Global Financial Crimes Compliance (GFCC) Investigator - Brokerage
Global Financial Crimes Compliance (GFCC) Investigator - Brokerage
Charlotte, North Carolina;New York, New York; Hunt Valley, Maryland; Pennington, New Jersey; Dallas, Texas; Jersey City, New Jersey; Tampa, Florida; Phoenix, Arizona; Chicago, Illinois; Jacksonville, Florida
**Job Description:**
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!
**Job Description:**
This job is responsible for performing end-to-end investigations or investigations support functions of external financial crimes activities across one or more lines of business. Key responsibilities include conducting routine to complex investigations, including fraud committed by external parties, money laundering, or terrorist financing and acting as the liaison to Law Enforcement as required.
The Global Financial Crimes Compliance (GFCC) Investigator performs end-to-end investigations across one or more lines of business relevant to the Investigators specific area of responsibility, specifically focused on Special Investigations, Global Markets, or Global Wealth and Investment Management. In the investigative role, the Investigator conducts complex investigations, including fraud committed by external parties, securities fraud, money laundering, or terrorist financing.
Responsibilities for this role include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts of the investigation to assist in identifying potential operational or compliance risks, and completing Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement. This role may partner with GFC Risk Management, front line units or other stakeholders to resolve investigations. This role ultimately reports to investigations teams responsible for coverage over Special Investigations, Global Markets, or Global Wealth and Investment Management.
**Responsibilities:**
+ Completes investigations while overseeing cases meet or exceed closure and quality metrics
+ Completes Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement
+ Reports facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks
+ Partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) or other stakeholders to resolve investigations
+ Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role
**Required Qualifications:**
+ Minimum of five years of relevant experience
+ Minimum 1-2 years’ experience with Fraud, AML, Risk, or Compliance experience and/or knowledge of financial crimes typologies
+ Bachelor’s degree or equivalent work experience in areas such as financial services, fraud, investigative service or law enforcement
+ BSA knowledge relative to AML or Fraud as well as general understanding of AML typologies/red flags
+ Proficiency in Microsoft Excel / data analytics
+ Self-starter capable of analyzing and reporting independently
+ Ability to analyze and manipulate large data sets
+ Interaction with Front Line Units & Customers/Clients
**Desired Qualifications:**
+ Bachelor's Degree in related field
+ Experience in financial services and/or a related government entity
+ Certified Anti-Money Laundering Specialist (CAMS)
+ Knowledge related to retail and/or institutional brokerage products and services and applicable compliance rules and regulations.
+ Securities trading experience in equities, bonds, options, futures contracts
+ Transaction analysis and how it relates to FINRA Red Flags and associated risk
+ Knowledgeable in the areas of research: ACAT Transfers/ Rejections, Special handling, and transfers between category types (Type 1 = cash, Type 2 = Margin, Type 3 = Short, etc. )
+ Back Office/ Front Office Experience, including security reconciliation, Margin reconciliation, securities processing/ master.
+ Securities trading experience in equities, bonds, options, futures contracts
+ FINRA Series license welcomed but not required.
**Skills:**
+ Regulatory Compliance
+ Fraud Management
+ Critical Thinking
+ Written Communications
+ Investigation Management
+ Policies, Procedures, and Guidelines Management
+ Risk Management
+ Reporting
+ Issue Management
+ Talent Development
+ Coaching
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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