Job Description:
Job Description
This job is responsible for providing risk oversight and advice to the Line of Business (LOB) on risk management issues. Key responsibilities include identifying risks to which the LOB is exposed, implementing measures to prevent and mitigate losses, and monitoring risk outcomes. Job expectations may include the ability to recognize all risk categories including credit, market, operational and compliance, as well as directing risk staff or participating in establish risk management procedures and standards.
Responsibilities:
- Conducts quality assurance activities of internal issues portfolios for multiple lines of business
- Engages with key stakeholders to provide feedback and influence change
- Participates in establishing risk management procedures and standards
- Ensures adherence to the policies and procedures established by the company
- Develops risk management analyses and reports.
Required Skills:
- 5+ years of financial services experience within Risk Management, Audit or the execution of quality assurance activities.
- Advanced understanding of issue management processes.
- Knowledgeable of Bank of America’s business lines, operations, organizational structure, senior executives, etc.
- Strong data analysis and problem-solving skills.
- Strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility.
- Self-starter with excellent anticipation skills; problem solving; follow up.
Skills:
- Analytical Thinking
- Coaching
- Critical Thinking
- Liquidity Management
- Collaboration
- Oral Communications
- Portfolio Analysis
- Presentation Skills
- Written Communications
- Issue Management
- Monitoring, Surveillance, and Testing
- Regulatory Compliance
- Technical Documentation
- Trading Strategy
1st shift (United States of America)