Global Financial Crimes Manager Charlotte, North Carolina;Chicago, Illinois; Jacksonville, Florida; Phoenix, Arizona **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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! **Job Description:** The Global Financial Crimes Manager under supervision, assists Global Financial Crimes executives and managers in identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance Enterprise Policies (GC Policy), and the Enterprise Fraud Risk Management Policy. The Global Financial Crimes (“GFC”) Data Manager under supervision, assists Global Financial Crimes executives and managers in any of the following activities in support of the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (“CORM”) Program, the Financial Crimes and Global Compliance Enterprise Policies ("GC Policy”), and the Enterprise Fraud Risk Management Policy: • Create and maintain a regulatory inventory. • Update relevant policies to ensure they reflect regulatory requirements for Financial Crimes. • Conduct risk assessments, scenario analysis, and ops loss analysis • Contribute to monitoring and testing coverage plans and related metrics. • Contribute to the identification, collection, validation and recording of internal loss events and “near misses”. Contribute to root cause analyses on internal loss events and develop remediation plans to strengthen controls. • Contribute to identification, review and documentation of relevant external loss events. • Monitor and test the effectiveness of the front line unit and control function compliance and operational risk controls. • Execute governance and management routines. • Identify aggregate, report and escalate compliance and operational risks, issues and control enhancements. • Identify compliance and operational risk training needs and inspect Front Line Unit (“FLU”), Control Function (“CF”) and third party participation for Financial Crimes. • Assist with preparations for and participate in regulatory exams and audits for Financial Crimes. • Inspect that commitments made regarding actions in response to Matters Requiring Attention (“MRAs”) and other actions are completed. • Escalate regulatory relations concerns to GFC Compliance Manager or Executive. **Responsibilities:** + 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 Global Financial Crimes, including advising business leaders, 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 operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately **Required Qualifications:** + Minimum of seven years of relevant experience + 5+ Years relevant experience in data science + Knowledge of anti-money laundering (AML) and related AML legislation + Must be a self-motivated worker who is comfortable and effective working with varying levels of guidance + Proficient in Microsoft Office Products including advanced knowledge of Excel + Experience with proprietary BofA ADS environments, such as THOR and BaseView **Desired Qualifications:** + Bachelor’s Degree in related field + Experience in financial services and/or a related government entity + Certified Anti-Money Laundering Specialist (CAMS) **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 **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) . To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.