Bank of America
GCIB / GM KYC Support VP
Bank of America, Fort Worth, Texas, United States, 76102
2 weeks ago
Be among the first 25 applicantsJob Description:
Candidate will be a part of the Know Your Client (KYC) Outreach Support teams within the Global Corporate and Investment Bank (GCIB) and Global Markets lines of business.Job Description:
Candidate will be a part of the Know Your Client (KYC) Outreach Support teams within the Global Corporate and Investment Bank (GCIB) and Global Markets lines of business.
The Function
The Client Outreach team are the front line unit who work with clients as part of meeting Know Your Client (KYC) periodic refresh and remediation requirements. We work in close collaboration with Global Corporate and Investment Bankers and Global Markets Sales to support the Bank’s global regulatory and policy requirements as it relates Client Due Diligence (CDD) documentation collection, with support from Operations and Global Financial Crimes Risk teams.
The team identifies and develops client connections, engages client representatives to obtain KYC documentation, and acts as a coordination point for resolving issues/challenges with respect to client and country specific documentation requirements in a timely manner.
In addition to the ongoing document engagement, individuals within the team keep abreast of global regulatory change that could influence processes, and identify opportunities that enhance the client experience.
The Role
The KYC Client Outreach Support teams oversee delivery of Front Line Unit (FLU) process delivery including document indexing, remediation program oversight, policy advocacy, capacity/population requirements, restriction and closure processes, program governance and issue remediation, culture and training/readiness.
Role Responsibilities:
Support the delivery of a formalized remediation programs from a FLU perspective, adhering to Bank requirementsAdminister the collection, consolidation and feedback of policy observations made by clients as part of ongoing improvement of Bank processes and industry practicesSupport the FLU portion of the process to ensure restrictions and closures adhere to requirements and consider appropriate risksSupport the monitoring and escalation of any issue remediation concerns or challengesAssist in the administration of the FLU governance framework as it relates to KYC requirementsSupport the drafting and coordination of documenting processes and formal guidelines as they relate to Outreach and associated FLU processesSupport ad hoc reporting as it relates to Outreach performance, delivery and outputPartner with colleagues in Banking, Sales,, FLU COOs, FLU Change, FLU Business Controls, Operations, HR and other groups as neededSupport the design and delivery of cultural and people Initiatives and org health where neededEmbrace a collaborative and output oriented culture
Required Skills:
Bachelor's degree or equivalent work experience4+ years experience of governance, control, risk, financial or process oversight in a role crossing multiple time zones within the financial services industryExcellent interpersonal skills for motivation, collaboration and encouragementProfessional Demeanor: Demonstrating patience, composure, and positive attitude.Problem Solving and Decision Making Skills: Thinking analytically, using diverse research skills, applying past experiences to problem resolution, developing multiple resolutions, knowing how to and where to go to resolve problems.Flexibility and Adeptness: Handling multiple projects and daily tasks adjust to a changing environment adept to new approaches that improve overall work efficiency and effectiveness.Initiative: Identify process improvements, demonstrate a "self-starter" behavior and a willingness to help others, and show potential to require minimal supervision.Strong organizational skills and ability to prioritize and manage competing priorities with excellent attention to detailExcellent proficiency using Microsoft office products, particularly Microsoft PowerPoint, Excel, Word
Shift:
1st shift (United States of America)
Hours Per Week:
40Seniority level
Seniority level
Mid-Senior levelEmployment type
Employment type
Full-timeJob function
Job function
Management and ManufacturingIndustries
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Be among the first 25 applicantsJob Description:
Candidate will be a part of the Know Your Client (KYC) Outreach Support teams within the Global Corporate and Investment Bank (GCIB) and Global Markets lines of business.Job Description:
Candidate will be a part of the Know Your Client (KYC) Outreach Support teams within the Global Corporate and Investment Bank (GCIB) and Global Markets lines of business.
The Function
The Client Outreach team are the front line unit who work with clients as part of meeting Know Your Client (KYC) periodic refresh and remediation requirements. We work in close collaboration with Global Corporate and Investment Bankers and Global Markets Sales to support the Bank’s global regulatory and policy requirements as it relates Client Due Diligence (CDD) documentation collection, with support from Operations and Global Financial Crimes Risk teams.
The team identifies and develops client connections, engages client representatives to obtain KYC documentation, and acts as a coordination point for resolving issues/challenges with respect to client and country specific documentation requirements in a timely manner.
In addition to the ongoing document engagement, individuals within the team keep abreast of global regulatory change that could influence processes, and identify opportunities that enhance the client experience.
The Role
The KYC Client Outreach Support teams oversee delivery of Front Line Unit (FLU) process delivery including document indexing, remediation program oversight, policy advocacy, capacity/population requirements, restriction and closure processes, program governance and issue remediation, culture and training/readiness.
Role Responsibilities:
Support the delivery of a formalized remediation programs from a FLU perspective, adhering to Bank requirementsAdminister the collection, consolidation and feedback of policy observations made by clients as part of ongoing improvement of Bank processes and industry practicesSupport the FLU portion of the process to ensure restrictions and closures adhere to requirements and consider appropriate risksSupport the monitoring and escalation of any issue remediation concerns or challengesAssist in the administration of the FLU governance framework as it relates to KYC requirementsSupport the drafting and coordination of documenting processes and formal guidelines as they relate to Outreach and associated FLU processesSupport ad hoc reporting as it relates to Outreach performance, delivery and outputPartner with colleagues in Banking, Sales,, FLU COOs, FLU Change, FLU Business Controls, Operations, HR and other groups as neededSupport the design and delivery of cultural and people Initiatives and org health where neededEmbrace a collaborative and output oriented culture
Required Skills:
Bachelor's degree or equivalent work experience4+ years experience of governance, control, risk, financial or process oversight in a role crossing multiple time zones within the financial services industryExcellent interpersonal skills for motivation, collaboration and encouragementProfessional Demeanor: Demonstrating patience, composure, and positive attitude.Problem Solving and Decision Making Skills: Thinking analytically, using diverse research skills, applying past experiences to problem resolution, developing multiple resolutions, knowing how to and where to go to resolve problems.Flexibility and Adeptness: Handling multiple projects and daily tasks adjust to a changing environment adept to new approaches that improve overall work efficiency and effectiveness.Initiative: Identify process improvements, demonstrate a "self-starter" behavior and a willingness to help others, and show potential to require minimal supervision.Strong organizational skills and ability to prioritize and manage competing priorities with excellent attention to detailExcellent proficiency using Microsoft office products, particularly Microsoft PowerPoint, Excel, Word
Shift:
1st shift (United States of America)
Hours Per Week:
40Seniority level
Seniority level
Mid-Senior levelEmployment type
Employment type
Full-timeJob function
Job function
Management and ManufacturingIndustries
BankingReferrals increase your chances of interviewing at Bank of America by 2xGet notified about new
General Manager
jobs in
Fort Worth, TX .General Manager-High Profile Mixed Use Project
Store General Manager - Greater Arlington, TX
Dallas-Fort Worth Metroplex
$70,000 - $90,000
1 month agoWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr