Current jobs related to Compliance and Operational Risk Manager- Technology Data Management - New York - Bank of America

  • Technology Risk

    1 week ago

    New York, New York, United States US Tech Solutions Full time

    Position Overview:The Enterprise Risk Management (ERM) division at US Tech Solutions is in search of a Technology Risk & Compliance Manager to spearhead various operational resilience remediation projects in alignment with the Digital Operational Resilience Act (DORA) regulations.Key Responsibilities: Develop, implement, and enhance the ERM's technology risk...

  • Compliance and Operational Risk Manager

    4 weeks ago

    New York, 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...

  • Risk & Compliance Data Leader

    1 week ago

    New York, United States Hispanic Technology Executive Council Full time

    Risk & Compliance Data Leader Bring your ideas. Make history. BNY offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the bank of banks - 97% of the...

  • Senior Vice President, Compliance and Risk Management

    5 days ago

    New York, New York, United States Hispanic Technology Executive Council Full time

    The Senior Vice President role within the Compliance and Risk Management division is pivotal in overseeing the essential functions of the organization's compliance programs, including control assessment and risk evaluation, documentation of controls, and the analysis of issues and deficiencies. This position requires collaboration with various stakeholders...

  • Compliance and Operational Risk Manager- Electronic Trading

    3 months ago

    New York, United States Bank of America Full time

    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...

  • Operational risk management( ORM)

    1 week ago

    New York, United States Tekshapers Inc Full time

    Job DescriptionJob DescriptionOperational risk management( ORM)Location : Buffalo, NY/ NYC, NY/ Tampa, FL Duration: Permanent Job Description:Risk management professional with over 10+ years of experience in technology and cyber compliance, focusing on Operational Risk Management.Led 25+ member team in addressing regulatory driven milestones related to...

  • Risk & Compliance Data Leader

    3 weeks ago

    New York, New York, United States BNY Full time

    Risk & Compliance Data Leader Bring your ideas. Make history. BNY offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the bank of banks - 97% of the...

  • Risk & Compliance Data Leader

    3 weeks ago

    New York, New York, United States BNY Full time

    Risk & Compliance Data Leader Bring your ideas.Make history.BNY offers an exciting array of future-forward careers at the intersection of business, finance, and technology.We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration.Known as the bank of banks - 97% of the world's...

  • Chief Administrative Officer of Compliance Risk Management

    1 week ago

    New York, New York, United States Citigroup Inc Full time

    Overview: The Chief Administrative Officer (CAO) of Independent Compliance Risk Management (ICRM) at Citigroup Inc. plays a pivotal role in overseeing the administrative and operational functions of the compliance risk oversight framework. This position is integral to ensuring the firm’s compliance risk management is executed effectively and...

  • Technology Risk and Controls Manager

    2 days ago

    New York, United States Aegistech Full time

    Job Description: A Technology Risk and Controls Manager W2 only Consulting job is available with our client, a leading, global, provider of trading, clearing, exchange technology, listing, information, and public company services. The role is located in the Enterprise Risk Management (ERM) team. a part of the Group Risk Management (GRM) team to support...

  • Risk & Compliance Data Leader

    1 week ago

    New York, United States BNY Mellon Full time

    Overview Risk & Compliance Data Leader  BNY offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top...

  • Compliance and Operational Risk Management Specialist

    1 day ago

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

    Job DescriptionAt 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 and Operational Risk Manager

    2 months 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, Risk, Compliance, Manager, Operation, Controls, Accounting, Banking

  • Technology Risk Management Specialist

    4 days ago

    New York, New York, United States MUFG Bank, Ltd. Full time

    Are you ready to make a significant impact in the financial sector? Join Mitsubishi UFJ Financial Group (MUFG), one of the largest financial institutions globally, with a workforce of 120,000 dedicated professionals committed to enhancing the lives of our clients and communities. We are driven by our core values of building enduring relationships, serving...

  • Technology Operations Manager

    1 week ago

    New York, New York, United States Mitchell Martin Inc. Full time

    We are currently looking for a Technology Operations Manager to lead our team in enhancing regulatory management and policy technology.Key Responsibilities:Oversee technology delivery with a focus on compliance and risk management.Implement Agile methodologies, utilizing tools and practices from Scrum and Kanban.Manage and innovate with a modern tech stack,...

  • Equities Compliance and Operational Risk Manager

    4 weeks ago

    New York, 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...

  • Head of Operational Risk Management

    4 days ago

    New York, New York, United States Synergy Interactive Full time

    Position Overview:As the Head of Operational Risk Management, you will play a pivotal role in steering risk-related initiatives across Synergy Interactive's diverse portfolio of products and projects.Key Responsibilities:Lead comprehensive Risk Assessments, including Risk and Control Self-Assessments (RCSA), Top Risk Assessments, Project Risk Assessments,...

  • Technology Risk Management Specialist

    1 week ago

    New York, New York, United States MUFG Bank, Ltd. Full time

    Are you ready to make a significant impact in the financial sector? Join Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial institution globally, where your contributions matter. With a workforce of 120,000 professionals worldwide, we are dedicated to enhancing the lives of our clients, organizations, and communities. Our core values emphasize...

