Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Business Control Manager (Aml Enterprise Process Oversight (Epo) Global Financial Crimes Individuals (Customers) Enterprise Standards Implementation Lead)

Expired Job

Bank Of America Corporation Charlotte , NC 28201

Posted 5 days ago

Job Description:

Line Of Business Job Overview

As part of GT&O, the Enterprise Process Oversight (EPO) teams directly impact the firm's ability to achieve and sustain operating and regulatory excellence. The EPO teams oversee the execution of significant processes across the enterprise by partnering with Legal, Compliance and the Front Line Units (FLUs)/Operations. EPOs perform standard functions to identify and mitigate risks, achieve operating targets and consistently comply with applicable laws, rules and regulations.

Job Description:

This role is responsible for oversight of the Global Financial Crimes (AML) Enterprise Standards for Business Entities. This includes working with GFCC and FLU's to review changes to standards, identification of impacts, implementation plan development and execution, reporting and reporting.

  • Partner with GFCC to communicate the changes to the AML Enterprise Standards for individuals with the Front Line Units (FLUs) and Control Functions (CFs) specific to our customers.

  • Oversee the FLUs/CFs impact assessments to identify any gaps to the revised Standards and corresponding implementation plans (methods and timing) for remediation

  • Coordinate with the FLUs/CFs to track the status and progress of implementation plans on a monthly basis

  • Present the status and progress of implementation plans at AML EPO governance meetings on a routine basis

  • Partner with FLUs/CFs to perform adherence assessment of standard requirements as implemented Partner with FLUs to ensure appropriate controls in place to comply with AML requirements to comply with updated policy and/or standards

  • Serves as subject matter expert for AML policy's and standards and provides guidance to FLU/Operations team to clarify with Compliance where unclear.

  • Establish regular process to engage with FLU/ LOB to perform Standard Gap Assessments to evaluate whether or not changes to existing procedures are needed based on alignment to current policy and standards

  • Facilitate and manage new policy/standard exceptions with FLUs and maintain for any existing exceptions through appropriate governance routines.

Enterprise Role Overview

Assist in the execution of internal control discipline and operational excellence within a LOB or ECF. Execute LOB/ECF specific processes and tools to drive adherence to enterprise-wide Standards. Support the implementation of QA/QC processes within the LOB/ECF through ongoing monitoring and testing of controls. Identify issues and/or control improvements for remediation, whilst assisting in building out actions plans and milestones. Acts as an ambassador of the risk culture. Develop and direct staff. Incumbents typically have over 8+ years of risk management and LOB/ECF experience.

Required Skills:

  • 3 + years' experience in AML and preferably CDD (Customer Due Diligence)/KYC (Know Your Customer) with US related regulatory environment and experience in applying the risk framework and evaluating if meeting AML standard requirements.

  • Strong understanding of AML programs, policies, procedures and execution of these processes

  • Experience as AML Risk, Compliance, Audit function and/or AML Operations role with direct experience with interpreting policy/standards, advising, performing impact assessment, development of implementation plans and execution of AML related processes or functions.

  • Ability to facilitate and influence business partners and teammates with complex and challenging problems for resolution.

  • Detail-oriented to ensure quality and accurate work product

  • Working knowledge of AML program or other highly regulated programs

  • Excellent written and verbal communication skills; ability to write for and present to executives

  • Capacity to analyze complex data and present executive level reporting.

  • Strong proficiency with MS Office - Excel, PowerPoint, Visio, and SharePoint

  • Motivated self-starter who takes ownership and can produce high quality results with minimal direction.

  • Strong time management skills and adaptability to address shifting priorities and tight deadlines.

  • Excellent written and verbal communication skills; ability to write for and present to executives.

  • Ability to quickly gain a solid understanding of various operations and support functions.

