AML Refresh - Operations Professional MKTS - Bank of America : Job Details

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Job Description:This job is responsible for providing analytical support in a Global Markets Operations function for one or more operations product areas. Key responsibilities include analyzing and resolving highly complex operations problems and initiatives requiring exceptional handling and coordination of multiple operational and/or product specialists to resolve. Job expectations include managing projects and the introduction of new initiatives, systems, products, services, and processes and coordinating necessary expertise across multiple operations functions and products.

Line of Business Job Description:

Anti-Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) is part of the Global Operations organization and is responsible for client AML/KYC refresh globally. The team supports the business in completing AML/KYC due diligence checks as well as maintaining client records.

Responsibilities:

Conducting client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines aligned to more complex Jurisdictions and/or client structures.

Review of refresh requirements for assigned jurisdiction in line with related Client Identification Profile (CIP)/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.

Liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfill refresh requirements

Perform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to Ensure all refresh requirements are met

Ensure all jurisdictional regulatory requirements related to KYC are adhered to support business with KYC related queries and requests

Participate in remediation, internal/external Audits

Required Skills:

2+ years financial services experience, with at least one year of AML and/or KYC experience

Highly developed business acumen for the review and management of detailed documentation.

Documented experience performing in a process-oriented production environment that changes periodically

Appropriately identify and escalate risk

Expert experience with MS Office Suite (Excel/Word/Outlook/Access)

Proven ability to work in a team environment

multiple assignments simultaneously

Proven ability to successfully meet tight deadlines while ensuring data accuracy and integrity

Proven ability to work and execute with minimal supervision

Desired Skills:

Anti Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) experience

SKILLS:

• Data Collection and Entry

• Attention to Detail

• Critical Thinking

• Interpret Relevant Laws, Rules, and Regulations

Age requirement: Must at least be 18 years of age.

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