Bank of America Risk Policy Manager in Charlotte, North Carolina

Job Description:

Job Responsibilities / Accountabilities

  • Participate in the policy development, management and governance processes supporting commercial credit risk policies

  • Lead work groups to perform Scheduled Reviews of policy and related documents, including team formation, drafting and socialization

  • Partner with Business Unit Risk and LOB teams in support of local policy development and monitor completion of governance deliverables

  • Collaborate with Business Unit Risk and LOB management to identify risk issues and develop risk policy solutions

  • Support policy development in response to regulatory, audit, and credit review exam findings

  • Provide policy advice and consultation to employees on the application and interpretation of policy

  • Develop and deliver policy communication and training, including articles, decks, and other resources

  • Manage policy content storage and delivery through loading, publishing, and quality assurance routines within Vignette Content Management

  • Prepare governance presentations and monthly reporting for Enterprise Credit Risk

  • Collaborate with Enterprise Credit Risk colleagues to support credit risk program deliverables and leadership priorities

  • Manage governance documentation in compliance with record retention requirements

  • Assist with research and retrieval of archived policy in response to legal discovery or internal/external exam inquiries

Required Skills

  • 5+ years of experience in credit risk management, Wholesale Credit/credit products (see Desired Skills)

  • Previous policy development and/or risk governance experience

  • Strong written and verbal communication skills

  • Ability to quickly develop subject matter expertise across a broad spectrum of issues (“quick study”)

  • Ability to work independently and manage multiple projects to established timelines

  • Ability to navigate the organization through an established network

  • Strong interpersonal skills with the ability to build solid business partnerships and negotiate solutions

  • Proficiency with Microsoft Word, Excel, PowerPoint

Desired Skills

  • Working familiarity with regulatory, audit, and/or compliance disciplines

Job Profile Summary

In accordance with the Policy Framework, executes the policy development, management and governance processes for enterprise-wide, LOB or ECF specific policies , as applicable. Reviews, evaluates and advises on specific regulatory developments and changes impacting policies. Works with or may serves as subject matter expert for specific enterprise-wide, LOB or ECF policies and provides guidance to Policy owners in drafting other policies in accordance with the Policy Framework. Assists with research and retrieval of archived policy in response to legal or regulatory inquiries. May develop or coordinate communication regarding new policies and/or material changes. Assists in creation of training materials related to policy. May oversee special policy related projects. Exercises judgment and influences business managers and peers to ensure enforcement of compliance programs. May manage other employees.

Posting Date : 09/18/2017

Location :


  • United States

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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