Global Financial Crimes Specialist Toronto, Canada **Job Description:** 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. 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! **Job Description** The role will support execution of compliance and operational risk processes used to identify and mitigate risks associated with money laundering, terrorist financing, economic sanctions and fraud and provide risk management and client advisory support within Canada. The incumbent will partner with the Money Laundering Reporting Officer to support regulatory and corporate audits, as well as work with front line business, operations and other financial crimes teams across the region and globally to assess and monitor risks and controls, identify trends, analyse business processes and review quality assurance trends. **Responsibilities** Support the Canada MLRO in performing compliance and risk activities, including: + Develop monitoring and test coverage plans + Performing monitoring and testing activities of Front Line Unit (FLU) and control function (CF) -owned processes related to Customer Due Diligence activities, Non-Financial Regulatory Reporting, or other activities as required against Canadian AML/CFT laws, rules and regulations + Assisting with the review of relevant policies to ensure they reflect Canadian AML/CFT regulatory requirements for Financial Crimes + Conducting financial crimes risk assessments + Acting as the Canada GFC owned procedures specialist + Executing governance and management routines, including development of metrics and analytical reports + Identifying, aggregating, reporting and escalate financial crimes risks, issues and control enhancements + Assisting with preparation for, and participating in, financial crimes related regulatory exams and audits + Assisting in the development of financial crimes training + Assisting in reviewing potential suspicious activity and sanctions alerts + Escalating financial crimes concerns to the Global Financial Crimes Manager or Executive **Skills** + Strong understanding of monitoring, testing and/or quality assurance processes + Extensive knowledge of AML typologies + Ability to read and interpret regulatory guidance + Strong written and verbal communications + Strong analytical, organizational and decision making skills + Strong personal drive, attention to detail, must be a self-motivated and critical thinker + Ability to handle multiple projects in a dynamic environment Proficiency with MS Office programs – including strong Excel expertise + Mature change management and transformation abilities + Ability to quickly learn proprietary technology applications + Excellent research abilities, including exposure to research tools (e.g. LexisNexis, CLEAR) + Sound judgment **Qualifications** + At least 5 years relevant experience in AML and Sanctions, advisory background or Financial Crimes Compliance related to Canada, gained from working in the financial industry + Business Stakeholder Management: experience in risk management and client advisory + Compliance and Operational Risk: experience identifying, mitigating and escalating matters of AML concerns to FLUs and senior management + Possesses decision making skills related to Financial Crimes Compliance Risk Management- and are able to stand up to the FLUs and take decisions + Degree Required:Bachelor’s Degree or equivalent work experience + Preferred candidates with understanding of global banking and markets business lines + Preferred candidates with subject matter expertise in financial crimes risks related to Canada + Ability to handle multiple compliance projects in a dynamic environment and regional team setting **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. **Bank of America is an Equal Opportunity Employer.** _Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position._ Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.