Job Description:
Job Title: AML Onboarding Analyst
Corporate Title: Officer
Location: Bromley
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!
Job Description:
We have an exciting opportunity open to join our AML Onboarding Team! The AML Onboarding Analyst is responsible for ensuring that the business is compliant with all Bank policies and local legal requirements for clients onboarded to the EMEA region. If you are an analytical individual with excellent attention to detail, who enjoys the onboarding of new clients to ensure compliance with regulatory and internal AML/KYC requirements, then we have an exciting opportunity for you. We are looking for a person who would like to join the KYC/AML Onboarding team and take responsibility for reviewing and approving account opening documentation for the Bank's branches in its Europe, Middle East, and Africa division (EMEA).
Responsibilities:
* Ensure that documentation requirements are met and perform Anti-Money Laundering checks at the time of GTS client onboarding. This includes independent verification of information supplied by using external research via the internet, approved sources, and vendors.
* Review completed documentation when received back from the client and if appropriate, sign off documentation in compliance with local AML regulations.
* Follow up on all outstanding issues/escalations.
* Provide guidance, advice, and training to other teams within the business on an ad-hoc basis.
* Liaise with business partners in Global Finance Crimes Compliance, Fulfilment, Global Banking Sales, and Local Compliance Officer in Europe.
What we are looking for:
* Knowledge of AML/KYC requirements or Economic Sanctions laws and regulations gained within a corporate environment.
* Experience with Corporate AML/KYC documentation and AML regulations.
* A Law degree or background is ideal.
* The ability to work in a fast-paced environment and deal with pressure.
Skills that will help:
* Excellent analytical and communication skills (both oral and written in English).
* Excellent organizational skills.
* A flexible, team-spirited approach with the ability to work independently.
* A good knowledge of various corporate structures, e.g., Funds, Trusts, Partnerships, SPVs, etc.
* Good MS Office skills.
Benefits of working at Bank of America:
* Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
* Competitive pension plan, life assurance, and group income protection cover if you become unable to work as a result of a disability or health reasons.
* 20 days of backup childcare including virtual tutoring and 20 days of backup adult care per annum.
* The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, etc.
* Use of a flex fund to use towards benefits.
* Access to an emotional wellbeing helpline, mental health first aiders, and virtual GP services.
* Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
* Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions.
* Opportunity to give back to your community, develop new skills, and work with new groups of people by volunteering in your local area.
Bank of America:
Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees in the organization understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunity employer and ensure that no applicant is subject to less favorable treatment on the grounds of gender, gender identity, marital status, race, color, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependents, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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