GFC Investigator (Brokerage - AML/Fraud)
Bank of America, Port Charlotte, Florida, United States, 33948
Overview
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth, including our commitment to an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! 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, focused on Special Investigations, Global Markets, or Global Wealth and Investment Management. In the investigative role, the Investigator conducts complex investigations, including fraud by external parties, securities fraud, money laundering, or terrorist financing. Responsibilities include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts 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 GFCC 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 and partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) 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 Understanding of Retail Brokerage Products, Clients, and Services, such as Equities, Fixed Income Products, Structured Investments, Securitized Products, Mutual Funds, and entity structures (e.g., Personal Holding Companies, Retirement and Trust Accounts) FINRA Securities Essential Exam / FINRA Series 7, Series 6 or relevant experience in back office operations, Margin, ACAT Transfer Suspicious Activity Reporting (SAR) Stakeholder Management (FLU, Business Controls, Risk) Understanding of Rules, Regulations, and Compliance (FINRA/SEC) Desired Qualifications: Bachelor's Degree in related field Experience in financial services and/or a related government entity Certified Anti-Money Laundering Specialist (CAMS) Data Management, Review, and Analysis FINRA Services Principal Licensure (Series 4, 24, 53, 9/10) Knowledge of Alternative Investments (Private Equity, Venture Capital, etc.) Familiarity with Discretionary Trading Products Skills: Fraud Management Policies, Procedures, and Guidelines Management Reporting Risk Management Coaching Issue Management Talent Development Critical Thinking Written Communications Data Analysis Regulatory Compliance Investigation Management Technical Skills: AML Regulatory Knowledge Case Investigation & Resolution Customer Due Diligence Enhanced Due Diligence Financial Crimes Risk Programs High Risk Activities & Typologies Products, Services and Acumen - Global Financial Crimes Risk Identification & Assessment Risk Governance & Reporting Shift:
1st shift (United States of America) Hours Per Week:
40
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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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth, including our commitment to an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! 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, focused on Special Investigations, Global Markets, or Global Wealth and Investment Management. In the investigative role, the Investigator conducts complex investigations, including fraud by external parties, securities fraud, money laundering, or terrorist financing. Responsibilities include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts 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 GFCC 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 and partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) 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 Understanding of Retail Brokerage Products, Clients, and Services, such as Equities, Fixed Income Products, Structured Investments, Securitized Products, Mutual Funds, and entity structures (e.g., Personal Holding Companies, Retirement and Trust Accounts) FINRA Securities Essential Exam / FINRA Series 7, Series 6 or relevant experience in back office operations, Margin, ACAT Transfer Suspicious Activity Reporting (SAR) Stakeholder Management (FLU, Business Controls, Risk) Understanding of Rules, Regulations, and Compliance (FINRA/SEC) Desired Qualifications: Bachelor's Degree in related field Experience in financial services and/or a related government entity Certified Anti-Money Laundering Specialist (CAMS) Data Management, Review, and Analysis FINRA Services Principal Licensure (Series 4, 24, 53, 9/10) Knowledge of Alternative Investments (Private Equity, Venture Capital, etc.) Familiarity with Discretionary Trading Products Skills: Fraud Management Policies, Procedures, and Guidelines Management Reporting Risk Management Coaching Issue Management Talent Development Critical Thinking Written Communications Data Analysis Regulatory Compliance Investigation Management Technical Skills: AML Regulatory Knowledge Case Investigation & Resolution Customer Due Diligence Enhanced Due Diligence Financial Crimes Risk Programs High Risk Activities & Typologies Products, Services and Acumen - Global Financial Crimes Risk Identification & Assessment Risk Governance & Reporting Shift:
1st shift (United States of America) Hours Per Week:
40
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