Bank of America · 1 day ago
Financial Crimes Manager - Crypto / Digital Assets
Jacksonville, GA
Full-time
Onsite
Senior Level
7+ years expBank of America is committed to helping make financial lives better through every connection. The Financial Crimes Manager will execute money laundering, economic sanctions, and fraud compliance practices for Crypto Currency and Digital Assets within the Global Payment Solutions business.
Asset ManagementBankingFinanceFinancial ServicesFinTech
Responsibilities
Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
Produces and/or oversees independent financial crimes risk management reporting to Global Financial Crimes senior leadership
Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks
Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
Reviews and challenges internal and external operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately
Leads discussions with FLU, GCOR and GFC partners to analyze business processes, internal controls, client behavior and transaction trends
Recommends changes to financial crimes standards, and review relevant Front Line Units/Control Functions-owned procedures (or like documents) to identify potential issues in meeting regulatory requirements and operational risks for resolution
Contribute to the creation and implementation of GFC Coverage Plan which defines the scope of coverage for GB/GM
Produces and/or oversees financial crimes risk management reporting to senior leaders within the business and global risk environment
Establish, monitor and report on GFC and FLU metrics that are reflective of key risks within the areas of coverage
Monitor regulatory changes applicable to Global Financial Crimes
Engage with relevant GFC partners to drive thematic reviews of key risk areas and develop/enhance GFC automated detection tools designed to identify potentially suspicious activity as per regulatory guidance
Advise FLU senior leaders on key regulatory developments in BSA/AML laws, rules and regulations
Design monitoring and testing routines and reporting to identify potential AML risks and/or control weaknesses
Evaluates the risk of assigned financial-crimes related issues, monitors progress and provides no objection to action plans and closure activities
Conduct targeted risk assessments, threat assessments and process understandings to identify new or emerging financial crimes risks
Advise Key leaders in client selection processes to guide FLUs on potential financial crimes impacts
Perform review and challenge of SPI and ensure FLU executes on challenges and/or issues raised
Engage directly with Audit to provide advice and guidance on FLU Audits and respond to Audit requests and inquiries
Participate in Regulatory Meetings and Exams to provide Risk Manager perspective on critical issues
Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks
Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
Qualification
Required
Minimum of 7 years of relevant experience in financial services industry, risk management, AML compliance, regulatory compliance, operational risk management, business risk & controls, or experience in related field
Knowledge of anti-money laundering (AML) and related AML legislation
Bachelor's Degree or equivalent experience
Preferred
Bachelor's Degree in related field
Expert knowledge of the Crypto/Digital Asset space
Experience in financial services and/or a related government entity
Certified Anti-Money Laundering Specialist (CAMS)
Experience and strong ability to work in a fast-paced, high-pressure environment and manage multiple priorities effectively
Strong leadership and decision-making capabilities
Ability to influence and drive change across the organization
Company
Bank of America
Bank of America is a financial institution that offers credit cards, home loans, and auto loan services.
10001+ employees
H1B Sponsorship
Bank of America has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (780)
2024 (546)
2023 (590)
2022 (759)
2021 (715)
2020 (931)
Funding
Current Stage
Public CompanyTotal Funding
$3.59BKey Investors
Berkshire Hathaway
2025-02-20Post Ipo Debt· $386.79M
2024-11-26Post Ipo Debt· $2B
2020-07-28Post Ipo Equity· $400M
Leadership Team
Charissa Messer
Senior Vice President, Creative Agency Executive (Enterprise Creative Solutions)
Rami Salem
SVP Strategic Competitive Intelligence
Recent News
2026-01-05
Company data provided by crunchbase