GFC Transformation and Automation Manager – Financial Intelligence Unit – Detection
| Company | Bank of America |
|---|---|
| Location | Charlotte, NC, USA, Jacksonville, FL, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Minimum of seven years of relevant experience
- Knowledge of anti-money laundering (AML) and related AML legislation
Responsibilities
- Advises and directs the development and maintenance of the global financial crime’s transformation roadmap and target state, coordinating with FLUs and CFs to capture key objectives and outcomes associated with the roadmap and target state
- Produces and/or oversees financial crimes detection transformation and automation reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
- Monitors the changes in regulations applicable to Global Financial Crimes and the use of automation and machine learning applications, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
- Participates in industry forums and monitors emerging technology applications and software, emerging legislation and regulation that impacts the use of emerging technology, and key influencers to identify and mitigate emerging risks associated with using new technology capabilities
- Evaluates and builds business cases for development and deployment of new automation solutions, including third party vendor evaluations
- Oversees automation product development and implementation, and coordinates integration with standing operating model for detection and investigations
- Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
- Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes, and the targeted use of automation applications
- Reviews and challenges internal and external operational loss events or inefficiencies across people, procedures and technology, including the development of remediation plans to strengthen controls, providing oversight to ensure they are addressed appropriately
- Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals
- Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement
- Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions
- Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues
- People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance
- Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions
- Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization
- Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work
Preferred Qualifications
- Bachelor’s Degree in related field
- Experience in financial services and/or a related government entity
- Certified Anti-Money Laundering Specialist (CAMS)