Job Details

ID #21199290
State Illinois
City Chicago
Job type Permanent
Salary USD TBD TBD
Source Bank Of America
Showed 2021-10-16
Date 2021-10-15
Deadline 2021-12-13
Category Software/QA/DBA/etc
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Risk Lead (COS COO, Risk & QA)

Illinois, Chicago, 60601 Chicago USA

Vacancy expired!

Job Description:

The role of the Risk Lead is to partner and support Client Operational Services (COS) teams and senior leaders to proactively identify, quantify, prioritize and mitigate risks, improve controls and maintain a focus on operational excellence and sustainable solutions. As a first line of defense team we are responsible for demonstrating, monitoring and managing the effectiveness and adequacy of the risk and control environment supporting COS in line with the enterprise Risk Framework supporting responsible growth.

Responsibilities:

Members of the Risk Lead Team are trusted advisors to COS functions and leadership by providing independent oversight and assessment of their risk environment. It is our role to strengthen the control environment, improve control culture & practices and promote the COS Risk Principles embedding a robust risk culture across the organization. We aim to create open channels of communication with COS teams to maintain trust and promote transparency in reporting root cause of issues and escalations.

• Close interaction and engagement with COS functional leadership to provide guidance on identified risk and control issues, escalation triage, formal capture of issues & events and development of associated remediation plans• Coordinate, oversee and manage input and engagement for Regulatory Exams, Corporate Audits and Target Risk Assessments impacting COS functions & processes and associated remediation of findings, including Matters Requiring Attention/Immediate Attention (MRA/MRIA)• Develop and maintain Process Risk Controls (PRC) inventory framework, ensure adherence to QA Standard requirements including metric performance oversight• Collaborate and debate with Audit, Compliance & Operational Risk and GBAM Ops Business Controls partners on findings and emerging themes• Ensure compliance with critical deadlines for risk identification, escalation and remediation

Requirements:

Highly motivated individuals who can help the firm and its clients facilitate business whilst focusing on responsible growth. Our teammates come from various academic and professional backgrounds and display the following qualities and attributes:

• Excellent communication skills (both written and verbal) to be able to drive and influence risk-based decisions• Excellent people /stakeholder management skills at all levels of seniority• Strong analytical skills, attention to detail and objective problem solver• Ability to work independently and be results driven whilst being a strong team player• Organized and able to present issues effectively and with impact• Strong multitasking abilities, proactive approach to successfully comply with multiple deadlines and initiatives globally

Other Qualifications:

• Knowledgeable in Global Markets products or support functions, operational risk and Client Operational Services infrastructure preferred• Knowledge of Client Onboarding and AML processes desirable• Proven track record of improving processes and demonstrating successful teamwork• Commitment to challenging the status quo and promoting positive change across all levels of the organization• Experience in quickly understanding situations and asking the right questions to drive resolutions - is a continuous learner• Positive and motivated to perform in an diverse environment where the type of work will regularly change• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions• Excels in working among diverse viewpoints to determine the best path forward• Experience in connecting with a diverse set of clients to understand future business needs• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Job Band:H5

Shift:1st shift (United States of America)

Hours Per Week:40

Weekly Schedule:

Referral Bonus Amount:0 >

Job Description:

The role of the Risk Lead is to partner and support Client Operational Services (COS) teams and senior leaders to proactively identify, quantify, prioritize and mitigate risks, improve controls and maintain a focus on operational excellence and sustainable solutions. As a first line of defense team we are responsible for demonstrating, monitoring and managing the effectiveness and adequacy of the risk and control environment supporting COS in line with the enterprise Risk Framework supporting responsible growth.

Responsibilities:

Members of the Risk Lead Team are trusted advisors to COS functions and leadership by providing independent oversight and assessment of their risk environment. It is our role to strengthen the control environment, improve control culture & practices and promote the COS Risk Principles embedding a robust risk culture across the organization. We aim to create open channels of communication with COS teams to maintain trust and promote transparency in reporting root cause of issues and escalations.

