Bank Of America Compliance Operational Risk Manager Finance 

France, Ile-de-France, Paris 

294476380

Role Description:

The CFO (Chief Financial Office) C&OR team is responsible for independent compliance and operational risk oversight of the CFO Group, Enterprise Stress Testing, Global Resolution and Recovery Planning and Regulation W related activities across the firm. The CFO C&OR Specialist is responsible for executing activities to provide independent compliance and operational risk oversight of key CFO functions responsible for managing the firm’s capital, liquidity and earnings risks. The primary focus of this role will be executing CFO-related activities in France, albeit the C&OR specialist will support the wider CFO C&OR EMEA team in capital and liquidity matters.

Responsibilities:

• Assists in the development of independent risk management reporting for respective area(s) of coverage as input into governance and management routines

• Assists with the development and maintenance of C&OR owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable

• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support 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 requirements

• Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements

• Contributes to risk coverage plan development, executes independent risk monitoring, testing, and risk assessments, communicates results

• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)

• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls

• Support and participate in Legal Entity and country governance routines, including Permanent Control Council and Management Risk Committee as needed, as well as BofASE GCOR governance routines.

• Coordinate on relevant matters with BofASE regulators, including the ECB, ACPR and AMF.

• Intellectual curiosity – approaches each day with a curious mindset; effectively uses inquiry to uncover facts and circumstances; consistently applies critical thinking.

• Communication - ability to communicate effectively and with impact, including good writing and presentation skills.

• Collaboration - Develops networks and builds alliances; collaborates across boundaries to build strategic relationships and achieve common goals. Influencing and negotiating across external stakeholders (regulators) as well as internal groups

• Innovative - ability to identify simpler and better ways of doing things; embraces and adapts to change well.

• Autonomy – self-starting, able to translate broad-strokes to actions. Actively seeks and executes on value-added opportunities.

• Influence - ability to influence stakeholders and drive agenda. Leveraging Diversity- Fosters an inclusive workplace where diversity and individual differences are valued and leveraged to achieve the vision and mission of the organization. Exposure and involvement with Employee Engagement initiatives including supporting Diversity & Inclusion efforts

France

• Competitive retirement plan in addition to State plans

• Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.

• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers

• Life and disability insurance

• Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later

• Reimbursement of 50% of your commuter pass

• Nursery scheme for children under age 3

• Works council benefits

• Access to an Employee Assistance Programme for confidential support and help for everyday matters

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities

• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.