Financial Crimes Sr. Business Analyst

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 role is responsible for defining the vision and roadmap for a product or technology solution, defining and prioritizing deliverables in the product book of work, and articulating this to both business stakeholders and technology development teams. The Sr. Product Owner/Sr. Business Analyst is experienced in the role of a Product Owner, expert of the product, and have a deep understanding of the business and/or technology domain, while also having advance quantitative/analytic skills to influence the Financial Crimes program strategic transaction monitoring and data management direction.

Responsibilities:
The Financial Crimes Sr. Business Analyst will closely examine data or processes and utilize findings to inform process changes, updates, gap exposures, and transformative opportunities within the Global Financial Crimes Automated Detection and Monitoring business supporting Anti-Money Laundering Investigations functions. Applies expert knowledge of business operations, products, services, methods and operating standards to drive unit or team performance. Work in a dynamic environment to ensure effective coordination of business objectives and successful delivery of high quality products. Supports the fulfillments activities for audit and exam requests and issues management.

Required Qualifications

• Minimum of 7 years of regulatory/audit management experience 

• Knowledge of the GCOR Program with an emphasis on monitoring, testing and risk assessment 

• Knowledge of governance and reporting practices including escalation best practices and guidelines 

• Knowledge of issue management requirements 

• Ability to effectively review and challenge work done by the FLU/CF

• Critical Thinking 

• Business Process Analysis 

• Organized self-starter

• Strong presentation and spreadsheet skills

Desired Qualifications

• Highly motivated, independent thinker who is detail-oriented and able to work in a fast-paced environment.

• Good understanding of AML/Fraud monitoring systems, data challenges and processes.

• Ability to work independently with little supervision and adapt quickly in handling multiple / evolving tasks as a result of new engagements and / or re-prioritized deadlines.

• Proven research, analysis, problem-solving and decision-making skills.

• Creative problem-solving ability and a collaborative, consultancy mindset.

Skills:

• Access and Identity Management

• Production Support

• Regulatory Compliance

• Risk Management

• Critical Thinking

• Issue Management

• Policies, Procedures, and Guidelines Management

• Written Communications

• Reporting

• Strategy Planning and Development

Shift:

Hours Per Week: