Enterprise Risk Governance Leader

5 days ago


London, Greater London, United Kingdom Bank of America Full time

**Job Title:** Enterprise Risk Governance Leader

Location: London

Estimated Salary: £100,000 - £120,000 per annum

We are seeking a highly skilled Enterprise Risk Governance Leader to join our Enterprise Privacy team. In this role, you will be responsible for leading the execution of the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy and the Compliance and Operational Risk Management (CORM) Program for Data Privacy Risks in Europe, Middle East and Africa (EMEA).

Key responsibilities include identifying, escalating, and mitigating risks in a timely manner, engaging with Front Line Units and Control Functions (FLU/CF) leaders globally, coordinating with the FLU/CF Compliance and Operational Risk Officer teams, executing the CORM Program and the Policies, identifying themes and trends, and conducting analysis for new and emerging risks.

  • Lead the execution of the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy and the Compliance and Operational Risk Management (CORM) Program for Data Privacy Risks in EMEA.
  • 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.
  • Manage inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities.
  • Analyse and interpret applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks.
  • Respond to regulatory inquiries, other audits, and examinations and identifies regulatory training needs supporting the development of the training curriculum.
  • Review and challenge FLU/CF process, risk, Single Process Inventory and FLU/CF Risk and Control Self-Assessment related to themes or trends.

Requirements:

  • In-depth knowledge of or certification in law, rule, regulation and/or Data Privacy; li>
  • Interpret Relevant Laws, Rules, and Regulations.
  • Understanding of Policies, Procedures, and Guidelines Management.


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