Director - Enterprise Volcker

Job Description:

The successful candidate will be a member of the Enterprise Volcker Team within the front office COO organization. This group has responsibility to execute the Bank’s Volcker Program including leading strategic initiatives for the Program, ensuring effective adherence to applicable regulations and internal Policies, running governance routines, and quarterly Volcker Metrics submission.

The successful candidate’s primary responsibility will be to support the Volcker governance program, but will also be involved in other aspects of the group’s responsibilities including metrics, monitoring, technology and controls area and will be participating in other strategic initiatives and projects. In this capacity, the candidate will partner closely with representatives from all Global Markets product areas across Sales & Trading globally along with numerous support partners including Legal, Compliance, Audit, Technology, Finance, Market Risk and Operations. 

Key Responsibilities:

• Coordinate materials for the Volcker Committee and Volcker Control Forums across Global Markets and Capital Markets.
• Responsible for maintaining the Volcker Committee and Control Forum Charters and membership, ensuring adherence to Management Committee Guidelines.  
• Maintain LOB Mission and Strategy Documents, Volcker Committee and Volcker Control Forum materials/approvals in accordance with the Volcker Rule and the Bank’s Record Retention Policy.
• Support the Enterprise Volcker governance routines including the monthly sign-off process by Line of Business Head, Desk Head, Trade Control, Finance and Market Risk.
• Support the production and validation of Volcker metrics reporting with compliance to the Volcker Rule and related internal governance/controls
• Circulate metric alerts and track required commentary from Desk Heads.  
• Work on strategic initiatives and special projects related to data resolution, technology enhancements, reporting, and regulatory requests

  

Competencies and Requirements:

• Bachelor's degree or equivalent work experience
• Preferable experience with US regulations and/or Global Markets products via roles in the front office, operations, technology, compliance or finance
• A global markets, finance, technology or market risk background
• Excellent verbal and written and oral communication with poise to communicate with senior members of the Global Markets organization
• Strategic thinker and execution minded with the ability manage deliverables independently and to handle pressure
• Ability to help identify governance and control gaps, process inefficiencies and demonstrates a focused desire to understand requirements and drive/implement improvements
• Ability to positively influence others, regardless of seniority, in order to achieve results
• Able to adapt to changing business/regulatory environments
• Excellent time management, organization skills and ability to prioritize and manage competing priorities with excellent attention to detail
• Must be able to work well in collaborative team environment, but also independently

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$175,000.00 - $250,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.