Compliance and Operational Risk Manager- Global Banking & Payments
Company: Disability Solutions
Location: Charlotte
Posted on: May 9, 2024
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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
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 Global Compliance and
Operational Risk (GCOR) role is part of the cross-product program
team supporting GCOR coverage of Global Corporate & Investment
Banking, Global Commercial Banking, Business Banking, Enterprise
Payments, Global Research and Enterprise Credit (collectively
"Global Banking & Payments"). This newly-formed team executes
cross-product program activities (e.g., data, privacy) as well as
supports Global Banking and Payments GCOR officers covering each of
the seven front line units (FLUs) within Global Banking and
Payments. Examples of potential responsibilities include generating
reporting regarding program elements for the Global Banking &
Payments team, providing updates regarding new enterprise
initiatives or requirements, assisting with regulatory exams,
updating policies or drafting policies and procedures required for
the team to execute its program, ensuring consistent results and
output from the Global Banking and Payments GCOR FLU officers
covering. This team also becomes subject matter experts on certain
GCOR Program Elements as well as Enterprise requirements (e.g.,
Single Process Inventory, third-party requirements) relevant to
Global Banking and Payments. Other general responsibilities may
include: --- Respond to regulatory inquiries, other audits, and
examinations--- Engage in activities to provide independent
compliance and operational risk oversight of FLU 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--- 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--- Assist
in the development of independent risk management reporting The
role will be required to become familiar with all of GCOR program
elements, generally understand the business activities of the FLUs
in Global Banking & Payments, and coordinate the program elements
across these businesses. Organization, teamwork, an eagerness to
learn new things, and the ability to execute in the face of
complexity are critical for this role. Responsibilities:
Keywords: Disability Solutions, Huntersville , Compliance and Operational Risk Manager- Global Banking & Payments, Executive , Charlotte, North Carolina
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