Audit & Exam Specialist - Anti Money Laundering

About this role

Job Description

Job Title: Audit & Exam Specialist - Anti Money Laundering

Corporate Title: Up to Vice President

Company Overview

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.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

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!

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description

The APAC Global Banking & Markets Anti-Money Laundering Operations (APAC GB & GM AML Ops) organization is a central control function which governs, facilitates, and oversees the APAC end-to-end AML program across all GB and GM businesses and jurisdictions through implementation of processes and controls to effectively manage AML and economic sanctions risks. This candidate will engage in coordination and oversight of Audit & Exam (AEM) engagement specific to the APAC region (12 jurisdictions).

The role would own the responsibility to pull together Audit & Exam regional dashboards, project management, roadmaps deliverables, and other governance related routines including regional decks for the global or regional leadership and routines with all key stakeholders.

The candidate should have a strong risk management discipline and experience running operational risk processes.

Successful candidate will coordinate, influence, and collaborate closely with all levels of the organization. Strong communication and experience in banking processes, risk management and organizational structure will be helpful in effectively navigating the organization and influencing partners to achieve outcomes.

Responsibilities

• Document the methodology for Audit and Exam Management and ensure proper communication and adherence from all internal stakeholders
• Ensure Audits & Exams under your purview are handled as per the protocol across silos with strong attention to timeliness of deliverables, quality of coordination & reporting
• Coordinate Audit & Exam with internal stakeholders and auditors, follow-up on process and response, ensure proper governance; assist with approach to responses, research and tracking for timely submission
• Identify and proactively escalate emerging thematic risk within the customer due diligence processes
• Actively liaise and manage relationship with APAC Financial Crimes and Compliance and Corporate Audit for processes supported by APAC GB & GM AML Ops
• Coordinate across other AEM AML support partners and stakeholders to ensure global process engagement
• Identify issues and/or control improvements for remediation and escalation
• Produce the necessary indicators and management reports to allow proper oversight on Audit and Exams under your purview
• Responsible to support Senior Leadership Team’s weekly agenda and routine
• Act as the Single Point of Contact for Audit and exams under your purview and become a key contributor of the risk culture within APAC GB & GM AML

Skills

• University degree in related fields e.g., compliance, operational risk, business administration or equivalent.
• 5-10 years relevant work experience in Risk and Regulatory exam management
• Experience with AML programs and AML KYC would be a strong advantage
• Strong thought leadership, independent and logical thinker with highly developed problem-solving skills
• A team player, high on collaboration and partnership with peers, partners, and stakeholders
• Strong influencing and persuasive skills, ability to obtaining favorable outcomes
• Effective navigation skill to source required information by engaging with relevant stakeholders
• Ability to read and understand complex matters, anticipate risks, and summarize key information
• Demonstrated ability to quickly build deep and broad business/technical acumen
• Strong communication- both verbal and written.