Bank Of America Compliance Operational Risk Specialist 

Ireland, Dublin 

37762673

Responsibilities

• Assess risks, associated controls and their effectiveness, while driving compliance with applicable laws, rules, and regulations, adherence to policies, and develop reporting and documentation
• Provide independent compliance and operational risk oversight of FLU performance and any related third party/vendor relationships in alignment with the Policies and the Compliance and Operational Risk Management Program and Standard Operating Procedures
• Review and challenge internal and external operational loss events, including development of remediation plans to strengthen controls
• Review and challenge the FLU Single Process Inventory (SPI), and FLU component of the Risk Self-Assessment (RSA)
• Develop and deliver training content where applicable
• Identify emerging compliance and operational risks, and provide a second line of defence assessment of the control environment
• Identify and escalate problems or issues that arise and drive actions to address the root causes that lead to compliance risk issues and/or operational risk losses
• Develop independent risk management reporting for respective area(s) of coverage as input into management routines
• Respond to regulatory inquiries and other audits and examinations
• Monitor the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintain a comprehensive regulatory inventory

What we are looking for:

• Industry knowledge of Global Banking lines of business, including Corporate and Investment Banking, Capital Markets, and Global Payments and Merchant Services. Global Markets knowledge will also be advantageous
• Thorough understanding of EU regulatory landscape, framework, and areas of focus (MAR, MIFID, EMIR, PSD2)
• Demonstrable compliance and risk management experience
• A flexible and solution oriented perspective, with the desire and intellectual curiosity to find answers to complex issues
• Willingness to learn beyond the task or job at hand
• Highly motivated and proactive team player

Skills that will help:

• Critical thinking and the ability to review and challenge
• Technical proficiency in data gathering and reporting: Microsoft Office applications (Excel, PowerPoint, Word); navigating internal systems and databases
• Excellent written communication and presentation skills
• Excellent influencing and interpersonal skills

Ireland

• 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 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 Employee Assistance Program for confidential support and help for everyday matters
• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan
• Ability to donate to charities of your choice and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’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.