Bank Of America Risk Management Manager 

United States, North Carolina, Charlotte 

474835382

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:

• Responsible for maintaining the Enterprise Process for Issues Management and associated Policies, Procedures and Standards.
• Defines program controls, processes, metrics, procedures, reporting, and governance/oversight routines.
• Identify control deficiencies, discuss, review, and make recommendations for process improvements and initiate recommendations as needed.
• Engages in key initiatives designed to enhance process and oversee their implementation.
• Engages with key stakeholders to provide feedback and influence change, collaborating with cross-functional teams.
• Develop and produce risk management analysis and reporting.
• May serve as Product Owner for Enterprise Issues Management system of record including communication of the product vision and roadmap to stakeholders.
• Collaborate with stakeholders to understand their needs and with some guidance, create and prioritize stories in the product backlog.
• Participates in establishing risk management procedures and standards.
• Conducts execution of risk framework activities including independent monitoring and testing of controls and risk management processes for the Line of Business (LOB).
• Ensures adherence to the policies and procedures established by the company.
• Manages risk requests, breach remediations and providing risk effective challenges for front line units.
• Develops risk management analyses, reports, and approval procedures and guidelines on risk limits by type of product and/or transaction.

Required Qualifications:

• 7+ years of financial industry or risk experience
• Intense attention to accuracy, detail, and consistency
• Strong analytical skills and ability to effectively challenge information.
• Strong communication skills: ability to communicate effectively both in writing and verbally and to feel comfortable delivering insights and recommendations to senior management.
• Comfortable taking initiative and being resourceful/entrepreneurial.
• Ability to work well under pressure in a fast-paced, deadline-specific environment.
• Excellent organizational skills with a keen ability to prioritize daily tasks with project work as well as ad-hoc requests.
• Proven verbal and written communication skills and presentation skills
• Proficiency in using MS Word, Excel, PowerPoint, SharePoint

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)