Global Financial Crimes Specialist – Quality Control in Belfast

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. We are committed to being a diverse and inclusive workplace and invest in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes in working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the role. Working at Bank of America provides opportunities to learn, grow and make an impact.

We’re opening a new office in Belfast—a vibrant, fast-growing hub for financial services and technology, and a strategic addition to Bank of America’s global footprint. This expansion underscores our commitment to investing in talent and driving innovation across the UK and Ireland. Our new offices at City Quays are in the heart of a city celebrated for its history, culture, and business community.

Bank of America is a leading financial institution with a global presence. Our Belfast facility will support business continuity planning and risk management capabilities, reinforcing the expertise and value delivered across our teams. We are committed to creating up to 1,000 new roles, starting with positions in Global Anti-Money Laundering Operations and Global Financial Crimes Compliance, focusing on client due diligence, quality assurance, and regulatory compliance support.

This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include:

• Perform quality control (QC) tests to ensure AML and Fraud investigations are completed in accordance with regulatory requirements and internal procedures.
• Review and scoring of simple to complex AML and fraud cases for GFC Non-US Investigations; evaluation of any errors/discrepancies and document findings in a timely matter.
• Support the development and maintenance of financial crimes owned policies and standards, and review relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed.
• Assist in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders.
• Assist in the monitoring of changes in regulations applicable to Global Financial Crimes, 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.
• Contribute to risk coverage plans, execute independent risk monitoring, testing, and risk assessments.
• Support with escalating financial crimes-related compliance and operational risks and issues to appropriate governance routines, management/board level committees.
• Identify and track any required remediation actions and ensure timely documentation.
• Maintain and update QC procedures to align with regulatory and internal standards.
• Respond to audit-related queries and provide necessary documentation.
• Prepare and deliver monthly QC reports in a timely manner with accurate findings and recommendations.
• Provide training and guidance to relevant stakeholders, including QC Associates, Investigators, QA teams, and MLROs, as needed.

Required Qualifications:

• Demonstrated business and functional experience in AML or fraud.
• Degree required: Bachelor’s or equivalent experience.
• Confident working within global policies, procedures and risk management guidelines.
• Strong organisational skills, time management, and attention to detail.

Desired Qualifications:

• AML experience reviewing cases in broker dealer, global financial crimes and/or terrorist financing.
• Excellent Microsoft Office skills including Excel, Powerpoint, Word and Access.

Benefits Of Working At Bank Of America:

• Private healthcare for you and your family.
• 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.
• Access to an emotional wellbeing helpline, and virtual GP services.
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood.
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm.
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

Code of Conduct and Equal Opportunity:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees understand the expected standards of conduct and how we manage conduct risk. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability.