Job 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!

Job Description:

AML Onboarding role is responsible for ensuring that the business is compliant with all Bank policies and local legal requirements for Global Banking and Markets Clients on boarded to LATAM region. If you are an analytical individual with strong attention to detail, who enjoys the on-boarding of new clients to ensure compliance, regulatory and internal AML/KYC requirements are adhered to, then we have an exciting opportunity for you. We are looking for a person who would like to join KYC/AML On-Boarding team and take responsibility for reviewing documentation for the Bank's branches in its LATAM division.

Responsibilities:

Ensuring that documentation requirements are met and perform Anti-Money Laundering checks at the time of onboarding.  This includes independent verification of information supplied by using external research via the internet, approved sources and vendors.

Reviewing of completed documentation when received back from client and if appropriate sign off documentation in compliance with local AML regulations.

Following up on all outstanding issues/escalations.

Provisioning of guidance, advice, and training to other teams with the business on an ad-hoc basis

Liaising with business partners in Global Finance Crimes Compliance, Client Outreach, Line of Business. Sanctions Team etc.

Skills:

Strong knowledge of AML/KYC requirements or Economic Sanctions laws and regulations gained within a corporate environment;

Law degree or background would be an advantage;

Strong analytical and communication skills  (both oral and written in English);

Strong 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;

Ability to work accurately to tight deadlines in a demanding environment;

Attention to detail;

Good MS Office skills;

12 months experience of Corporate AML/KYC documentation and AML regulations;

Ability to work in a face paced environment and deal with pressure.