Strategic Risk Manager

2 days ago


Plano, Texas, United States Bank of America Full time
Job Title: Strategic Risk Manager

At Bank of America, we are committed to helping our customers achieve their financial goals while maintaining a strong risk management culture. As a Strategic Risk Manager, you will play a critical role in driving our AML strategic direction and supporting the development and execution of strategic initiatives and/or processes aligned to AML priorities.

Key Responsibilities:
  • Define, develop, execute, monitor, and/or refine strategic initiatives and processes in close collaboration with key stakeholders and business partners.
  • Contribute to the optimization of the organization through continuous improvement and process reengineering.
  • Lead innovation by identifying and championing large-scale initiatives that improve the risk management, profitability, and control oversight of risks for the business unit.
  • Identify business trends based on economic and portfolio conditions and communicate findings to senior management.
  • Coach employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work.
  • Build and maintain strategic relationships with peers and counterparts across product, technology, and business control functions.
  • Develop and implement procedures to ensure compliance with state-level restrictions and requirements.
  • Drive and/or execute business initiatives and/or processes, while partnering with process owners and business partners.
  • Engage with process owners, key stakeholders, and business leadership to deliver on business objectives.
  • Perform analytical assessments, and/or interpretation of data and/or information to identify strategic opportunities.
Requirements:
  • Understanding of AML requirements and Enterprise Standards.
  • Must have desire and ability to learn AML processes, controls, and data lineage.
  • Highly organized with strong multi-tasking ability.
  • Strong presentation, verbal, and written communication skills.
  • Ability to challenge and influence others to drive results.
  • Ability to work independently, set goals, and deadlines.
Desired Qualifications:
  • Prior experience in AML processes desirable, including regulatory/audit/issues management.
  • Strives to bring in new ideas to drive innovation and unique solutions.
  • Experience supporting Consumer and Small Business related initiatives.
  • Experience with Program/Project Management.
  • Expert level SharePoint and Microsoft Office skills.
  • Strategic mindset.
Skills:
  • Analytical Thinking.
  • Business Analytics.
  • Data Mining.
  • Fraud Management.
  • Business Process Analysis.
  • Critical Thinking.
  • Influence.
  • Relationship Building.
  • Strategy Planning and Development.
  • Business Case Analysis.
  • Issue Management.
  • Leadership Development.
  • Process Performance Measurement.
  • Recruiting.

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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