Operations Analyst - Sanctions Screening Center of Excellence - 3rd Shift

Bank of America

3.2

(114)

Multiple Locations

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-25000282

    Position summary

    arious issues identified within a business unit. Key responsibilities include supporting defined procedures, routine analytics, and creating reports and completing exception processing.

    Line of Business Job Description:

    Investigate Office of Foreign Assets Control (OFAC) alerts for both domestic and international consumer, commercial and wholesale bank businesses or services functions. Responsibilities may include: basic level reporting, reviewing and processing OFAC transactions to meet compliance requirements, and performing other support operations functions as required. Ensures quality service and effective and efficient operations support for the assigned area's internal business partners and/or external customers/clients. Intermediate level position performs routine and various item processing functions under moderate supervision within a process that has built-in checks and balances.

    About Sanctions Screening Center of Excellence: The Center of Excellence for economic sanctions monitoring is part of Global Payment Operations (GPO). GPO is the central hub for Bank of America in playing a monumental and mission critical role in establishing, servicing, supporting and monitoring two of the most widely used electronic payment processing vehicles - Wire and ACH - in the financial services arena worldwide. GPO is also accountable for the SSCoE (Sanctions Screening Center of Excellence) that reviews all of Bank of America's customers and transactions to ensure compliance with Bank of America's Economic Sanctions Program. SSCoE serves BAML's eight lines of business, delivering global, regional and local capabilities through secure, fast and reliable technology, and people with the knowledge and experience to deliver timely and accurate review of all sanctions alerts across all products of Bank of America. Team also has the responsibility to provide support to client facing teams and clients where needed to educate on compliance program, drive better quality of data defining the customer and their day-to-day banking transactions.

    Responsibilities:

    • Assists with coordination of implementation for products, services, and operational solutions

    • Supports the design, documentation, implementation, and monitoring of new products and services

    • Provides guidance regarding procedural, technical, and operational changes

    • Expands business products knowledge within operations environment

    • Builds network by developing relationships with partners and teammates

    • Inspects data to identify issues and trends

    • Collects and interprets data to validate operational processes

    Available schedule
    US Morning (4am-1pm) shift split between Sun/Mon/Tues start
    Available schedules: Sun-Thur, Tue-Sat, Mon-Fri

    Required Qualifications:

    • Analytical and detail oriented

    • Strong oral and written communications skills

    • PC proficiency and excellent keyboarding/typing skills

    • Ability to work independently, as well as, within a team

    • Overtime as required

    Desired Qualifications:

    • Previous Economic Sanctions, AML, Wire Transaction and/or previous Compliance experience highly desired.

    • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.

    • Excels in working among diverse viewpoints to determine the best path forward.

    • Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner

    • Commitment to challenging the status quo and promoting positive change.

    • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.

    • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.

    • College degree or equivalent work experience desired

    Skills:

    • Attention to Detail

    • Customer and Client Focus

    • Monitoring, Surveillance, and Testing

    • Process Performance Management

    • Research

    • Adaptability

    • Business Analytics

    • Critical Thinking

    • Reporting

    • Written Communications

    • Data Management

    • Policies, Procedures, and Guidelines Management

    • Process Design

    • Process Effectiveness

    • Strategic Thinking

    Shift:
    3rd shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.