Country Compliance and Operational Risk Manager
5 days ago
Company Overview:
At Bank of America, we prioritize Responsible Growth, striving to make financial lives better through connections. We're guided by a shared purpose and work towards being a great place to work for our teammates worldwide. Our company values diversity, inclusivity, and offers competitive benefits to support physical, emotional, and financial well-being.
We believe in the power of working together and offer flexibility to employees depending on their roles. This approach enables us to grow, learn, and make an impact while making a difference.
Job Description:
- We seek a seasoned professional to lead the Global Compliance and Operational Risk (GCOR) Program in the country, ensuring timely delivery of each element to the required standard.
- This role involves providing independent country Compliance and Operational Risk (COR) reporting to GCOR senior leaders, country management, and legal entity management via established governance routines.
- The successful candidate will maintain knowledge of compliance and operational risks in the country, representing GCOR on country senior management forums, and escalating issues or concerns.
- They will engage with local regulators, participating in meetings between business leaders and regulators, and supporting responses to regulatory inquiries.
- Maintaining a comprehensive regulatory inventory is crucial, identifying and assessing law, rule, and regulation changes affecting activities in the country, advising business leaders, and directing actions by impacted COR teams.
- Ensuring Compliance and Operational Risk 'owned' issues are addressed appropriately and timely is also essential.
Required Skills:
- Attention to Detail
- Interpret Relevant Laws, Rules, and Regulations
- Regulatory Compliance
- Risk Management
- Written Communications
- Active Listening
- Critical Thinking
- Influence
- Issue Management
- Policies, Procedures, and Guidelines
- Decision Making
- Monitoring, Surveillance, and Testing
- Negotiation
- Process Management
- Relationship Building
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