Compliance & Op Risk Manager

Found in: beBee S US - 3 weeks ago

New York, United States Bank of America Full time
Job Description:

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

This job is responsible for executing second line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties. Key responsibilities include ensuring requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively "the Policies"), the Compliance and Operational Risk Management Program and Standard Operating Procedures are implemented and identifying, challenging, escalating, and mitigating risks in a timely manner.

Responsibilities:
  • Assesses risks and effectiveness of Front Line Unit (FLU) processes and controls to ensure compliance with applicable laws, rules, and regulations, while responding to regulatory inquiries, other audits, and examinations
  • Engages in activities to provide independent compliance and operational risk oversight of FLU or Control Function (CF) performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management Program and Standard Operating Procedures
  • Identifies and escalates problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses
  • Manages inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities
  • Assists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routines
  • Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks
  • Reviews and challenges FLU/CF process, risk, Single Process Inventory, and FLU/CF Risk and Control Self-Assessment related to themes or trends, while monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage
  • Develop an effective working relationship with F&O FLU personnel and other internal departments, such as Legal, Operations, Financial Crimes Compliance, and Regulatory Reporting.
  • Work closely with other regional Compliance and Operational Risk teams to ensure consistency in approach and best practices.

Required Qualifications:
  • 7+ years of Business & Functional Experience required
  • Bachelor's degree required


Desired Qualifications:
  • Futures and futures options clearing regulatory and / or operations related experience preferred
  • Financial Services or similarly regulated sector experience
  • Regulatory examination/registration or certification


Skills:
  • Advisory
  • Monitoring, Surveillance, and Testing
  • Regulatory Compliance
  • Reporting
  • Risk Management
  • Critical Thinking
  • Influence
  • Interpret Relevant Laws, Rules, and Regulations
  • Issue Management
  • Policies, Procedures, and Guidelines Management
  • Business Process Analysis
  • Decision Making
  • Negotiation
  • Process Management
  • Written Communications


Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Mod-compliance & Risk Management Associate

    3 days ago

    New York, United States Bank of China Limited, New York Branch Full time

    Introduction: Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or...

  • Compliance & Op Risk Manager - EQ/Futures

    Found in: beBee S US - 3 weeks ago

    New York, United States Bank of America Full time

    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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Compliance & Op Risk Manager - EQ/Futures

    Found in: Talent US C2 - 2 weeks ago

    New York, United States Bank of America Full time

    Description Assist in the execution of regular and fundamental reviews of the firm’s trade surveillance processes and procedures and implement changes where necessary; Help to drive the firm’s trade surveillance change program; Assist with the monitoring of current technology developments in trade surveillance and promote best practice...

  • Compliance Officer

    2 weeks ago

    New York, United States QUANTEAM - North America (RAINBOW PARTNERS Group) Full time

    As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specializing in the fields of Banking, Finance, and Financial Services. Guided by our core values of closeness, teamwork, diversity, and excellence, our team of 1,000 expert consultants, representing 35 different nationalities, collaborates across 10 international offices: Paris, Lyon,...

  • Compliance Officer

    Found in: Appcast Linkedin GBL C2 - 3 weeks ago

    New York, United States QUANTEAM - North America (RAINBOW PARTNERS Group) Full time

    As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specializing in the fields of Banking, Finance, and Financial Services. Guided by our core values of closeness, teamwork, diversity, and excellence, our team of 1,000 expert consultants, representing 35 different nationalities, collaborates across 10 international offices: Paris, Lyon,...

  • Senior IT Compliance, Risk and Governance Manager

    Found in: Appcast US C2 - 2 weeks ago

    New York, United States Phaxis Full time

    Salary is 160k to 185k + bonusHybrid positionResponsibilities:Develop and oversee IT compliance and IT Risk strategies, ensuring alignment with regulatory requirements and industry standards.Lead the implementation and maintenance of IT governance frameworks, risk, policies, and procedures.Design and enforce IT controls to mitigate risks and ensure data...

  • Senior IT Compliance, Risk and Governance Manager

    Found in: Appcast Linkedin GBL C2 - 2 weeks ago

    New York, United States Phaxis Full time

    Salary is 160k to 185k + bonusHybrid positionResponsibilities:Develop and oversee IT compliance and IT Risk strategies, ensuring alignment with regulatory requirements and industry standards.Lead the implementation and maintenance of IT governance frameworks, risk, policies, and procedures.Design and enforce IT controls to mitigate risks and ensure data...

  • Cyber Risk Analytics Co-Op

    Found in: beBee jobs US - 3 weeks ago

    New York, New York, United States Marsh McLennan Full time

    Cyber Risk Analytics Co-Op – Global Strategic AdvisoryProgram Dates: July - December 2023Time Commitment: 40 hours per week Guy Carpenter LLC Global Strategic Advisory is seeking talented and motivated individuals to join our Cyber Risk Analytics Co-Op Program.What can you expect?You will join a team Cyber Analytics expert that deploy deeply specialized...

