Compliance and Operational Risk Manager- Small Business job in Newark
Newark Bank of America
Job Ref: | 24013837 |
Employer: | Bank of America |
Category: | Risk Management |
Job Type: | Full Time |
Location | |
City: | Newark |
Map: | Newark (Show on map) |
Description | |
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Job Description: This job is responsible for executing second line of defense 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, challenging, escalating, and mitigating risks in a timely manner. Responsibilities:
Managerial Responsibilities: This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
Job Description: This job is responsible for executing second line of defense 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, challenging, escalating, and mitigating risks in a timely manner. Skills: • Advisory • Monitoring, Surveillance, and Testing • Regulatory Compliance • Reporting • Risk Management • Critical Thinking • Influence • Interpret Relevant Laws, Rules, and Regulations • Issue Management • Policies, Procedures, and Guidelines Management • Business Process Analysis • Decision Making • Negotiation • Process Management • Written Communications Desired qualifications: • 7 years of risk management experience which can include Compliance, operational and/or credit risk, credit risk, business controls and Audit • Knowledge of Small Business Products and Processes obtained through risk work or directly working in the FLU • Intellectual curiosity - the ability to identify issues and root causes and escalate as appropriate with business leaders • Ability to influence business leaders by building trust through demonstrated knowledge of risk disciplines and business processes Shift: 1st shift (United States of America) Hours Per Week: 40 |
ref: (24013837) 10 days ago
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