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!

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:

Confirms loan documentation for accurate trade settlementsPartners with Sales Associates, Traders, Research Analysts, trading counterparties, internal and external attorneys, administrative agent banks, and various other internal operations groupsManages post-trade management and logistics, settlement pricing, and closing coordinationAnalyzes and resolves highly complex operational problemsSupports ad-hoc projects for new processes or industry initiativesProcesses loans end-to-end with accurate data input into various credit and operating systemsConducting 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 requirementsPerform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to Ensure all refresh requirements are metEnsure all jurisdictional regulatory requirements related to KYC are adhered to support business with KYC related queries and requestsParticipate in remediation, internal/external Audits   

Skills:

Data Collection and EntryRecording/Organizing InformationAttention to DetailCritical ThinkingResearchFraud ManagementRisk ManagementInterpret Relevant Laws, Rules, and RegulationsQuality AssuranceProblem SolvingAdaptabilityCustomer and Client FocusPrioritizationResult OrientationWritten Communications

Required Skills:

2+ years financial services experience, with at least one year of AML and/or KYC experienceHighly developed business acumen for the review and management of detailed documentation.Documented experience performing in a process-oriented production environment that changes periodicallyAppropriately identify and escalate riskExpert experience with MS Office Suite (Excel/Word/Outlook/Access)Proven ability to work in a team environmentmultiple assignments simultaneouslyProven ability to successfully meet tight deadlines while ensuring data accuracy and integrityProven ability to work and execute with minimal supervision

Desired Skills:

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

Shift:

1st shift (United States of America)

Hours Per Week: 

40