Chief Operating Officer
3 days ago
**Job Summary:**
We are seeking a highly experienced and skilled Chief Operating Officer to join our team at Bank of America. As a key member of our Corporate Audit department, you will be responsible for managing business groups and executing on personnel, communication, and expense management activities.
Key Responsibilities:
- **Drive Operational Excellence:**
- Set and monitor key performance indicators to ensure business effectiveness.
- Make recommendations to increase business effectiveness.
- **Serve as Key Integration and Coordination Point:**
- Ensure strong linkages between CFO/CAO/GHR Audit team and peer organizations.
- **Ensure Strong Risk Management Practices:**
- Integrate risk management practices and policies into all operations.
- **Drive Effective Management Routines:**
- Lead leadership meetings, scorecard reporting, business reviews, planning exercises, town halls, strategic communications, recognition, employee engagement, etc.
- **Lead Operational Functions:**
- Business Management including financial and workforce management, workspace management, vendor management, employee engagement, communications, and chairing/managing executive routines.
- Business Controls, Risk Management and Oversight including issue, audit and exam management and risk and compliance program governance.
- Governance, oversight and operational support.
- **Communicate Corporate Audit's Mission:**
- Communicate Corporate Audit's mission, goals, and strategies.
- **Oversee Audit Teams:**
- Ensure timely execution of the audit plan within quality standards and in conformance to audit policies and procedures.
- **Leverage Risk Mindset:**
- Proactively identify risks, analyze themes, and continually evaluate areas of priority against the company's risk profile and control environment.
- **Engage with Senior Leaders:**
- Influence business partners to balance business strategy with appropriate risk management controls.
- **Maintain Relationships:**
- Maintain relationships with regulatory agencies and leadership teams.
- **Develop Audit Coverage Strategy:**
- Develop the audit coverage strategy and plan, assess risks, and provide appropriate coverage for current and/or emerging risks for assigned areas.
- **Manage Team Performance:**
- Train and mentor team members.
- Attract, develop, and retain a diverse workforce through talent planning.
Requirements:
- **10 Years of Business Operations Experience:**
- Increasingly complex roles in strategy, innovation, portfolio planning & management, business management, and risk management.
- **Demonstrated Ability to Influence and Integrate:**
- Across functional lines and at all levels of seniority.
- **Demonstrated Expertise in Establishing and Maintaining Rigorous Management Discipline Routines & Processes:**
- Establish and maintain rigorous management discipline routines & processes.
- **Demonstrated Ability to Execute on Multiple Competing Long and Short-Term Priorities:**
- Prioritize effectively and manage key stakeholder expectations throughout.
- **Deep Understanding of the Bank's Risk Framework and Audit:**
- Deep understanding of the Bank's Risk Framework and Audit (ideally both BofA and industry best practices).
- **Superb Written and Verbal Communication Skills:**
- Superb written and verbal communication skills.
- **Superior Team Player with Demonstrated Stakeholder Management Skills:**
- Superior team player with demonstrated stakeholder management skills.
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