Business Governance & Oversight Manager

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 Chief Investment Office (CIO) is the centralized engine to access latest market insights and solutions across the enterprise.

The team develops and manages an integrated, end-to-end fiduciary based investment process that includes high conviction investment strategy, thought leadership, strategic and tactical asset allocation, portfolio construction advice, as well as full manager and solutions due diligence and investment oversight.

The CIO offers goals-based strategies that are grounded in the best thinking of the Firm.

The Chief Operating Office’s (COO) Operational Risk & Oversight (ORO) team is responsible for fostering a best in class operating and risk management culture across the CIO organization.

The team focuses on all aspects of CIO risk management and business controls, ensuring appropriate controls, processes and procedures are in place and operating effectively.

The team is responsible for the central coordination of initiatives and functions that support the implementation of the risk and control framework across the CIO lines of business.

This role works with all levels of management and builds relationships with other teams across the organization and Control Partners.

In addition, the candidate will leverage business knowledge and their understanding of risk to drive centralized documentation, oversight, gap assessments, reviews, remediation, communication, etc.

to help the CIO team effectively manage risk and ensure strong business controls are in place. The role may also provide project leadership and support for other ad hoc initiatives.

In conjunction with other senior management, implements and monitors operational risk management policies, procedures, standards, and program with enterprise-wide impact such as Regulatory, and / or special projects for one or more departments or functions within a business group.

Applies knowledge and expertise to influence business managers and peers to ensure enforcement of risk / regulatory programs, balancing business strategy with appropriate risk management controls.

Communicates and interacts with regulatory agencies, external consultants, and other internal risk management groups within area of responsibility.

The team is looking for a highly motivated individual to drive execution of key initiatives and support operational oversight and risk routines across the CIO organization.

This position will report directly to the Chief Operating Officer for the CIO.

Job responsibilities :

• Leading key initiatives designed to enhance controls and governance and oversee their implementation
• Developing innovative solutions and oversight routines for strategic business processes
• Delivering presentations to CIO leadership, governance committees and key stakeholders on the status of risk and oversight related initiatives, issues, and new developments
• Working collaboratively with business units and other control groups on key organizational projects
• Driving the development and implementation of resolutions of self, audit, risk, compliance and regulatory identified issues
• Quarterly & annual regulatory exams participation
• Identify best practices and create policies and procedures to maximize team efficiencies
• Execute quality assurance tests and reviews of CIO processes

Required qualifications :

• Candidate shouldbe an experienced professional with a minimum of 8 years of experience in the securities industry or other financial services industry
• Highly enthusiastic self-starter with ability to work independently
• Proven experience leading projects, preferably in a control or operational risk function
• Strong facilitation and interpersonal skills with the ability to build solid business partnerships; focus on building consensus and driving action
• Ability to multi-task, managing various tasks and deliverables with simultaneous deadlines
• Demonstrated understanding of operational risk management
• Ability to identify, prioritize and assess risk issues for severity and applicability to other areas
• Ability to quickly develop subject matter expertise across a broad spectrum of areas
• Ability to analyze / interpret data and reports from various sources and develop business intelligence for executive and business management consumption
• Ability toeffectively influence, drive change and process improvement
• Excellent written and verbal communicationskills, including ability to communicate effectively to varying levels of leadership
• Highly versatile skill set; strong problem solver
• Highly proficient in Microsoft Office

Skills :

• Attention to Detail
• Controls Management
• Innovative Thinking
• Policies, Procedures, and Guidelines Management
• Risk Management
• Business Process Analysis
• Decision Making
• Issue Management
• Problem Solving
• Written Communications
• Data Visualization
• Measurement Effectiveness
• Process Management
• Process Mapping
• Project Management

Minimum Education Requirement : Bachelor’s degree in related field

Shift :

1st shift (United States of America)

Hours Per Week : J-18808-Ljbffr

J-18808-Ljbffr