Bank Of America Compliance & Operational Risk Manager 

France, Ile-de-France, Paris 

160113413

Job Description:

Job Title:Compliance and Operational Risk Manager

VP

Role Description:

This job is responsible for executing second line of defence compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties. Key responsibilities include ensuring requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively “the Policies”), the Compliance and Operational Risk Management Program and Standard Operating Procedures are implemented and identifying, investigating, escalating, and mitigating risks in a timely manner.

Responsibilities:

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

• Engage in activities to provide support to the Compliance & Operational Risk team to provide compliance and operational risk oversight of Front Line Unit or Control Function performance.

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

• Assist with investigation of escalated trade surveillance alerts and continual enhancement of the trade surveillance program elements.

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

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

• Assist in responding to trading venue and regulatory inquiries, and other audits and/or examinations.

• Knowledge of the regulatory environment and applying regulatory changes to area(s) of coverage.

What we are looking for:

• A versatile, confident individual with relevant work experience in Compliance and/or Operational Risk, or within a FICC business.

• Ability to engage and communicate confidently and professionally with Trading and Sales teams, and with other internal stakeholders.

• Knowledge of relevant EU and US regulations, including but not limited to MiFID II, MAR, Dodd Frank, Volcker.

• Familiarity with policies and guidelines.

• Ability to interpret relevant laws, rules and regulations.

• Excellent communication skills.

Skills that will help:

• Ability to work in a high-energy and demanding environment, taking care of multiple things at one time

• Previous experience in a surveillance, monitoring and testing role is desirable but not mandatory.

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.