Senior Compliance & Risk Oversight Manager

Bank of America; Pennington (NJ); On-site; USD 97,000 - 195,000; Full time

Job summary

Bank of America is seeking a senior professional to perform second line of defense compliance and operational risk oversight for Front Line Units, control functions, and third parties. The role ensures adherence to Global Compliance and Enterprise Risk policies and drives timely risk identification and mitigation.

You will assess processes, escalate issues, and support risk reporting and governance. A bachelor’s degree and experience in financial services are preferred, with strong communication

Qualifications

• Minimum 7 years in a 2nd line compliance or risk role.
• Experience with Alternative Investments, CIO, or treasury products.
• Regulatory examination/registration or certification may be required, depending on jurisdiction and role.
• Bachelor's Degree in related field.
• Experience in financial services or a similarly regulated sector.

Responsibilities

• Assesses risks and effectiveness of FLU processes and controls to ensure compliance with laws and regulations.
• Engages in independent compliance and operational risk oversight of FLU/CF and third party relationships.
• Identifies and escalates problems and drives root-cause remediation.
• Manages inventory of processes, risks, controls, and metrics for risk appetite and reporting.
• Develops independent risk management reporting for governance routines.
• Analyzes applicable laws to provide guidance and manage risks.
• Reviews FLU/CF risk and control self-assessment and monitors regulatory changes.

Skills

Advisory

Regulatory Compliance

Risk Management

Monitoring

Risk Assessment

Policy Management

Decision Making

Negotiation

Written Communications

Education

Bachelor's Degree

Job description

Bank of America is seeking a senior professional to perform second line of defense compliance and operational risk oversight for Front Line Units, control functions, and third parties. The role ensures adherence to Global Compliance and Enterprise Risk policies and drives timely risk identification and mitigation.

You will assess processes, escalate issues, and support risk reporting and governance. A bachelor’s degree and experience in financial services are preferred, with strong communication