Bank of America Compliance Specialist - GT&O in Dallas, Texas

Job Description:

The Compliance Specialist assists the Compliance officer team in activities to contribute to the independent compliance oversight of Front Line Unit ("FLU") and Control Function ("CF") performance and any related third party/vendor relationships in alignment with the Compliance Risk Management ("CRM") Program and the Global Compliance Enterprise Policy (GC Policy). As a member of a FLU or CF compliance officer team, this role applies business acumen to promote a culture of compliance and the identification, escalation and timely mitigation of compliance risks by assisting FLU or CF Compliance teams with any of the following activities:

  • Create and maintain a regulatory inventory.

  • Update relevant policies to ensure they reflect regulatory requirements for FLU/CF.

  • Contribute to compliance risk assessments.

  • Contribute to monitoring and testing coverage plans and related metrics.

  • Monitor and test the effectiveness of the front line unit and control function compliance risk controls for FLU/CF.

  • Identify aggregate, report and escalate compliance risks, issues and control enhancements for FLU/CF.

  • Assist in the execution of governance and management routines.

  • Identify compliance training needs and inspect FLU/CF and third party participation for FLU/CF.

  • Assist with preparations for regulatory exams and audits for FLU/CF.

  • Inspect that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed for FLU/CF.

  • Escalate regulatory relations concerns to Compliance Manager or Executive.

Required Skills:

  • 3+ years of Information Security,Technology, Operations, Compliance or Risk ManagementExperience

  • Self-motivated, operates with a sense of urgency and strong attention to detail

  • Strong analytical and data driven approach to problem solving

  • Advanced knowledge in the use of data analytic tools (MS Excel, Access, etc.)

  • Advanced analysis, problem solving, and business relationships skills

  • Experience in communicating effectively with partners

  • Broad understanding of IT or Operations principles and controls

Desired Skills:

  • Experience as a business analyst focused on technology implementation, operationsand/or risk management

  • Ability to capture requirements and translate them into language specific to a technology or business audience.

  • Experience executing QA and/or QC of technologyand/or operationssystems and/or processes.

  • Strong reporting skills inclusive of the creation of dashboards, issue analysis, and executive summaries

Posting Date : 05/11/2018

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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