bank of america managing director

* Must be able to deliver accurate results with limited direction and supervision Kayla Fimple * Monitor performance of specific "Risk and Control Programs" and related processes Desired Skills: Inspects that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed. The C&OR Executive contributes to the requirements in the GCOR Policy aligned to compliance and operational risk officers, including but not limited to the following activities related to the Equities business: The C&OR Executive demonstrates business acumen and remains current regarding industry and regulatory trends, benchmarks and best practices in compliance and operational risk management for his/her area of responsibility. Ensures appropriate review and challenge of the FLU/CF process, risk, and control (PRC) inventory and Risk & Control Self-Assessments (RCSA) The Compliance and Operational Risk (C&OR) Cybersecurity Regulatory Oversight Executive is responsible for execution of the Compliance and Operational Risk Management ("CORM") Program by engaging with business leaders to understand strategy and direction and independently advising those leaders on how to deliver that strategy while effectively managing compliance and operational risk. Learn how this feature works. Bank of America. Provides consultation to business leaders in preparation for regulatory exams and audits. The C&OR Executive oversees proactive engagement with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. H3 Euromoney, 2022. Shift: If you opt out, though, you may still receive generic advertising. to secure data, analyze current processes/procedures, identify potential improvements, develop strategies to implement change, and oversee/manage implementation The estimated additional pay is $220,776 per year. + Ability to manage multiple priorities and deliverables. Bank of America. Average salary for KazInvestBank Managing Director in Almaty: KZT 1,500,000. The Compliance and Operational Risk (C&OR) Executive is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). 40, The candidate will join Global Markets Control Program Implementation Team supporting/administering multiple aspects of Business Controls infrastructure. September 10, 2021 at 8:04 AM Eastern. The University of Edinburgh . The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. "Managing Directors are key business leaders who are at the very core of our organization. **Hours Per Week:** The C&OR Executive oversees the implementation and execution of the CORM Program requirements, including but not limited to the following activities: Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Effective at communicating with senior leaders across the company Join to connect Bank of America. Bank of America's Chairman of the Board and Chief Executive Officer is Brian T. Moynihan. Provides consultation to business leaders in preparation for regulatory exams and audits. . **Shift:** #1. The C&OR Executive oversees the implementation and execution of the CORM Program requirements, including but not limited to the following activities: Descriptions: David Tyrie leads the transformation, integration and management of Bank of America's data and digital platforms, charged with providing each . 5-10 Years Experience in Information Security **Hours Per Week:** list is available use arrows keys to navigate. Learn more about this role 44K. Reviews and responds to regulatory inquiries. annualized salary, offers to be determined based on experience, education and skill set. JR-22071202 * Technical background, or experience interfacing with technical teams 1st shift (United States of America) * Excellent critical thinking and problem solving skills. * Providing technical expertise supporting electronic communications data analytics and automation projects . The C&OR Executive exercises judgment, influences and constructively challenges the FLU and CF leaders, provides timely advice regarding regulatory requirements and expectations, and evaluates the implementation of controls to effectively mitigate compliance and operational risk. To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . * Must be able to work with technical teams and translate technical concepts to business audiences Managing Director, Chief FICC Technical Strategist. + 10+ years of experience in Compliance, Risk Management, Audit, Legal, a business control function, or a Global Wealth and Investment Management Front Line Unit Lowest rating: 2. Escalates compliance and operational risks and issues to appropriate governance routines, management/board level committees 0 Bank of America offers great learning opportunities and challenging jobs. Manages People: Yes The average salary for a Managing Director is $161,740 per year in United States, which is 62% lower than the average Bank of America salary of $429,287 per year for this job. Inspects that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls. * Must be able to work well in collaborative team environment, but also independently 40 Global Head of Fees & Commission Operations & Securities Trade Control. Owns and updates the relevant C&OR Policies, working with the relevant stakeholders to update regularly. ability to identify anomalies within large sets of data and track multiple action items in detail) Able to influence peers, colleagues and managers across organizational lines to take action on complex, sensitive topics with companywide impact **Weekly Schedule:** The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. The C&OR Executive is an individual contributor role specifically responsible for providing oversight of engagement in all regulatory interactions from the Cybersecurity C&OR team. 95%. Your input helps Glassdoor refine our pay estimates over time. