Global Financial Crimes Manager

Job Description: Job Title: Global Financial Crimes Manager Corporate Title: Up to Director Location: Dublin 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! Location Overview: Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier. The Team: The role is in the Centralised Execution team within Global Financial Crimes, which undertakes high quality second line activities across Bank of America EU entities and branches. The team manages the financial crimes program for the EU, working closely with MLROs to support them in managing risk and delivering regulatory and compliance priorities. The team also coordinates with similar functions internationally. Role Description: This job is responsible for executing substantive money laundering, economic sanctions and fraud compliance risk practices. Key responsibilities include delivering high profile compliance and regulatory responses across the EU. It will involve working directly or through compliance officers for the Front-Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, operational/fraud risk management requirements. Responsibilities: Produces regulatory deliverables such as risk assessments and responses to regulatory questionnaires Manages or contributes to regulatory inspections and audits (external and internal) Coordinate multi-disciplinary activity in response to identified issues and risks Engages in senior internal fora to progress work priorities, and ensure risks and responses are understood and documented Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front-Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and compliance risks are appropriately addressed Produces and/or oversees independent financial crimes risk management reporting to senior leaders Monitors the changes in regulations applicable to Global Financial Crimes, in particular those arising from the EU AML package, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes Managerial Responsibilities : This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above. Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals. Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data-based decision making and continuous improvement. Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions. Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues. People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance. Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions. Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization. Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating teamwork. What we are looking for: Bachelor's Degree in related field Senior experience in financial services and/or a related government entity Knowledge of second line / programme work in financial crimes Preferable to have Certified Anti-Money Laundering Specialist (CAMS) or similar qualification Several years of relevant experience Knowledge of anti-money laundering (AML) and related AML legislation Skills that will help: Global Risk Management expe