Bank of America · 2 days ago
Global Financial Crimes Manager - Red Flags Management
Washington, DC
Full-time
Onsite
Senior Level
7+ years expBank of America is committed to making financial lives better through the power of connections. The Global Financial Crimes Manager - Red Flags Management is responsible for overseeing AML red flags and ensuring compliance with financial crime regulations to support risk management and regulatory readiness.
Asset ManagementBankingFinanceFinancial ServicesFinTech
Responsibilities
Manage the intake, evaluation, and classification of AML red flags, ensuring coverage of customer, product, geographic, and transactional risk dimensions
Interpret and translate regulatory guidance, advisories, enforcement actions, and industry best practices (e.g., FinCEN, FATF, OFAC, OCC, DOJ) into actionable requirements
Maintain and continuously update the enterprise red flag inventory, ensuring it reflects emerging risks and aligns with regulatory expectations
Provide expert interpretation and advisory support to investigators, operations teams, and risk managers regarding the application of red flags in day-to-day monitoring and decision-making
Collaborate with policy, standards, and model development teams to embed red flags into surveillance, transaction monitoring, due diligence, and risk assessments
Develop clear, practical guidance and materials for use across the three lines of defense, including training content and awareness sessions
Prepare analysis and documentation to support regulatory examinations, audits, and internal reviews focused on red flag governance and effectiveness
Proactively identify and assess emerging trends, typologies, and financial crime risks to recommend adjustments to program coverage
Qualification
Required
Minimum of seven years of relevant experience - BSA/AML or financial crimes experience within a large financial institution or regulatory agency
Bachelor's degree
In-depth knowledge of U.S. and international AML regulations, including FinCEN advisories, FFIEC Manual, FATF recommendations, and enforcement trends
Demonstrated expertise in identifying, interpreting, and applying AML red flags across financial products, services, and channels
Strong research and analytical skills with ability to synthesize complex regulatory expectations into practical, risk-based guidance
Excellent written and verbal communication skills, capable of drafting clear policies, procedures, and presentations for senior audiences
Ability to manage multiple priorities with accuracy, detail, and timeliness in a fast-paced environment
Knowledge of anti-money laundering (AML) and related AML legislation
Preferred
Familiarity with AML detection models, scenario development, and investigative workflows
Experience engaging with regulators or audit teams on AML risk coverage and red flag frameworks
Working knowledge of sanctions, fraud, and other financial crime typologies beyond AML
Experience in financial services and/or a related government entity
Advanced degree or professional certification (e.g., CAMS, CFCS, CRCM) strongly preferred
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
2026-01-13
Company data provided by crunchbase