Job Description:
Corporate Title: up to Vice President
Company Overview:
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 organisation.
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!
Join Us in Belfast – A City of Opportunity and Innovation
We’re thrilled to announce the opening of our new office in Belfast—a vibrant, fast-growing hub for financial services and technology, and a strategic addition to Bank of America’s global footprint. This expansion underscores our commitment to investing in talent and driving innovation across the UK and Ireland.
Our new offices at City Quays are in the heart of a city celebrated for its rich history, dynamic culture, and thriving business community. Whether you’re local or considering relocation, you’ll find a welcoming environment, an excellent quality of life, and the opportunity to help shape the future of banking.
About Bank of America in Belfast
Bank of America is one of the world’s leading financial institutions, powered by approximately 213,000 talented employees worldwide. Our new Belfast facility will strengthen our business continuity planning and risk management capabilities while reinforcing the expertise and value delivered across our global teams. We’re committed to creating up to 1,000 new roles, starting with positions in Global Anti-Money Laundering Operations and Global Financial Crimes Compliance. These teams will focus on critical areas such as client due diligence, quality assurance, and regulatory compliance support—key functions that safeguard the integrity of the international financial system.
Role Description:
This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.
Responsibilities:
Activities this role performs include, but are not limited to:
*Perform quality control (QC) tests to ensure AML and Fraud investigations are completed in accordance with regulatory requirements and internal procedures.
*Review and scoring of simple to complex AML and fraud cases for GFC Non-US Investigations; evaluation of any errors/discrepancies and document findings in a timely matter.
*Supports the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
*Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
*Assists in the monitoring of changes in regulations applicable to Global Financial Crimes, 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
*Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments
*Supports with escalating financial crimes-related compliance and operational risks and issues to appropriate governance routines, management/board level committees
*Identifying and tracking any required remediation actions and ensuring timely documentation.
*Maintain and update QC procedures to align with regulatory and internal standards.
*Respond to audit-related queries and provide necessary documentation.
*Prepare and deliver monthly QC reports in a timely manner with accurate findings and recommendations.
*Provide training and guidance to relevant stakeholders, including QC Associates, Investigators, QA teams, and MLROs, as needed.
Required Qualifications:
*Demonstrated business and functional experience in AML or fraud
*Degree required: Bachelor’s or equivalent experience
*Confident working within global policies, procedures and risk management guidelines
*Strong organisational skills, time management, and attention to detail
*Desired Qualifications:
*AML experience reviewing cases in broker dealer, global financial crimes and/or terrorist financing
*Excellent Microsoft Office skills including Excel, Powerpoint, Word and Access
Benefits of working at Bank of America
UK
*Private healthcare for you and your family
*Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
*20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
*The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
*Use of a flex fund to use towards benefits
*Access to an emotional wellbeing helpline, and virtual GP servicesAccess to the Peppy App which provides 1:1 support, consultations and resources r