  • Enterprise Privacy Compliance and Operational Risk

    5 days ago

    New York, United States Bank of America Full time

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates...

  • CUSO Compliance Risk Assessment Officer

    1 week ago

    New York, United States Crédit Agricole CIB Limited Full time

    Summary: The Compliance Department at Credit Agricoles Combined US Operations (CUSO) seeks an individual to join the department and report to the CUSO Head of Central Compliance. The individual will be responsible for coordinating the Compliance Risk Assessments (CRA) across all business lines on behalf of the regional Compliance operations. The successful...

  • CUSO Compliance Risk Assessment Officer

    3 weeks ago

    New York, United States Crédit Agricole CIB Full time

    Summary: The Compliance Department at Credit Agricole’s Combined US Operations (CUSO) seeks an individual to join the department and report to the CUSO Head of Central Compliance. The individual will be responsible for coordinating the Compliance Risk Assessments (CRA) across all business lines on behalf of the regional Compliance operations.The successful...

  • CUSO Compliance Risk Assessment Officer

    Found in: Appcast Linkedin GBL C2 - 3 weeks ago

    New York, United States Crédit Agricole CIB Full time

    Summary: The Compliance Department at Credit Agricole’s Combined US Operations (CUSO) seeks an individual to join the department and report to the CUSO Head of Central Compliance. The individual will be responsible for coordinating the Compliance Risk Assessments (CRA) across all business lines on behalf of the regional Compliance operations.The successful...

  • Enterprise Privacy Compliance and Operational Risk Manager

    2 days ago

    New York, United States The Bank of America Corporation Full time

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders Risk Manager, Compliance, Enterprise, Risk, Operation, Privacy, Banking, Business Services

  • ALM Interest Rate

    Found in: beBee S US - 3 weeks ago

    New York, United States ING Full time

    TRM NY| ALM-Interest Rate & Liquidity Risk Management | Vice President | New York About ING:  Ranked #8 on LinkedIn Top Companies in Financial ServicesCrain’s 100 Best Places to WorkRagan’s Top Places to Work in 2023In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and...

  • Compliance Manager

    Found in: Appcast Linkedin GBL C2 - 3 days ago

    New York, United States US Tech Solutions Full time

    Job Title: Compliance Manager IILocation: New York NY OnsiteDuration: 6 Months ContractPay Range: $60 - $65 an hour on w2 without benefits. Job Description:Summary: The Compliance Manager will be the first point of contact for ethics and compliance matters for the client’s offices and initiatives under their responsibility, the right candidate must be able...

  • IT Risk and Compliance Analyst III

    10 hours ago

    New York, United States Russell Tobin Full time

    Job DescriptionJob DescriptionDetails:Job Title: IT Risk and Compliance AnalystDuration: 06 Months (Possible extension)Location: NYC (Remote)Domain: Software CompanyPay Rate: $50-65/hr on W2 (Depends on experience)Prefers someone working EST hours as the client is in New YorkResponsibilities: Conduct periodic compliance assessments and audits to ensure that...

  • Compliance Consultancy Director

    Found in: beBee jobs US - 4 days ago

    New York, New York, United States Compliance Recruitment Solutions Full time

    Compliance Consultancy Director - Previous Compliance Funds Experience and 1940 Act/NFA/CFTC Knowledge Required Ref: 4015G3 $200K - $220K + Bonus + Benefits New York City Our Client, a growing and dynamic regulatory consulting firm based in New York and London, are looking to hire an experienced compliance professional to join their New York Regulatory...

  • CUSO Compliance Risk Assessment Officer

    Found in: beBee jobs US - 3 weeks ago

    New York, New York, United States Crdit Agricole CIB Full time

    The role requires an understanding of US bank regulations and corporate compliance program requirements, and ideally, experience in dealing with institutional investment banking and asset management organization.Support the region-wide Corporate Compliance Risk Assessment program in accordance with CRA policy and procedure.Enhance CRA processes...

  • Senior Governance, Risk

    2 days ago

    New York, United States NetEffects Full time

    Senior Governance Risk & Compliance (GRC) Analyst will ensure the integrity, confidentiality and availability of the Firm’s information via risk assessments, audits, controls testing, policy and procedure and compliance initiatives and operational duties. The successful candidate will support various GRC initiatives and work on a diverse set of security...

  • Operational Risk Manager

    Found in: Careerbuilder One Red US C2 - 3 weeks ago

    New York, NY, United States Paritas Recruitment - Risk Full time

    Operational Risk Manager - Associate (New York) A global financial services business in New York is seeking an experienced Operational Risk Professional to join their expanding team.  Reporting to the Head of Operational Risk you will be responsible for identification, evaluation, control testing, and management of operational risks across the business...