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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
The Global AML Operations (GAO) organization is a central control function which governs, facilitates, and oversees the end-to-end AML program across all GB, GM businesses and jurisdictions globally and manage AML risks by implementing and executing processes and controls to effectively manage AML and economic sanctions risks. Life Cycle Management Group is part of AML Operations. The Life Cycle Management Group supports Global Banking (GB), Global Markets (GM), and Consumer Businesses detecting high risk within business through ongoing monitoring and due diligence. This is managed through 4 Centers of Excellence (COEs) - AML Screening, Client Activity Monitoring, Enhanced Client Due Diligence (ECDD) and Economic Sanctions.
JOB DESCRIPTION:
This role is responsible for the end-to-end management of Enhanced Client Due Diligence (ECDD) activities and the ongoing risk management of high-risk clients. The position supports the identification, assessment, and mitigation of financial crime, regulatory, and reputational risks through comprehensive client reviews, investigative research, and risk-based analysis.
The successful candidate will evaluate client risk profiles, identify emerging risk indicators, conduct detailed investigations, and escalate material concerns to appropriate risk and business partners. As a critical control function, this role helps ensure compliance with Anti-Money Laundering (AML), Know Your Customer (KYC), and other regulatory requirements.
Operating within the Enterprise Client Activity Monitoring (CAM) team, this position supports all Lines of Business (LOBs) by executing key control functions designed to identify potentially suspicious activity across the firm's high-risk client portfolio. The role works closely with Global Banking and Global Markets partners to perform risk-based reviews, analyze client activity, assess LOB feedback, and ensure identified risks are appropriately addressed through established governance and escalation processes..
RESPONSIBILITIES:
Perform periodic reviews of high-risk client populations subject to compensatory control requirements.
Analyze client risk attributes, ownership structures, business activities, and risk classifications.
Review and validate information related to: Dynamic Risk Ratings (DRR)
Beneficial Ownership (BO)
Politically Exposed Persons (PEP)
Specially Designated Persons (SPF)
Material Negative News (MNN)
Enhanced Due Diligence (EDD) indicators
Client Activity Monitoring…