- Assesses risks, associated controls and their effectiveness, driving compliance with applicable laws, rules, and regulations and adhering to policies.
- Engages in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function (FLU/CF) performance and any related third party/vendor
- Identifies and escalates problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses, including opening new issues or raising a formal CORM challenge
- Monitoring of FLU/CF processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities.
- Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks including monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintaining a comprehensive regulatory inventory, while supporting communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements
- Responds to regulatory inquiries, other audits, and examinations and identifies regulatory training needs supporting the development of the training curriculum.
- Reviews and challenges FLU/CF process, risk, Single Process Inventory and FLU/CF Risk and Control Self-Assessment related to themes or trends, while monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage.Required Skills:
- 10 Years+ experience banking operations, audit or compliance or operational risk experience at a large financial firm
- Knowledge of payments systems (wires, ACH) or payment products a plus
- Knowledge of GTS products and services a plus
- Ability to collaboration and work in close partnership across teams
- Excellent communication skills both oral and written
- Bachelor's degree or equivalent work experienceDesired Skills:
- Knowledge of GTS products and services with a focus on payments systems or payment productsShift:1st shift (United States of America)Hours Per Week: 40
-
Risk Management Manager
1 day ago
Bank of America Charlotte, United States OTHERJob 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. ...
-
Risk Management Manager
3 weeks ago
Bank of America Charlotte, United States Full timeJob 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. ...
-
Risk Management Executive
1 week ago
Bank of America Charlotte, United StatesJob 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. ...
-
Risk Control Management
5 days ago
Strategic Staffing Solutions Charlotte, United StatesRisk Control Management · Duration- 5 Months · Hybrid: 3 days in office · Locations: · • Charlotte, NC · • St Louis · • Irving TX · Rate: $50-$55 · Additional Skills: · • RCSA-RUN Workshops in a banking institution · • SNOW-Preferred · • Workshop experience · • Need someone with ...
-
Risk Project Manager
6 days ago
Insight Global Charlotte, United StatesMUST HAVES: · 5+ years of project management experience · Risk management experience · PLUSSES: · Bank of America experience · Financial industry experience · DAY TO DAY: · An employer is seeking a Risk Project Manager for a large financial client sitting in Charlotte, NC. The ...
-
Credit Risk Manager
1 week ago
U.S. Bank Charlotte, United StatesAt U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each ...
-
Risk Management Specialist
1 week ago
Ryan Specialty Charlotte, United StatesPosition Summary: · The Risk Management Specialist will be responsible for reviewing accounts to minimize loss, research control issues, and represent the a MGU in risk management. The individual will be responsible to perform their duties with a high degree of competency and mi ...
-
AVP-Risk Management
6 days ago
Moody's Charlotte, United StatesThe Assistance Vice President Risk Management provides leadership and support to deliver creative and efficient solutions in coordination with 1st line of defense technology team. This role is responsible for individually contributing to drive risk m Management, Risk, IT, Control ...
-
Market Risk Manager
2 weeks ago
Deriva Energy Charlotte, United StatesJoin the team of an established leader in clean energy, with 5,900 megawatts of operating and under construction wind, utility scale solar and storage assets across the U.S. Formerly known as Duke Energy Renewables, Deriva Energy is a portfolio company of Brookfield, one of the w ...
-
Fraud & Risk Manager
1 week ago
Acre Rewards Charlotte, United StatesCompany Overview · Acre is on a mission to make every home more affordable and rewarding. Led by a world class team of repeat founders and fintech operators from Uber, Amex, Robinhood, Capital One, BILT, Cash App, Square, Zillow, LendingTree, and Spotify, they are creating the h ...
-
Market Risk Manager
1 week ago
Brookfield Renewable Charlotte, United StatesJoin the team of an established leader in clean energy, with 5,900 megawatts of operating and under construction wind, utility scale solar and storage assets across the U.S. Formerly known as Duke Energy Renewables, Deriva Energy is a portfolio company of Brookfield, one of the w ...
-
Manager, Liquidity Risk
2 weeks ago
KPMG Charlotte, United States**Business Title:** Manager, Liquidity Risk · **Requisition Number:** · **Function:** Advisory · **Area of Interest:** · **State:** NC · **City:** Charlotte · **Description:** · The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client ...
-
Manager, Liquidity Risk
2 weeks ago
KPMG Charlotte, United States**Business Title:** Manager, Liquidity Risk · **Requisition Number:** · **Function:** Advisory · **Area of Interest:** · **State:** NC · **City:** Charlotte · **Description:** · The KPMG Advisory practice is currently our fastest growing practice. We are seeing tremendous client ...
-
U.S. Bank Charlotte, United States Full timeAt U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each ...
-
Compliance and Operational Risk Manager
1 week ago
The Bank of America Corporation Charlotte, United StatesAt 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 Risk Manager, Risk, Compliance ...
-
Compliance and Operational Risk Manager
1 week ago
The Bank of America Corporation Charlotte, United StatesAt 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 Risk Manager, Risk, Compliance ...
-
Compliance and Operational Risk Manager
6 days ago
Bank of America Charlotte, United States OTHERJob 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. ...
-
Risk Management Sr Specialist
1 week ago
Bank of America Charlotte, United StatesRisk Management Sr Specialist page is loaded · Risk Management Sr Specialist · Apply · locations · Charlotte · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · Job Description: · At Bank of America, we are guided by a common purpose to help m ...
-
Digital Security and Risk Manager
2 weeks ago
TTX Company Charlotte, United StatesCome join us · TTX is now in Charlotte Following a robust assessment, TTX determined Charlotte to be an ideal location to sustain our business success and provide continued value to the North American rail industry. Beyond that, locals know that Charlotte is a fast-growing hub fo ...
-
Cyber Security Risk Manager
1 week ago
Collabera Charlotte, United StatesClient: Banking/Finance · Location: Charlotte, NC and Chandler, AZ (Hybrid) · Position: Cyber Security Risk Manager · Duration: 18-24 month · Job Description: · Ideal candidate will have a well-rounded application of cyber security risk management principles, DLP operations, reg ...
Compliance & Ops Risk Manager - Charlotte, United States - Bank of America
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 the execution of the Compliance and Operational Risk Management (CORM) Program. Key responsibilities include identifying, escalating, and mitigating risks in a timely manner, engaging with Front Line Units and Control Functions (FLU/CF) leaders globally and with other Compliance and Operational Risk Officer teams, executing the CORM Program and the Policies, identifying themes and trends, and conducting analysis for new and emerging risks.
The role will provide CORM coverage of Global Payment Operations (GPO). GPO are responsible to delivers global wire transfers processing, ACH payments for institutional and consumer customers.
Responsibilities:
Compliance & Ops Risk Manager professionals in Charlotte
-
David Clayton
Logistics Professional
-
Lisa Miller
Scrum Master | PSM, SAFe 5