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Operations Analyst - US Wire Investigations

AT Bank of America
Bank of America

Operations Analyst - US Wire Investigations

Richmond, VA

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. This includes our commitment to being a diverse and 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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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Regulatory Wire Investigations are conducted by financial institutions and law enforcement to detect / monitor unusual activity, such as large transactions, or patterns of transactions, combine with Handling Know Your Customer Inquiries Pertaining to Internal or External Customers, Handling Regulatory and POP (purpose of payment) Inquiries. Investigator reviews the incoming request and inputs case-specific detail into all required fields in GIN system.

The US Regulatory Investigations team reviews queries from other Financial Institutions utilizes SWIFT to communicate between financial institutions with a goal to relay required information to allow the wire to reach its destination.

The Operations Analyst is responsible for analyzing the day-to-day issues, researching, and providing resolution for various issues identified within a business unit. Key responsibilities include supporting defined procedures, routine analytics, and creating reports and completing exception processing.

Responsibilities:

  • Assists with coordination of implementation for products, services, and operational solutions
  • Supports the design, documentation, implementation, and monitoring of new products and services
  • Provides guidance regarding procedural, technical, and operational changes
  • Expands business products knowledge within operations environment
  • Builds network by developing relationships with partners and teammates
  • Inspects data to identify issues and trends
  • Collects and interprets data to validate operational processes

Required Skills:

  • Must be able to Multitask using various systems/applications as well as different tasks at different times.
  • Strong ability to work both independently and collaboratively.
  • Excellent communication/organizational skills
  • Proficient work experience with Microsoft Office Suite, especially Excel.

Desired Skills:

  • Wire Transactional background/knowledge
  • Strives to bring new thoughts and ideas to the team to drive innovation and unique solutions.

Skills:

  • Attention to Detail
  • Customer and Client Focus
  • Monitoring, Surveillance, and Testing
  • Process Performance Management
  • Research
  • Adaptability
  • Business Analytics
  • Critical Thinking
  • Reporting
  • Written Communications
  • Data Management
  • Policies, Procedures, and Guidelines Management
  • Process Design
  • Process Effectiveness
  • Strategic Thinking

Shift:
1st shift (United States of America)

Hours Per Week:
40

Client-provided location(s): Richmond, VA, USA; Scranton, PA, USA
Job ID: BankOfAmerica-JR-25003867
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