Senior Audit Manager - AML Data Quality

At Bank of America, we are dedicated to maintaining the highest standards of data quality in our Anti-Money Laundering (AML) processes. As a Senior Audit Manager for AML Data Quality, you will play a critical role in ensuring that our systems and procedures effectively identify and mitigate potential money laundering risks. We are seeking a highly experienced and detail-oriented individual who is passionate about upholding regulatory compliance and mitigating financial crime. Join our team and make a difference in protecting our customers and the integrity of our financial system.

1. Develop and implement strategies to maintain the highest standards of data quality in Bank of America's AML processes.
2. Oversee and manage the AML data quality audit program, including planning, execution, and reporting.
3. Collaborate with cross-functional teams to identify potential areas of improvement and implement solutions to enhance data quality.
4. Ensure compliance with regulatory requirements and industry best practices related to AML data quality.
5. Conduct thorough and comprehensive reviews of AML data to identify any potential money laundering risks.
6. Analyze and interpret data to identify trends and patterns that may indicate suspicious activity.
7. Review and evaluate AML systems and procedures to ensure they are effectively identifying and mitigating money laundering risks.
8. Develop and maintain strong relationships with internal and external stakeholders, including regulatory agencies and law enforcement.
9. Provide guidance and support to other team members on data quality-related matters.
10. Keep up-to-date with industry developments and changes in AML regulations to continuously improve the AML data quality program.
11. Prepare and present reports to senior management and other relevant stakeholders on AML data quality initiatives and findings.
12. Investigate and resolve any issues or discrepancies identified during audits or reviews.
13. Identify and implement process improvements to enhance efficiency and effectiveness of AML data quality procedures.
14. Train and educate employees on AML data quality policies, procedures, and best practices.
15. Act as a subject matter expert and resource for AML data quality related inquiries and issues.

According to JobzMall, the average salary range for a Senior Audit Manager - AML Data Quality in Atlanta, GA, USA is $130,000-$170,000 per year. This may vary depending on the specific company, level of experience, and other factors.

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.