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 Summary

　　The Volcker Enterprise Area of Coverage (EAC) Global Compliance & Operational Risk (GCOR) Manager is a person who has a broad financial services experience with a strong knowledge of markets, compliance risk management practices, trading products and functional knowledge of the Volcker Rule. The EAC GCOR Manager will be responsible for the execution of the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management (CORM) Program. The EAC GCOR Manager will identify, escalate, and mitigate risks in a timely manner in alignment with the CORM Program and Volcker Policies. The individual will engage with Front Line Unit (FLU) and Control Function (CF) leaders globally, coordinating with other FLU and CF GCOR teams, to independently advise those leaders on effectively managing the risks related to their respective lines of business. By executing the CORM Program and the Policies, the EAC GCOR Manager identifies compliance and operational risk themes and trends, conducts analysis for new and emerging risks, and recommends approaches to mitigate those risks.

　　Key Requirements:

　　Individual will be part of the Volcker Enterprise Area of Coverage team which covers compliance with the Volcker Program across Bank of America (all business lines) globally; key requirements for the role:

　　7+ years' experience covering markets compliance for a major U.S. institutional broker-dealer or bankWorking knowledge of the Volcker RuleStrong knowledge of risk and control management frameworks and ability to analyze business results to identify emerging risksDetail-oriented and ability to work in a fast-paced environment, under pressure;Ability to communicate clearly both orally and in writing with senior stakeholders and external parties;Strong interpersonal skills; andAbility to lead projects and drive change with senior business and other control functions.Bachelor's degree or equivalent work experience

　　Volcker EAC

　　The Enterprise Area of Coverage (EAC) Compliance & Operational Risk (C&OR) Manager is a subject matter expert on specific processes, controls, laws, rules and/or regulations that have enterprise-wide applicability, affecting two or more Front Line Units ("FLU") or Control Functions ("CF"). This role is responsible for the execution of the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program. The EAC C&OR Manager identifies, escalates and mitigates risks in a timely manner in alignment with the CORM Program and the Policies. The role engages with FLU/CF leaders globally, coordinating with the FLU/CF C&OR Officer teams to independently advise those leaders on effectively managing the risks related to their area of coverage. By executing the CORM Program and the Policies, the EAC C&OR Manager identifies themes and trends, conducts analysis for new and emerging risks and recommends approaches to mitigate these risks.The EAC C&OR Manager assists in engaging other C&OR officers, including horizontal coverage owners and EAC, to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. The EAC C&OR Manager also assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiriesActivities this role performs for their area of coverage (compliance with the Volcker Rule) include, but are not limited to:

　　Produces and/or oversees the development of independent risk management reporting as input into governance and management routinesIdentifies regulatory training needs and provides subject matter expertise to support the development of training curriculumDevelops and maintains C&OR-owned policies/standards and reviews relevant FLU/CF-owned policies and standards to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicableMonitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventoryIdentifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancementsEnsures C&OR issues and control enhancements are identified and addressed appropriately and timelyContributes to or leads development of risk coverage plans, executes and / or oversees execution of monitoring, testing and risk assessments, and communicates resultsReviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA) related to EAC themes or trendsReviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriateParticipates in Scenario Analysis activities for coverage areas and challenges as appropriateEnsures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation

　　Shift:

　　1st shift (United States of America)

　　Hours Per Week:

　　40