GFC - Financial Intelligence Unit – Detection, Non-US Monitoring

Job Description:

Job Title: GFC- Financial Intelligence Unit- Detection, Non- US Monitoring

Corporate Title: Up to Director

Location: Bromley

Company Overview:

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.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description:

This role is responsible for defining the vision and roadmap for a product or technology solution, defining and prioritizing deliverables in the product book of work, and articulating this to both business stakeholders and technology development teams. The Senior Product Owner/Senior Business Analyst is experienced in the role of a Product Owner, expert of the product, and have a deep understanding of the business and/or technology domain, while also having advance quantitative/analytic skills to influence the Financial Crimes program strategic transaction monitoring and data management direction.

Responsibilities:

1. Model and scenario management, performing conceptual soundness, coverage/control management, and ongoing model maintenance for non-US models and select models with global impact.
2. Managing, supporting, and executing our non-US transaction monitoring efforts. Manage model enhancements as a result of regulatory remediation and risk/coverage/conceptual soundness assessments.
3. Driving the delivery of technology initiatives for Financial Crimes production applications and tools by defining and prioritizing deliverables in the product book of work and articulating this to both business stakeholders and technology development teams.
4. Creating and managing Business Requirement Documents (BRDs), developing epics and stories, and managing the agile delivery efforts and documentation with our technology partners.

What we are looking for:

1. Understanding of AML detection strategies, scenarios, models and case management systems. Understanding of the Model Risk Management governance.
2. Understanding of financial crime risks for capital markets, financial institution clients and corporates across multiple jurisdictions.
3. Excellent Data Analytical Skills including Data Infrastructure, Development, Implementation Experience; Excellent understanding of data environments.
4. Experience navigating across diverse teams, functions, business units and lines of defence across multiple jurisdictions.
5. Experience with data analysis, visualization and interpretation for messaging of changes in the Transaction Monitoring activities. Ability to clearly write technical business requirements documents and skills with the Agile methodology and using JIRA.
6. Excellent multitasking abilities and time management skills.

Skills that will help:

1. CAMS certification (preferred)

Benefits of working at Bank of America:

UK

1. Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
2. Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
3. 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.
4. The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
5. Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
6. Access to an Employee Assistance Program for confidential support and help for everyday matters.
7. Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
8. Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
9. Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.