Job DescriptionThe Country Compliance and Operational Risk (C∨) Manager is responsible for ensuring the identification, escalation and timely mitigation of compliance and operational risks in the country in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs).The Country C∨ Manager assists in engaging other C∨ officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. The Country C∨ Manager assists in preparing materials for C∨ regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.This role is responsible for GCOR coverage of the Global Markets, Global Corporate & Investment Banking, and Global Commercial Banking businesses in Canada. The knowledge and expertise to provide second line oversight is crucial to ensuring the firm meets local regulatory requirements relating to monitoring and testing and other oversight requirements. Further, this role is responsible for escalations internally from EIT as well as from regulators and for interpreting the application of local laws, rules and regulations and for conducting annual and target risk assessments. Coverage is for multiple business lines and functions, including but not limited to equity,



fixed income and derivatives sales and trading.ResponsibilitiesAssists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routinesAssists with the oversight of FLU/CF training which may include content development and/or tracking and communication of completion ratesAssists with the development and maintenance of C&OR-owned; policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicableMonitors the regulatory workplace to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirementsAssists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancementsAssists in remediating C∨ "owned" issues and control enhancementsContributes to or leads development of risk coverage plans, executes and / or oversees execution of monitoring, testing and risk assessments,



communicates resultsReviews and challenges the regional contributions to Reviews and challenges the FLU/CF process, risk and control inventory and FLU/CF Risk & Control Self-Assessment (RCSA)Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controlsSupports Scenario Analysis activities for coverage areas and challenges as appropriateQualificationsUniversity degree or equivalentMinimum of 5 years' experience in securities in a financial institutionMust have compliance experience in futures and fixed income tradingCompliance experience in equities trading would be an assetFrench language skills would be an assetProject management experienceBenefits & CompensationPay range: $117,000.00 - $157,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive: eligible to participate in the annual discretionary plan, with award based on individual performance and overall company success.Benefits: competitive benefits, paid time off, resources and support to employees to make a genuine impact and contribute to sustainable growth.Additional InformationHours Per Week: 37.5Equal Opportunity EmploymentBank of America is an Equal Opportunity Employer. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.#J-18808-Ljbffr

📌 Country Compliance And Operational Risk Manager - $117,000 - $157,000 A Year (Winnipeg)
🏢 Bank of America
📍 Winnipeg