Bank of America - Senior Business Control Specialist

One of the world’s leading financial institutions, we have 66 million customers ranging from individuals to businesses to governments and we are committed to growing responsibly. We’ve been building meaningful connections in Europe, the Middle East and Africa for 90 years, and you’ll find our 200,000-strong workforce in more than 35 countries worldwide.

Business Unit overview

Here in our Bromley office we are looking to recruit for a Senior Business Control Specialist working for Quality & Control Management Team. The team is responsible for Monitoring & Inspection of Refresh & Onboarding to ensure that Bank of America meets both the regulatory and internal AML/KYC requirements.

Responsibilities:

  • We are looking an individual who has experience of undertaking Monitoring & Inspection across GBAM AML/KYC to ensure compliance with AML regulations and policies

  • The Quality & Control Management Team is responsible for Monitoring & Inspection of Refresh & Onboarding to ensure that Bank of America meets both the regulatory and internal AML/KYC requirements

  • The Monitoring & Inspection team is responsible for quality assurance review of GBAM AML documentation for the Bank’s branches in its Global divisions

  • The role includes a high level of attention to detail, understanding of policy and maintenance of information electronically, therefore, a solid knowledge of PC skills is required, as are good organizational skills and ability to manage multiple requests simultaneously

Core skills and requirements:

  • ACAMS/ ICA certification would be an advantage

  • High level of knowledge of AML/KYC requirements / Economic Sanctions laws and regulations gained within a corporate environment

  • A law degree would be helpful, as would fluency in one or more of the following languages:

    • Dutch

    • German

    • Russian

    • Spanish

    • Portuguese

  • Experience in Global Banking / Global Markets

  • In-depth understanding of testing methodologies and techniques

  • Ability to analyse complex and large sets of data to develop and present executive level reporting

  • Ability to navigate in complex and matrixed environments

  • Ability to identify areas for improvement, challenge, recommend and drive action.

  • Ability to manage multiple requests simultaneously

  • Excellent analytical, logical reasoning and problem solving skills

  • High level of organizational and communication skills

  • Time management skills and adaptability to address shifting priorities, tight deadlines and change

  • Excellent oral and written communication skills

  • Excellent MS-Office skills (including PowerPoint (for presentations), Access, Excel & SharePoint (for manipulating large amounts of data))