Compliance and Operational Risk Program Oversight Specialist

Job Description:

Job Title: Compliance and Operational Risk Program Oversight Specialist

Corporate Title: Up to Assistant Vice President

Location: Paris

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!

Locations Overview:

Based in the 8th arrondissement and within the Parisian Golden Triangle, our beautiful Art-Deco era office benefits from luxury modern workspaces, an abundance of natural light and is easily accessible by public transport.

Job Description:

This job is responsible for supporting the Global Risk and Operations Quality Control (GROQC) team in conducting Quality Control (QC) and Quality Reviews to assess the execution of the Global Compliance Enterprise Policy, the Operational Risk Enterprise Policy and Compliance and Operational Risk Management (CORM) Program. Key responsibilities include assisting with the engagement of the Corporate Compliance and Operational Risk policy owners and Global Compliance and Operational Risk teams to understand program requirements, report QC findings, and to promote consistent and effective execution of the CORM Program.

Responsibilities:

- Draws accurate conclusions and formulates solutions to support decision-making and analysis of results
- Supports process management, quality assurance, control measurement, and testing tasks
- Understands and maintains knowledge of Global Compliance and Operational Risk Enterprise Policies and Compliance and Operational Risk Management program elements
- Collaborates across functions and organizational areas, while utilizing operational business knowledge and communicating with impact
- Applies business knowledge to effectively communicate and impactfully influence Front Line Units with adherence to the program

Skills:

- Bachelor’s Degree with several years of relevant experience
- Monitoring, Surveillance, and Testing
- Process Management
- Regulatory Compliance
- Reporting
- Risk Management
- Attention to Detail
- Critical Thinking
- Interpret Relevant Laws, Rules, and Regulations
- Issue Management
- Policies, Procedures, and Guidelines Management
- Active Listening
- Advisory
- Business Process Analysis
- Written Communications

Skills that will help:

- Global Risk Management experience

Benefits of working at Bank of America (France):

- Competitive retirement plan in addition to State plans

- Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.

- Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers

- Life and disability insurance

- Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later

- Reimbursement of 50% of your commuter pass

- Nursery scheme for children under age 3

- Works council benefits

- Access to an Employee Assistance Programme for confidential support and help for everyday matters

- Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities

- Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

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.