Job Title: Sanctions Regulatory Risk Manager
Corporate Title: Vice President
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!
Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.
You will join a diverse global team with teammates located in the US, EMEA and APAC regions. The focus of work will require you to analyse clients that have exposure or conduct business related to economic sanctions matters, review banking deals, market trades and vendor escalations that have economic sanctions concerns, document escalations in our internal case management tool, interact with and support front line units and various operations teams and participate in client discussions, conduct training and meet with senior leaders on economic sanctions matters. The team is collaborative, highly supportive of one another, hold each other accountable and are eager to learn.
You will be a Sanctions Regulatory Risk Manager for coverage of EMEA. In your role you will have deep sanctions subject matter understanding, proficiency in interpreting and implementing complex and emerging sanctions regulations, and oversight of Front Line Unit (FLU) execution of existing sanctions controls. You will develop and maintain a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities
What we are looking for:
Benefits of working at Bank of America:
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 sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants 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.
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