Risk Management Manager
Charlotte, North Carolina;Chicago, Illinois
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!
The Risk Management Manager will be a key leader within the Enterprise Issues Management Function, which resides within Global Risk Management.
The Risk Management Manager will be responsible for the evaluation, strategic design, ongoing enhancement and maintenance of the Enterprise Issue Management Quality Assurance Workflow and Monitoring tool.
Responsibilities:
- Participate in workstreams to evaluate, design, and enhance applications and tools to meet the needs of Enterprise Issues Management Quality Assurance (QA)/Quality Control (QC).
- Serve as Product Owner for QA/QC Workflow Tool will include documenting Roles & Responsibilities, process flows, supporting QRGs and user guides.
- Perform all tasks associated with application management including developing and prioritizing enhancements to drive changes to technology to meet regulatory commitments.
- In partnership with Technology, design and lead related testing for QA Workflow deployments, create and distribute communications to EIM end users about releases, outages etc.
- Oversee downstream data feed management including data sharing agreements, new data feeds, updates to existing data feeds ensuring Enterprise Issues data is protected in accordance with GIS requirements.
- Responsible for existing QA/QC Workflow training (including regular updates) and the development of additional training modules as needed to drive maturity.
- Responsible for creating and generating QA Workflow reporting such as QA/QC sample generation, performance, results, health reporting, etc.
- Oversees administrative functions of the QA workflow platform.
- Maintain and develop process level procedures and guidelines for QA workflow platform.
- Leverages risk and OpEx mindset to identify and develop technology operational excellence initiatives and automation capabilities.
Required Skills:
- 5+ years of experience in financial services industry, with an extensive understanding of Financial Services products and services.
- Previous experience driving the strategy and execution of technology projects (technology platforms & analytics).
- Experience with evaluating, designing, and enhancing applications and tools to meet the technology needs of the business.
- Effectively packages and communicates complex content and information.
- Can effectively navigate and deliver results in highly matrixed environment.
- Critical thinker with the ability to influence and communicate technology needs, gaps and solutions.
- Business knowledge of risk management.
- Excellent written and verbal communication skills.
- Strong data analysis and problem-solving skills.
- Strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels ofresponsibility.
- Advanced understanding of issue management processes.
- Experience with Agile development methodologies, user-centered design, and lean project processes.
Skills:
Analytical Thinking
Coaching
Critical Thinking
Collaboration
Oral Communications
Portfolio Analysis
Presentation Skills
Written Communications
Issue Management
Monitoring, Surveillance, and Testing
Regulatory Compliance
Technical Documentation
Trading Strategy
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (-Policy-) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America's Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
