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!
This job is responsible for executing substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, operational/fraud risk management requirements.
The Global Financial Crimes Manager - Policy & Standards is a senior leader within the bank’s Financial Crimes organization, responsible for setting, maintaining, and governing enterprise-wide policies and standards that ensure compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations, and other applicable global financial crime laws and regulations. This individual contributor role provides strategic guidance to global business lines and compliance teams, ensuring consistent implementation across regions and adherence to regulatory expectations.
Responsibilities:
Develop, maintain, and update the bank’s Global Financial Crimes policy framework, ensuring alignment with BSA, AML, OFAC, and related regulatory requirements.
Establish enterprise-wide minimum standards to address regulatory obligations, risk appetite, and industry best practices, while driving a consistent, risk-based approach to policy interpretation and application across all jurisdictions
Serve as the enterprise subject matter expert on BSA, AML, and global financial crimes compliance requirements
Advise senior management, compliance officers, and business leaders on emerging regulatory trends, guidance, and enforcement actions
Liaise with industry bodies to stay ahead of evolving standards and expectations
Collaborate with the first, second, and third lines of defense to monitor adherence to policies and standards.
Conduct thematic reviews of policy implementation across global regions to identify gaps and ensure remediation
Support risk assessments to evaluate control effectiveness against regulatory obligations
Develop and deliver policy-related training to compliance and business teams globally while promoting a strong culture of compliance through clear communication of requirements and expectations.
Lead or contribute to enterprise-wide projects to enhance financial crimes compliance frameworks and championing process improvement, automation, and operational efficiency in policy governance.
Required Qualifications:
Minimum of 10 years in financial crimes compliance, with significant experience in BSA/AML and related global regulations
Strong knowledge of U.S. Bank Secrecy Act, USA PATRIOT Act, FinCEN regulations, OFAC, and FATF standards
Experience developing and maintaining enterprise compliance policies in a large, complex financial institution
Exceptional analytical, problem-solving, and communication skills
Ability to influence and work effectively across multiple geographies and business lines
Knowledge of anti-money laundering (AML) and related AML legislation
Desired Qualifications:
Bachelor’s Degree in related field
Experience in financial services and/or a related government entity
Certified Anti-Money Laundering Specialist (CAMS)
Background in both advisory and operational aspects of AML compliance
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
Talent Development
Policy Development
Regulatory Interpretation
Global / Enterprise Stakeholder Engagement
Risk Assessment & Mitigation
Executive Communication
Preferred Technical Skills:
Issues Management & Resolution
Process Management & Inventory
Project Management
Risk Control & Mitigation
Risk Governance & Reporting
Financial Crimes Risk Principles
Financial Crimes Risk Programs
Shift:
1st shift (United States of America)Hours Per Week:
40
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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