Enterprise Compliance and Operational Risk Manager

2 days ago


Plymouth, Plymouth, United Kingdom Bank of America Full time
Job Summary

We are seeking a highly skilled Enterprise Compliance and Operational Risk Manager to join our team at Bank of America. This role will be responsible for executing the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy, and the Compliance and Operational Risk Management (CORM) Program.

Key Responsibilities
  • Risk Identification and Mitigation: Identify, escalate, and mitigate risks in a timely manner, engaging with Front Line Units and Control Functions (FLU/CF) leaders globally.
  • Compliance and Risk Oversight: Provide independent compliance and operational risk oversight of Front Line Unit or Control Function (FLU/CF) performance and any related third-party/vendor relationships.
  • Issue Management: Identify and escalate problems or issues that arise and drive actions to address the root causes that lead to compliance risk issues and/or operational risk losses.
  • Inventory Management: Manage inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities.
  • Regulatory Analysis: Analyze and interpret applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks.
  • Regulatory Training: Respond to regulatory inquiries, other audits, and examinations and identify regulatory training needs supporting the development of the training curriculum.
  • Process Review: Review and challenge FLU/CF process, risk, Single Process Inventory and FLU/CF Risk and Control Self-Assessment related to themes or trends.
  • Business Continuity and Operational Resiliency: Plan, coordinate, and manage components of the day-to-day activities of running the Business Continuity and Operational Resiliency (BCOR) risk program.
Requirements
  • Experience: 7+ years of experience in risk management, business controls, enterprise-wide role, managing regulator activities or a combination of each.
  • Data Analysis: Advanced knowledge in the use of data analytic tools (Excel, Access, Tableau, etc.).
  • Presentation Skills: Proven presentation skills: ability to analyze and synthesize data and present key messages, recommendations, and information in a clear, concise, and insightful way.
  • Project Management: Strong Project Management skills with the proven ability to lead initiatives front to back independently while meeting strict deadlines.
  • Influence and Communication: Ability to influence effectively at all levels within the organization.
Working Hours

1st shift (United States of America)

40 hours per week



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