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!
Enterprise Overview:
Participates in design, development, and implementation of complex applications, often using new technologies. Serves as a fully seasoned and proficient technical resource. May manage projects and direct activities of a team related to special initiatives or operations. May have responsibility for a project and project budget, which may or may not include personnel management responsibility. Routine accountability is for technical knowledge and capabilities as a team member or as an individual contributor. Works under minimal supervision, with general guidance from more seasoned consultants or managers.
LOB Description:
Center of Excellence for Economic Sanctions Screening is part of Global Payment Operations (GPO). GPO is the central hub for Bank of America in playing a monumental and mission critical role in establishing, servicing, supporting and monitoring two of the most widely used electronic payment processing vehicles – Wire and ACH – in the financial services arena worldwide. Globally, we process more than 500K wire payments valued at > $1.38T processed daily, International ACH Average of 505K payments valued at >$6.5B processed daily and US ACH Average of 20M ACH payments valued at $68B processed daily. Additionally, GPO is also accountable for the CoE that reviews all of Bank of America’s customers and transactions to ensure compliance with Bank of America’s Economic Sanctions Program. CoE serves all eight lines of business across Bank of America, delivering global, regional and local capabilities through secure, fast and reliable technology, and people with the knowledge and experience to deliver timely and accurate review of all sanctions alerts across all products of Bank of America. Team also has the responsibility to provide support to client facing teams and clients where needed to educate on compliance program, help front line unit’s drive to improve quality of data that defines the customer and their day-to-day banking transactions. We are responsible for scanning on average 6M sanction transactions and reviewing on average 22K sanction alerts daily.
In general, the role of the Sanctions CoE Data Mining Consultant is as follows:
Required Qualifications:
Desired Qualifications:
Shift:
1st shift (United States of America)Hours Per Week:
40Learn more about this role