Compliance and Operational Risk Specialist

Job Description:

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!

Job Description

The Global Control Room (GCR) has a business-critical role to mitigate legal, compliance and reputational risk within the firm and is responsible for managing the flow of Material Non-Public Information between public and private lines of business within Global Banking, Global Markets & International.

GCR also plays a key role in assisting lines of business in implementing, monitoring, testing and enforcing the Enterprise Information Wall Policy.

This position is part of the Americas Control Room covering US, Canada, and Latin America.

Responsibilities

• Review Investment Banking (“IB”) transactions for potential addition(s) to the Watch List and/or Restricted List. Follow up with IB to receive deal updates.

• Review of Global Research reports prior to public dissemination against the Watch or Restricted List in accordance with Laws, Rules, and Regulations.

• Provide Global Markets principal/firm trade preclearance on restricted list issuers.

• Provide information wall subject matter expertise to support all lines of business and support partners.

• Manage Wall crossings

• Respond to Americas regulatory Inquiries, facilitate meetings with Research Legal and Investment Banking Legal.

• Manage day to day Control Room processes.

• Provide training and awareness to the lines of business and their support partners on information wall topics.

• Contribute to global technology initiatives via idea generation, User Acceptance Testing or working alongside Global Tech and Operations support partners.

Qualifications

• Ability to produce accurate work output and reports under tight deadlines

• 3-5 years professional experience

• Bachelor’s degree or equivalent experience

• Demonstrates intellectual curiosity and drives operational excellence

• Ability to think critically to quickly analyze and resolve issues

• Influences and delivers results through collaborative relationship with key partners and stakeholders

• Works independently to prioritize work and deliver against regulatory deadlines in a dynamic environment

• Ability to demonstrate a high level of integrity with a mature approach to work

• Discrete when handling confidential information

• Control Room workflow experience or related knowledge; transferable skills

• Diligent work ethic

• Effective Communicator; Strong writing and presentation skills

• Team player

• Task oriented and willing to train junior team members

What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America is an Equal Opportunity Employer.

Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.