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Risk Management Specialist

2 months ago


Pennington, New Jersey, United States Bank of America Full time
About the Role

We are seeking a highly skilled Risk Management Manager to join our team at Bank of America. As a key member of our organization, you will be responsible for providing risk oversight and advice to our Line of Business (LOB) on risk management issues.

Key Responsibilities
  • Identify risks to which the LOB is exposed and implement measures to prevent and mitigate losses.
  • Monitor risk outcomes and ensure adherence to policies and procedures established by the company.
  • Develop risk management analyses and reports to inform business decisions.
  • Collaborate with key stakeholders to provide feedback and influence change.
  • Participate in establishing risk management procedures and standards.
Requirements
  • 5+ years of financial services experience within Risk Management, Audit, or the execution of quality assurance activities.
  • Advanced understanding of issue management processes.
  • Knowledgeable of Bank of America's business lines, operations, organizational structure, senior executives, etc.
  • Strong data analysis and problem-solving skills.
  • Strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility.
Skills
  • Analytical Thinking
  • Coaching
  • Critical Thinking
  • Liquidity Management
  • Collaboration
  • Oral Communications
  • Portfolio Analysis
  • Presentation Skills
  • Written Communications
  • Issue Management
  • Monitoring, Surveillance, and Testing
  • Regulatory Compliance
  • Technical Documentation
  • Trading Strategy
About Bank of America

Bank of America is committed to creating a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

We are an equal opportunity employer and consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law.