners with FLU leaders to review results and create action plans; Oversees issue remediation efforts, and provide active guidance on process
• Business controls and process compliance: Reviews controls monitoring and independent testing results with FLU to identify potential gaps or trends; Recommends remediation actions if necessary
• Governance: Works with FLU and GFC Risk Officers to ensure ongoing execution of appropriate governance and management structures
• Transformation: Identifies simplification solutions to address compliance with policies and standards. When FLU is introducing new products and services, provides oversight delivers end-to-end coordination to set up, onboard and refresh process to achieve sustainable compliance

Required Skills:
• 8+ year's experience with financial institutions and financial crimes-related process controls
• Risk Management: Strong risk mindset with process and controls background
• Forward Thinking: Understands and applies context. Asks the next question to engage, inquire and understand the "how" behind a topic.
• Conflict Management: Ability to identify and resolve conflicts sensibly, fairly and efficiently.
• Ability to build senior level relationships and influence change.
• Capacity to analyze complex data from multiple sources and present executive-level reporting.
• Proactively builds trusted relationships with key partners.
• Communicates clearly and effectively at all levels.
• Demonstrated ability to meet deadlines and excellent time management skills.

Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

The Financial Crimes GBAM Execution Support Manager oversees significant Anti-Money Laundering (AML) processes that directly impact the firm's ability to achieve and sustain operating and regulatory compliance. This position covers the Global Banking and Marking (GBAM) Organization that supports business in 39 jurisdictions with varying laws, rules, regulations and processes. The GBAM Execution Support Manager partners with the GBAM Front Line Units (FLUs) and Operations along with the Control Functions to identify and analysis AML processes and associated risks and ensures appropriate controls are in place to comply with applicable laws, rules and regulations.

This individual is expected to understand the financial crimes processes within GBAM and ensure the process owners are accountable for risk identification, the control environment and ongoing compliance with applicable policies and standards.

Key Responsibilities:
• Processes: Maintains strong relationships with process owners to understand and oversee end-to-end processes; Holds process owners accountable for risk identification, control environment, quality assurance and monitoring activities.
• Regulatory change: Partners with Front Line Unit (FLU) key stakeholders to determine and assess process, control, operating and technology impacts of changing regulations, policy and standards; Partners with GFC Risk, Compliance, Risk, Audit and Business partners to close gaps in compliance with existing and emerging requirements
• Issues management oversight: Works with FLU's and control partners to identify and raise potential issues; Provides thematic analysis of issues for business to identify emerging trends, partners with FLU leaders to review results and create action plans; Oversees issue remediation efforts, and provide active guidance on process
• Business controls and process compliance: Reviews controls monitoring and independent testing results with FLU to identify potential gaps or trends; Recommends remediation actions if necessary
• Governance: Works with FLU and GFC Risk Officers to ensure ongoing execution of appropriate governance and management structures
• Transformation: Identifies simplification solutions to address compliance with policies and standards. When FLU is introducing new products and services, provides oversight delivers end-to-end coordination to set up, onboard and refresh process to achieve sustainable compliance

Required Skills:
• 8+ year's experience with financial institutions and financial crimes-related process controls
• Risk Management: Strong risk mindset with process and controls background
• Forward Thinking: Understands and applies context. Asks the next question to engage, inquire and understand the "how" behind a topic.
• Conflict Management: Ability to identify and resolve conflicts sensibly, fairly and efficiently.
• Ability to build senior level relationships and influence change.
• Capacity to analyze complex data from multiple sources and present executive-level reporting.
• Proactively builds trusted relationships with key partners.
• Communicates clearly and effectively at all levels.
• Demonstrated ability to meet deadlines and excellent time management skills.

Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

The Financial Crimes GBAM Execution Support Manager oversees significant Anti-Money Laundering (AML) processes that directly impact the firm's ability to achieve and sustain operating and regulatory compliance. This position covers the Global Banking and Marking (GBAM) Organization that supports business in 39 jurisdictions with varying laws, rules, regulations and processes. The GBAM Execution Support Manager partners with the GBAM Front Line Units (FLUs) and Operations along with the Control Functions to identify and analysis AML processes and associated risks and ensures appropriate controls are in place to comply with applicable laws, rules and regulations.

This individual is expected to understand the financial crimes processes within GBAM and ensure the process owners are accountable for risk identification, the control environment and ongoing compliance with applicable policies and standards.

Key Responsibilities:
• Processes: Maintains strong relationships with process owners to understand and oversee end-to-end processes; Holds process owners accountable for risk identification, control environment, quality assurance and monitoring activities.
• Regulatory change: Partners with Front Line Unit (FLU) key stakeholders to determine and assess process, control, operating and technology impacts of changing regulations, policy and standards; Partners with GFC Risk, Compliance, Risk, Audit and Business partners to close gaps in compliance with existing and emerging requirements
• Issues management oversight: Works with FLU's and control partners to identify and raise potential issues; Provides thematic analysis of issues for business to identify emerging trends, partners with FLU leaders to review results and create action plans; Oversees issue remediation efforts, and provide active guidance on process
• Business controls and process compliance: Reviews controls monitoring and independent testing results with FLU to identify potential gaps or trends; Recommends remediation actions if necessary
• Governance: Works with FLU and GFC Risk Officers to ensure ongoing execution of appropriate governance and management structures
• Transformation: Identifies simplification solutions to address compliance with policies and standards. When FLU is introducing new products and services, provides oversight delivers end-to-end coordination to set up, onboard and refresh process to achieve sustainable compliance

Required Skills:
• 8+ year's experience with financial institutions and financial crimes-related process controls
• Risk Management: Strong risk mindset with process and controls background
• Forward Thinking: Understands and applies context. Asks the next question to engage, inquire and understand the "how" behind a topic.
• Conflict Management: Ability to identify and resolve conflicts sensibly, fairly and efficiently.
• Ability to build senior level relationships and influence change.
• Capacity to analyze complex data from multiple sources and present executive-level reporting.
• Proactively builds trusted relationships with key partners.
• Communicates clearly and effectively at all levels.
• Demonstrated ability to meet deadlines and excellent time management skills.

Shift:
1st shift (United States of America)

Hours Per Week:
40
Learn more about this role

Jersey City, New Jersey

You’ve led troops, now help lead your community 

As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all. 

First you fought for the American dream, now you can guide its future

You joined the military to protect a nation and its people. Let the same passion for making a difference lead you to a new career. At Bank of America, we’re proud that more than 6,800 veterans work for us. They’ve discovered that their desire to help others didn’t end with their service. Here, you’ll help our customers and clients connect to better financial lives.