Bank of America
Compliance & Operational Risk Specialist - Trade Surveillance
Bank of America, Charlotte, North Carolina, United States, 28245
Compliance & Operational Risk Specialist - Trade Surveillance
Charlotte, North Carolina, United States
To proceed with your application, you must be at least 18 years of age.
Age requirement: Must at least be 18 years of age.
Job Description This job is responsible for assisting the FX (Foreign Currency) Compliance and Operational Risk officer team to execute 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
Assists in assessing risks, associated controls and their effectiveness, while driving compliance with applicable laws, rules, and regulations, adhering to policies, and developing reporting and documentation
Engages in activities to provide support to the FX (Foreign Currency) Compliance and Operational Risk teams in order to provide independent compliance and operational risk oversight of Front Line Unit or Control Function 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
Assists in identifying and escalating problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses
Assists in the development of independent risk management reporting for respective area(s) of coverage as input into management routines
Assists in responding to regulatory inquiries and other audits and examinations
Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory
Skills
FX Product knowledge
Understanding of Trade Flow
Process Management
Regulatory Compliance
Reporting
Attention to Detail
Critical Thinking
Interpret Relevant Laws, Rules, and Regulations
Issue Management
Policies, Procedures, and Guidelines Management
Business Process Analysis
Required Qualifications
5 years minimum of FX (Foreign Currency) product knowledge or trade flows
Bachelor’s Degree or equivalent experience
Shift 1st shift (United States of America)
Hours Per Week 40
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To proceed with your application, you must be at least 18 years of age.
Age requirement: Must at least be 18 years of age.
Job Description This job is responsible for assisting the FX (Foreign Currency) Compliance and Operational Risk officer team to execute 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
Assists in assessing risks, associated controls and their effectiveness, while driving compliance with applicable laws, rules, and regulations, adhering to policies, and developing reporting and documentation
Engages in activities to provide support to the FX (Foreign Currency) Compliance and Operational Risk teams in order to provide independent compliance and operational risk oversight of Front Line Unit or Control Function 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
Assists in identifying and escalating problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses
Assists in the development of independent risk management reporting for respective area(s) of coverage as input into management routines
Assists in responding to regulatory inquiries and other audits and examinations
Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory
Skills
FX Product knowledge
Understanding of Trade Flow
Process Management
Regulatory Compliance
Reporting
Attention to Detail
Critical Thinking
Interpret Relevant Laws, Rules, and Regulations
Issue Management
Policies, Procedures, and Guidelines Management
Business Process Analysis
Required Qualifications
5 years minimum of FX (Foreign Currency) product knowledge or trade flows
Bachelor’s Degree or equivalent experience
Shift 1st shift (United States of America)
Hours Per Week 40
Important notice: By clicking Continue , you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security. Bank of America is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other websites. Please refer to the website’s posted privacy terms and use.
You can click the
Continue
button to proceed or the
Cancel
button to return to the previous page.
#J-18808-Ljbffr