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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This role will focus on transformation initiatives and business management across GFC’s enterprise anti-money laundering detection, case management and customer risk assessment. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs), cross functional teams with GFC, and the second and third line of defense groups to complete compliance management requirements. This role will require independent thinking and initiative taking to address challenges facing the GFC FIU-D team, whether focused on transformation and modernization of the program, remediation and business management.
Responsibilities:
- Oversight and coordination of GFC Financial Intelligence Unit – Detection Transformation and Business Management activities portfolio, including coordination with cross-functional GFC units, and second and third line of defense groups
- Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
- 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 the changes in regulations applicable to GFC, including advising business leaders and executive management, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
- Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks
- Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
- Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
- Reviews and challenges internal and external anti-financial crimes compliance activities, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately
Required Qualifications:
- 7+ years of professional experience in GFC, AML, Regulatory experience
- 5+ years with a preference for transaction monitoring, case management and customer risk assessments
- Minimum of a bachelor’s degrees or equivalent experience
- Require subject matter expertise to develop end-to-end processes for Enterprise functions for metrics/reporting of high and elevate risk reporting across the Company.
- Expertise in AML regulations and requirements for customer due diligence and risk rating.
Desired Qualifications:
- This role requires initiative taking to address challenges facing the GFC FIU-D team
- Ability to take minimum guidance to develop comprehensive and sustainable solutions
- Background or exposure to management software (i.e. JIRA)
- Exposure and practical experience to emerging automation and machine learning solutions
Skills:
- 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
- Initiative
Shift:
1st shift (United States of America)Hours Per Week:
40Skills Required
- 7+ years of professional experience in global financial crimes, anti-money laundering, or regulatory functions
- 5+ years of experience with transaction monitoring, case management, and customer risk assessments
- Bachelor's degree or equivalent experience
- Subject matter expertise developing end-to-end enterprise processes for metrics and high- and elevated-risk reporting
- Expertise in AML regulations and customer due diligence and risk-rating requirements
- Ability to independently develop comprehensive and sustainable solutions with minimal guidance
- Background or exposure to management software such as JIRA
- Exposure to or practical experience with automation and machine-learning solutions
Bank of America Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.
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Healthcare Strength — Health coverage is described as comprehensive, including medical, dental, and vision plans along with mental health resources, EAP support, and virtual care options. These offerings indicate breadth across preventive care, counseling, and convenient access channels.
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Retirement Support — Retirement benefits include up to a 5% 401(k) company match plus an additional 2% or 3% annual company contribution based on years of service. This structure signals meaningful long-term savings support beyond standard matching.
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Parental & Family Support — Family support features 26 weeks of parental leave, with 16 weeks fully paid for eligible employees, plus programs for fertility, adoption, surrogacy, childcare, and backup care. These resources emphasize support across family-building and caregiving needs.
Bank of America Insights
What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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