Bank of America Compliance Specialist- Investment Banking / Capital Markets in New York, New York

Job Description:

TheU.S. GCIB CoverageCompliance Program teamsits withinGlobal Banking and Markets Compliance. The team’sfocusis to identify, manage and escalate compliance risks for the related Front Line Unit (FLU), Investment Banking, Corporate Banking and Capital Markets,and Control Function in line with the Compliance Risk Management Program (CRM) and the Global Compliance Enterprise Policy (GCP).

TheU.S. GCIB CoverageCompliance Specialist will work closely with theFLU and Control Partnersacross a variety of topics, and responsibilities will include, but not be limited to:

  • Provide guidance and training to the FLU with respect to adherence to Policies and Procedures

  • Maintenance and update of Policies and Procedures as required

  • Preparation for the Compliance Risk Assessment process, along with related quality control reviews and reporting of results

  • Assistance with organization of various Targeted Risk Assessments throughout the year and tracking of resultant action items

  • Completion of required reporting to a variety of stakeholders (regulators, business management, BOD level, support functions ,etc.)

  • Tracking of Compliance testing program, compiling results and analyzing trends and ensuring modifications are made to scope or test design as needed

  • Ensure issues are properly identified and recorded, helping the team think holistically about effects to other Program elements

  • Assistance in design of, as well as modification to existing training courses and their execution

  • Reporting of results from monitoring activities, as well as relevant metrics

  • Maintenance of an inventory of relevant laws, rules and regulations

Required Skills:

  • Minimum of 3 years’ experience in financial services industry and/or compliance

  • Experience in or knowledge of Investment Banking or Capital Markets areas

  • Bachelor’s degree from an accredited university or equivalent experience

  • Experience in role(s) where critical thinking required, as was the need to exercise good judgment in unfamiliar situations

  • Strong Excel skills and ability to effectively parse through and summarize data

  • Strong organizational skills with a focus on attention to detail and accuracy

  • Strong written and verbal communication skills, ability to communicate professionally with individuals at multiple levels across the organization

Desired Skills:

  • 5 years’ experience within a compliance function and/orInvestment Banking/ Capital Markets background

  • Knowledge of the financial services industry and regulatory requirements

  • Works well independently and with a team, strong leadership and business partnering skills

  • Resourceful, self-starter, results oriented with the ability to get things done and overcome obstacles

  • Strong ability to develop and maintain good relationships within Compliance and the business

  • Ability to create and drive processes

Posting Date : 06/13/2018

Location :



  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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