Bank Of America Director Compliance Operational Risk Manager 

United States, North Carolina, Charlotte 

829874295

Responsibilities:

• Create global coverage plan which defines the scope and focus of the second line's risk management activities.

• Establish, monitor, and report on enterprise risk tolerance metric(s) that are translated and connected to relevant business metrics (Key Risk Indicators).

• Monitor global regulatory environment and participate in industry forums to identify areas of focus and conduct benchmarking.

• Create and maintain a global regulatory inventory, communicate regulatory changes to and engage the FLU/CF in assessing impacts of regulatory changes for enterprise area of coverage.

• Develop and maintain relevant policies or review relevant FLU / CF policies to ensure they reflect regulatory and operational risk requirements.

• Develop risk coverage strategies for financial institutions using deep subject matter expertise related to the regulatory environment, understand external events, and business processes that present increased compliance or operational risk.

• Execute assessments centered on processes and regulations to evaluate the control environment sufficiency and sustainability.

• Communicate with senior stakeholders to influence decisions and strategy regarding process health, control adequacy and performance, governance and escalation, and driving a culture of improvement.

• Build and implement risk-based coverage, including Monitoring, Testing and Targeted Assessments to assess process control adequacy and performance.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Bachelor's degree or equivalent in Economics, Mathematics, Statistics or related: and

• 5 years of progressively responsible experience in the job offered or a related Quantitative occupation.

• Must include 5 years of experience in each of the following:

• Developing risk coverage strategies for financial institutions using deep subject matter expertise related to the regulatory environment, understanding external events, and business processes that present increased compliance or operational risk;

• Executing assessments centered on processes and regulations to evaluate the control environment sufficiency and sustainability;

• Communicating with senior stakeholders to influence decisions and strategy regarding process health, control adequacy and performance, governance and escalation, and driving a culture of improvement; and,

• Building and implementing risk-based coverage, including Monitoring, Testing and Targeted Assessments to assess process control adequacy and performance.

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

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1st shift (United States of America)