Bank of America Corporation

Sr Global Financial Crimes Investigator

Bank of America Corporation • $90K — $110K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5-7 years of functional experience in financial crimes prevention or compliance.
  • Bachelor's degree or equivalent work experience required.
  • At least 1 year of AML/Compliance experience preferably in a financial institution or government role.
  • Proficient in Microsoft Excel for data analysis.
  • In-depth knowledge of various Global Markets products and services, including equity and fixed income transactions.
  • Strong understanding of money laundering and financial crime typologies relevant to Global Payments and correspondent banking.
  • Familiarity with Canadian sanctions regulations and investigative practices.

Responsibilities

  • Review and analyze complex investigations to recommend enhancements for closure quality metrics.
  • Timely review of Activity Intelligence Reports (AIRs) for regulatory and law enforcement submissions.
  • Report investigation findings to senior stakeholders and identify compliance risks in partnership with management.
  • Perform quality control and guidance for investigative support functions and training.
  • Identify improvements to investigation and case assignment processes to enhance effectiveness.

Benefits

  • Culture of meritocracy supporting professional development and recognition.
  • Commitment to delivering value for clients, shareholders, and employees.
  • Focus on excellence in performance and accountability across the organization.
Full Job Description
Job Description

This job is responsible for performing end-to-end investigations or investigations support functions of external financial crimes activities across one or more lines of business. Key responsibilities include reviewing routine to complex investigations, including fraud committed by external parties, money laundering, or terrorist financing and acting as the liaison to Law Enforcement as required. Job expectations include providing coaching and inputs to investigators to improve case quality, ensure all cases are sufficiently investigated and findings are adequately documented.

Responsibilities
  • Reviews, analyzes, and makes recommendations on investigations, while identifying enhancements to ensure cases meet or exceed closure and quality metrics
  • Reviews Activity Intelligence Reports (AIRs) in a timely and accurate manner for submission to regulators and/or law enforcement
  • Reports facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks and partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) to resolve investigations
  • Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role
  • Supports the identification of improvements to the investigations and case assignment processes to enhance the effectiveness of investigative procedures


Qualifications
  • Extensive business and functional experience
  • Degree required: Bachelor's or equivalent work experience
  • Prior anti-money laundering / financial crimes investigation experience in a financial institution or government position, as well as 1+ years of AML/Compliance experience and or knowledge of AML typologies
  • Proficiency in Microsoft Excel is needed
  • Substantial working knowledge of Global Markets products, services, transactions, and client activities, including securities, fixed income, equities, foreign exchange, derivatives, financing, capital markets, and investment banking activities, as applicable
  • Demonstrated understanding of money laundering, fraud, terrorist financing and sanctions evasion typologies, red flags, and investigative techniques relevant to Global Markets products, transactions, and client activity
  • Substantial working knowledge of Global Payments and correspondent banking products, services, transactions, and corporate and institutional client activities
  • Demonstrated understanding of money laundering, fraud, terrorist financing and sanctions evasion typologies, red flags, and investigative techniques relevant to Global Payments and correspondent banking
  • Working knowledge of Canadian sanctions requirements, sanctions evasion typologies, indicators, and investigative practices, including the identification and investigation of potential sanctions circumvention, beneficial ownership concealment, intermediary structures, and other sanctions-related risks


Desired Qualifications
  • Additional technical/functional experience (e.g., Industry type): Financial Services and/or related government entity
  • Certifications: ACAMS - Association of Certified Anti-Money Laundering Specialists
  • Knowledge of Global Markets, Capital Markets, Sales & Trading, Corporate and Investment Banking, including Global Payments, or related businesses
  • Experience conducting investigations involving fraud, sanctions exposure, sanctions evasion risk, cross-border activity, trade-based money laundering, complex legal entity structures, correspondent banking, securities, and capital markets transactions
  • Knowledge of Canadian AML/AT, fraud and sanctions regulatory requirements, including FINTRAC reporting obligations and sanctions-related investigative expectations
  • Ability to analyze large amounts of data, intelligence, and information to detect suspicious activity


Skills
  • Coaching
  • Fraud Management
  • Quality Assurance
  • Regulatory Compliance
  • Investigation Management
  • Policies, Procedures, and Guidelines Management
  • Risk Management
  • Issue Management
  • Reporting
  • Written Communications


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
Finance & Insurance
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ
BAC
* Ladders Estimates

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