Full-Time

Risk Management Manager

Confirmed live in the last 24 hours

Bank of America

Bank of America

10,001+ employees

Provides banking, investment, and asset management services

Fintech
Financial Services

Senior

Chicago, IL, USA + 1 more

More locations: Charlotte, NC, USA

Flexibility in work arrangements is offered, but specific in-office requirements are not detailed.

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 5+ years of experience in financial services industry, with an extensive understanding of Financial Services products and services.
  • Previous experience driving the strategy and execution of technology projects (technology platforms & analytics).
  • Experience with evaluating, designing, and enhancing applications and tools to meet the technology needs of the business.
  • Effectively packages and communicates complex content and information.
  • Can effectively navigate and deliver results in highly matrixed environment.
  • Critical thinker with the ability to influence and communicate technology needs, gaps and solutions.
  • Business knowledge of risk management.
  • Excellent written and verbal communication skills.
  • Strong data analysis and problem-solving skills.
  • Strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility.
  • Advanced understanding of issue management processes.
  • Experience with Agile development methodologies, user-centered design, and lean project processes.
Responsibilities
  • Participate in workstreams to evaluate, design, and enhance applications and tools to meet the needs of Enterprise Issues Management Quality Assurance (QA)/Quality Control (QC).
  • Serve as Product Owner for QA/QC Workflow Tool will include documenting Roles & Responsibilities, process flows, supporting QRGs and user guides.
  • Perform all tasks associated with application management including developing and prioritizing enhancements to drive changes to technology to meet regulatory commitments.
  • In partnership with Technology, design and lead related testing for QA Workflow deployments, create and distribute communications to EIM end users about releases, outages etc.
  • Oversee downstream data feed management including data sharing agreements, new data feeds, updates to existing data feeds ensuring Enterprise Issues data is protected in accordance with GIS requirements.
  • Responsible for existing QA/QC Workflow training (including regular updates) and the development of additional training modules as needed to drive maturity.
  • Responsible for creating and generating QA Workflow reporting such as QA/QC sample generation, performance, results, health reporting, etc.
  • Oversees administrative functions of the QA workflow platform.
  • Maintain and develop process level procedures and guidelines for QA workflow platform.
  • Leverages risk and OpEx mindset to identify and develop technology operational excellence initiatives and automation capabilities.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. and is recognized as a leading wealth management firm. Additionally, Bank of America is a major player in corporate and investment banking, as well as trading. What sets Bank of America apart from its competitors is its extensive client base and comprehensive service offerings that cater to various financial needs. The company's goal is to help clients achieve their financial objectives while managing their investments and risks effectively.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Bank of America offers exposure to a diverse range of financial products and services, enhancing career development opportunities.
  • The bank's leadership in wealth management and investment banking provides employees with the chance to work on high-impact projects and deals.
  • Bank of America's global presence and strong market position offer stability and growth potential for employees.

What critics are saying

  • The highly competitive nature of the financial services industry requires Bank of America to continuously innovate to maintain its market position.
  • Regulatory changes and economic fluctuations can impact the bank's operations and profitability, posing challenges for employees.

What makes Bank of America unique

  • Bank of America stands out as a global leader in corporate and investment banking, offering a comprehensive suite of financial services that cater to a wide range of clients from individuals to large corporations.
  • The bank's extensive network and relationships with approximately 56 million U.S. consumer and small business clients provide a significant competitive edge in the financial services industry.
  • Bank of America's involvement in high-profile credit facilities, such as Uber's $5B revolving credit, showcases its capability to handle large-scale financial transactions.

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