Bank of America

Sr. Internal Investigator I


Pay$40.00 / hour
LocationLos Angeles/California
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 25006356

      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!

      Job Description:


      This job is responsible for the investigation of sales practice related, internal employee fraud, misconduct, and abuse (includes vendor/contractor). Key responsibilities include ensuring thorough, timely investigations with consistent application of internal enterprise investigation (IEI) practices and ensuring significant investigative issues and/or trends are identified, escalated and acted upon through investigation reports and other IEI escalation paths. Job expectations include having proficient knowledge of the regulatory, reputational, operational, and legal risks encountered in course of investigations.

      Responsibilities:

      • Oversees the investigation of internal employee fraud, misconduct, and abuse (includes vendor/contractor) and interviews employees/vendors/contractors and witnesses involved in the investigation
      • Investigates alleged violations committed by a person or the organization, such as misuse of funds, misconduct, corruption, and prepares written reports of investigation findings
      • Analyzes data to detect irregularities in areas (i.e., Billing trends, financial relationships, and regulatory compliance procedures)
      • Prepares investigative reports and presents findings to senior management and relevant stakeholders for control partners to make recommendations for corrective actions to prevent future incidents and improve organizational practices
      • Oversees significant investigative issues and/or trends are identified, escalated, and acted upon through investigation reports and other escalation paths
      • Establishes working relationships with front-line units and control function partners
      • Prepares reports for suspicious activity and interacts with law enforcement agencies to file crime reports as required

      Skills:

      • Critical Thinking
      • Decision Making
      • Investigation Management
      • Issue Management
      • Research
      • Active Listening
      • Fraud Management
      • Legal Drafting and Writing
      • Oral Communications
      • Prioritization
      • Adaptability
      • Analytical Thinking
      • Attention to Detail
      • Problem Solving
      • Written Communications

      Required Qualifications:

      • 2 years of experience in prior financial crimes or sales practice related investigations experience or experience in a compliance control function, financial institution leadership, or regulatory role with visibility to sales practice issues
      • Proficient knowledge of regulatory, reputational, operational, and legal risks encountered in course of financial crimes and/or sales practice investigations
      • Proficient knowledge of bank systems/technology used in the course of to conduct investigations, as well as the enterprise, businesses, products, core corporate functions and bank policies
      • Exceptional written and verbal communication skills with the ability to present to Senior Leadership
      • Capacity for managing competing priorities, effective time management, thoroughness, and initiative
      • Proficient in Microsoft suite and other related software
      • Experience with data analysis used to articulate facts

      Desired Qualifications:

      • Knowledge of Suspicious Activity Reporting (SAR) requirement preferred
      • Experience conducting and documenting interviews of suspects, victims, and witnesses preferred
      • Certified Fraud Examiners (CFE) or Anti Money Laundering Specialist (ACAMS) certification preferred

      Minimum Education Requirement:

      • Bachelor’s Degree or equivalent work experience

      Shift:

      1st shift (United States of America)

      Hours Per Week:

      40

      Pay Transparency details

      US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193)

      Pay and benefits information

      Pay range

      $86,700.00 - $106,200.00 annualized salary, offers to be determined based on experience, education and skill set.

      Discretionary incentive eligible

      This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

      Benefits

      This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
  • About the company

      Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.