Officer, AML On-Boarding

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:

Your background

Excellent communications skills and ability to present to an audience.
Ability to work under pressure in a team environment.
Ability to liaise with all levels of the firm and people with different experiences and backgrounds.

Other Qualifications
·         Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
·         Excels in working among diverse viewpoints to determine the best path forward
·         Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
·         Commitment to challenging the status quo and promoting positive change.
·         Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
·         Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

What you can expect

The Client Operational Services team is seeking a Full Time Employee to support the AML Onboarding process. The team covers new client onboarding, expansion, data maintenance as its core activities and are responsible for completing AML/CDD checks in line with country standards and CIP/CDD procedures. 

What you will do

• Perform document gap analysis by reviewing available documentation and evaluating information available publicly or through vendors for multiple Asian jurisdictions
• Liaise with sales/client teams to obtain and validate correct documentation
• Process AML/CDD by enriching onboarding requests in the system and performing enhanced due diligence as required
• Support creation of key business metrics
• Liaise with internal departments to support KYC issues - Involvement in ad hoc projects for new processes or industry initiatives
• Participate in remediation, internal/external Audits Requirements
• Experience in similar role (preferred)
• Control focused mindset and good understanding of regulatory and reputational risks (knowledge of Asian requirements a plus)