Job Information
Bank of America Risk Oversight Lead in Chicago, Illinois
Risk Oversight Lead
Washington, District of Columbia;Chicago, Illinois; Denver, Colorado
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!
Position Overview:
Individual contributor role serving as the functional lead for the Risk Oversight team within PCG External Engagement & Risk Governance. Individual will be responsible for the oversight, participation and successful completion of GIS Risk/Issues Management activities, Audit reviews, GCOR engagements, and regulatory requests. Individual will work closely with cross functional teams, GIS Divisional leads, Subject Matter Experts, SLT and Risk partners. Individual will be accountable for driving effective oversight of Issues Management deliverables and Audit/GCOR engagements leveraging expertise in information security frameworks, standards, policies, controls, laws, rules, and regulations. Individual will provide support and guidance to GIS risk stakeholders navigating these activities by coordinating efforts to mitigate/remediate information security risks, and by providing critical reporting of Risk/Issues/Audit/GCOR activities to GIS SLT and Risk stakeholders.
Responsibilities Include:
Serving as Ops Lead for Risk Oversight team day-to-day activities and overseeing the team’s strategic planning and execution.
Day-to-day functional lead for the Issues Management portfolio team which includes helping to facilitate team member goal-setting and performance review activities
Engaging with senior leaders and representing the Risk Oversight team in both internal GIS and external forums and working groups
Developing and managing key partnerships across GIS.
Supporting risk and issues management, governance, and improvement of GIS functions’ understanding of these activities.
The goals of the position will be :
Centrally manage Risk/Issues/Audit/GCOR engagements inclusive of tracking, oversight, and reporting of associated deliverables
Coordinate Risk Oversight team day-to-day activities, assuring full coverage of all GIS Divisions by managing team alignments and workloads
Develop and maintain critical partnerships with external control partners (GT Risk, QA teams, Audit, GCOR, etc.)
Navigating GIS Risk & Issues stakeholders through Issues/Audit/GCOR activities from end-to-end
Understanding various points of engagement and supports teams in responding to Audit/GCOR requests
Identifying and escalating risks within the vertical team, and driving effective oversight of GIS Risk/Issue commitments
Providing horizontal oversight on Audit/GCOR responses to drive consistency in responses
Required Skills:
Cyber security or information security domain knowledge
8+ year of risk management experience (Regulatory, Operational Risk, Compliance) with proven ability to effectively apply risk principles to complex business situations
Experience presenting to senior leaders and proficiency in constructing executive level reporting
Experience working on Issues and/or MRAs, Consent Orders or Regulatory Deliverables
Self starter, highly organized, excellent time management skills and ability to juggle multiple, competing priorities
Exhibit strong relationship management and interpersonal skills
Influence horizontally and vertically across the organization and diverse audiences with varying degrees of technical understanding
This job will be open and accepting applications for a minimum of seven days from the date it was posted.
Enterprise Overview:
This job is responsible for leading a key function driving enterprise-wide information security policies, procedures, and standards in support the policy governance lifecycle. Key responsibilities include applying knowledge of laws, rules, regulations, and information security concepts (e.g., NIST, COBIT, ISO) to establish and maintain policies. Job expectations include providing oversight and alignment of processes, and, controls to requirements, identifying gaps in coverage, and, reporting on adherence to the Information Security Policy.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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