Current jobs related to Compliance and Operational Risk Manager - New York, New York - Bank of America
-
Compliance and Operational Risk Manager
4 weeks ago
New York, New York, United States Bank of America Full timeJob Title: Compliance and Operational Risk ManagerBank of America is seeking a highly skilled Compliance and Operational Risk Manager to join our team. As a key member of our Global Control Room, you will play a critical role in mitigating legal, compliance, and reputational risk within the firm.The successful candidate will be responsible for executing the...
-
Compliance and Operational Risk Manager
2 weeks ago
New York, New York, United States Bank of America Full timeJob Title: Compliance and Operational Risk ManagerWe are seeking a highly skilled Compliance and Operational Risk Manager to join our team at Bank of America. As a key member of our organization, you will be responsible for executing second-line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third...
-
Compliance and Operational Risk Manager
2 weeks ago
New York, New York, United States Bank of America Full timeJob Title: Compliance and Operational Risk ManagerThis role is responsible for executing second-line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties.The key responsibilities include ensuring the requirements of the Global Compliance Enterprise Policy, the Operational Risk Management...
-
Compliance and Operational Risk Manager
3 weeks ago
New York, New York, United States Bank of America Full timeJob Title: Compliance and Operational Risk Manager - Electronic TradingWe are seeking a highly skilled Compliance and Operational Risk Manager to join our team in New York. As a key member of our Electronic Trading Risk Oversight team, you will be responsible for executing second-line of defense compliance and operational risk oversight for our Front Line...
-
Compliance and Operational Risk Manager
4 weeks ago
New York, New York, United States Bank of America Full timeJob Title: Compliance and Operational Risk ManagerThis role 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:Ensures requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy...
-
Compliance and Operational Risk Manager
3 days ago
New York, New York, United States Bank of America Full timeJob Description:At Bank of America, we are committed to creating a workplace where our teammates can thrive and make a meaningful impact. As a Compliance and Operational Risk Manager, you will play a critical role in ensuring the integrity of our business operations and maintaining a culture of compliance and risk management.Key Responsibilities:Assess risks...
-
Compliance and Operational Risk Manager
2 weeks ago
New York, New York, United States Bank of America Full timeJob Title: Compliance and Operational Risk ManagerAt Bank of America, we are committed to creating a workplace where our teammates can thrive and make a meaningful impact. As a Compliance and Operational Risk Manager, you will play a critical role in ensuring that our organization operates in a responsible and compliant manner.Key Responsibilities:Assess...
-
Compliance and Operational Risk Manager
2 weeks ago
New York, New York, United States Bank of America Full timeJob Description:At Bank of America, we are committed to creating a workplace where our teammates can thrive and make a meaningful impact. As a Compliance and Operational Risk Manager, you will play a critical role in ensuring the integrity of our business operations and maintaining a strong risk management culture.Key Responsibilities:Assess and mitigate...
-
Compliance and Operational Risk Manager
2 weeks ago
New York, New York, United States Bank of America Full timeJob DescriptionAt Bank of America, we are committed to helping our clients achieve their financial goals through responsible growth. As a Compliance and Operational Risk Manager, you will play a critical role in ensuring that our Global Markets and Fixed Income business operates in accordance with regulatory requirements and internal policies.Key...
-
Compliance and Operational Risk Manager
3 days ago
New York, New York, United States Bank of America Full timeJob Description:This role 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:Ensures requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy, the Compliance and Operational Risk...
-
New York, New York, United States Bank of America Full timeAt Bank of America, we strive to create a culture of responsible growth, where our employees can thrive and make a meaningful impact. As a Compliance and Operational Risk Manager for Electronic Trading, you will play a critical role in ensuring the integrity of our electronic trading activities.Key responsibilities include:Ensuring the effective...
-
Compliance and Operational Risk Specialist
3 weeks ago
New York, New York, United States Bank of America Full timeJob Title: Compliance and Operational Risk SpecialistAt Bank of America, we are committed to creating a workplace where our teammates can thrive and make a meaningful impact. As a Compliance and Operational Risk Specialist, you will play a critical role in ensuring the integrity of our operations and maintaining a culture of compliance.Key...
-
Compliance Risk Manager
1 month ago
New York, New York, United States Barclays Full timeJob DescriptionPurpose of the RoleTo provide expert oversight and challenge on business and compliance matters to ensure that Barclays operates in accordance with its legal, regulatory, and ethical responsibilities.Key AccountabilitiesIdentify and assess compliance risks through thorough reviews of business activities, changes, processes, testing, and...