  • Global HR Risk and Compliance Officer

    23 hours ago

    New York, New York, United States Hispanic Technology Executive Council Full time

    Job SummaryWe are seeking a highly skilled Senior Human Capital Risk Manager to join our team at the Hispanic Technology Executive Council. The successful candidate will be responsible for developing and implementing a comprehensive Human Capital Risk Management Framework across the organization.Key ResponsibilitiesEstablish and oversee the application of...

  • Compliance and Risk Management Specialist

    4 days ago

    New York, New York, United States CAI Full time

    Job ID NumberR3434Employment TypeFull timeWorksite FlexibilityRemotePosition OverviewAs a Compliance and Risk Management Specialist, your primary responsibility will be to assess adherence to established policies and identify potential risks associated with application access controls.Key ResponsibilitiesFormulate compliance strategies and deliver...

Compliance and Operational Risk Manager- Technology Data Management

2 months 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 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


Risk manager will be responsible for assessing risks and control effectiveness for Global Technology (GT) data management practices, specifically data that GT uses to operate and to comply with laws, rules, or regulations.

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

Desired Candidate Qualifications:
• 7+ years of technology experience with a focus on data management, inventory management, technology data reporting & metrics, or other relevant discipline
• In depth expertise with technology data, including thorough knowledge of uses of data by technologists, management, and control partners
• In depth understanding of the lifecycle of data from capture through use, including data quality and movement controls
• Working knowledge of best practices for data governance including health and risk metrics, metadata management, and governance tooling
• Hands on experience with technology infrastructure management, software engineering, information security, data architecture and/or database development is preferred

Additional Desired Qualifications:
• Additional Technical/Functional Experience (e.g. Industry type): Financial Services or similarly regulated sector
Communicates and Influences with Impact:
• Communicates complex ideas in a way that is clear, direct, concise, simple and contextual; avoids jargon
• Shapes the opinions and actions of others, gaining trust & commitment for desired outcomes
• Adjusts style and personalizes message to best connect with others; inspires others to follow his/her lead
• Constructively challenges; supports opinion and recommendations with facts and data
• Shares opinion with confidence; is persistent and tenacious for what is right
• Demonstrates productive edge, appropriately voicing and challenging opinions
• Demonstrates productive partnering with various stakeholders across the enterprise at all levels
• Role models effective communication and influence; develops others on this skill

Demonstrated Business Acumen:
• Deep understanding of the organization's overall strategies and how the business operates
• Deep understanding of what drives success through subject matter expertise of the products, customer and channels leveraged within the FLU
• Identifies and influences business improvements and solutions - Proactively engages team/peers to transfer knowledge of the business
• Makes tough business and people decisions
• Demonstrated behaviors may include but are not limited to:
• Demonstrates the ability to remain flexible and adaptable in order to learn/apply new concepts and stay current on emerging trends (i.e. new technology)
• Asks questions in an effort to understand, drawing connections and similarities in order to frame new challenges/opportunities; leverages information to take calculated risks
• Proactively brainstorms and researches a wide range of options to find the best solutions to address opportunities
• Proactively engages others for feedback as an opportunity to drive improvement (for self and the business)

Delivers Results Through Management & Operational Excellence:
• Demonstrates a deep understanding of owned processes and continually seeks opportunities to simplify and improve
• Leads the execution of strategies through establishing clear accountability for self and the team
• Raises performance expectations through planning and establishing routines to ensure goals are achieved
• Proactively identifies and removes barriers
• Leads change and gets team and key stakeholders on board

Cultivate Talent & Organization:
• Creates and leads an environment that values diversity, where people can speak up, share bad news and get better outcomes through dialogue and debate
• Actively builds a pipeline of strong, diverse talent
• Actively manages the growth and development of talent; takes genuine interest in and provides support for their development
• Broadly shares accountability and responsibility with others
• Contributes to building motivated, high performing teams; inspires them to achieve more
• Recruits, develops and aligns talent needed to meet business goals

Delivers Second-Line Risk Management:
• Commanding knowledge of the Compliance & Ops Risk Program and its application to daily work activity and team priorities; educates others
• Commanding knowledge of how laws, rules and regulations apply to businesses, functions, products, jurisdictions and/or the enterprise and stays current on changes; educates others
• Understands and educates others on the business processes (design through execution), the role of effective controls and the potential impact to operational losses
• Directly or via a team, assesses for and identifies compliance and operational risks in the activities of a FLU/ECF or the Company (EAC) through monitoring, assessment and testing activities
• Directly or via a team, documents, analyzes, reports and escalates as needed risk issues (e.g., control weaknesses, violations, metric breaches); synthesizes the data for emerging trends or systemic issues
• Directly or via a team, drives the mitigation of compliance and operational risk through means such as policy reviews and updates, issue remediation/action plans, and training needs; determines approach and possible solutions
• Communicates risks and issues concisely, clearly and timely; drives transparency and accountability with appropriate parties
• Executes risk governance and management routines
• Ensures compliance and operational risks are considered in business activities, including product development and business process changes; uses risk lens when advising the business
• Escalates risks not being mitigated in a timely manner to appropriate leaders and senior management, regulators and Board of Directors as warranted
Demonstrates Analytical Capabilities
• Leads analysis integrating facts, data, and information to draw accurate conclusions in order to identify root cause
• Leverages internal/external perspectives and benchmarking to identify potential solutions
• Develops useful and realistic alternative solutions to problems; selects the best course of action based on pros, cons, timing, and available resource

Shift:
1st shift (United States of America)

Hours Per Week:
40