Job Description:
Job Title: Country Compliance & Operational Risk Manager
Corporate Title: Up to Vice President
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.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. 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.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Location Overview:
Overlooking the tranquil Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.
Role Description:
This role is responsible for supporting the Head of Compliance and Operational Risk ('GCOR') in executing the governance and reporting obligations of the GCOR function, ensuring the timely preparation, coordination, and delivery of high-quality materials to senior management, Board, and regulatory stakeholders. In addition, the role will execute on specific Operational Risk elements managed by the Risk Quantification and Management team including GCOR programme quality assurance activities to ensure the quality of programme execution and support cross entity initiatives.
Responsibilities:
- Prepare and deliver key legal entity Governance materials for several routines including submissions to Management and Board level committees as well as to European regulators
- Provide regular reporting on critical measures and performance indicators in relation to GCOR activities
- Collaborate and partner with stakeholders and teams across the enterprise to gather key GCOR related data and metrics
- Maintain and evolve governance procedures, ensuring adherence to internal policies, regulatory expectations, and supervisory standards
- Act as a support to the analysis, execution, and administration of key GCOR programme elements at a legal entity level. Examples may include but are not limited to: Risk Identification Inventory (Risk ID) analysis, Single Process Inventory (SPI) analysis, Risk & Control Self-Assessment (RCSA), Operational Risk Scenario Analysis, ILD reporting and analysis
- Develop and maintain a clear understanding of key applicable EU regulations applicable to various programme elements
- Perform quality assurance testing on the execution of key programme elements to ensure appropriate coverage of Operation risk within the element
- Execute controls designed to maintain oversight on updates to the regulatory inventory and challenge amendments and impact assessments
- Evaluate the information gathered from multiple sources, reconcile variances and present complex data in a coherent manner and tailored to various audiences. There will be a requirement to challenge and interrogate data for consistency
What we are looking for:- Several years business and functional experience
- Bachelor's Degree or equivalent experience
Skills that will help:- Reporting and Drafting skills
- Risk Management experience
- Quality Assurance Monitoring and Testing
- Critical Thinking
- Operational Risk Management
- Regulatory Compliance
- Influence
- Interpret Relevant Laws, Rules, and Regulations
- Issue Management
- Policies, Procedures, and Guidelines Management
- Business Process Analysis
- Decision Making
- Negotiation
- Process Management
Benefits of working at Bank of America (Ireland):- Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
- Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
- 20 days of back-up childcare and 20 days of back-up adult care per annum
- The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
- Access to an Employee Assistance Program for confidential support and help for everyday matters
- Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan
- Ability to donate to charities of your choice and the bank will match your contribution
- Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland's most iconic cultural institutions and exhibitions.
- Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.
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.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
