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!

Responsibilities:

• Monitor the changes in regulations applicable to Global Financial Crimes, including advising business leaders on those changes.

• Amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the Front Line Unit implementation plan as needed.

• Identify, report, escalate, challenge the remediation and thematic analysis of Front Line Unit/Control Function-owned issues and control enhancements related to financial crimes.

• Participate in the development and maintenance of the global financial crimes coverage plan which defines the scope and risk-based focus of the second line’s risk management activities and/or oversee execution of monitoring, testing, and risk assessments, communicate results.

• Create and develop custom SharePoint Pages to support regulatory change and non-financial regulatory reporting processes.

• Understand global regulatory requirements, including regional legislative frameworks and operational risks in order to translate these into comprehensive documents/policies for key stakeholders.

• Inspect processes, controls and metrics such as regulatory change, non-financial regulatory reporting and Consumer Anti-Money Laundering Operations metrics, to detect and prevent financial crimes and fraud.

• Monitor and understand pipeline of global financial crimes regulatory changes that will impact the firm at a future date.

• Ensure metrics are designed to measure key risks and control performance, monitoring and reporting on metric performance and breach remediation.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Bachelor’s degree or equivalent in Finance, Legal Studies, Accounting, Business, or related; and

• 4 years of experience in the job offered or a related finance occupation.

• Must include 4 years of experience in each of the following:

• Understanding global regulatory requirements, including regional legislative frameworks and operational risks in order to translate these into comprehensive documents/policies for key stakeholders;

• Inspecting processes, controls and metrics such as regulatory change, non-financial regulatory reporting and Consumer Anti-Money Laundering Operations metrics, to detect and prevent financial crimes and fraud;

• Monitoring and understanding pipeline of global financial crimes regulatory changes that will impact the firm at a future date; and

• Ensuring metrics are designed to measure key risks and control performance, monitoring and reporting on metric performance and breach remediation.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

Employer: Bank of America N.A.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information Pay range $165,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.