CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Head of Global Financial Crime Compliance and Money Laundering Reporting
Bank of America Merrill Lynch
May 11, 2018
Job Description: Corporate Title: Managing Director Location: Dublin LineofBusiness: Global Financial Crimes Compliance (GFCC)
Are you a dedicated compliance professional? Want to join a dynamic, high-energy working environment? An exciting opportunity as Head of Global Financial Crime Compliance and Money Laundering Reporting for BAMLI DAC is available for a talented individual in our Dublin office.
You will take care of the development and maintenance of the Country/Entity Standard for the jurisdiction for which the MLRO is responsible, in accordance with the requirements of Company's Global Financial Crimes Compliance Policy, to include the maintenance of the inventory of laws, rules and mentorship which form the jurisdiction's legal framework relating to financial crimes compliance.
Our team is part of Global Compliance, which is an independent, centralised governance and control function with responsibility for dedicatedly leading compliance risk, including establishing compliance program standards and policies and executing compliance testing and monitoring. The mission of Global Compliance is to drive a Culture of Compliance® with laws and regulations in pursuit of the highest ethical standards for our customers, employees and shareholders.
As Head of GFCC & MLR what will your main responsibilities involve?
Conducting financial crimes risk assessment when required by either GFCC or local regulatory requirements
Identifying, building and executing appropriate monitoring and testing activities
The appropriate identification and raising of any matter relating to the implementation or execution of the Company's Financial Crimes Compliance Policy and Standards, as applicable, to the Financial Crimes International Executive
The provision of meaningful management information, including review and production of Key Risk Indicators and Key Performance Indicators
Leading the completion and timely submission of any regulatory reporting required under the legal framework of the jurisdiction
Lead or handle, as applicable, any regulatory examination conducted by a regulator in the jurisdiction for which the MLRO is responsible, in line with our Regulatory Exam Standards
In coordination with the Financial Crimes International Executive, lead the training efforts undertaken, including its appropriate registration
Specific Accountabilities relating to Investigations. MLROs are accountable for analysing, investigating and resolving any investigative case assigned to them by the GFCC Financial Intelligence Unit (FIU), as defined by regional or local practices
As Head of GFCC & MLR what skills and qualifications will you ideally possess? Qualifications:
Educated to degree level or having equivalent experience
Legal, Compliance or Regulatory qualifications are helpful
Excellent written and verbal communication skills and solid influencing capability across all levels of management and with regulators
Excellent relationship management skills
You can make decisions in a rapidly changing environment
Project management skills
Ability to self-identify priorities, deliver to deadline and handle challenging demands and partners
Great teammate, willing to interact and discuss issues in a team environment, and take pride in your work
Genuine interest in the securities markets and banking world, regulation and changing legislation
Experience in dealing with regulators
Sound risk management skills and an ability to apply discernment, take decisions when required and to raise when necessary
A flexible and solution driven perspective, able to solve problems and a determination to seek answers to complex issues
The ability to synthesise laws, rules and regulations into practice
Private healthcare coverage
Pension plan - 6% of base salary (we match employees contributions up to a maximum of 12%, or 15% after 15 years' service)
Vacation 25 days (ability to flex down or up with manager approval)
Group income protection
Personal accident insurance
As a valued member of our team you will also be eligible for a number of optional benefits including cycle to work scheme, dental cover, retail vouchers and reduced costs on selected leisure and entertainment.
About Bank of America Merrill Lynch
Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services. Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses. The company has had a presence in EMEA since 1922. With offices in 23 countries on three continents, it offers an integrated and comprehensive set of products and services across Global Corporate and Investment Banking, Global Markets and Consumer Card, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise. Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch's responsibility platform. In more than 90 countries around the world, we partner with employees, clients and stakeholders to help make financial lives better.
If you're interested in this opportunity please send your details to us by applying online. Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well. We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment