Bank of America Global Risk Governance Manager in New York, New York

Job Description:

The primary objective of the Risk Governance team is to coordinate across Global Risk Management (“GRM”) and to provide the Chief Risk Officer, the Board of Directors, regulators and other management and Board-level committees with clear and concise written materials which provide a comprehensive view of the key risks facing our Company. The Risk Governance team is also responsible for establishing strong risk governance practices across the company.

Our Global Risk Governance and Global Regulatory Relations team is looking for a seasoned Risk Governance Manager to join our team. Responsibilities will include:

  • Participate in the review and creation of written materials for the Board of Directors and Management committees; includes building strong relationships and partnering with subject matter experts across the company to prepare clear, concise written presentations and ensuring timely production of such presentations

  • Prepare and maintain all committee meeting agendas

  • Identify and champion improvements to committee materials with the goal to simplify key messages

  • Review and provide feedback on key enterprise documents, including enterprise policies, capital plans, recovery / resolution plans and the 10-K to ensure alignment with the company’s overarching governance structure and the Risk Framework

  • Providing advice on best governance practices

The role has the following growth / development opportunities:

Short-Term Objectives:

  • Build strong working relationships across the Global Risk Management organization, senior management, including the Chief Risk Officer, lines of business, and other control functions

  • Gain a deep understanding of the company and broad knowledge of key and emerging risks across the enterprise

  • Become a governance subject matter expert with respect to the risk management committees

Long-Term Development Opportunities:

  • Become a valuable resource for strategic projects and ad-hoc requests supporting the wider Global Risk Management team, senior management, and Directors

Required Skills:

  • Bachelor's degree required

  • 5-7 years of experience working in/or with the financial industry, enterprise role preferred

  • Excellent attention to detail

  • Very strong presentation skills: ability distill information down to the key messages and present information in a clear and insightful way

  • Advanced sharepoint skills and advanced Microsoft Office skills (PowerPoint in particular)

  • Very strong communication skills: ability to communicate effectively both in writing and verbally and to feel comfortable delivering insights and recommendations to senior management

  • Executive presence and comfort in providing coaching / feedback to a wide range of levels of leadership to achieve positive results

  • Very strong relationship-building skills: ability to effectively network across the organization, build effective relationships and influence at all levels to achieve change and implement goals

  • Ability to work in a high energy environment, effectively multitask and work well under pressure

  • Comfortable taking initiative and being resourceful / entrepreneurial

Enterprise role overview:

Manages a group (potentially global) of analysts. This group works with Senior Management, risk managers and other support groups (eg Legal, Compliance, Internal Audit) as appropriate. Ensure compliance with and updates all relevant policies, own core processes and works with Technology to develop applications to support these processes (including design, UAT, training and implementation). Monitor and report metrics related to core processes to Senior Management Forums. Coordinate Audit/Regulatory reviews and responses. Responsible for managing the production of global risk reports and analysis for Senior Management forums such as the GRC, ALMRC and deliver information to business partners and other support areas, such as Finance. Produce aggregate risk numbers, report stress test scenarios, respond to ad hoc reporting requests and works with Technology to improve data mining and reporting tools

Posting Date : 07/05/2018

Location :

New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK,

Charlotte, NC, HEARST TOWER, 214 N TRYON ST,

  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

Assistance for Applicants with Disabilities

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

Diversity & Inclusion

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Frequently Asked Questions

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.