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GRM Engagement Specialist

2 months ago

Charlotte, United States Bank of America Full time

GRM Engagement Specialist

Job Description: This job is responsible for supporting the execution of the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy, the Compliance and Operational Risk Management Program and the GRM Engagement in Material Change Program. Key responsibilities include assisting with identifying, escalating, and mitigating risks in a timely manner, supporting engagement and Control Functions (FLU/CF) leaders globally, coordinating with the FLU/CF Compliance and Operational Risk Officer teams, identifying themes and trends, conducting analysis for new and emerging risks. Responsibilities: Assists in assessing risks, associated controls and their effectiveness, driving compliance with applicable laws, rules and regulations and adhering to policies, and developing reporting and documentation Engages in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function (FLU/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 Assists in identifying and escalating problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses, and may assist with opening new issues in the centralized issues tool Maintains an inventory of processes, risks, and controls and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities Assists in responding to regulatory inquiries and other audits and examinations including monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintain a comprehensive regulatory inventory, while supporting communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements Required Skills: Analytical Thinking Previous experience within Risk and/or Compliance Management Experience and confidence with written and verbal communications with Executive Leadership Active Listening utilizing the lens of a Risk Partner Adaptability/Flexibility to understand the audience in any given situation Issues Management and Engagement (i.e. change theme identification, proper gap remediation, action plan reviews) Monitoring, Testing and Risk Assessments (including initial write-up and completion) Enterprise Policies, Standards, and Procedures Business Process Performance Management and Analysis Process Management Desired Skills: Tableau Reporting and Data Analysis Familiarity PPRT (Program Project Risk Tool) Previous Risk Officer Experience Excel and other reporting applications Regulatory Compliance and ability to interpret Relevant Laws, Rules, and Regulations Minimum of three year’s experience in Risk Management Minimum Education Requirement:

Bachelor’s Degree or Equivalent Work Experience Shift:

1st shift (United States of America) Hours Per Week:

40

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