GFC Executive - AML & Sanctions Risk Assessments

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.

• Update and overhaul Risk Assessment Methodology and Process for AML & Sanctions, to include Targeted Risk Assessments across all business units
• Lead Enterprise AML & Sanctions Risk Assessments across all business units
• Provide subject matter expertise to Consumer, Small Business business unit
• Serve as liaison to key Compliance partners
• Ensure policies and standards are up to date
• Key Risk Inventory (KRI) and Key Performance Indicator (KPI) management
• Oversight of Global Financial Crimes vendors

• Breaks down barriers to create a more inclusive environment that supports company D&I goals
• Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations
• Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success
• Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization
• Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance
• Efficiently allocates and manages resources across the organization to drive short and long term profitability
• Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs
• Mobilizes organizational resources to deliver the full range of the bank's capabilities to meet client needs and to gain competitive advantage

• 10+ years of experience in AML & Sanctions industry or experience in a related field
• Direct experience leading AML & Sanctions Risk Assessments
• Critical thinker with expertise in leveraging data to optimize decision-making
• Expertise in AML & Sanctions risk management and compliance
• Deep knowledge of AML & Sanctions and corresponding regulations
• Track record of engaging and influencing senior executives
• Demonstrated ability to overcome obstacles and resistance to drive change
• Effectively package and communicate complex content and information
• Systems-thinking and process thinking ability / Operational Excellence mindset
• Demonstrates the ability to multi-task in fast-paced environment
• Can operate with independence in ambiguous environment
• Strong collaboration and people leadership skills
• Organizational skills and attention to detail

• Engages and influences at the executive level, drives followership, and establishes and maintains collaborative partnerships

• Demonstrates strategic thinking skills to envision new and better ways of doing things
• Translates strategies into highly pragmatic solutions that meet the needs of multiple stakeholder groups across a large, global organization
• Builds and leverages enterprise knowledge and relationships to drive impact and results
• Navigates complexity; thrives in a highly matrixed environment
• Demonstrates sound judgment
• Fosters an environment that welcomes feedback, encourages debate and engages and teammates at all levels in the organization
• Creates and articulates a well-informed point of view at all levels of the company, even if it is in contrast with others

• Regulatory Compliance
• External Resource Management
• Strategy Planning and Development
• Change Management
• Decision Making
• Issue Management
• Policies, Procedures, and Guidelines Management
• Talent Development
• Risk Management
• Written Communications
• Fraud Management
• Investigation Management
• Coaching
• Inclusive Leadership