Deputy Money Laundering Reporting Officer

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 usThe Deputy MLRO for Mexico, under supervision, is responsible for supporting the Money Laundering Reporting Officer (MLRO) in implementing both the global Financial Crimes Policy and any local requirements.The incumbent will advise business units and control function partners on financial crimes risks associated with clients, products and services, and help design and maintain appropriate controls to mitigate the risk.The incumbent will work on a dynamic team with opportunities to engage with partners locally, in region, and globally.Responsibilities :Identifying relevant regulatory change, updating the Country Standard, and notifying relevant stakeholders of the change and potential impact;Conducting financial crimes risk assessments when required by either GFC or local regulatory requirements;Identifying, building and executing appropriate monitoring and testing activities;Identifying and reporting any matter relating to the implementation or execution of the Company’s Financial Crimes Compliance Policy and Standards, as applicable, to the Financial Crimes AMRS Executive and Mexico Local Management Team;Advising business units on financial crimes risks and potential mitigating controls associated with clients, products, or services. Providing meaningful management of information, including the review and production of Key Risk Indicators and Key Performance Indicators;Executing governance and management routines;Supporting the completion and timely submission of any regulatory reporting required under the legal framework of the jurisdiction;Supporting, as applicable, any internal Corporate Audit or regulatory examination conducted in the jurisdiction for which the MLRO is responsible, in line with the Company’s Regulatory Exam Standards;Leading and overseeing the GFC training curriculum for Mexico;Analyzing, investigating and resolving any investigative case assigned to them, as defined by regional or local practices, and making any necessary regulatory reporting of suspicious activity.Required skills :At least seven (7) years of anti-money laundering / financial crimes experience in a similar or related role in a financial institution, legal or consultancy firm or with a regulatory or government authority;Strong understanding of Mexico's financial crimes laws, rules and regulations;Ability to influence with impact, engage across various levels of management, including very senior management and board levels and with regulators in Mexico;Excellent relationship management skills;Can make decisions in a rapidly changing environment;Ability to self-identify priorities, deliver to deadlines and handle challenging demands and partners;Great teammate, willing to interact and discuss issues in a team environment, and take pride in your work;Able to deliver a flexible and solutions driven perspective, to solve problems and to seek answers to complex issues;The ability to synthesize laws, rules and regulations into practice.Skills :Critical ThinkingMonitoring, Surveillance, and TestingRegulatory ComplianceRisk ManagementCoachingIssue ManagementPolicies, Procedures, and Guidelines ManagementStrategy Planning and DevelopmentWritten CommunicationsExternal Resource Management Reporting Talent DevelopmentWhat Bank of America OffersBank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance.By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for ou #J-18808-Ljbffr