Compliance and Operational Risk Manager

At Bank of America, we are looking for a dynamic, experienced Compliance and Operational Risk Manager with a passion for the banking industry and a drive to help us meet our risk management goals. This position is a critical part of our organization and is responsible for providing leadership and oversight of our compliance and operational risk management activities and programs.The ideal candidate for this role will have extensive experience in compliance and operational risk management, including a thorough understanding of relevant regulations and industry best practices. They should have excellent problem-solving skills, the ability to think strategically and a keen attention to detail. The successful candidate will be an innovative thinker and have a proven track record of developing and implementing effective risk management strategies.We are looking for a Compliance and Operational Risk Manager who can work collaboratively with stakeholders from across the organization and build strong, trusting relationships with our partners. The successful candidate must be able to effectively communicate their ideas and findings to all levels of the organization in a clear and concise way.If this sounds like the ideal opportunity for you, please apply today and join our team!

Responsibilities:

1. Develop and implement effective compliance and operational risk management strategies.
2. Monitor compliance and operational risk management activities and programs.
3. Identify and analyze potential risks to the organization.
4. Identify and document processes and procedures to mitigate risk.
5. Provide guidance and advice to stakeholders on risk management initiatives.
6. Develop and maintain relationships with internal and external partners.
7. Prepare and present risk reports to the Board of Directors.
8. Develop and maintain compliance and operational risk management policies and procedures.
9. Monitor industry trends and regulatory changes to ensure compliance.
10. Stay up to date on best practices and emerging technologies in the risk management industry.

According to JobzMall, the average salary range for a Compliance and Operational Risk Manager in New York, NY, USA is between $95,000 and $150,000 per year.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.