Senior Business Controls Specialist (Monitoring & Inspection)

Overview

Senior Business Controls Specialist (Monitoring & Inspection) role at Alliance & Leicester. Location: Bromley. Corporate Title: Up to Assistant Vice President.

Bank of America context appears in the original text, but the core job posting is for Alliance & Leicester. The description includes responsibilities related to Monitoring & Inspection (M&I) within GBGM AML/KYC, focusing on Quality Assurance (QA) for CDD/EDD, testing for AML/Financial Crimes Global Standard, and supporting governance and compliance activities.

Role Description

The Monitoring & Inspection (M&I) team conducts QA inspection of Global Banking & Global Markets (GBGM) AML/KYC client data across global branches. This position supports monthly control execution and directly oversees the execution of the QA program. You will join and collaborate with an international team. Responsibilities include conducting a comprehensive Refresh Quality Inspection of CDD and EDD requirements for GBGM records that have recently completed refreshes, ensuring accuracy and timely test execution, and maintaining a culture of compliance with escalation and mitigation of compliance risks.

Responsibilities

• Conduct and coordinate a thorough Refresh Quality inspection of CDD and EDD requirements for GBGM records that have recently completed refreshes.
• Ensure associate performance and control effectiveness are compliant with AML regulations and policies.
• Execute QA activities including control execution, managing case assignment, and reporting results in a timely manner.
• Provide support on Regulatory Exams, Internal Audits, and other Monitoring & Inspection reviews.
• Capture relevant data and information to support governance activities for dashboard reporting.
• Assist in enhancing the success of the Quality Assurance program.
• Implement optimized controls and enhanced QA practices to support business continuity efforts.

What We Are Looking For

• Logical reasoning and analytical skills to assess escalations, identify areas for improvement, and drive effective solutions.
• Excellent verbal and written communication skills and organizational abilities.
• Ability to prioritise tasks effectively, work independently with minimal supervision, and take initiative.
• ACAMS or ICA certification is a plus.
• Proficiency in analysing large and complex datasets to develop and present executive-level reports.
• Experience with Risk Management, Quality Control, and Quality Assurance frameworks.
• Knowledge and experience with global AML concepts, AML/KYC requirements, and Economic Sanctions laws and regulations in a corporate environment.
• Background in Quality Control/Assurance testing, Process Risk Control (PRC), Risk Control Self-Assessment (RCSA), internal audit, risk management, process improvement, compliance, or front-line control functions.
• Exposure to Global Banking, Global Markets, or a diverse range of business lines and functions.
• Ability to conduct research, analyse data, and ensure accuracy with attention to detail.
• Ability to handle multiple requests and priorities, manage time effectively, and adapt to shifting deadlines and changing requirements.
• Advanced skills in Microsoft Office, including PowerPoint, Excel, and SharePoint (for managing large datasets and reports).

Skills

• Logical reasoning and analytical skills to assess escalations, identify areas for improvement, and drive effective solutions.
• Excellent verbal and written communication skills and organizational abilities.
• Ability to prioritise tasks effectively, work independently with minimal supervision, and take initiative.
• ACAMS or ICA certification is a plus.
• Proficiency in analysing large and complex datasets to develop and present executive-level reports.

Benefits

• 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 back-up childcare including virtual tutoring and 20 days of back-up 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.
• Arts & Culture corporate membership programme and discounted entry to UK and Ireland cultural institutions.
• Volunteer opportunities to give back to your community and develop new skills.

Work Context

Bank of America values are included in the original text, emphasizing conduct, equal opportunity, and accessible recruitment processes. This section includes the call to action about referrals and additional job postings and does not alter the core job content.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Contract
• Job function: Consulting
• Industries: Operations Consulting

Note: The original description contains postings for related roles and locations. This refined version preserves the core responsibilities and qualifications without adding new facts.