Compliance and Operational Risk Manager

Bank of America; Paris; On-site; EUR 90,000 - 130,000; Full time

Benefits offered by this job

Competitive retirement plan

Medical plan top-up

Time Savings Account (CET)

Commuter pass reimbursement

Maternity/Paternity leave

Nursery scheme

Works council benefits

Employee Assistance Programme

Volunteer opportunities

Free entry to arts exhibitions

Job summary

Bank of America in Paris seeks a Compliance and Operational Risk Manager to lead governance of Global Control Room activities and regulatory oversight of market abuse controls.

We expect strong experience in cross-border regulatory frameworks, information barriers, and executive reporting. You will partner with regional leadership to escalate issues, drive risk mitigation, and strengthen control culture in a highly regulated environment.

Qualifications

• Experience in Global Control Room, Compliance, Surveillance, or Conduct Risk.
• Familiarity with cross-border regulatory requirements and governance structures.
• Strong knowledge of market abuse regulations and information barriers.

Responsibilities

• Act as the oversight lead for Global Control Room activities within the EU.
• Responsible for watch list, restricted list, information barrier, and related market abuse control processes.
• Provide effective challenge, governance, and escalation management across key monitoring and surveillance activities.
• Develop and deliver management information and key risk indicators for local leadership.
• Participate in governance committees, risk forums, and regulatory oversight meetings.
• Escalate, track, and oversee remediation of material risks, control issues, and regulatory concerns.
• Maintain close partnership with EMEA Global Control Room leadership to ensure consistency with global standards and programs.
• Support regulatory examinations, audits, and requests related to market abuse controls.
• Promote strong control culture and ongoing enhancement of governance and oversight practices.

Skills

Global Risk Management

Governance & Escalation

Regulatory Examinations

Job description

Job Description

Job Title: Compliance and Operational Risk Manager Corporate Title: Up to Director Location: Paris

Company Overview: 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!

Location Overview: Based in the 8th arrondissement and within the Parisian Golden Triangle, our beautiful Art-Deco era office benefits from luxury modern workspaces, an abundance of natural light and is easily accessible by public transport.

Role Description

Serve as the senior accountable leader for oversight of Global Control Room activities within BofASE, providing governance, challenge, and regulatory oversight of market abuse controls and information barrier management.

Responsibilities

• Act as the oversight lead for Global Control Room activities within the EU.
• Responsible for watch list, restricted list, information barrier, and related market abuse control processes.
• Provide effective challenge, governance, and escalation management across key monitoring and surveillance activities.
• Develop and deliver management information and key risk indicators for local leadership.
• Participate in governance committees, risk forums, and regulatory oversight meetings.
• Escalate, track, and oversee remediation of material risks, control issues, and regulatory concerns.
• Maintain close partnership with EMEA Global Control Room leadership to ensure consistency with global standards and programs.
• Support regulatory examinations, audits, and requests related to market abuse controls.
• Promote strong control culture and ongoing enhancement of governance and oversight practices.

What we are looking for

Experience within a Global Control Room, Compliance, Surveillance, or Conduct Risk function. Experience working in a global financial institution. Familiarity with cross-border regulatory requirements and governance structures.

Regulatory & Risk Management

Strong knowledge of market abuse regulations and financial markets.

Understanding of information barriers, watch lists, restricted lists, and insider risk controls.

Knowledge of governance, risk, and compliance frameworks.

Oversight & Governance

Ability to provide effective challenge and independent oversight.

Strong control mindset with focus on regulatory compliance and risk mitigation.

Data & Reporting

Ability to analyse surveillance data and risk indicators.

Experience developing management information and executive reporting.

Leadership & Communication

Executive presence and ability to engage senior stakeholders.

Strong written and verbal communication skills.

Ability to influence across multiple functions, legal entities, and regions.

Experience managing complex stakeholder relationships.

Technical & Operational Expertise

Understanding of surveillance and monitoring processes.

Strong problem-solving and investigation skills.

Ability to manage multiple priorities in a highly regulated environment.

Skills that will help

• Global Risk Management experience
• Experience leading governance forums and escalation processes.
• Experience responding to regulatory examinations.

Benefits of working at Bank of America (France)

• Competitive retirement plan in addition to State plans, life and disability assurance.
• Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.
• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers.
• Time Savings Account ('CET') to save some of your leave days, cash them out or use them later.
• Reimbursement of 50% of your commuter pass.
• We offer paid maternity leave, and paternity leave of up to 26 weeks (16 paid weeks and 10 unpaid), and inclusive family leave arrangements.
• Nursery scheme for children under age 3.
• Works council ('CSE') benefits.
• Access to an Employee Assistance Programme for confidential support and help for everyday matters.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities.
• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris.

Bank of America: Good conduct and sound judgment is crucial to our long-term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability.

The Bank selects candidates for interview based on their skills, qualifications and experience. We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

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!

Partnering Locally

Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact

Learn about the six areas that guide Bank of America's efforts to help make financial lives better for customers, clients, communities and our teammates.

Opportunity and Inclusion

Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.

Our Values

Learn about our four values that represent what we believe.