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Assistant Vice President, AML Onboarding Senior AML Advisor

AT Bank of America
Bank of America

Assistant Vice President, AML Onboarding Senior AML Advisor

Singapore

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.

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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!

About the Role:

The role is within a team of associates in the Anti-Money Laundering Client Due Diligence (AML/CDD) onboarding function. This role sits with the business management team - supporting AML onboarding initiative across Global Credit, AML and Onboarding Operations (GCAOO). The team is responsible for change management, training, initiatives, data & analytics, audit & exams readiness and quality monitoring.

We not only offer the training and support you will expect from a leading global bank but also the opportunity to grow your career. With exposure to a variety of financial products and markets plus internal exposure to business and support stakeholders, we can offer excellent development and represent the ideal mobility opportunity.

Job Description:

  • Act as a project manager for Onboarding to enable the implementation of regional and enterprise-level AML regulatory/policy/procedure changes
  • Work cross functionally between GFC, Businesses and other AML stakeholders to ensure the flawless execution of change
  • Responsible for drafting procedure change requests related to LRR changes
  • Provide training and day-to-day coaching of CDD processes and requirements
  • Lead and champion operational excellence projects and initiatives to digitize, automate and simplify and improve processes
  • Contribute to the design of new process and drive change management, while ensuring alignment with the strategic plan and mission
  • Develop presentation deliverables related to projects and present to senior leaders and management
  • Proactively communicate with senior management regarding potential risk items and issues
  • Create and support the reporting of business metrics and management data in order to track performance against goals and priorities
  • Be the point of contact for APAC AML Onboarding Business Management when matters require attention

Key Requirements:

  • At least 3-5 years' working experience in a similar role is preferred
  • Strong stakeholder management skills across global and regional teams
  • Management reporting experience
  • Excellence communication skills and ability to present to an audience
  • Control focused mindset and good understanding of regulatory and reputational risks
  • Ability to work under pressure in a dynamic team environment
  • Good written and oral English

Other Qualifications:

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
  • Excels in working among diverse viewpoints to determine the best path forward
  • Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
  • Commitment to challenging the status quo and promoting positive change
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Client-provided location(s): Singapore
Job ID: BankOfAmerica-JR-24041243
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA
    • HSA
    • On-Site Gym
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Sabbatical
  • Financial and Retirement

    • Performance Bonus
    • Company Equity
    • 401(K) With Company Matching
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Tuition Reimbursement
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program