:
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!
: The Global Financial Crime (“GFC”) Executive I contributes to the direction and drives the development of enterprise-wide money laundering, economic sanctions, and fraud compliance and operational risk practices consistent with applicable laws, rules, regulations and regulatory guidance. The GFC Executive I serves as a trusted advisor to the Chief Compliance and Operational Risk (“C&OR”) Officers of the Front Line Units (“FLU”) and Control Functions (“CF”) for the company and to the leaders of the FLUs and CFs directly.
This role will be responsible for managing a team of Global Financial Crimes Risk Managers and Specialists overseeing the strategic development and implementation of the Global Financial Crimes program for Global Markets - US. This person will manage a group of subject matter experts and will oversee the day-to-day FLU interaction with Global Markets that covers FICC, Equity and Prime Brokerage. This person will provide a holistic risk point of view and assign strategic priorities and project work across the team. This person will be the single point of contact for Audit and Regulatory exams and must be able to navigate across multiple FLU Executives and Senior Leaders. This person will identify opportunities for efficient and effective practices across the GM FLUs and must also coordinate across GFC and GCOR given the impact of the work across multiple lines of business. This requires both strategic and tactical level focus on details and the ability to communicate effectively as well as influence and impact partners across the Enterprise.
In this position, this leader will direct independent review and challenge of SPI and drive FLU to satisfy all identified challenges and issues, as well as participate in Regulatory Meetings and Exams representing the GM-US FLU. Additionally, this leader will represent Bank of America Securities in industry forums and attend/report out on regulatory developments that impact GM-US, escalate financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees and evaluate complex matters and recommend action plans to remediate issues.
Responsibilities:
Set strategic direction and manage a group of subject matter experts for the various GM-US businesses
Lead team in the identification of financial crimes risk and setting plans to mitigate identified risks
Work independently to drive execution across the time but also be positioned to coordinate across GFC Risk Managers to drive consistency in practices across the teams
Direct the development and implementation of financial crimes policies and standards with a particular focus on regulatory changes and developments
Create and manage GFC Coverage Plan which defines the scope of coverage for GM-US
Drafts and presents independent financial crimes risk management reporting to GCOR, Senior FLU leaders and legal entity Boards
Create, Develop, establish and execute GFC, FLU and Enterprise risk tolerance metrics that are reflective of key risks in GM - US
Monitor and evaluate regulatory changes applicable to Global Financial Crimes focusing specifically on Global Markets
Lead discussions with the Financial Crimes Analytics Team to set focus for key risks and thematic reviews and set strategic direction for GFC automated detection tools per regulatory guidance issued by SEC/FINRA
Determine targeted risk assessments, threat assessments and process understandings to be executed by the team focusing on new and emerging financial crimes risk.
Managerial Responsibilities: This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
Diversity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company D&I goals.
Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.
Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank's capabilities to meet client needs and to gain competitive advantage.
Skills:
Change Management
Decision Making
External Resource Management
Regulatory Compliance
Strategy Planning and Development
Issue Management
Policies, Procedures, and Guidelines Management
Risk Management
Talent Development
Written Communications
Coaching
Fraud Management
Inclusive Leadership
Investigation Management
Shift:
1st shift (United States of America)Hours Per Week:
40...valuable for everyone. Our Employment Operating System brings hiring, HR, payroll and benefits into an all-in-one solution. Since our... ...This role We are looking for a HR Implementation Consultant to keep up with customer demand, growth, and team expansion. Our...
...Part-time Coach Location: Alloy Personal Training East Pasadena, CA Compensation: $32/hour Start Date: as soon as possible... ...have: ~1+ years of personal training experience in a high-end gym or studio. ~ Certification from a nationally recognized organization...
...sectors, highlighting emerging trends, leadership profiles, and the role of executives in shaping the future of global travel. This remote position offers you the chance to combine your passion for travel with your writing expertise, all while working within a...
...the remaining days. Note: You must have at least 2 years of legal assistant experience and some IP experience. If you do not meet this... ...insurance ~ Health insurance ~ Health savings account ~ Life insurance ~ Paid time off ~ Vision insurance JPC-272...
...Wild Styles Children's Hair Salon in Warminster, PA is looking for one part time hair stylist to join our 7 person strong team. We have multiple shifts available and are flexible with the days/hours. We are located on 301 York Road. We are a very busy salon so no following...