Full-Time

Risk Management Manager

Risk Governance

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, Expert

Charlotte, NC, USA

Category
Risk Management
Finance & Banking
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • 7+ years of financial industry or risk experience
  • Intense attention to accuracy, detail, and consistency
  • Strong analytical skills and ability to effectively challenge information
  • Strong communication skills: ability to communicate effectively both in writing and verbally and to feel comfortable delivering insights and recommendations to senior management
  • Comfortable taking initiative and being resourceful/entrepreneurial
  • Ability to work well under pressure in a fast-paced, deadline-specific environment.
  • Excellent organizational skills with a keen ability to prioritize daily tasks with project work as well as ad-hoc requests
  • Proven verbal and written communication skills and presentation skills
  • Proficiency in using MS Word, Excel, PowerPoint, SharePoint
Responsibilities
  • Partner with Front Line Units and Risk executives across the enterprise to ensure appropriate escalation of key risks in accordance with the company’s risk governance framework and regulatory requirements
  • Lead the review of committee materials and provide thoughtful, value add feedback to improve and ensure content is appropriate for an executive / board-level audience across a broad range of topics
  • Coordinate with key stakeholders for logistics and committee meeting preparation
  • Assist in annual planning of the committee meetings and activities
  • Provide advice and counsel to committees across the company to ensure all are functioning in accordance with our guidelines
  • Participates in establishing risk management procedures and standards
  • Conducts execution of risk framework activities including independent monitoring and testing of controls and risk management processes
  • Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to risk categories
  • Ensures adherence to the policies and procedures established by the company

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. One of its key strengths is its position as a leading wealth management firm, as well as its prominence in corporate and investment banking and trading. Unlike many of its competitors, Bank of America combines a vast network of services with a strong focus on both personal and corporate financial needs. The goal of Bank of America is to help clients achieve their financial goals through comprehensive financial solutions.

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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