Assistant Vice President - AML Onboarding Advisor

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!

About the Role:

The role is within a team of associates in the Anti-Money Laundering Client Due Diligence (AML/CDD) onboarding function. The team covers new client onboarding and expansion across Global Banking and Markets (GBAM) as its core activities. Responsible for completing AML/CDD checks in line with country standards and CIP/CDD procedures. Responsible to provide seamless delivery and client delight.

We not only offer the training and support you will expect from a leading global bank but also the opportunity to grow your career. With exposure to a variety of financial products and markets plus internal exposure to business and support stakeholders. We can offer excellent development and represent the ideal mobility opportunity.

Job Description:

• Perform document gap analysis by self-sourcing and reviewing available documentation.  Evaluating information available publically 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 of record 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
• Control focused mindset and good understanding of regulatory and reputational risks (knowledge of Asian requirements a plus)
• Ability to work under pressure in a dynamic team environment.
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
• Collaborate closely with business partners to onboard client locally and regionally.

Experience

• At least 3-5 years’ working experience in a similar role is preferred
• Control focused mindset and good understanding of regulatory and reputational risks (knowledge of APAC AML/CDD requirements a plus)
• Excellent presentation, communication and problem solving skills
• A proactive learner and self-starter seeking continuous improvement in all job-related aspects.
• Experience of working in an Asia/Global environment.
• Good written and oral English, Mandarin would be a plus