Consumer Compliance and Operational Risk Manager

Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content. Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies. Ensures C&OR “owned” issues and control enhancements are identified and addressed appropriately and timely. Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results. Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate. Participates in Scenario Analysis activities for coverage areas and challenges as appropriate.

According to JobzMall, the average salary range for a Consumer Compliance and Operational Risk Manager in Bank of America Plaza, 901 Main St, Dallas, TX 75202, USA is $91,500 to $171,000 per year. This salary range is based on salaries reported by users on the site.

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.