Bank of America is looking to provide end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. This includes managing Anti-Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) processes globally, ensuring client AML/KYC refresh, and maintaining client records.
Requirements
- Familiar with MS Office Suite (Excel/Word/Outlook/Access)
- Anti Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) experience
- Data Collection and Entry
- Recording/Organizing Information
- Research
- Fraud Management
- Risk Management
Responsibilities
- Maintains accuracy of client portfolio using internal and external comparison tools
- Performs research and conducts moderately complex analyses using established techniques, including transactions that require special handling and exception handling
- Explores methods to enhance processes, further reduce risks, and boost client experience
- Creates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reporting
- Conducting client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines
- Review of refresh requirements for assigned jurisdiction in line with related Client Identification Profile (CIP)/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.
- Perform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all refresh requirements are met
Other
- Carrying out duties under general supervision and assisting teammates while following established procedures.
- Partners with colleagues on the trade and sales support teams, as well as external agents
- Escalates potential risks and exposures to manager in a timely manner
- Assists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions
- Liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfill refresh requirements