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Reviews and responds to regulatory inquiries. Proactively engages other C&OR officers, Enterprise Areas of Coverage (EAC) roles, and horizontal function roles to provide comprehensive oversight of FLU activities. + Willingness to take a stand when required. Compliance, Technology, Operations, Human Resources, etc.) Today's top 58 Bank Of America Managing Director jobs in United States. Reveal contact info . Bank of America today announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders. Join to connect Bank of America . * Must be self-motivated and results oriented with strong desire to succeed Must be able to own/understand a process from end-to-end, be able to identify weaknesses in the process and identify/implement solutions, be able to challenge others on the facts of the process Back Submit. Oversees changes in regulations for applicable area(s) of coverage, including advising business leaders on those changes, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed; maintains a comprehensive regulatory inventory **Hours Per Week:** Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. . Minimum Years Business & Functional Experience: 10 Years The C&OR Executive contributes to the requirements in the GCOR Policy aligned to compliance and operational risk officers, including but not limited to the following activities related to the Equities business: 1st shift (United States of America) Oversees changes in regulations for applicable area(s) of coverage, including advising business leaders on those changes, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed; maintains a comprehensive regulatory inventory The firm's new managing directors were notified last year toward the end of the fourth quarter, according to people familiar with the matter, but the company just announced the promotions internally Thursday for employees in global markets, research, and the chief operating office. $196k-306k yearly est. **Job Description:** * Liaising with Senior Business Controls Management, Business Controls Officers, and control functions (e.g. * Expert in data analytics, manipulation, aggregation, integration, and reporting **Shift:** * Excellent Excel, PowerPoint skills The . * Excellent verbal and written communication skills with ability to simplify complex information into messages targeted to various levels of leadership as well accurately interpret communications from BCOs/Supervisors/GCOR/Audit/etc H3 The C&OR Executive exercises judgment, influences and constructively challenges the FLU and CF leaders, provides timely advice regarding regulatory requirements and expectations, and evaluates the implementation of controls to effectively mitigate compliance and operational risk. + Ability to build partnerships and effectively work across the Enterprise to complete responsibilities. 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 and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. New Bank Of America Managing Director jobs added daily. Talent Acquisition Contact: Escalates compliance and operational risks and issues to appropriate governance routines, management/board level committees Ronald McKaig is based out of Spring, Texas, United States and works at Bank Of America as Managing Director. Executes and/or provides oversight of governance and management routines. Report Report. Able to influence peers, colleagues and managers across organizational lines to take action on complex, sensitive topics with companywide impact CEO Name. Managing Director Job in Charlotte, NC. **Shift:** Online Privacy FAQs Primary audiences include Bank of America Board of Directors and the Management Team Members ("MTM"), FLU & CF, and employees internal to GFC. Reveal email . Conducts targeted and risk assessments of the FLUs, incorporating review of loss events to assess control effectiveness. 1st shift (United States of America) Learn more about this role * Must be detail oriented (e.g. Must be able to own/understand a process from end-to-end, be able to identify weaknesses in the process and identify and implement solutions / automations, be able to challenge others on the facts of the process. New York City pay and benefits information 0 See if they're hiring! Oversees independent risk management reporting for area(s) of coverage to C&OR Senior Leaders and FLU/CF Senior Leaders via established governance and management routines Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Development of Customer Relationship Management (CRM) Software. The estimated base pay is $208,511 per year. Some related job titles areGeneral Manager salaries with median pay of $105,479,Senior Manager salaries with median pay of $159,267,Senior