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Bank of America Hiring for Operations Sr Analyst – AML Refresh Operations at Richmond, VA

Bank of America

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Job Description:


Department and Role Overview:

Anti Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) is part of the Global Operations organization and is responsible for client AML/KYC refresh globally. The team supports the business in completing AML/KYC due diligence checks as well as maintaining client records. Multiple openings available


Primary responsibilities of the Refresh Analyst will include:

  • 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.
  • Liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfill refresh requirements
  • 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
  • Support business with KYC related queries and requests
  • Participate in remediation, internal/external Audits


Required Skills:

  • Two or more years of financial services experience
  • Excellent verbal and written communications skills
  • Documented experience performing in a process-oriented production environment that changes periodically
  • Familiar with MS Office Suite (Excel/Word/Outlook/Access)
  • Proven ability to:

    • Work in a team environment
    • Organize work, prioritize tasks and handle multiple assignments simultaneously
    • Successfully meet tight deadlines while ensuring data accuracy and integrity
    • Work and execute with minimal supervision or remote management


Desired Skills:

  • Anti Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) experience desired but not required
  • College degree (Associates or higher) or comparable work experience


Job Band:

H6


Shift:

1st shift (United States of America)


Hours Per Week:

40


Weekly Schedule:


Referral Bonus Amount:

600

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