Bank Of America Compliance & Operational Risk Manager - 

United Kingdom, England, London 

734957915

Job Description:

Job Title:Compliance & Operational Risk Manager - Global Corporate & Investment Banking / Capital Markets

Up to Director

Responsibilities:

• Provide ongoing Compliance coverage for EMEA GCIB with a particular focus on Capital Markets, including Equity Capital Markets (ECM), Debt Capital Markets (DCM) and Leveraged Finance businesses. Provide additional support to other EMEA GCIB coverage areas including Investment Banking as required

• Assist in assessing risks, associated controls, and their effectiveness, while driving compliance with applicable laws, rules, and regulations, adhering to policies, and developing reporting and documentation.

• Engage in activities to provide support to the Compliance and Operational Risk function to provide independent compliance and operational risk oversight of Front Line Unit performance in alignment with the Compliance and Operational Risk Management Program and Standard Operating Procedures.

• Assist in identifying and escalating problems or issues that arise and drive actions to address the root causes that lead to compliance risk issues and/or operational risk losses.

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

• Conduct monitoring and provide independent review and challenge to the Front Line Unit.

• Assist in responding to regulatory inquiries as well as other audits and examinations.

• Monitor the regulatory environment to identify regulatory changes applicable to area(s) of coverage, and execute Targeted Assessments aligned to relevant themes or trends.

• Review and challenge relevant processes and risks, including those defined in Single Process Inventory (SPI).

What we are looking for:

• A versatile, confident individual with significant, relevant work experience in a similar GCIB compliance and/or operational risk role, with a detailed understanding of Capital Markets, private side business, and banking products.

• Strong written and verbal communication skills. Ability to engage and communicate confidently and professionally with the business, as well as other internal and external stakeholders.

• Knowledge of the UK, European and US regulatory framework including (but not limited to) MAR and MiFID II.

• Ability to interpret relevant laws, rules, and regulations.

• Confident in managing policies, procedures, and guidelines.

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

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

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

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

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