Bank of America
Risk Lead – Global Corporate & Investment Banking Technology, Anti-Money Laundering and Capital Markets
This job is now closed
Job Description
- Req#: 24048674
- Lead for Risk management function, coordinating day-to-day activities and overseeing strategic planning and execution
- Representation of the AML and CM team in cross-functional forums and working groups
- Management of key partnerships across various stakeholder groups, including engagement with senior leaders
- Completes administrative and non-technical tasks related to risk, security, and other compliance deliverables (e.g., access reviews, assessments, questionnaires, and procedural requirements) on time and per requirements for the application supported
- Tracks and supports the technical security and risk activities performed by the development teams (e.g., remediation of non permitted technology or security vulnerabilities, technical recovery planning, and disaster recovery exercises)
- Works with technology infrastructure teams to incorporate infrastructure requirements, including requests for additional storage
- Assists with audit exams and risk assessments for applications
- Works closely with vendors for vendor applications to ensure they meet bank requirements
- Maintains data about the application in AppHQ and other systems of record
- Assists with ad hoc inquiries and questions about applications
- 5+ year of risk management experience (regulatory, operational risk, compliance, etc.) with proven ability to effectively apply risk principles to complex business situations
- Experience with presenting to senior leaders and proficient in constructing executive level reporting
- Experience with working on Issues and / or MRAs, Consent Orders, or Regulatory Deliverables
- Self-starter, highly organized, with excellent time management skills and the ability to juggle multiple, competing priorities
- Strong relationship management and interpersonal skills
- Ability to influence horizontally and vertically across the organization and diverse audiences with varying degrees of technical understanding
- Application Development
- Architecture
- Collaboration
- DevOps Practices
- Risk Management
- Analytical Thinking
- Data Management
- Financial Management
- Solution Delivery Process
- Technical Strategy Development
- Agile Practices
- Automation
- Result Orientation
- Solution Design
- Test Engineering
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for completing and tracking compliance deliverables to ensure applications adhere to policies and standards as well as local laws, rules, and regulations. Key responsibilities include supporting compliance deliverables and infrastructure requests, vendors, development teams, and technology managers to ensure timely completion of compliance activities. Job expectations include partnering with control functions, risk management, and Global Information Security teams to complete compliance deliverables effectively and efficiently.Functional risk lead for the Anti-Money Laundering and Capital Markets (AML and CM) team under Global Corporate & Investment Banking Technology (GCIBT). Responsible for the management and successful completion of Issues Management activities, Audit reviews, and regulatory requests. Work closely with Subject Matter Experts, AML and CM SLT members, cross-functional teams, and Risk partners. Accountable for driving effective oversight of Issues Management deliverables and Audit engagements, leveraging expertise in information security frameworks, standards, policies, controls, laws, rules, and regulations. Provide support and guidance to stakeholders navigating these activities by coordinating efforts to mitigate / remediate information security risks, and by providing critical reporting of Risk / Issues / Audit activities to SLT and Risk stakeholders.
Responsibilities:
Required Qualifications:
Skills:
Shift:
1st shift (United States of America)Hours Per Week:
40About the company
Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.