Job Information
Bank of America Senior Risk Oversight Specialist in Chicago, Illinois
Senior Risk Oversight Specialist
Chicago, Illinois;Washington, District of Columbia; 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
The Senior Risk Oversight Specialist is responsible for developing and managing enterprise-wide information security policies, procedures, and standards. Key responsibilities include applying cyber security knowledge and an understanding of laws, rules and regulations to maintain and manage policies, execute and streamline processes, identify gaps in coverage, and manage risk reduction in a policy governance lifecycle. Job expectations include aligning processes and controls to requirements and reporting on adherence to the enterprise policy.
You will also be responsible for working closely with the GIS SLT, Risk Leads, and Issue Owners to drive the coordination of audit and regulatory responses, and the end-to-end issue remediation process for the assigned area. The responsibilities of the position will include:
• Partner with the aligned GIS team on RFIs from Audit and Risk partners and work across the organization to coordinate the responses.
• Manage field of risks and associated remediation efforts including risks, SIAIs, Audit Issues, and MRAs.
• Work with Risk Intake team to ensure risk is understood and clearly articulated upon remediation plan creation.
• Understand issues and writing proper remediation plans to mitigate risks.
• Lead / facilitate meetings to debate and understand the risk.
• Review materials provided to ensure the action step is addressed and the risk is mitigated.
• Understand the holistic risks across GIS and determination of how they affect the divisions.
• Partner with aligned GIS team to present risk materials to senior leadership.
Required Skills:
• Extensive risk management experience with demonstrable ability to effectively apply risk principles to challenging business situations
• Extensive information security expertise
• Strong domain expertise in risk management, governance, and development of risk appetite
• Critical thinking/analytical skills
• Strong analysis and fact-based decision-making
• Ability to communicate complex information in simple terms (oral and written)
• Strong organization skills with the ability to prioritize requests and workload accordingly
• Influence horizontally and vertically across the organization and diverse audiences with varying degrees of technical understanding
• Exhibit strong relationship management and interpersonal skills
• Strong leadership skills and qualities which enable you to work with peers and various levels of management
Typically has 5-10 years of relevant experience and is an individual contributor.
This job will be open and accepting applications for a minimum of seven days from the date it was posted.
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.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
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View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
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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