What are the responsibilities and job description for the Operations Analyst - US Wire Investigations position at Bank of America?
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Regulatory Wire Investigations are conducted by financial institutions and law enforcement to detect / monitor unusual activity, such as large transactions, or patterns of transactions, combine with Handling Know Your Customer Inquiries Pertaining to Internal or External Customers, Handling Regulatory and POP (purpose of payment) Inquiries. Investigator reviews the incoming request and inputs case-specific detail into all required fields in GIN system.
The US Regulatory Investigations team reviews queries from other Financial Institutions utilizes SWIFT to communicate between financial institutions with a goal to relay required information to allow the wire to reach its destination.
The Operations Analyst is responsible for analyzing the day-to-day issues, researching, and providing resolution for various issues identified within a business unit. Key responsibilities include supporting defined procedures, routine analytics, and creating reports and completing exception processing.
Reminder: This is NOT a phone customer service type role, it is solely working on the computer conducting transactional work for the team. This is why it is a necessity to have work experience using various systems/applications simultaneously throughout the workday.
Responsibilities:
Assists with coordination of implementation for products, services, and operational solutions
Supports the design, documentation, implementation, and monitoring of new products and services
Provides guidance regarding procedural, technical, and operational changes
Expands business products knowledge within operations environment
Builds network by developing relationships with partners and teammates
Inspects data to identify issues and trends
Collects and interprets data to validate operational processes
Required Skills:
Must have at least 1 year of Wire Transactional work experience in the industry.
This is Must be able to Multitask using various systems/applications as well as different tasks at different times.
Strong ability to work both independently and collaboratively.
Excellent communication/organizational skills
Proficient work experience with Microsoft Office Suite, especially Excel.
Desired Skills:
Strives to bring new thoughts and ideas to the team to drive innovation and unique solutions.
Skills:
Attention to Detail
Customer and Client Focus
Monitoring, Surveillance, and Testing
Process Performance Management
Research
Adaptability
Business Analytics
Critical Thinking
Reporting
Written Communications
Data Management
Policies, Procedures, and Guidelines Management
Process Design
Process Effectiveness
Strategic Thinking
Shift:
1st shift (United States of America)Hours Per Week:
40
