Team Member -Regulated

Job Description:

About Us

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.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

 Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Requirements

Education               : Graduate and Preferable MBA

Certifications         : Preferably ACAMS Certification

Experience Range : 0-2 Years of relevant experience in AML/KYC/CDD or related function.

Foundational skills:

• Understanding of Global Markets; Capital Markets
• Understanding of AML Regulations & Requirements
• Understanding of basic AML & Due Diligence terminologies – OFAC; SPF/PEP, Negative News, FATF etc.

Desired skills

• Knowledge of AML/CTF and Sanctions is essential. Must be working in a similar role within the Banking and Capital Markets Industry
• Knowledge of various corporate structures e.g. Funds, Trusts, Partnerships, SPV’s, Complex Structures, SPF/PEP, Negative News, etc.
• Familiarity with Global Banking and market products and knowledgeable of regulatory environment, risk framework, policies & standards.

Work Timings: Candidates need to be flexible for shift per business requirement.

Location: Hyderabad

Experience Level

Mid Level