Risk Management Specialist

4 days ago

Chicago, Illinois, United States Bank of America 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 every day.

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.

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.

The Enterprise Issues Management Team is responsible for the strategic direction, enterprise oversight, and governance of the Enterprise Issues program.

The Risk Management Manager role is responsible for providing enterprise-wide leadership, governance, and subject matter expertise to drive adherence to the associated policies, standards and process.

Job expectations include owning and maintaining content used to support Enterprise Issues management, including procedures, standards, supporting documentation and training and ensuring materials adhere to standards and policies.

Maintaining Issues Management Associated Policies, Procedures and Standards.

  • Responsible for ongoing development and enhancement of Issues Management supporting documents and training.
  • Ongoing partnership with CACR and GRM (GCOR) and other key stakeholders to drive maturity of program.
  • Serve as Process Owner Delegate for the Enterprise Process for Issues Management with responsibilities for understanding, managing and continuously improving the process.
  • Engage with Enterprise Issues Management team to review testing approach, test scripts and scope to ensure key components of Issues program are included and testing is in alignment with program requirements.
  • Partner with QA/QC team to review results of testing activities evaluating FLU/CF performance and take actions (document updates, QRGs, RIIs etc.) Partner with GRM Reporting Team to maintain and develop Tableau Dashboards to support board, executive and management level issue management reporting.
  • Facilitate monthly FLU/CF Issues Forum, training and Office Hours as needed to support Issues program.

Requirements:

  • 5+ years of financial services experience
  • Experience delivering guidance/training and providing day-to-day guidance, influence and subject matter expertise.
  • Ability to develop written materials (decks, briefing materials) used to organize and clearly communicate key messages to stakeholders.
  • Advanced PowerPoint and Excel skills

Preferred Qualifications:

  • Risk Management or Corporate Audit experience
  • Portfolio Analysis
  • Issue Management

Shift:

1st shift (United States of America)

Bank of America and its affiliates 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, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws.

The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

Bank of America aims to create 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 (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.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern.

Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents.

Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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