Team Leader - R

Job Description:

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

LCM GBGM AML Screening process supports ongoing customer due diligence through structured screening of Clients and Related Parties across sanctions, SPF/PEP, and adverse media databases. The process involves identification, validation, and assessment of alerts to determine potential matches and associated risks. SPF/PEP and Negative News alerts are evaluated for materiality, relevance, and risk impact to support informed, risk-based outcomes. Based on the assessment, alerts are either closed or escalated for further review by the Line of Business. The process emphasizes consistent documentation, regulatory compliance, and audit-ready decisioning aligned with global financial crimes standards

Job Description*

The LCM GBGM AML Screening Associates are responsible for performing Client and Related Party screening alerts as part of Lifecycle Management (LCM) processes. This includes identifying, reviewing, and recommending appropriate actions (no action required or escalation) for Negative News (Adverse Media) and SPF/PEP alerts on behalf of the GBGM Line of Business, as part of the Bank of America Customer Due Diligence (CDD) framework.

The role involves determining whether alerts correspond to the customer by accurately confirming the identity of individuals or entities and assessing the materiality and relevance of adverse information. Based on this assessment, the analyst recommends escalation for further review and investigation where required. The role requires strong analytical capability, sound risk judgment, and the ability to make well-supported decisions through clear documentation

Responsibilities*

Demonstrate strong analytical, research, and computer skills, including effective use of online research tools and internal systems to support investigations.

Perform end-to-end review of screening alerts, including sanctions, PEP, and adverse media, ensuring accurate identification and disposition of alerts.

Exhibit high attention to detail, with the ability to manage multiple cases simultaneously in a fast-paced operational environment while maintaining accuracy.

Clearly articulate findings through well-structured documentation, ensuring that all decisions are supported by factual, concise, and auditable rationale.

Collaborate effectively with stakeholders, including Compliance, Quality Assurance, and Line of Business partners, by providing timely and precise communication as part of the alert governance process.

Ensure accuracy and quality in research and documentation, recognizing that the integrity of findings directly impacts risk mitigation and regulatory compliance.

Apply strong critical thinking and problem-solving skills to evaluate information, assess its relevance, and draw logical conclusions to support risk-based decision-making.

Demonstrate the ability to work independently with minimal supervision, effectively managing time and priorities to balance quality, accuracy, and turnaround time.

Act as a subject matter expert (SME) for screening processes, offering guidance on complex scenarios and supporting consistency in decision-making.

Support onboarding and training of new hires, enabling faster ramp-up and ensuring readiness to handle production work effectively.

Perform additional responsibilities and ad hoc tasks as assigned by management

Requirements*

 Education*

Graduate (any stream)

Certifications If Any

ACAMS (Association of Certified Anti-Money Laundering Specialists) certification will be considered an added advantage

Certifications If Any

Experience Range*

4-6 years

Foundational skills*

Relevant experience in AML related processes, Familiarity with Global Banking and market products an advantage Knowledgeable of regulatory environment, risk framework, policies & standards

Desired skills

• Should be a team player
• Strong understanding of AML/KYC regulations and screening processes.
• Expertise in PEP/Negative News evaluation and risk-based decisioning.
• Excellent analytical and investigative skills.
• High attention to detail and ability to interpret ambiguous information.
• Strong documentation and articulation skills.
• Ability to work independently in a high-volume, deadline-driven environment.

Work Timings*

12.30hrs – 21.30hrs

Job Location*

GGM