• Close interaction and engagement with COS functional leadership to provide guidance on identified risk and control issues, escalation triage, formal capture of issues & events and development of associated remediation plans• Coordinate, oversee and manage input and engagement for Regulatory Exams, Corporate Audits and Target Risk Assessments impacting COS functions & processes and associated remediation of findings, including Matters Requiring Attention/Immediate Attention (MRA/MRIA)• Develop and maintain Process Risk Controls (PRC) inventory framework, ensure adherence to QA Standard requirements including metric performance oversight• Collaborate and debate with Audit, Compliance & Operational Risk and GBAM Ops Business Controls partners on findings and emerging themes• Ensure compliance with critical deadlines for risk identification, escalation and remediation

Requirements:

Highly motivated individuals who can help the firm and its clients facilitate business whilst focusing on responsible growth. Our teammates come from various academic and professional backgrounds and display the following qualities and attributes:

• Excellent communication skills (both written and verbal) to be able to drive and influence risk-based decisions• Excellent people /stakeholder management skills at all levels of seniority• Strong analytical skills, attention to detail and objective problem solver• Ability to work independently and be results driven whilst being a strong team player• Organized and able to present issues effectively and with impact• Strong multitasking abilities, proactive approach to successfully comply with multiple deadlines and initiatives globally

Other Qualifications:

• Knowledgeable in Global Markets products or support functions, operational risk and Client Operational Services infrastructure preferred• Knowledge of Client Onboarding and AML processes desirable• Proven track record of improving processes and demonstrating successful teamwork• Commitment to challenging the status quo and promoting positive change across all levels of the organization• Experience in quickly understanding situations and asking the right questions to drive resolutions - is a continuous learner• Positive and motivated to perform in an diverse environment where the type of work will regularly change• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions• Excels in working among diverse viewpoints to determine the best path forward• Experience in connecting with a diverse set of clients to understand future business needs• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Job Band:H5

Shift:1st shift (United States of America)

Hours Per Week:40

Weekly Schedule:

Referral Bonus Amount:0

Job Description:

The role of the Risk Lead is to partner and support Client Operational Services (COS) teams and senior leaders to proactively identify, quantify, prioritize and mitigate risks, improve controls and maintain a focus on operational excellence and sustainable solutions. As a first line of defense team we are responsible for demonstrating, monitoring and managing the effectiveness and adequacy of the risk and control environment supporting COS in line with the enterprise Risk Framework supporting responsible growth.

Responsibilities:

Members of the Risk Lead Team are trusted advisors to COS functions and leadership by providing independent oversight and assessment of their risk environment. It is our role to strengthen the control environment, improve control culture & practices and promote the COS Risk Principles embedding a robust risk culture across the organization. We aim to create open channels of communication with COS teams to maintain trust and promote transparency in reporting root cause of issues and escalations.

• Close interaction and engagement with COS functional leadership to provide guidance on identified risk and control issues, escalation triage, formal capture of issues & events and development of associated remediation plans• Coordinate, oversee and manage input and engagement for Regulatory Exams, Corporate Audits and Target Risk Assessments impacting COS functions & processes and associated remediation of findings, including Matters Requiring Attention/Immediate Attention (MRA/MRIA)• Develop and maintain Process Risk Controls (PRC) inventory framework, ensure adherence to QA Standard requirements including metric performance oversight• Collaborate and debate with Audit, Compliance & Operational Risk and GBAM Ops Business Controls partners on findings and emerging themes• Ensure compliance with critical deadlines for risk identification, escalation and remediation

Requirements:

Highly motivated individuals who can help the firm and its clients facilitate business whilst focusing on responsible growth. Our teammates come from various academic and professional backgrounds and display the following qualities and attributes:

• Excellent communication skills (both written and verbal) to be able to drive and influence risk-based decisions• Excellent people /stakeholder management skills at all levels of seniority• Strong analytical skills, attention to detail and objective problem solver• Ability to work independently and be results driven whilst being a strong team player• Organized and able to present issues effectively and with impact• Strong multitasking abilities, proactive approach to successfully comply with multiple deadlines and initiatives globally

Other Qualifications:

• Knowledgeable in Global Markets products or support functions, operational risk and Client Operational Services infrastructure preferred• Knowledge of Client Onboarding and AML processes desirable• Proven track record of improving processes and demonstrating successful teamwork• Commitment to challenging the status quo and promoting positive change across all levels of the organization• Experience in quickly understanding situations and asking the right questions to drive resolutions - is a continuous learner• Positive and motivated to perform in an diverse environment where the type of work will regularly change• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions• Excels in working among diverse viewpoints to determine the best path forward• Experience in connecting with a diverse set of clients to understand future business needs• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Shift:1st shift (United States of America)

Hours Per Week:40

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