Bank of China USA · 11 hours ago
Legal & Compliance Department - L2 Financial Intelligence Unit Associate / AVP
US-NY-New York
Full-time
Onsite
Mid Level
$42K/yr - $150K/yr
4+ years expBank of China USA is one of the largest banks in the world, providing stable and reliable financial services. The Level 2 Investigations Team Associate / AVP is responsible for identifying, investigating, and reporting suspicious activities while ensuring compliance with regulations.
Banking
Responsibilities
Responsible for initial case reviews/investigations and/or continuing SARs follow-up review process
Review alerts escalated by the FLU and other internal/external sources to determine if the activity escalated is suspicious based on analysis of a large scope of transactional data and due diligence
Manage direct customer investigations. Investigation work includes but is not limited to performing & evaluating investigations in Case Management Tool (CMT), performing due diligence, Front Line Unit (FLU-BSA) reach out, writing SAR or Decision Not to File
Responds and remediates L3 SAR Team Feedback for case investigation submitted by themselves or other team members, as required
Performs customer and non-customer ad-hoc investigations when required
Provide feedback/coaching on the accuracy, methodology, and overall quality to the L1 based on escalated alerts reviewed
Manages Fircosoft Filter System wire release investigations for the Bank on behalf of FIU
Provide updates and awareness to L2 Case Investigations Team Lead regarding timeliness of investigations being conducted, as applicable
Responsible for Request-for-Information (RFI) due diligence
Prepare inquiry form and data to request additional information from other department unit/branch of the Bank, other BOC affiliates or from an external party (e.g. correspondent banks)
Back up and assist in overseeing duties such as but not limited to IAD/CMTG/OCC Responses, Training, Reporting, Interviewing, and other management functions in a junior role
Maintains a log of customer investigations and results and Reports customers who had SAR filings to KYC Team on a monthly basis and on ad hoc basis as required
Maintains a log of Firco wire release investigations and reports monthly, and on an ad hoc as required
Participates in Filter Management, where required
Project work which may include assisting with system testing, communication of apparent anomalies and in conducting special investigations and responding to management queries
Qualification
Required
Bachelor's degree required
Minimum 4 years of experience in compliance, legal, and financial industries or related, experience in suspicious transaction/activity monitoring, investigation
Knowledge of U.S. Banking regulations and compliance practice, compliance risk management, with strong emphasis on BSA, AML and OFAC
Advanced PC skills, including Excel, Word and PowerPoint required
Preferred
Advanced degree preferred but not required
CAMS preferred
Fluency in Chinese or Mandarin is a plus but not required
Company
Bank of China USA
Bank of China (BOC) is one of the largest banks in the world, with more than $3 trillion in assets and a footprint that spans over 60 countries and regions.
501-1000 employees
H1B Sponsorship
Bank of China USA 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 (57)
2024 (46)
2023 (52)
2022 (67)
2021 (36)
2020 (69)
Funding
Current Stage
Late StageLeadership Team
Peter J Reisman
Managing Director, Chief Communications Officer
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