  • Experience working in high visibility, high pressure environments

  • Proactively builds trusted relationships with key partners and senior leaders to influence

Posting Date: 11/13/2018

Location: Jacksonville, FL, BANK OF AMERICA OFFICE PARK, 9000 SOUTHSIDE BLVD, Charlotte, NC, ONE BANK OF AMERICA CENTER, 150 N COLLEGE ST, Addison, TX, BUILDING I, 16001 N DALLAS PKWY, - United States

Travel: Yes, 5% of the time

Full / Part-time: Full time

Hours Per Week: 40

Shift: 1st shift


See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Business Control Manager(Aml Enterprise Process Oversight (Epo) Regulatory Change Oversight & Reporting )

Bank Of America Corporation

Posted 5 days ago

VIEW JOBS 11/14/2018 12:00:00 AM 2019-02-12T00:00 Job Description: Line of Business Role Description As part of GT&O, the Enterprise Process Oversight (EPO) teams directly impact the firm's ability to achieve and sustain operating and regulatory excellence. The EPO teams oversee the execution of significant processes across the enterprise by partnering with Legal, Compliance and the Front Line Units (FLUs)/Operations. EPOs perform standard functions to identify and mitigate risks, achieve operating targets and consistently comply with applicable laws, rules and regulations. Scope of Work: * Regulatory Change Impact Oversight for Bank activities in 4 regions (AMRS, EMEA, LATAM/Canada and APAC) Job Description: * Engage with Compliance, Control Partners, FLUs to socialize changes to laws, rules and regulations globally that can impact policies, standards or procedures * Leverage compliance reporting and routines related to Enterprise Regulatory Information Change (ERIC) to inform and guide engagement with Compliance, CF and FLU partners * Engage with compliance to understand timing of Country Standard Updates based on law, rules, regulations and other changes globally and communicate upcoming changes to the FLU's through regional EPO structure. * Engage with regional leads to oversee, report and escalate as appropriate FLU impact assessments implementation plans, automation and track enactment of all regulations * Communicate and report progress on implementation of country standard updates through Executive Reviews and AML EPO governance structure. * Advise regional leads on development of Manage Standards Operating Model and application of best practices. * Engage with EPO Controls & Quality Monitoring teams to ensure that any assessments of in-country controls (including QA/QC) are informed by most up-to-date law, rule, or regulatory requirement for those countries Enterprise Role Description Assist in the execution of internal control discipline and operational excellence within a LOB or ECF. Execute LOB/ECF specific processes and tools to drive adherence to enterprise-wide Standards. Support the implementation of QA/QC processes within the LOB/ECF through ongoing monitoring and testing of controls. Identify issues and/or control improvements for remediation, whilst assisting in building out actions plans and milestones. Acts as an ambassador of the risk culture. Develop and direct staff. Incumbents typically have over 8+ years of risk management and LOB/ECF experience. Required Skills: * 3 - 5 years' experience in Financial Crimes Compliance with US and International operating entities, 2 – 3 years in regulatory change management, and 2+ years in applying risk framework and control design framework. * Strong understanding of AML programs, policies, procedures and execution of these processes * Experience as AML Risk/Compliance function and/or AML Operations role with direct experience with interpreting policy/standards, advising, performing impact assessment, development of implementation plans and execution of AML related processes or functions. * Ability to facilitate and influence business partners and teammates with complex and challenging problems for resolution. * Detail-oriented to ensure quality and accurate work product * Working knowledge of AML program or other highly regulated programs * Excellent written and verbal communication skills; ability to write for and present to executives * Capacity to analyze complex data and present executive level reporting. * Strong proficiency with MS Office - Excel, PowerPoint, Visio, and SharePoint * Motivated self-starter who takes ownership and can produce high quality results with minimal direction. * Strong time management skills and adaptability to address shifting priorities and tight deadlines. * Excellent written and verbal communication skills; ability to write for and present to executives. * Ability to quickly gain a solid understanding of various operations and support functions. * Experience working in high visibility, high pressure environments * Proactively builds trusted relationships with key partners and senior leaders to influence * Undergraduate College Degree and preferred Masters/Advanced degree Posting Date: 11/13/2018 Location: Jacksonville, FL, BANK OF AMERICA OFFICE PARK, 9000 SOUTHSIDE BLVD, Charlotte, NC, ONE INDEPENDENCE CENTER, 101 N TRYON ST, Addison, TX, 16001 N DALLAS PKWY (TX8042), - United States Travel: Yes, 5% of the time Full / Part-time: Full time Hours Per Week: 40 Shift: 1st shift Bank Of America Corporation Charlotte NC

Business Control Manager (Aml Enterprise Process Oversight (Epo) Global Financial Crimes Individuals (Customers) Enterprise Standards Implementation Lead)

Expired Job

Bank Of America Corporation