LATAM Anti-Money Laundering Operations

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Full Time Employee to support the AML Operations Brazil team. The team covers AML Onboarding and Refresh of Non-Resident Investors and Brazilian Funds clients, AML Non-Financial Regulatory Reporting's, and data maintenance. In addition to AML Onboarding as its core activities. Main responsibility involves completing AML/CDD checks in line with country standards and CIP/CDD procedures.

• Support the Non-Financial Regulatory Reports managed by AML Operations.
• Support the Client Fraud Screening process, in connection with local Global Financial Crimes teams.
• Liaise with internal departments to support KYC issues - Involvement in ad hoc projects for new processes or industry initiatives
• Participate in remediations, internal/external Audits Requirements
• Control focused mindset and good understanding of regulatory and reputational risks
• Perform document gap analysis by reviewing available documentation and evaluating information available publicly.
• Liaise with Front Line Units and/or search on authorized sources to obtain and validate correct information and documentation
• Process AML/CDD by performing refresh requests in KYC Core system and performing enhanced due diligence as required.

• Strong communications skills
• Ability to work under pressure in a team environment
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds
• Knowledge of AML regulations
• Advanced English Language
• Good Microsoft Excel and PowerPoints Skills
• ICA/ACAMS (Desired)

• Confirms loan documentation for accurate trade settlements
• Partners with Sales Associates, Traders, Research Analysts, trading counterparties, internal and external attorneys, administrative agent banks, and various other internal operations groups
• Manages post-trade management and logistics, settlement pricing, and closing coordination
• Analyzes and resolves highly complex operational problems
• Supports ad-hoc projects for new processes or industry initiatives
• Processes loans end-to-end with accurate data input into various credit and operating systems

• Attention to Detail
• Critical Thinking
• Data Collection and Entry
• Recording/Organizing Information
• Research
• Fraud Management
• Interpret Relevant Laws, Rules, and Regulations
• Problem Solving
• Quality Assurance
• Risk Management
• Adaptability
• Customer and Client Focus
• Prioritization
• Result Orientation
• Written Communications