Global Banking & Markets Anti-Money Laundering Analyst

Are you passionate about combating financial crimes and ensuring regulatory compliance in the banking industry? Do you thrive in a fast-paced and dynamic work environment? If so, Bank of America's Global Banking & Markets Anti-Money Laundering (AML) team has a challenging and rewarding opportunity for you. As an AML Analyst, you will play a pivotal role in protecting the integrity of our financial system and mitigating risks for our organization. We are seeking individuals with a strong understanding of AML regulations and the ability to analyze complex data sets to identify potential money laundering activities. If you possess these qualifications and are committed to making a positive impact, we encourage you to apply for this vital role in our team.

1. Conduct thorough investigations of potential money laundering activities within the bank's systems and transactions.
2. Analyze complex data sets to identify patterns and anomalies that may indicate suspicious activity.
3. Stay up-to-date on AML regulations and ensure the bank's compliance with them.
4. Collaborate with internal and external stakeholders such as law enforcement agencies and regulatory bodies.
5. Document and report findings to management and relevant authorities.
6. Develop and implement strategies to prevent and detect financial crimes.
7. Conduct risk assessments and implement appropriate controls and procedures.
8. Monitor and review customer accounts and transactions for potential suspicious activity.
9. Train and educate employees on AML regulations and best practices.
10. Participate in industry forums and stay informed about emerging trends and threats in financial crimes.
11. Maintain accurate and organized records of all investigations and actions taken.
12. Continuously evaluate and improve AML processes and procedures.
13. Communicate effectively with team members and other departments to ensure a cohesive approach to AML compliance.
14. Adhere to ethical standards and maintain confidentiality of sensitive information.
15. Demonstrate a strong commitment to protecting the integrity of the financial system and mitigating risks for the bank.

According to JobzMall, the average salary range for a Global Banking & Markets Anti-Money Laundering Analyst in Mumbai, Maharashtra, India is between ₹ 6,00,000 - ₹ 10,00,000 per year. However, this can vary depending on factors such as the specific company, the candidate's experience and qualifications, and the current job market conditions.

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.