Bank of America Corporation

Global AML Operations - Business Control Mgr

Bank of America Corporation • $100K — $120K *
Jacksonville, FL 32210In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in risk management and compliance roles
  • Strong project management skills with a proven track record
  • Familiarity with AML regulations and compliance requirements
  • Excellent written and verbal communication skills tailored for senior management
  • Ability to work independently and manage multiple priorities
  • Strong analytical skills with attention to detail
  • Experience in procedure and policy implementation or regulatory remediation

Responsibilities

  • Lead the assessment of risk and control environments to ensure compliance with enterprise standards
  • Perform monitoring and testing of controls, identifying issues for remediation
  • Implement optimized controls and enhance Quality Assurance practices
  • Manage team performance in conducting quality inspection reviews
  • Ensure timely execution of QA activities and results reporting
  • Oversee operations responses for regulatory exams and internal audits
  • Capture accurate data for inspection metrics to support governance reporting

Benefits

  • Opportunities for professional development and career advancement
  • Collaborative work environment with cross-functional teams
  • Access to training and resources for continuous improvement
  • Engagement in meaningful projects that impact business operations
  • Supportive leadership focused on talent development
Full Job Description
Job Description:

This job is responsible for leading and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include executing LOB or ECF processes and tools to drive adherence to enterprise-wide standards. Job expectations include supporting the implementation of quality assurance and quality control processes within the LOB or ECF through ongoing monitoring and testing of controls, identifying issues and control improvements for remediation, and building out actions plans and milestones.

Responsibilities:

  • Leads the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
  • Performs monitoring and testing of controls, identifying issues and control improvements for remediation
  • Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
  • Manages the performance and productivity of team members that conduct quality inspection reviews
  • Ensures timely execution of QA activities including control execution, case management, and results reporting
  • Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
  • Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting


Skills:

  • Controls Management
  • Oral Communications
  • Risk Management
  • Stakeholder Management
  • Strategy Planning and Development
  • Continuous Improvement
  • Drives Engagement
  • Influence
  • Strategic Thinking
  • Talent Development
  • Data and Trend Analysis
  • Decision Making
  • Monitoring, Surveillance, and Testing
  • Problem Solving
  • Quality Assurance


Line of Business Job Description

The candidate will be responsible for leading projects within the Global AML Operations Business Controls organization. The team is responsible for:
  • CDD Process Transformation & Simplification
  • Enterprise and Country Standard Business Review & Procedural Adoption Oversight
  • Management of people, process, tech impact assessment driven by new/changed regulations.
  • Facilitation of regulatory driven activities


The role requires strong leadership skill, project management and risk and compliance background. Ideal candidate will be familiar with AML processes and AML regulatory requirements.

Responsibilities may include:

  • Directly lead CDD requirements Simplification and Harmonization projects
  • Facilitate gap assessment driven by AML Regulatory changes, Audit Issues and Regulatory Remediation work effort
  • Run regular routines with key stakeholders across GBGM AML Operations, Global Financial Crimes, Risk and Technology
    • Demonstrate strong collaboration, influencing, and relationship management skills
    • Coordinate and partner across other GAOO support teams and stakeholders to ensure end-to-end process engagement and timely change implementation.
  • Work with impacted stakeholders to develop and document implementation plans based on gap assessment findings
  • Review and govern proposed changes to operational procedures and processes through governance forums.
  • Use data to proactively identity process simplification opportunities


Required Skills:

  • Strong Project Management skills and proven track record of leading projects
  • Experience in Procedure and Policy Implementation, Regulatory Remediation or similar Business Controls activities
  • Familiarity with AML regulations would be an advantage
  • Ability to work accurately to tight deadlines in a demanding environment
  • Excellent written and verbal communication skills - ability to tailor messaging to senior management.
  • Ability to interact with people at all levels of the organization and ability to organize data for executive level reporting
  • Self-Starter who can work independently with little guidance or direction
  • Ability to read and understand complex matters, anticipate risks, and summarize key information.
  • Strong research and analytical skills and attention to detail but in context with broader business landscape
  • Strong presentation skills and the ability to present key messages, effective recommendations, and information in a clear, concise, insightful and influential way


Shift:
1st shift (United States of America)

Hours Per Week:
40

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Finance & Insurance
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ
BAC
* Ladders Estimates

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