Global Compliance and Operational Risk Manager

2 weeks ago


Charlotte, North Carolina, United States Bank of America Full time

Position Overview:

The Global Compliance and Operational Risk Manager plays a pivotal role in overseeing compliance and operational risk management within the organization.

Location:

Charlotte, North Carolina; Pennington, New Jersey

Company Mission:

At Bank of America, our mission is to enhance financial well-being through meaningful connections. We prioritize Responsible Growth, ensuring we meet the needs of our clients, employees, communities, and shareholders.

Commitment to Diversity:

We are dedicated to fostering a diverse and inclusive environment. Our workforce reflects a wide array of backgrounds and experiences, and we invest in our employees' well-being through competitive benefits.

Flexibility in Work:

Bank of America values collaboration while offering flexibility tailored to various roles within the organization.

Key Responsibilities:

  • Conduct assessments of risks and the effectiveness of processes and controls to ensure adherence to relevant laws and regulations.
  • Provide independent oversight of performance for Front Line Units and Control Functions, ensuring alignment with compliance policies.
  • Identify and escalate compliance and operational risk issues, driving initiatives to address root causes.
  • Maintain an inventory of processes, risks, and controls, reporting any compliance violations.
  • Assist in developing risk management reports for governance and management routines.
  • Analyze applicable regulations to provide clear guidance to stakeholders and manage risks effectively.
  • Review processes and monitor regulatory changes that may impact the organization.

Managerial Expectations:

  • Champion diversity and inclusion within the team.
  • Exhibit operational excellence and a commitment to continuous improvement.
  • Communicate effectively regarding enterprise decisions and team contributions.
  • Ensure a robust risk management culture is maintained.

Essential Skills:

  • Advisory capabilities
  • Monitoring and testing proficiency
  • Expertise in regulatory compliance
  • Risk management acumen
  • Critical thinking and analytical skills
  • Effective communication and negotiation skills

Required Qualifications:

  • Extensive knowledge of investigations and filing requirements.
  • Experience in risk management, with a focus on compliance.
  • Familiarity with governance practices and issue management.
  • Minimum of 7 years in a relevant field.

Work Schedule:

1st shift (United States of America)

Hours Per Week:

40

Bank of America is committed to equal employment opportunities and prohibits discrimination based on various factors. We aim to create a safe and inclusive workplace for all employees.



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