Job Title: Compliance and Operational Risk Manager (Technology)
Corporate Title: Up to Director
Location: Dublin
Company Overview:
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.
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.
The Team:
The EMEA Technology Compliance and Operational Risk ("COR") team is responsible for second line coverage of technology built, bought, and used by our business units and entities across the EMEA region. The team operates in a technically multi-faceted, fast-changing, and dynamic environment, with an excellent culture of growth, learning and development.
Role Description:
This is a dual role with responsibility for second line operational risk and compliance risk coverage for Technology and Cyber Risk for Bank of America Europe, headquartered in Dublin. Duties include, but are not limited to:
Responsibilities:
1. Reviewing impact of Global Technology developments, risks and issues with respect to local legal entities as well as the broader EMEA region.
2. Effective review of regulatory developments and legislations impacting Technology, interpretation of changes, with communication and education provision to relevant staff on regulatory developments.
3. Developing and leading control Testing, Targeted Risk Assessments, and Monitoring activities.
4. Independent review & challenge of legal entity Risk and Control Self Assessments with respect to Technology and Cyber Risk.
5. Identification of material issues arising from Testing activities, Assessments, Monitoring, and ongoing oversight.
6. Periodic review of the firm's policies relating to Technology and applicability to EMEA entities and technology scenario analyses.
7. Working with Global COR ("GCOR") peers and GCOR technology leadership to ensure consistency of approach across all regions.
What we are looking for:
1. Extensive Technology and Cyber Risk experience in first, second or third-line risk roles.
2. A flexible and solution driven perspective, and a determination and desire to find answers to multi-layered issues.
3. Willingness to learn beyond the task or job at hand.
4. Excellent written and verbal communication skills.
5. Ability to work both as part of a team and independently.
Skills that will help:
1. Previous experience with Monitoring, Surveillance and Testing.
2. Ability to interpret Relevant Laws, Rules and Regulations.
Bank of America:
Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. #J-18808-Ljbffr