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Form of workJob 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.
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!
Global Commercial Banking (GCB) serves over 9,100 clients with annual revenues of $50 million to more than $2 billion. GCB serves primarily U.S. and Canadian clients, working to deliver a full suite of financial solutions, including the international needs of our clients' overseas subsidiaries. GCB is organized by industry and geography, to deliver both local coverage and industry expertise. Our unique client coverage model and close partnerships with other businesses in Global Banking & Markets plus Global Wealth & Investment Management and Consumer Banking and Small Business, enable our commercial client teams to seamlessly deliver all of the company's capabilities as integrated solutions.
The Onboarding specialist role is responsible with engaging clients and internal partners on domestic onboarding with the primary focus on Know Your Customer(KYC), Anti Money Laundering(AML), and coordinating the implementation of new depository products. The main function for the OS role is to ensure audit and regulatory requirements are being met by executing and adhering to policy and procedures along with mitigating any potential regulatory, operational, reputational, and financial risk. The role will lead and coordinate the implementation of depository products that are related to account openings while demonstrating the ability to manage internal and external expectations on the Onboarding and account opening process.
Primary Responsibilities
Demonstrate ownership and accountability on executing the AML/KYC onboarding processes and procedures while identifying potential operational and control gaps
Demonstrate ownership and accountability on the implementation of Treasury account openings
Educate and raise awareness to clients and internal partners on the AML/KYC onboarding and account opening process
Embrace a risk culture while focusing on data integrity and being compliant from an Compliance Risk perspective
Proactively engages in client conversations to educate client contact on timing, required deliverables to complete onboarding process
Supports Customer Due Diligence processes, ensuring timely completion and accuracy of policy and regulatory requirements related to Anti-Money Laundering (AML), money services businesses, other high-risk indicators or industries, and related KYC activities
Qualifications
Bachelor Degree preferred
Experience with KYC/AML due diligence process including appropriate identification and escalation of risks
Experience with Treasury Product and Solutions
Client-facing experience and proven problem solving skills
Strong aptitude for strategic and critical thinking with the ability to connect analytical work to the client needs and strategic objectives; client focused
Strong business and financial acumen; familiarity with Global Commercial Banking
Proven organizational skills and ability to execute tasks and projects independently
Efficiently able to meet deadlines while balancing competing demands of multiple internal partners
Must demonstrate strong interpersonal, collaboration and communication skills
Proficiency with Microsoft programs including Word, Excel, PowerPoint, SharePoint , and Outlook; advanced Excel skills a plus and Tableau reporting knowledge
Desired Skills
CAMs Certified
Project management/process coordination experience
IDS, IMPACS, CAPS, APX, Navigator, ECF, BOSS/FAST, Document Direct
Ability to interpret bank standard legal documentation
Strong Treasury Product and DDA/TM platform knowledge ideal
Shift:
1st shift (United States of America)
Hours Per Week:
40
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!
Global Commercial Banking (GCB) serves over 9,100 clients with annual revenues of $50 million to more than $2 billion. GCB serves primarily U.S. and Canadian clients, working to deliver a full suite of financial solutions, including the international needs of our clients' overseas subsidiaries. GCB is organized by industry and geography, to deliver both local coverage and industry expertise. Our unique client coverage model and close partnerships with other businesses in Global Banking & Markets plus Global Wealth & Investment Management and Consumer Banking and Small Business, enable our commercial client teams to seamlessly deliver all of the company's capabilities as integrated solutions.
The Onboarding specialist role is responsible with engaging clients and internal partners on domestic onboarding with the primary focus on Know Your Customer(KYC), Anti Money Laundering(AML), and coordinating the implementation of new depository products. The main function for the OS role is to ensure audit and regulatory requirements are being met by executing and adhering to policy and procedures along with mitigating any potential regulatory, operational, reputational, and financial risk. The role will lead and coordinate the implementation of depository products that are related to account openings while demonstrating the ability to manage internal and external expectations on the Onboarding and account opening process.
Primary Responsibilities
Demonstrate ownership and accountability on executing the AML/KYC onboarding processes and procedures while identifying potential operational and control gaps
Demonstrate ownership and accountability on the implementation of Treasury account openings
Educate and raise awareness to clients and internal partners on the AML/KYC onboarding and account opening process
Embrace a risk culture while focusing on data integrity and being compliant from an Compliance Risk perspective
Proactively engages in client conversations to educate client contact on timing, required deliverables to complete onboarding process
Supports Customer Due Diligence processes, ensuring timely completion and accuracy of policy and regulatory requirements related to Anti-Money Laundering (AML), money services businesses, other high-risk indicators or industries, and related KYC activities
Qualifications
Bachelor Degree preferred
Experience with KYC/AML due diligence process including appropriate identification and escalation of risks
Experience with Treasury Product and Solutions
Client-facing experience and proven problem solving skills
Strong aptitude for strategic and critical thinking with the ability to connect analytical work to the client needs and strategic objectives; client focused
Strong business and financial acumen; familiarity with Global Commercial Banking
Proven organizational skills and ability to execute tasks and projects independently
Efficiently able to meet deadlines while balancing competing demands of multiple internal partners
Must demonstrate strong interpersonal, collaboration and communication skills
Proficiency with Microsoft programs including Word, Excel, PowerPoint, SharePoint , and Outlook; advanced Excel skills a plus and Tableau reporting knowledge
Desired Skills
CAMs Certified
Project management/process coordination experience
IDS, IMPACS, CAPS, APX, Navigator, ECF, BOSS/FAST, Document Direct
Ability to interpret bank standard legal documentation
Strong Treasury Product and DDA/TM platform knowledge ideal
Shift:
1st shift (United States of America)
Hours Per Week:
40
