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.

Qualifications/Desired Skills:

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)

Responsibilities:

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

Skills:

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