-
Compliance Risk Manager
3 weeks ago
New York, New York, United States Barclays Full timeJob DescriptionAs a key member of the Americas Chief Compliance Office team, you will play a critical role in ensuring the firm's adherence to laws and regulations. Your primary responsibility will be to provide data-led expert oversight and challenge on business and compliance matters to ensure that the organization is operating in compliance with Barclays'...
-
New York, New York, United States Bank of America Full timeJob Description: At Bank of America, we are committed to helping our clients achieve their financial goals through responsible growth. As a Compliance and Operational Risk Manager for Electronic Trading, you will play a critical role in ensuring that our electronic trading activities are conducted in a safe and compliant manner. Key Responsibilities: Assess...
-
Compliance Risk Manager
3 weeks ago
New York, New York, United States Goldman Sachs Full timeJob Title: Compliance Risk ManagerJoin Goldman Sachs as a Compliance Risk Manager and play a critical role in preventing, detecting, and mitigating compliance, regulatory, and reputational risk across the firm. As a key member of the Business Intelligence Group, you will work closely with a diverse team of professionals to assess and manage risk in various...
-
Risk Management and Compliance Counsel
4 weeks ago
New York, New York, United States City of New York Full timeJob Title: Counsel for Audit, Risk Management and ComplianceCompany DescriptionJob DescriptionThis position is based in the Mayor's Office of Risk Management and Compliance (MoRMC), which was created by Mayor Eric Adams to assist City agencies in assessing their operational, financial and compliance risks, eliminating and preventing waste and mismanagement,...
-
Risk Management and Compliance Counsel
2 days ago
New York, New York, United States City of New York Full timeJob Title: Risk Management and Compliance CounselThis position is based in the Mayor's Office of Risk Management and Compliance (MoRMC), which was created by Mayor Eric Adams to assist City agencies in assessing their operational, financial and compliance risks, eliminating and preventing waste and mismanagement, and improving the effectiveness of City...
-
Operational Risk Associate
1 day ago
New York, New York, United States Lloyds Banking Group Full timeJob Summary:Lloyds Banking Group is seeking an experienced Operational Risk Associate to join our Compliance team in North America. The successful candidate will be responsible for providing 2nd line oversight over our businesses, identifying and managing risks, and ensuring the effective implementation of our operational risk framework.Key...
-
Chief Risk Officer
2 weeks ago
New York, New York, United States Social Capital Resources Full timeChief Risk OfficerAbout the Role:We are seeking a seasoned Chief Risk Officer to lead our compliance and risk management initiatives at Social Capital Resources. As a key member of our team, you will be responsible for overseeing our risk management, compliance, and security functions, ensuring that our company conducts its business in accordance with...
Compliance and Operational Risk Manager
3 months ago
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
Job Description:
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 Managerial Responsibilities:This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above. Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals. Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement. Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions. Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues. People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance. Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions. Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization. Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work. 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 Job Description Summary: Coordinated risk oversight of electronic trading for FICC, Equities and/or Futures and Options flows focused primarily on AMRS. Working with business & control partners to build uniform standards of execution controls across various platforms so as to mitigate reputational risk and monetary loss.
Some Key Responsibilities Include:
Identifying and categorizing the risks associated with all electronically traded flow.
In coordination with the Business, technology and control partners establish and/or validate that oversight exists for all identified risks.
Ensuring risk oversight feeds into the appropriate governance model.
Reviewing intraday trading limits structure/controls and establishing/validating limit setting logic where necessary.
Development of metrics and identification of key performance metrics quantifying the effectiveness of the risk framework.
Reviewing electronically traded flow in the context of system capacity constraints and the operational environment.
Reviewing the use of execution algorithms and the associated risk & control framework.
Working with Execution Services Technology to identify and manage control risks. Contribute to test planning and deployment as appropriate. Required Qualifications:
5 years of prior experience in Compliance and Operational Risk, Market Risk, Technology, or Product Management; supporting electronic trading activities
Understanding of market structure.
Familiarity with electronic trading strategies and algorithms.
Data analysis skills and ability to work with large datasets / spreadsheets.
An understanding of Operational Risk issues.
Ability to multi-task effectively and manage stakeholder expectations
An understanding of electronic trading regulatory trends and future requirementsShift:1st shift (United States of America)Hours Per Week: 40
