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AML Refresh Ops – Ops Professional MKTS – Global Banking
| Company | Bank of America |
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| Location | Chicago, IL, USA |
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| Salary | $65000 – $116700 |
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| Type | Full-Time |
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| Degrees | |
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| Experience Level | Junior, Mid Level |
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Requirements
- 2+ years financial services experience, with at least one year of AML and/or KYC experience
- Highly developed business acumen for the review and management of detailed documentation
- Documented experience performing in a process-oriented production environment that changes periodically
- Appropriately identify and escalate risk
- Expert experience with MS Office Suite (Excel/Word/Outlook/Access)
- Proven ability to work in a team environment
- Proven ability to manage multiple assignments simultaneously
- Proven ability to successfully meet tight deadlines while ensuring data accuracy and integrity
- Proven ability to work and execute with minimal supervision
Responsibilities
- Confirms loan documentation for accurate trade settlements
- Partners with Sales Associates, Traders, Research Analysts, trading counterparties, internal and external attorneys, administrative agent banks, and various other internal operations groups
- Manages post-trade management and logistics, settlement pricing, and closing coordination
- Analyzes and resolves highly complex operational problems
- Supports ad-hoc projects for new processes or industry initiatives
- Processes loans end-to-end with accurate data input into various credit and operating systems
- Conducting client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines aligned to more complex Jurisdictions and/or client structures
- 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
Preferred Qualifications
- Anti Money Laundering (AML) Know Your Customer/Client Due Diligence (KYC/CDD) experience
