Risk and Control Opportunities

Job Description:
Corporate Title: Officer OR Assistant Vice President
Location: London
Line of Business: Global Technology & Operations

We are looking for talented professionals with experience in Risk & Control to help us fulfil future opportunities in our Global Technology & Operations team. You will help us to manage, sustain and develop a range of risk management processes and governance routines.

Our team has an extremely collaborative approach that focuses on personal development; our workload constantly changes based on business demands, so we have to consistently improve and innovate together in order to achieve our goals. In addition to receiving extensive coaching and training, you will have the opportunity to draw upon upon the knowledge of experienced individuals from a diverse range of backgrounds, to enhance your skillset and your ability to successfully influence Senior Executives.

The work you deliver will be an integral part of our future success. Managing risk well is foundational to our purpose and values - and to delivering responsible growth. It contributes to the strength and sustainability of our company for the future, and it supports the work we do today to serve our clients, community, shareholders and employees.

Accountabilities:

Our Risk & Control professionals manage risk management processes and governance routines which include:

• Monitoring and oversight of Key Risk Indicators and providing analysis of:
  • Audit Reports rated Less than Satisfactory;
  • Self-Identified and Audit-Identified issue management;
  • Top Risks, Emerging Risks and Get-to-Green plans;
  • Operational Loss Events and Near Misses.
• Updating the Process, Control & Risk Inventory and preparing Process Health Dashboards
• Preparing periodic Risk & Control Self Assessments and Residual Risk Heatmaps
• Coordinating reporting and escalation to senior management and to governance forums
• Promoting Conduct Risk Awareness and coordinating the Conduct Risk Taskforce
• Coordinating regular Risk-focussed training sessions
• Coordinating preparation for regulatory examinations and responses to regulatory surveys/questionnaires

Qualifications:

• Solid academic background, which may include a postgraduate qualification

Skills:

• Good analytical skills and critical thinking skills
• Logical problem solver with the ability to assess and synthesize information with clarity and precision
• Good organisational skills and an ability to prioritise and coordinate multiple tasks with competing deadlines
• Experience of risk management tools and techniques
• Knowledge of technology and/or operations functions would be an advantage
• Functional experience of global banking and/or global markets would be an advantage
• Good written and verbal communication skills

Competencies:

• The ability to develop solid relationships with business partners
• Demonstrable self-motivation and a results-oriented approach
• The ability to deliver results with limited direction and supervision
• A drive for achieving operational excellence, with strong attention to detail
• A proven ability to learn and adapt

About Bank of America Merrill Lynch

Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services. Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses.

The company has had a presence in EMEA since 1922. With offices in 23 countries on three continents, it offers an integrated and comprehensive set of products and services across Global Corporate and Investment Banking, Global Markets and Consumer Card, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise. Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch's responsibility platform. In more than 90 countries around the world, we partner with employees, clients and stakeholders to help make financial lives better.

Apply

If you're interested in these forthcoming opportunities, please send your details to us by applying online.

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 mindset 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 gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.