Assistant Vice President, Global Financial Crimes Investigator
Bank of America · Mumbai Metropolitan Region
- On site
- Full-time
- $150,000 / year
- Mumbai Metropolitan Region
Job highlights
- Investigate external financial crimes, fraud, and money laundering.
- Prepare and submit Suspicious Activity Reports (SARs).
- Liaise with law enforcement and report to senior stakeholders.
- Support investigations with quality control and guidance.
- Requires five years of relevant financial crimes experience.
About the role
About Bank of America
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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description
This job is responsible for performing end-to-end investigations or investigations support functions of external financial crimes activities across one or more lines of business. Key responsibilities include conducting routine to complex investigations, including fraud committed by external parties, money laundering, or terrorist financing and acting as the liaison to Law Enforcement as required.Responsibilities
- Completes investigations while overseeing cases meet or exceed closure and quality metrics.
- Completes Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement.
- Reports facts of the investigation to senior stakeholders, assisting in identifying potential operational or compliance risks and partners with Global Financial Crimes (GFC) Management and/or Front Line Units (FLU) to resolve investigations.
- Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role.
Required Qualifications
- Minimum of five years of relevant experience.
Desired Qualifications
- Bachelor's Degree in related field.
- Experience in financial services and/or a related government entity.
- Certified Anti-Money Laundering Specialist (CAMS).
Skills
- Critical Thinking
- Fraud Management
- Regulatory Compliance
- Written Communications
- Investigation Management
- Policies, Procedures, and Guidelines Management
- Reporting
- Risk Management
- Coaching
- Issue Management
- Talent Development
Key Skills/Competency
- Financial Crimes Investigation
- Fraud Detection
- Regulatory Compliance
- Suspicious Activity Reporting (SAR)
- Risk Management
- Investigation Management
- Written Communication
- Critical Thinking
- AML/CFT
- Law Enforcement Liaison
Skills & topics
- Assistant Vice President
- Global Financial Crimes Investigator
- Financial Crimes
- Fraud Investigation
- Money Laundering
- Terrorist Financing
- Regulatory Compliance
- Suspicious Activity Reports
- Risk Management
- Investigation Management
- AML
- Bank of America
- Financial Services
How to get hired
- Tailor your resume: Highlight your 5+ years of financial crimes investigation experience, CAMS certification, and specific skills like fraud management and regulatory compliance.
- Emphasize experience: Showcase your ability to conduct complex investigations and manage reporting to regulators and law enforcement.
- Demonstrate key skills: Provide examples of your critical thinking, written communication, and risk management capabilities in your application.
- Understand the culture: Research Bank of America's commitment to Responsible Growth and inclusive workplace values to align your application and interview responses.
Technical preparation
Familiarize with SAR filing requirements.,Study common fraud and money laundering typologies.,Review relevant financial regulations.,Practice analytical and investigative techniques.
Behavioral questions
Describe a complex investigation you managed.,How do you handle conflicting stakeholder demands?,Provide an example of identifying compliance risk.,How do you ensure accuracy in reporting?
Frequently asked questions
- What is the required experience for the Assistant Vice President, Global Financial Crimes Investigator role at Bank of America?
- The Assistant Vice President, Global Financial Crimes Investigator role at Bank of America requires a minimum of five years of relevant experience in financial crimes investigation.
- What are the key responsibilities of a Global Financial Crimes Investigator at Bank of America?
- Key responsibilities include conducting end-to-end investigations of external financial crimes (fraud, money laundering, terrorist financing), preparing Suspicious Activity Reports (SARs), reporting to senior stakeholders, and potentially acting as a liaison with law enforcement.
- Is a Bachelor's Degree required for the Assistant Vice President, Global Financial Crimes Investigator position?
- While a Bachelor's Degree in a related field is listed as a desired qualification, the primary requirement is a minimum of five years of relevant experience. A degree can strengthen your application, especially if combined with other desired qualifications like CAMS.
- What are the desired qualifications for this role at Bank of America?
- Desired qualifications include a Bachelor's Degree in a related field, experience in financial services or a related government entity, and a Certified Anti-Money Laundering Specialist (CAMS) certification.
- How does Bank of America approach work arrangements for roles like the Assistant Vice President, Global Financial Crimes Investigator?
- Bank of America is committed to an in-office culture with specific requirements for office-based attendance, while allowing for flexibility based on role-specific considerations. This Assistant Vice President role likely adheres to these in-office expectations.
- What specific skills are important for a Financial Crimes Investigator at Bank of America?
- Important skills include Critical Thinking, Fraud Management, Regulatory Compliance, Written Communications, Investigation Management, Policies and Procedures Management, Reporting, and Risk Management.
- How can I best prepare my resume for the Assistant Vice President, Global Financial Crimes Investigator role?
- Your resume should clearly highlight your five years of relevant experience, any financial services or government entity background, and certifications like CAMS. Quantify achievements in investigations and reporting where possible.