Data Science & Analytics AML Operations Analyst

Are you a highly analytical individual with a passion for utilizing data to drive business decisions? Do you have a strong understanding of Anti-Money Laundering regulations and operations? Bank of America is seeking a talented Data Science & Analytics AML Operations Analyst to join our team. In this role, you will have the opportunity to utilize your technical skills and knowledge of AML to identify potential risks and improve our compliance processes. We are looking for a detail-oriented and proactive individual who thrives in a fast-paced environment. If you are ready to make a difference in a leading financial institution, we encourage you to apply for this exciting opportunity.

1. Conduct data analysis to identify potential money laundering risks and patterns within Bank of America's operations.
2. Utilize advanced data science techniques and tools to analyze large datasets and identify trends and anomalies.
3. Collaborate with cross-functional teams to develop and implement data-driven solutions to improve AML compliance processes.
4. Stay up-to-date with the latest AML regulations and industry developments to ensure compliance with all applicable laws.
5. Develop and maintain dashboards and reports to track key performance indicators and present findings to senior management.
6. Conduct ad-hoc data analysis to support AML investigations and provide insights and recommendations.
7. Monitor and evaluate the effectiveness of existing AML processes and procedures and suggest improvements.
8. Work closely with AML investigators and other stakeholders to gather data and provide analytical support for investigations.
9. Identify and escalate potential AML risks to senior management and make recommendations for mitigating those risks.
10. Participate in AML training and education initiatives for employees to promote a culture of compliance.
11. Maintain a high level of accuracy and attention to detail in all data analysis and reporting.
12. Proactively identify opportunities for process improvement and automation to increase efficiency and effectiveness.
13. Collaborate with IT teams to ensure data integrity and accuracy in AML systems and databases.
14. Adhere to all Bank of America policies and procedures, including security and confidentiality requirements.
15. Take ownership of assigned projects and tasks and ensure timely completion while maintaining high-quality standards.

According to JobzMall, the average salary range for a Data Science & Analytics AML Operations Analyst in Charlotte, NC, USA is $68,000 - $100,000 with a median salary of $80,000. This may vary depending on factors such as experience, education, and specific job duties.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.