Company: Bank of America Location: Charlotte, North Carolina, United States
Job Description:
Sets strategic vision and direction for the program. Coordinates the identification and reporting of significant issues/events and develops strategy for senior management to protect the company’s assets, customers, reputation and to mitigate losses as compliance with applicable regulations is maintained.
Position has domestic or international responsibility for investigations of suspected or known fraud/criminal acts against the bank an its customers.
- Creates plan to load balance investigative cases for distribution within their organization.
- Plans and organizes resources to achieve the group’s performance, loss and compliance goals and objectives.
- Maintains close business relationships with business partner executives, ensuring significant issues and fraud trends are effectively escalated, communicated and acted upon across the enterprise.
- Works closely with law enforcement, regulatory and industry counterparts engaged in fraud protection to proactively pool resources and intelligence to accomplish shared objectives.
- Ensure consistent application of professional best practices in administering the investigation programs.
- Responsible for strategic planning, budgeting, resource and expense management.Investigations may cover highly diversified business functions and fraud types. Often required to work under Attorney/Client privilege. Success measures include: loss avoidance, loss prevention, gaps identified via investigations. Contribute to the business partners fraud mitigation plans through risk assessment participation.
General Description:
Domestic or international responsibility for investigations of all criminal acts against the bank and its customers. Investigations may cover highly diversified business functions. Ensures consistent application of professional best practices in administering the overall investigation and/or security programs. Reviews, assigns, and monitors investigative case loads. Plans and organizes resources to achieve the group’s goals and objectives. Coordinates the identification and reporting of significant issues and develops recommendations to senior management to protect the company’s people, to protect the company’s assets, and to mitigate losses. Maintains close business relationships with all local business partner executives, ensuring significant issues and fraud trends are effectively communicated and acted upon. Works closely with law enforcement, regulatory and industry counterparts to proactively pool resources, share intelligence and develop fraud prevention programs.
Qualifications
Required Skills:
- 5 or more years of experience in Investigations, Compliance and/or Fraud.
- Previous management experience required in managing a team of up to 6 directs with a total team of 50 to 100 employees.
- Previously established network with Law Enforcement or others in the AML/Fraud Investigations field.
- Knowledge of and ability to apply knowledge of regulatory/compliance risk management and AML related requirements including BSA, USA PATRIOT Act, OFAC and other applicable U.S. regulations, particularly as they relate to money laundering and terrorist financing typologies at a large financial institution the includes US and international banking services and an institutional and retail broker/dealer
- Flexible with the ability to adapt to change quickly and take initiative to complete job requirements while also having the ability to multi task and handle multiple escalating events at one time with pressure of deadlines
- Organized and possess decision making skills related to the filing of a Suspicious Activity Report along with sound judgment to know how to handle all aspects of situation and when and to whom to escalate
- Ability and willingness to do doing things differently as required by environment, regulatory or strategic needs
- Good foresight for detecting risks and thinking of creative ways to solve/mitigate the risks
- Ability to navigate effectively/creatively through roadblocks in a professional, diplomatic demeanor
- Ability to interact confidently and effectively with senior mgmt, regulators and audit
- Ability to balance compliance requirements, business goals, and regulatory demands.
- Strong communication skills and ability to interact with key business leaders and regulators at all levels of seniority.
Desired Skills:
- Process Excellence
- Six Sigma Green Belt/Black Belt Certified
- PMP certified
Job Family: K-Risk Evaluation
Language:
Travel: Yes, 10 % of the Time Posting Date: Aug 13 2012
Unposting Date: Aug 20 2012
Hours Per Week:40.00Full / Part-time: Fulltime
Shift: 1st Shift
Weekly Schedule:M-F 8am to 5pm
How to Apply
http://careers.bankofamerica.com/JobDetails.aspx?
Job Description:
Sets strategic vision and direction for the program. Coordinates the identification and reporting of significant issues/events and develops strategy for senior management to protect the company’s assets, customers, reputation and to mitigate losses as compliance with applicable regulations is maintained.
Position has domestic or international responsibility for investigations of suspected or known fraud/criminal acts against the bank an its customers.
- Creates plan to load balance investigative cases for distribution within their organization.
- Plans and organizes resources to achieve the group’s performance, loss and compliance goals and objectives.
- Maintains close business relationships with business partner executives, ensuring significant issues and fraud trends are effectively escalated, communicated and acted upon across the enterprise.
- Works closely with law enforcement, regulatory and industry counterparts engaged in fraud protection to proactively pool resources and intelligence to accomplish shared objectives.
- Ensure consistent application of professional best practices in administering the investigation programs.
- Responsible for strategic planning, budgeting, resource and expense management.Investigations may cover highly diversified business functions and fraud types. Often required to work under Attorney/Client privilege. Success measures include: loss avoidance, loss prevention, gaps identified via investigations. Contribute to the business partners fraud mitigation plans through risk assessment participation.
General Description:
Domestic or international responsibility for investigations of all criminal acts against the bank and its customers. Investigations may cover highly diversified business functions. Ensures consistent application of professional best practices in administering the overall investigation and/or security programs. Reviews, assigns, and monitors investigative case loads. Plans and organizes resources to achieve the group’s goals and objectives. Coordinates the identification and reporting of significant issues and develops recommendations to senior management to protect the company’s people, to protect the company’s assets, and to mitigate losses. Maintains close business relationships with all local business partner executives, ensuring significant issues and fraud trends are effectively communicated and acted upon. Works closely with law enforcement, regulatory and industry counterparts to proactively pool resources, share intelligence and develop fraud prevention programs.
Qualifications
Required Skills:
- 5 or more years of experience in Investigations, Compliance and/or Fraud.
- Previous management experience required in managing a team of up to 6 directs with a total team of 50 to 100 employees.
- Previously established network with Law Enforcement or others in the AML/Fraud Investigations field.
- Knowledge of and ability to apply knowledge of regulatory/compliance risk management and AML related requirements including BSA, USA PATRIOT Act, OFAC and other applicable U.S. regulations, particularly as they relate to money laundering and terrorist financing typologies at a large financial institution the includes US and international banking services and an institutional and retail broker/dealer
- Flexible with the ability to adapt to change quickly and take initiative to complete job requirements while also having the ability to multi task and handle multiple escalating events at one time with pressure of deadlines
- Organized and possess decision making skills related to the filing of a Suspicious Activity Report along with sound judgment to know how to handle all aspects of situation and when and to whom to escalate
- Ability and willingness to do doing things differently as required by environment, regulatory or strategic needs
- Good foresight for detecting risks and thinking of creative ways to solve/mitigate the risks
- Ability to navigate effectively/creatively through roadblocks in a professional, diplomatic demeanor
- Ability to interact confidently and effectively with senior mgmt, regulators and audit
- Ability to balance compliance requirements, business goals, and regulatory demands.
- Strong communication skills and ability to interact with key business leaders and regulators at all levels of seniority.
Desired Skills:
- Process Excellence
- Six Sigma Green Belt/Black Belt Certified
- PMP certified
Job Family: K-Risk Evaluation
Language:
Travel: Yes, 10 % of the Time Posting Date: Aug 13 2012
Unposting Date: Aug 20 2012
Hours Per Week:40.00Full / Part-time: Fulltime
Shift: 1st Shift
Weekly Schedule:M-F 8am to 5pm
How to Apply
http://careers.bankofamerica.com/JobDetails.aspx?