Bank of America is looking to improve its Anti-Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) processes to support its Global Markets sales, trading, and underwriting business
Requirements
- Familiar with MS Office Suite (Excel/Word/Outlook/Access)
- Data Collection and Entry
- Recording/Organizing Information
- Attention to Detail
- Critical Thinking
- Research
- Fraud Management
- Risk Management
- Interpret Relevant Laws, Rules, and Regulations
- Quality Assurance
- Problem Solving
- Adaptability
- Credible Challenge
- Enhanced Due Diligence
- Financial Crimes Risk Programs
- Issues Management & Resolution
- Line of Business (LoB) Products, Services & Acumen
- Regulatory Knowledge
- Risk Control & Mitigation
- Risk Governance & Reporting
- Risk Monitoring & Testing
- Data Quality 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
- 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
- Ensure all jurisdictional regulatory requirements related to KYC are adhered to
Other
- Two or more years of financial services experience
- Excellent verbal and written communications skills
- Work in a team environment
- Organize work, prioritize tasks and handle multiple assignments simultaneously
- Successfully meet tight deadlines while ensuring data accuracy and integrity
