Director; Compliance and Operational Risk Manager New York, New York **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/New-York/Director--Compliance-and-Operational-Risk-Manager\_25034452) **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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! **RESPONSIBILITIES:** + Identify, report and escalate risks, issues and control enhancements to Front Line Units/ Control Function (FLU/CF) management. + Address inquiries, exams and audits (by regulators, exchanges and internal groups). + Work with front line units to ensure day to day activities operate in compliance with laws, rules, and regulations. + Provide advice and guidance to FLU/CF on applicable laws, rules and regulations. + Oversee operational risk matters, such as operational loss events. + Conduct periodic thematic reviews. + Participate in strategic initiatives (internal or regulator-driven) in the Business and in Compliance and Operational Risk. + Identify training needs, conduct in-person training and contribute to training curriculum. + Update relevant policies and procedures to reflect regulatory requirements for FLU/CF. + Conduct risk assessments, prepare annual CCO reports, and monitor the effectiveness of front-line risk controls. + Assist in the execution of governance and management routines. + Provide independent compliance and operational risk oversight of global markets sales and trading businesses, challenge and drive performance in alignment with compliance and operational risk management policies applicable to global markets activities and operations. + Provide subject matter expertise to assist the global markets businesses in establishing an annual learning plan and developing and delivering training content. + Utilize knowledge of global markets sales and trading business practices to provide proactive identification, oversight and escalation of compliance and operational risks through the execution of risk management program elements. + Implement appropriate Compliance and Operational Risk controls, policies and procedures utilizing knowledge of existing regulatory framework, emerging risks and industry best practice related to Credit markets, including Investment Grade, High Yield, Distressed and Emerging Markets Bonds. **REQUIREMENTS:** + Master's degree or equivalent in Finance, Statistics, Mathematics, or related and + 7 years of experience in the job offered or a related Quantitative occupation. + Must include 7 years of experience in each of the following: + Providing independent compliance and operational risk oversight of global markets sales and trading businesses, challenging and driving performance in alignment with compliance and operational risk management policies applicable to global markets activities and operations; + Providing subject matter expertise to assist the global markets businesses in establishing an annual learning plan and developing and delivering training content; + Utilizing knowledge of global markets sales and trading business practices to provide proactive identification, oversight and escalation of compliance and operational risks through the execution of risk management program elements; and, + Implementing appropriate Compliance and Operational Risk controls, policies and procedures utilizing knowledge of existing regulatory framework, emerging risks and industry best practice related to Credit markets, including Investment Grade, High Yield, Distressed and Emerging Markets Bonds. 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. **EMPLOYER:** BofA Securities, Inc. **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. 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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.