Bank of America Corporation

Global Financial Crimes Specialist - Training

Bank of America Corporation$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in AML and fraud compliance or related fields.
  • Bachelor's degree or equivalent professional experience required.
  • Previous experience in financial services or government sector.
  • Strong skills in communication, presentation, and report writing for global stakeholders.
  • Proficiency in Microsoft Office Suite, especially Excel, PowerPoint, and Access.
  • Ability to navigate through global compliance frameworks and risk management guidelines.

Responsibilities

  • Design and develop comprehensive training modules on AML and fraud for all employees.
  • Collaborate with MyLearning and Academy partners to implement targeted training programs.
  • Conduct training sessions on AML regulations and financial crime best practices, both live and virtual.
  • Ensure all training content complies with internal and external regulations.
  • Support the development and review of financial crimes policies and standards.
  • Monitor regulatory changes affecting Global Financial Crimes and advise on necessary policy amendments.
  • Assist in risk assessments and execute independent financial crimes training management reporting.

Benefits

  • Commitment to a culture of meritocracy and professional development.
  • Focus on accountability at all organizational levels.
  • Opportunities for training and career advancement.
Full Job Description
Job Description

This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

Responsibilities

Activities this role performs include, but are not limited to:
  • Design comprehensive Anti-Money Laundering (AML), Fraud, Quality Assurance (QA) and Quality Control (QC) training modules for employees at all levels, across the GFC Non-US Investigations team
  • Work closely with MyLearning and Academy partners to review, design and implement targeted training programmes
  • Conduct live and virtual training sessions on AML regulations, financial crime investigations, internal policies, and best practices
  • Ensure training aligns with internal compliance frameworks and external regulatory requirements
  • Support the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
  • Assist in the production of independent financial crimes training management reporting
  • Assists in the monitoring of changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
  • Contribute to Global Financial Crime Non-US Investigations team training plans, execute independent risk monitoring, testing, gap analysis and risk assessments
  • Support escalation of financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
  • Assists in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of Non-US Investigations-owned issues and control enhancements related to financial crimes training programme
  • Assists in the review of internal and external procedures, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately


Qualifications
  • Demonstrated business and functional experience in AML and fraud.
  • Degree required: Bachelor's or equivalent experience
  • Proven experience within a similar role within the financial services industry and/or government entity
  • Strong communication, presentation and report writing abilities, including ability to communicate with stakeholders globally.
  • Excellent Microsoft Office skills including Excel, Powerpoint, Word and Access
  • Confident working within global policies, procedures and risk management guidelines


Desired Qualifications
  • Certified Anti-Money Laundering Specialist (ACAMS) (preferred)
  • Certified Fraud Examiner (CFE) (preferred)


What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Shift:

Hours Per Week:
37.5

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
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

Similar Jobs

More Jobs at Bank of America Corporation

More Finance & Insurance Jobs

Find similar Global Financial Crimes Specialist - Training jobs: