Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Responsible for providing risk oversight and advice and counsel to the Line of Business (LOB). Establish risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards. Ability to recognize all risk categories including credit, market, operational and compliance and bringing appropriate risk expertise as needed. Accountable for conducting execution of risk framework activities including, but not limited to, independent monitoring and testing of controls and risk management processes for the LOB. Establish and oversee the risk management governance structure for the LOB.
Responsibilities:
Execute control routines, including QA and root cause analysis for Operational Losses across CFO
Engagement with CFO teammates across EMEA, APAC, and AMRS, plus FLU, GCOR, Technology, and Operations to ensure compliance with Enterprise Operational Loss Standard
Analysis and reporting of volumes and themes for identification of current or trending control concerns.
Support regulatory GCOR, audit, and FLU inquiries regarding Operational Events activities..
Required Qualifications:
Minimum 5 years Finance experience
Self-Starter who can work independently with little or no guidance
Able to understand, analyze, and explain complex issues and workflows
Excellent written and verbal communication skills- able to tailor messaging to senior management
Ability to multi-task and manage deadlines
Technical proficiency in MS office platforms
Desired Skills:
Operational Risk and Control Experience
Prior experience working with audit and regulatory issues
Prior experience working with associates in non-US locations
Project Management skills
Proven record of indirectly managing people by influence
MBA
Skills:
Analytical Thinking
Coaching
Critical Thinking
Liquidity Management
Collaboration
Oral Communications
Portfolio Analysis
Presentation Skills
Written Communications
Credit and Risk Assessment
Issue Management
Monitoring, Surveillance, and Testing
Regulatory Compliance
Technical Documentation
Shift:
1st shift (United States of America)
Hours Per Week:
40
