Jobs
>
Charlotte

    Compliance and Operational Risk Manager - Charlotte, United States - Bank of America

    Bank of America
    Bank of America Charlotte, United States

    3 weeks ago

    Bank of America background
    Full time
    Description

    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:

  • Assesses risks and effectiveness of Front Line Unit (FLU) processes and controls to ensure compliance with applicable laws, rules, and regulations, while responding to regulatory inquiries, other audits, and examinations
  • Engages in activities to provide independent compliance and operational risk oversight of FLU or Control Function (CF) performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management Program and Standard Operating Procedures
  • 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
  • Manages inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities
  • Assists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routines
  • Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks
  • 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

    • 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

    • The Compliance and Operational Risk (C&OR) Manager is responsible for engaging 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 relationships in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). As a member of an FLU or CF C&OR officer team, the C&OR Manager is a countable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls. The C&OR Manager proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. The C&OR Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries. The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team, or may act as an individual contributor.

    Requirements:

  • Bachelor's degree or equivalent in Mathematics, Statistics, Finance, or related; and 5 years of experience in the job offered or a related occupation.
  • Must have 5 years of experience in each of the following:

    • Identifying and assessing risk to support developing coverage activities that measure control effectiveness and product/process performance by reviewing and reporting out of data, metrics, quantitative and qualitative information

    Utilizing knowledge of the Global Transaction Services businesses, including product risk management and sales to effectively execute targeted risk assessments and identify applicable Laws, Rules and Regulations;

    Using Tableau to automate manual reporting of monitoring & testing results; and,

    Coordinating with team members to present and implement recommendations and solutions for business oversight, issue identification and submission.

    Shift:

    1st shift (United States of America)

    Hours Per Week:

    40
  • Insight Global

    Market Risk Manager

    6 days ago

    Insight Global Charlotte, United States

    Insight Global is hiring a Market Risk Manager to be at the helm of evaluating, monitoring, and analyzing market risks for our large renewable energy client's wind and solar energy portfolios. This role is pivotal in leveraging expertise in market trend analysis, risk assessment, ...

  • Bank of America

    Risk Management Manager

    2 weeks ago

    Bank of America Charlotte, United States

    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. ...

  • The Bank of America Corporation

    Risk Management Manager

    1 week ago

    The Bank of America Corporation Charlotte, United States

    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 Management, Manager, Risk, Mon ...

  • Kavaliro

    Market Risk Manager

    1 week ago

    Kavaliro Charlotte, United States

    Our client is seeking a Market Risk Manager in Charlotte, NC. The Market Risk Manager is responsible for market risk assessment, monitoring, modeling, and analysis functions for the companies portfolio. As the Manager of Market Risk, you will rely on your expertise in analyzing m ...

  • Kavaliro

    Market Risk Manager

    2 weeks ago

    Kavaliro Charlotte, United States

    Our client is seeking a Market Risk Manager in Charlotte, NC. The Market Risk Manager is responsible for market risk assessment, monitoring, modeling, and analysis functions for the companies portfolio. As the Manager of Market Risk, you will rely on your expertise in analyzing m ...

  • Bank of America

    Risk Management Specialist

    2 weeks ago

    Bank of America Charlotte, United States

    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. ...

  • Bank of America

    Risk Management Manger

    1 week ago

    Bank of America Charlotte, United States

    Job 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 shar ...

  • Strategic Staffing Solutions

    Risk Control Management

    2 weeks ago

    Strategic Staffing Solutions Charlotte, NC, United States

    Risk 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 ...

  • Insight Global

    Market Risk Manager

    2 weeks ago

    Insight Global Charlotte, United States

    Insight Global is hiring a Market Risk Manager to be at the helm of evaluating, monitoring, and analyzing market risks for our large renewable energy clients wind and solar energy portfolios. This role is pivotal in leveraging expertise in market trend analysis, risk assessment, ...

  • Crothall Laundry and linen Services

    Risk & Safety Manager

    4 weeks ago

    Crothall Laundry and linen Services Charlotte, United States

    Core Linen Services is a leader in hospital and hospitality laundry processing services around the country. Our focus is on service, quality and safety which enable our clients to provide essential services to their patients and guests. The Company operates across 20+ states and ...

  • Kavaliro

    Market Risk Manager

    2 days ago

    Kavaliro San Francisco, United States Permanent

    Our client is seeking a Market Risk Manager in Charlotte, NC. The Market Risk Manager is responsible for market risk assessment, monitoring, modeling, and analysis functions for the companies portfolio. As the Manager of Market Risk, you will rely on your expertise in analyzing m ...

  • McGuireWoods

    Risk and Compliance Manager

    1 week ago

    McGuireWoods Charlotte, United States

    Overview · McGuireWoods LLP has an opening for a Manager, Risk Management in our Richmond or Charlotte office. This position provides risk management and support services for the Office of General Counsel (OGC). As part of the risk management team, the Manager, Risk Management s ...

  • Hearst

    Analyst, Risk Management

    1 day ago

    Hearst Charlotte, United States

    Job Description · The Hearst Risk Management & Insurance department supports Hearst's over 360 brands across media, communications, data, and information services in managing the company's insurance portfolio and interfacing with the insurance industry including brokers and insu ...

  • Bank of America

    Liquidity Risk Manager

    1 week ago

    Bank of America Charlotte, United States

    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. ...

  • The Bank of America Corporation

    Risk Management Executive

    1 week ago

    The Bank of America Corporation Charlotte, United States

    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 Management, Executive, Risk, Q ...

  • Grant Thornton

    Regulatory Compliance Risk Manager

    4 days ago

    Grant Thornton Charlotte, United States Full time

    As a Regulatory Compliance and Operational Risk Manager, you will get the opportunity to grow and contribute to our clients' business needs by providing in-depth technical knowledge on emerging regulations and help organizations leverage efficiencies within the Risk Advisory Prac ...

  • Moody's

    AVP- Technology Risk Management

    3 weeks ago

    Moody's Charlotte, United States

    At Moody's, we unite the brightest minds to turn today's risks into tomorrow's opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are—with the freedom to exchange ideas, think innovatively, and listen to each other ...

  • Truist

    Enterprise Change Risk Manager

    1 week ago

    Truist Charlotte, United States Full time

    ESSENTIAL DUTIES AND RESPONSIBILITIES · Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. · 1. Use subject matter expertise and ind ...

  • Social Finance Ltd

    Enterprise Risk Management, Reputational Risk Oversight Senior Manager

    3 weeks ago

    Social Finance Ltd Charlotte, United States

    Employee Applicant Privacy Notice · Who we are: · Shape a brighter financial future with us. · Together with our members, we're changing the way people think about and interact with personal finance. · We're a next-generation financial services company and national bank using inn ...

  • U.S. Bank

    Senior Audit Manager – Enterprise Risk Management and Climate Risk

    2 days ago

    U.S. Bank Charlotte, United States Full time

    At 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 ...