Director; Compliance and Operational Risk Manager
Company: Bank of America
Location: Charlotte
Posted on: April 1, 2026
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Job Description:
Job Description: At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. We do this by driving Responsible Growth and
delivering for our clients, teammates, communities and shareholders
every day. Being a Great Place to Work is core to how we drive
Responsible Growth. This includes our commitment to being an
inclusive workplace, attracting and developing exceptional talent,
supporting our teammates’ physical, emotional, and financial
wellness, recognizing and rewarding performance, and how we make an
impact in the communities we serve. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. At Bank of America, you can build a successful
career with opportunities to learn, grow, and make an impact. Join
us! Responsibilities Create and manage a global coverage plan which
defines the scope and focus of the second line’s risk management
activities for the oversight of international financial crimes
compliance and operational risk program across multiple
jurisdictions. Monitor global regulatory environment and
participate in industry forums to identify areas of focus and
conduct benchmarking to update international financial crimes
Compliance and Operational Risk program elements, including the
coverage activities, accordingly. Communicate with International
Financial Crimes Risk senior stakeholders to influence decisions
and strategy regarding process health, control adequacy and
performance, governance, metric performance, regulatory training
needs and ensure necessary escalation to align with U.S. and
international risk management standards/ requirements by leveraging
governance meetings and tools such as Monthly Process Performance
Monitoring. Develop and implement monitoring, testing, and targeted
assessments, contributing to quarterly risk reviews, risk
identification (Risk ID) and risk self-assessment (RCSA) as
applicable and engaging as a Risk Officer for Project Change
Management related to international Financial Crimes Risk across
multiple regions to ensure compliance with US and International
Financial Crimes Laws, Rules and Regulations (LRRs), and
Enforcement Actions. Ensure Compliance and Operational Risk “owned”
issues (Internal Audit, Self-Identified issues, and Regulator
identified issues) are addressed appropriately and timely.
Reviewing the issues, action steps and remediation efforts owned by
International Global Financial Crimes Risk and providing feedback
to the GCOR executive approvers. Remote work may be permitted
within a commutable distance from the worksite. Required Skills &
Experience Bachelor's degree or equivalent in Economics,
Statistics, Finance, Law, or related: and 10 years of progressively
responsible experience in the job offered or a related Quantitative
occupation. Must include 10 years of experience in each of the
following: Leveraging in-depth knowledge of Financial Crimes
Frameworks, Laws, Rules, and Regulations (LRRs) to implement both
U.S. and international regulations in international jurisdictions,
differentiating between international and U.S. financial crimes
compliance and operational risk landscapes, recognizing
region-specific challenges, understanding the impact of external
events, and addressing business processes that heighten compliance
and operational risk through applying deep subject matter expertise
in regulatory environments; Interacting with international and U.S.
financial regulators and handling regulatory examinations and
remediation requirements across diverse jurisdictions; Reconciling
conflicting regulatory requirements, including US versus local laws
in international regions, and develop and implement compliance and
operational risk programs that align with both US and international
regulatory expectations; Reviewing and challenging the remediation
plans/ actions for the Matters Requiring Attention (MRA), Matters
Requiring Immediate Attention (MRIA) and Consent Order remediation
efforts across both international regions and the U.S., ensuring
compliance with regulatory requirements and addressing any
identified gaps; Working with centralized platforms for compliance
and operational risk program elements, including monitoring,
testing, targeted assessments, quarterly risk reviews, Risk and
Control Self-Assessment (RCSA), Risk Identification (Risk ID),
process management and issue management; and, Executing Global
Financial Crimes Compliance and Operational Risk oversight program
for international jurisdictions within multinational financial
institutions operating in complex regulatory environments. If
interested apply online at www.bankofamerica.com/careers or email
your resume to bofajobs@bofa.com and reference the job title of the
role and requisition number. Bank of America N.A. Shift: 1st shift
(United States of America) Hours Per Week: 40
Keywords: Bank of America, Rock Hill , Director; Compliance and Operational Risk Manager, Accounting, Auditing , Charlotte, South Carolina