Compliance & Operational Risk Specialist – Trade Surveillance
Bank of America
full-time
Posted on:
Location Type: Office
Location: Charlotte • New York, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $70,800 - $129,400 per year
Job Level
Mid-LevelSenior
About the role
- Assists in assessing risks, associated controls and their effectiveness, while driving compliance with applicable laws, rules, and regulations, adhering to policies, and developing reporting and documentation
- Engages in activities to provide support to the FX Compliance and Operational Risk teams in order to provide independent compliance and operational risk oversight of Front Line Unit or Control Function performance and any related third party/vendor relationships
- Assists in identifying and escalating problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses
- Assists in the development of independent risk management reporting for respective coverage areas as input into management routines
- Assists in responding to regulatory inquiries and other audits and examinations
- Monitors the regulatory environment to identify regulatory changes applicable to coverage areas and maintains a comprehensive regulatory inventory
Requirements
- 5 years minimum of FX (Foreign Currency) product knowledge or trade flows
- Bachelor’s Degree or equivalent experience
Benefits
- This role is currently benefits eligible.
- 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.
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