Head of Global Financial Crimes Compliance and Money Laundering Reporting Officer
Bank of America Corporation
il y a 19j

Corporate Title : Director

Location : Paris

Line of Business : Global Risk, Compliance and Operational Risk

An exciting opportunity as Head of Global Financial Crimes Compliance (GFCC) and Money Laundering Reporting Officer (MLRO) is available for a talented individual in our Paris office.

You will take care of the development and maintenance of the Country / Entity Standard for the jurisdiction for which the MLRO is responsible, in accordance with the requirements of Company’s Global Financial Crimes Compliance Policy, to include the maintenance of the inventory of laws, rules and mentorship which form the jurisdiction’s legal framework relating to financial crimes compliance.

This role may also include oversight of GFCC teams / activities in other Bank of America legal entities in France.

Our team is part of Global Compliance and Operational Risk, which is an independent, centralised governance and control function with responsibility for dedicatedly leading compliance and operational risks, including establishing program standards and policies and executing testing and monitoring.

The mission of Global Compliance is to drive a Culture of Compliance with laws and regulations in pursuit of the highest ethical standards for our customers, employees and shareholders.

What will your main responsibilities involve?

  • Conducting financial crimes risk assessments when required by either GFCC or local regulatory requirements
  • Identifying, building and executing appropriate monitoring and testing activities
  • Identifying and reporting any matter relating to the implementation or execution of the Company’s Financial Crimes Compliance Policy and Standards, as applicable, to the Financial Crimes EU Executive
  • The provision of meaningful management information, including review and production of Key Risk Indicators and Key Performance Indicators
  • Leading the completion and timely submission of any regulatory reporting required under the legal framework of the jurisdiction
  • Lead or handle, as applicable, any regulatory examination conducted by a regulator in the jurisdiction for which the MLRO is responsible, in line with the Company’s Regulatory Exam Standards
  • Leading and overseeing the GFCC training curriculum
  • Specific Accountabilities relating to Investigations. MLROs are accountable for analysing, investigating and resolving any investigative case assigned to them by the GFCC Financial Intelligence Unit (FIU), as defined by regional or local practices
  • What skills and qualifications will you ideally possess?

  • Educated to degree level or equivalent experience
  • Legal, Compliance or Regulatory qualifications are helpful
  • Proven experience in a similar or related role in a financial institution, legal or consultancy firm or with a regulatory authority
  • Excellent written and verbal communication skills and solid influencing capability across all levels of management including very senior management and board levels and with regulators in France / Europe
  • Excellent relationship management skills
  • You can make decisions in a rapidly changing environment
  • Project management skills
  • Ability to self-identify priorities, deliver to deadline and handle challenging demands and partners
  • Great teammate, willing to interact and discuss issues in a team environment, and take pride in your work
  • Sufficient French language skills and ideally an established network in the French regulatory and AML community
  • Genuine interest in the securities markets and banking world, regulation and changing legislation
  • Experience in dealing with regulators
  • Sound risk management skills and an ability to apply discernment, take decisions when required and to raise when necessary
  • A flexible and solution driven perspective, able to solve problems and a determination to seek answers to complex issues
  • The ability to synthesise laws, rules and regulations into practice
  • About Bank of America Merrill Lynch

    Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services.

    Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses.

    The company has had a presence in EMEA since 1922. With offices in 23 countries on three continents, it offers an integrated and comprehensive set of products and services across Global Corporate and Investment Banking, Global Markets and Consumer Card, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise.

    Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch’s responsibility platform.

    In more than 90 countries around the world, we partner with employees, clients and stakeholders to help make financial lives better.


    If you re interested in this opportunity please send your details to us by applying online.

    Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk.

    Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

    We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-

    economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

    As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

    Ajouter aux favoris
    Retirer des favoris
    Mon email
    En cliquant sur « Continuer », je consens au traitement de mes données et à recevoir des alertes email, tel que détaillé dans la Politique de confidentialité de neuvoo. Je peux retirer mon consentement ou me désinscrire à tout moment.
    Formulaire de candidature