Paris-Based Compliance & Operational Risk Specialist

Bank of America; Paris; On-site; EUR 70,000 - 100,000; Full time

Benefits offered by this job

Competitive retirement plan

Top-up medical plan

Employee assistance program

Commuter reimbursement

Nursery scheme

Job summary

Bank of America in Paris is seeking a Compliance and Operational Risk Specialist to support the Chief Compliance and Operational Risk in second line oversight. You will help implement global policies, monitor regulatory changes, and coordinate risk reporting across the enterprise.

The role focuses on ensuring regulatory compliance, risk identification, escalation, and mitigation within BofA Securities Europe, aligning with enterprise policies and procedures.

Qualifications

• Assesses risks, controls, and their effectiveness while ensuring compliance with applicable laws and policies.
• Supports compliance and risk oversight for Front Line Unit or Control Functions and third parties.
• Identifies and escalates issues to address root causes and mitigate losses.
• Coordinates risk management reporting to governance bodies and committees.
• Supports responses to regulatory inquiries, audits, and examinations.
• Keeps a comprehensive regulatory inventory and tracks changes in the regulatory environment.

Responsibilities

• Assist in risk assessment, controls, and reporting as per policies.
• Support independent compliance and operational risk oversight of front-line functions and third parties.
• Identify and escalate issues; drive root-cause actions to address risk.
• Assist in risk reporting to governance committees and leadership.
• Coordinate responses to regulatory inquiries and examinations.
• Monitor regulatory changes and maintain a regulatory inventory.

Skills

Monitoring & Testing

Regulatory Compliance

Risk Management

Reporting

Attention to Detail

Critical Thinking

Policies & Guidelines

Advisory

Job description

Bank of America in Paris is seeking a Compliance and Operational Risk Specialist to support the Chief Compliance and Operational Risk in second line oversight. You will help implement global policies, monitor regulatory changes, and coordinate risk reporting across the enterprise.

The role focuses on ensuring regulatory compliance, risk identification, escalation, and mitigation within BofA Securities Europe, aligning with enterprise policies and procedures.