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Job Description:This job is responsible for the day-to-day resolution of complex problems and the research and execution of complex transactions for a single site/business unit or smaller business unit(s). Key responsibilities include strategically advising upon the design, development, and implementation of products, systems, and services using discretion within the project management methodologies.Line of Business Specific Description: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.Responsibilitiesinclude:Perform sanctions reviews on a variety of different Transactions and/or RelationshipsEnsure compliance with regulators such as OFAC (Office of Foreign Assets Control)Monitor queue volumes and prioritiesCommunicate with different Lines of Business to retrieve information or advise of adverse decisionsRequired Qualifications:2+ year experience in Operations or Compliance; Economic Sanctions experience highly desiredExperience & Knowledge of economic sanctions program requirements and disposition of sanctions alerts or extensive background with WTX and/or ACH experienceExperience in client due diligence and KYCHighly organized individual - Demonstrates a bias for action and a commitment to achieving sustainable results. Makes timely and fact based decisionsAnalytical and detail oriented.Ability to work under pressure, meet deadlines and navigate changeAbility to work independently, as well as, within a team.Strong risk framework and approach.Ability to prioritize, use own initiative and be flexibleGood oral and written communications skills.PC proficiency and excellent Keyboarding/Typing skills.Overtime as requiredDesired Qualifications:Experience in Global Banking & Markets business processKnowledge of Excel, Word, OutlookTeam player attitude, enthusiasm and commitmentMonitor work flow and team progress, provide feedback to manager/teamMonitor escalations received from Lines of business and response in timely mannerCoordinate with other sites/regions to ensure daily SSCOE goals are metProvide training to new hires and up skill training to existing associatesEnsure existing training is updated appropriate to adjust for changes in environment over timeMinimum Education Requirement: Bachelor’s degree or equivalent work experienceSkills:Customer and Client FocusProblem SolvingRisk ManagementAdaptabilityAttention to DetailCollaborationCritical ThinkingIssue ManagementAnalytical ThinkingDecision MakingOral CommunicationsPresentation SkillsShift:1st shift (United States of America)Hours Per Week:40
