Officer, Specialist Securities (KYC/AML Analyst) recruitment

Overview

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Responsibilities

• Conduct KYC/AML for US, UK, and Asia Region
• Client types include financial institutions, funds, banks, non-financial companies, individuals, and personal holding companies
• Advise and review required AML/KYC documents
• Perform KYC Checks on client and key stakeholders (Factiva, Lexis, Worldcheck, for instance)
• Set up prospects and relationship accounts
• Peform corporate actions on clients
• Communicate with Sales/Client Service Team, Compliance, Support, and Senior Management
• Participate in UAT and efforts to develop robust system
• Handle reporting or remediation
• Partner with global counterparts

Requirements

• 2-5 yrs experience in similar role
• Control focused mindset and good understand of regulatory and reputational risks
• Knowledge of FSMA/USPA requirements
• Ability to structure and execute projects
• Strong communication skills
• Diplomatic approach and negotiation skills
• Ability to perform under pressure
• Intermediate to advance Excel/PPT skills
• Knowledge of KYC/AML regulation in Asian countries
• Fluency in Asian language (Chinese, Korean, Japanese)