Back to search results

Global Financial Crimes Manager - Risk Assessment Program

Charlotte, North Carolina;

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!

Job Description:
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 (“GFC”) Manager - Risk Assessment Program (hereinto referred to as “GFC Risk Assessment Program Manager”) assists Global Financial Crimes executives and managers in support of the Risk Assessment program in alignment with the Global Financial Crimes Enterprise Policy, Standard, and Risk Assessment Methodology. The GFC Risk Assessment Program Manager oversees the execution of the Risk assessment process across all of GFC inclusive of maintaining the Risk Assessment Methodology, managing the inventory and scheduling of risk assessments across GFC, developing end to end processes and controls to effectively manage the risk assessment program. Additionally, the Risk assessment program manager assists in preparing materials for regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audit deliverables. This leader will establish and maintain strong relationships with key stakeholders, GFC risk executives and managers, and internal audit using effective influence skills.

The successful candid will have prior experience in risk management or audit, as well as a good understanding of 2nd line coverage activities inclusive of risk assessments, monitoring, testing and/or quality assurance processes. The Certified Anti-Money Laundering Specialist (CAMS) certification is a plus.


  • 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

  • Ensure adherence to all internal policies and standards, regulatory requirements, and industry best practices.

  • Develop subject matter expertise of BSA/AML, Sanctions, and Fraud related risks and a solid business understanding of application of these risks within a large financial institution. 

  • Leverage available data and analytical tools during the planning, execution, and oversight of risk assessment process.


  • 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

Required Qualifications:

  • Minimum years business and functional experience: 7 Years

  • Degree required: Bachelor’s degree or equivalent experience

  • At least 5 years relevant experience in Compliance, specifically in BSA / AML, Sanctions, and/or Fraud compliance

  • Proficiency with MS Office programs including strong Excel and PowerPoint expertise.

Desired Qualifications:

Financial Services and/or related government entity​ background


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: No