Bank Of America Country Compliance Operational Risk Manager 

China, Shanghai, Shanghai 

180997846

This job is responsible for ensuring the identification, escalation, and timely mitigation of compliance and operational risks in the country in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy and the Compliance and Operational Risk Management Program and Standard Operating Procedures. Key responsibilities include the timely oversight of the changes of local Laws, rules and regulations ( LRRs), to provide comprehensive oversight of Front Line Unit (FLU) and Control Function (CF) activities, including preparing or coordinating the preparation of materials for regulatory reports, surveys , self-inspections etc., and COR regulatory exams, audits, and inquiries and may provide consultation to business leaders in preparation for FLU and CF regulatory exams, audits, and inquiries. Job expectations may also include some solid global banking business knowledge so that business inquiry can be solved.

Responsibilities:

• Oversight of the changes of local regulations, timely notify the appropriate parties for implementation/awareness; in addition, oversight of the various regulatory notices/messages received by other teams/channels and further notify the appropriate parties;

• Routine regulatory reports preparation, coordination, and timely submission;

• Coordinate with appropriate parties for regulatory and industry organizations’ ad-hoc surveys/requests/self-inspections and ensure the timely submission;

• Liaise with local regulators and work as a bridge between the bank and regulator;

• Work on with the manager for the regulatory on-site inspection; Coordinate and follow up for the related on-site inspection potential issues;

• Work as the coordinator for the GCOR team for external audit to the bank;

• Equip some solid business knowledge of global banking business, including but not limited to payments and receipts, as well as trade finance or general purpose loan related products, so that business (front line units and Ops)’s inquiry can be solved;

• Other tasks assigned by the manager from time to time.

Skills:

• Attention to Detail
• Interpret Relevant Laws, Rules, and Regulations
• Regulatory Compliance
• Risk Management
• Written Communications
• Active Listening
• Critical Thinking
• Influence
• Issue Management
• Policies, Procedures, and Guidelines
• Cooperation and coordination
• Negotiation
• Process Management
• Relationship Building
• Decision-making
• Resilience and can work under pressure