EAC Compliance

Description :This job is responsible for supporting the execution of the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy and the Compliance and Operational Risk Management Program. Key responsibilities include assisting with identifying, escalating, and mitigating risks in a timely manner, supporting engagement and Control Functions (FLU/CF) leaders globally, coordinating with the FLU/CF Compliance and Operational Risk Officer teams, identifying themes and trends, conducting analysis for new and emerging risks.Responsibilities:Assists in assessing risks, associated controls and their effectiveness, driving compliance with applicable laws, rules and regulations and adhering to policies, and developing reporting and documentationEngages in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function (FLU/CF) performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management Program and Standard Operating ProceduresAssists in identifying and escalating problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses, and may assist with opening new issues in the centralized issues toolMaintains an inventory of processes, risks, and controls and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activitiesAssists in responding to regulatory inquiries and other audits and examinations including monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintain a comprehensive regulatory inventory, while supporting communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirementsReviews and challenges FLU/CF process, risk, Single Process Inventory and FLU/CF Risk and Control Self-Assessment related to themes or trends, while monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverageRequired Qualifications:Strong knowledge of financial markets, banking industry, equities and derivative productsStrong technical and data analytical skills (i.e., Excel and similar applications) with experience in analyzing, managing and reporting from large sets of structured data (e.g., books and records data)Experience in Equity Aggregation Operations and/or Compliance (also known as Position Reporting, Shareholding Disclosures, Disclosure of Interest)Knowledge of key shareholding disclosure rules within the region of coverageAbility to produce accurate work output and reports under tight deadlinesCommunicates effectively in both oral and written formats and tailors message appropriately to audienceDemonstrates intellectual curiosity and drives operational excellenceAbility to think critically to quickly analyze and resolve issuesInfluences and delivers results through collaborative relationship with key partners and stakeholdersWorks independently to prioritize work and deliver against regulatory deadlines in a dynamic environmentAbility to demonstrate a high level of integrity with a mature approach to workDiscrete when handling confidential informationDesired Qualifications:Experience interacting with regulatory agencies and/or regulatory examsRegulatory reporting experience and/or experience in a global markets regulatory reporting environment or exposure to position/transaction processes/life cycle (other than Equity Aggregation)Experience in technology implementation projects including involvement in building new or enhancing existing systems to meet complex reporting requirements​​Skills:Analytical ThinkingRegulatory ComplianceReportingRisk ManagementWritten CommunicationsActive ListeningAdaptabilityIssue ManagementMonitoring, Surveillance, and TestingPolicies, Procedures, and Guidelines ManagementAdvisoryBusiness Process AnalysisInterpret Relevant Laws, Rules, and RegulationsProcess ManagementRequired BackgroundMust be a current Year Up intern at Bank of AmericaShift:1st shift (United States of America)Hours Per Week: 40