Vice President, Global Financial Crimes Specialist (Sanctions)

Join to apply for the Vice President, Global Financial Crimes Specialist (Sanctions) role at Bank of America 1 week ago Be among the first 25 applicants Join to apply for the Vice President, Global Financial Crimes Specialist (Sanctions) role at Bank of America Job Description: 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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Responsibilities: Execute substantive economic sanctions compliance and operational risk practices, assisting Global Economic Sanctions (GES) executives. Establish and maintain relationships with key stakeholders within Front Line Units (FLUs), Control Functions (CFs), GFC risk executives, and internal audit, using effective influence skills. Engage in external regulatory interactions. Develop and maintain policies and standards related to financial crimes, ensuring regulatory compliance and risk mitigation. Produce and oversee sanctions-related risk management reports for senior leadership. Monitor regulatory changes, advise business units, and implement necessary policy updates. Participate in industry forums, monitor legislation, and identify emerging sanctions risks. Escalate compliance issues to appropriate governance bodies. Identify, report, and challenge issues related to sanctions compliance and controls. Review operational loss events and develop remediation plans. Draft and maintain sanctions-related Risk Assessments aligned with enterprise policies. Support regulatory exams and responses, including disclosures, subpoenas, and license requests. Required Skills: Bachelor’s degree or equivalent with at least five years of experience in financial institutions, legal, consultancy, or regulatory roles. Experience in sanctions within financial institutions or government agencies is strongly preferred. Critical thinking, regulatory compliance, risk management, coaching, issue management, policy management, strategic planning, communication skills, resource management, reporting, and talent development. Additional Details: Senior Level: Mid-Senior Employment Type: Full-time Job Function: Finance and Sales Industry: Banking J-18808-Ljbffr

Location: Singapore, SG

Posted Date: 5/1/2025