Compliance and Operational Risk Manager

Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines. Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content. Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable. Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements. Ensures C&OR “owned” issues and control enhancements are identified and addressed appropriately and timely. Reviews and challenges internal and external operational loss events.

According to JobzMall, the average salary range for a Compliance and Operational Risk Manager in 401 N Tryon St, Charlotte, NC 28202, USA is $60,000 to $145,000 per year. This is dependent on the employer, the level of experience, and the qualifications of the individual.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.