Responsibilities:

• You will manage and interpret sanctions requirements for Financial Crimes Global Standard
• Assess and interpret impact of United States, United Nations, Europe Union, United Kingdom sanctions and anti-boycott regulatory change
• Open and/or oversee sanctions-related audit issues - Provide overview of all sanctions-related issues and perform thematic reviews
• Assess regional operational and risk metrics for input into management level reporting
• Investigate, disclose and respond as necessary to potential violations of sanctions
• Assist Money Laundering Reporting Officers with local regulatory inquiries requiring SME sanctions input.
• Contribute to sanctions risk assessments
• Consult with FLU risk managers to develop sanctions specific content in periodic risk assessments
• Monitor sanctions penalty assessments for potential vulnerability
• Benchmark with peer banks on key industry trends

What we are looking for:

• Demonstrable sanctions related experience especially pertaining to UK and/or EU sanctions.
• Knowledge of financial products (for example - lending, financing, payments, securities trading, and derivative products)
• Experience working at an Investment Bank/Corporate Banking

Skills that will help:

• Global Risk Management experience

Benefits of working at Bank of America (UK):

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.
• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
• Competitive pension plan, life assurance, and group income protection cover if you become unable to work because of a disability or health reasons.
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a well-being account, travel insurance, critical illness, cycle to work etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause, and pregnancy & parenthood.
• Access to a range of gyms, exercise classes, and wellbeing Apps through Wellhub, including Headspace and Calm
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

Bank of America:

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 mind-set 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 sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.