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Compliance and Operational Risk Manager (Liquidity)

  • Job
    Full-time
    Senior & Expert Level
  • Legal
    Banking & Finance
  • Dublin

AI generated summary

  • You must have liquidity risk management experience, strong compliance/operational risk skills, logical thinking, attention to detail, and excellent communication. Teamwork and problem-solving are essential.
  • You will develop liquidity risk plans, monitor compliance, assess risks, maintain policies, analyze regulatory changes, and support risk reporting and remediation efforts.

Requirements

  • Demonstrable experience in Liquidity Risk Management
  • Experience in 2nd line compliance / operational risk highly desirable
  • Logical thinker with excellent technical skills
  • A flexible and solution oriented perspective, and a determination and desire to find answers to complex issues
  • Excellent written and verbal communication
  • Keen attention to detail
  • Ability to work as part of a team

Responsibilities

  • Contributes to development of liquidity risk coverage plans and execution of independent risk monitoring, testing and risk assessments
  • Assists in the development of independent risk management reporting for respective area(s) of coverage as input into governance and management routines
  • Assists with the development, maintenance and oversight of policies and standards to ensure regulatory and operational risk requirements are appropriately addressed
  • Monitors the regulatory environment to identify regulatory changes applicable to liquidity-related legislation
  • Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on issues and control enhancements
  • Assists in remediating CFO and Data COR “owned” issues and control enhancements, particularly those with a focus on liquidity risk
  • Reviews and challenges the Single Process Inventory (SPI) and FLU/CF Risk & Control Self-Assessment (RCSA)
  • Supports the review and challenge of the RDA Report Inventory
  • Assists with the development of risk metrics, monitors related performance and breach remediation

FAQs

What is the job title for this position?

The job title is Compliance and Operational Risk Manager (Liquidity).

Where is the job located?

The job is located in Dublin.

What corporate title is associated with this role?

The corporate title associated with this role is Director.

What is the primary responsibility of the Compliance and Operational Risk Manager (Liquidity)?

The primary responsibility is to lead the development of independent risk management monitoring and testing activities to assess Liquidity Risk in Bank of America's International businesses.

What kind of experience is preferred for this role?

Demonstrable experience in Liquidity Risk Management and experience in 2nd line compliance/operational risk is highly desirable.

What skill set is important for this position?

Important skills include logical thinking, excellent technical skills, attention to detail, and strong written and verbal communication skills.

Are there opportunities for professional growth within the company?

Yes, working at Bank of America provides opportunities to learn, grow, and make an impact in your career.

What benefits are provided to employees in Ireland?

Benefits include private healthcare, a competitive pension plan, life assurance, backup childcare and adult care, flexible benefits, Employee Assistance Program access, and more.

Does Bank of America have a commitment to diversity and inclusion?

Yes, Bank of America is dedicated to being a diverse and inclusive workplace for everyone.

How does Bank of America approach employee flexibility?

Bank of America uses a multi-faceted approach for flexibility, depending on the various roles in the organization.

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Mission & Purpose

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

Culture & Values

  • Deliver together

    We believe in the importance of treating each client and teammate as an individual and treating every moment as one that matters. We strive to go the distance to deliver, with discipline and passion. We believe in connecting person-to-person, with empathy and understanding. We believe everything we do for our clients, teammates and the communities we serve is built on a solid business foundation that delivers for shareholders.

  • Act responsibly

    We believe that integrity and the disciplined management of risk form the foundation of our business. We are aware that our decisions and actions affect people’s lives every day. We believe in making decisions that are clear, fair and grounded in the principles of shared success, responsible citizenship and community building.

  • Realize the power of our people

    We strive to help all of our employees reach their full potential. We believe that diverse backgrounds and experiences make us stronger. We respect every individual and value our differences - in thought, style, sexual orientation, gender, gender identity and expression, race, ethnicity, culture, age, ability and experience.

  • Trust the team

    We believe great teams are built on mutual trust, shared ownership and accountability. We act as one company and believe that when we work together, we best meet the full needs of our clients, and deliver value to our shareholders.