Global Financial Crimes Investigations Manager
Bank of America
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. 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!
Job Description:
The Global Financial Crimes (GFC) Investigations Manager provides broad oversight of a team of investigators performing end-to-end investigations of financial crimes activities across one or more lines of business. The GFC Investigations Manager oversees investigative efforts, reviewing and approving financial crimes cases, in addition to ensuring the delivery of timely and accurate regulatory reporting. The GFC Investigations Manager ensures significant issues and financial crimes trends are effectively communicated and acted upon.
The GFC Investigations Manager may also work closely with law enforcement, regulatory agencies and industry counterparts to proactively share intelligence, best practices, etc. Additional responsibilities for this role include capacity planning, providing leadership direction, attracting, assessing, developing, motivating and retaining a successful team.
The GFC Investigations Manager ensures consistent quality of activities, processes and outputs by reinforcing effective review practices across the team.
Responsibilities:
Identifies, develops and implements or, as appropriate, oversees the implementation of reasonable, risk-based internal controls to prevent, detect, and report Financial Crimes
Achieves compliance with laws and rules relating to Financial Crimes promulgated in the jurisdictions in which the Company does business
Evaluates whether internal controls are working effectively and identifying weaknesses or gaps in controls
Identifies, evaluates and resolves or oversees the resolution of gaps relating to internal controls or the Financial Crimes program
Supports the Global Compliance and Operational Risk (“GC&OR”) Operations Executive in serving as the point of contact for the Company with regulatory supervisors, law enforcement and other government agencies on matters relating to Financial Crimes investigations
Manages the work and performance of the investigators by providing regular coaching and feedback while fostering an inclusive team environment
Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
Models an inclusive environment for employees and clients, aligned to company D&I goals
Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement
Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions
Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues
Provides inspection, coaching and feedback to motivate, differentiate and improve performance
Actively manages expenses and budgets in alignment with objectives, making sound financial decisions
Assesses talent and builds bench strength for roles across the organization
Delivers results by effectively prioritizing, inspecting and appropriately delegating team work
Required Qualifications:
Minimum of seven years of relevant experience
Bachelor's degree or equivalent experience
Desired Qualifications:
Bachelor's Degree in related field
Experience in financial services and/or a related government entity
Certified Anti-Money Laundering Specialist (CAMS)
Skills:
Regulatory Compliance
Investigation Management
External Resource Management
Coaching
Issue Management
Risk Management
Policies, Procedures, and Guidelines Management
Strategy Planning and Development
Written Communications
Reporting
Talent Development
Analytical Thinking
Fraud Management
Critical Thinking
Shift:
1st shift (United States of America)Hours Per Week:
40