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About the Role

This job is responsible for executing second line of defense compliance and operational risk oversight for Legal Entity Controllership Reporting in Bank of America’s EMEA entities. The role reviews and challenges the associated processes and controls designed to ensure accuracy of books and records necessary financial and regulatory reporting.

Responsibilities

• 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 Compliance and Operational Risk teams in order to provide independent compliance and operational risk oversight of Data Risk in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management Program and Standard Operating Procedures
• 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 Data Risk as input into management routines
• Assists in responding to regulatory inquiries and other audits and examinations for Data Risk
• Monitors the data risk regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory

Requirements

• Bachelor’s Degree or equivalent experience in related discipline
• Extensive experience with finance processes, including financial planning and analysis, financial and regulatory reporting, and/or accounting
• Experience in Global Risk Management
• Proven analytical and organizational skills with a focus on attention to detail and accuracy
• Ability to communicate in written and oral form with business stakeholders at all levels
• Ability to manage multiple priorities in a time sensitive environment
• Ability to collaborate effectively across multiple teams
• Intellectual curiosity and learning agility

Location

• London

Education Level

• Bachelor’s Degree

Benefits

• Private healthcare for you and your family
• Annual health screen
• Option to purchase a health screen for your partner
• Competitive pension plan
• Life assurance
• Group income protection cover
• 26-weeks paid maternity leave
• 16-weeks paid paternity leave
• Inclusive family leave arrangements
• 20 days of back-up childcare
• Access to school holiday clubs
• 20 days of back-up adult care per annum
• Ability to change core benefits
• Option of selecting a variety of flexible benefits
• Access to a wellbeing account
• Travel insurance
• Critical illness cover
• Cycle to work scheme
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline
• Virtual GP services
• Access to the Peppy App
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub
• Donation to charities of your choice directly through payroll with bank match
• Opportunity to give back to your community
• Develop new skills
• Work with new groups of people by volunteering

About the Company

• 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!
• Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street.
• Here you’ll find modern workspaces and a state-of-the-art auditorium space.
• In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind.
• Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London.
• Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.
• 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.
• Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve.
• Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.
• Opportunity and Inclusion Each employee brings unique skills, background and opinions.
• We see opportunity and inclusion as our platform for innovation and a key component in our success.
• Our Values Learn about our four values that represent what we believe.

Equal Opportunity

• We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, 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.