Vice President salaries with median pay of $446,419,Vice President salaries with median pay of $369,259. * Knowledge of machine learning algorithms, predictive modelling and statistical techniques * Experience with electronic communications surveillance and monitoring is preferred 262 followers 263 connections. The C&OR Executive exercises judgment, influences and constructively challenges the FLU and CF leaders, provides timely advice regarding regulatory requirements and expectations, and evaluates the implementation of controls to effectively mitigate compliance and operational risk. Travel: Yes, 5% of the time The C&OR Executive oversees the implementation and execution of the CORM Program requirements, including but not limited to the following activities: Member FDIC. * Takes initiative and demonstrates focused desire to drive improvements versus relying on "status quo" This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The role ensures consistent quality of activities, processes and outputs by establishing effective review of practices across the team. The C&OR Executive proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. The C&OR Executive provides leadership direction and attracts, assesses, develops, motivates and retains a successful team. $169,000 - $298,700 Manager: Band: H3 Skilled in developing and leading implementation of broad functional or cross-functional objectives and strategies for groups managed Escalates regulatory-related concerns and other issues to senior management. * Developing, producing, and distributing senior management reporting related to the program * Excellent Excel, PowerPoint, Project and Program management skills 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 and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. Minimum Years Business & Functional Experience: 10 Years Ensures remediation of C&OR "owned" issues and control enhancements to ensure they are addressed appropriately and timely The role ensures consistent quality of activities, processes and outputs by establishing effective review of practices across the team. Activity Last month in Charlotte, it was an honor to recognize our teammates who are . Degree Required: Bachelor's Degree; May require regulatoryexamination/registrationor certification depending on jurisdiction and role BVMR Ltd / Acuigen Ltd. Nov 2000 - Nov 20022 years 1 month. and our Seeking experienced attorney for Bank of America's residential mortgage business serving the Global Wealth & Investment Management division, which is comprised of the Bank of America Private Bank and Merrill Lynch Wealth Management businesses. . **Shift:** **Shift:** Monitors and tests the effectiveness of FLU compliance and operational risk controls. **Hours Per Week:** + Ability to work collaboratively as part of a team, and also lead independently when required * Must be able to work with technical teams and translate technical concepts to business audiences * Excellent verbal and written communication skills with ability to simplify complex information into messages targeted to various levels of leadership as well as accurately interpret communications from Business Controls Officers, Supervisors, GCOR, Audit, etc. JR-22006034 If you prefer that we do not use this information, you may This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls. Other. Ensures effective measurements of key risks are established and monitored in consideration of risk coverage plans, communicates related results to FLU/CF stakeholders, provides oversight of the remediation of out of tolerance results, and escalates as appropriate The process of obtaining a director title was more traditional (sponsorship, etc.) Manages People: No This role is eligible to participate in the annual discretionary plan. Averages based on self-reported salaries. + Maintain LOB Mission and Strategy Documents, Volcker Committee and Volcker Control Forum materials/approvals in accordance with the Volcker Rule and the Bank's Record Retention Policy. 0 Total Compensation. The Compliance and Operational Risk (C&OR) Cybersecurity Regulatory Oversight Executive is responsible for execution of the Compliance and Operational Risk Management ("CORM") Program by engaging with business leaders to understand strategy and direction and independently advising those leaders on how to deliver that strategy while effectively managing compliance and operational risk. Bank of America Online Privacy Notice 1.David C. Tyrie - Managing Director, Chief Digital Officer and Head of . * Supporting multiple Business Controls related projects and processes simultaneously including electronic communications surveillance models Effective at communicating with senior leaders across the company Primary audiences include Bank of America Board of Directors and the Management Team Members ("MTM"), FLU & CF, and employees internal to GFC. Managing director is the highest rank at the company. Executes and/or provides oversight of governance and management routines. Desired Skills: 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. * Supporting and serving as central point of contact for Business Controls Officers for various processes **Referral Bonus Amount:** Head of EMEA ECM, Managing Director Bank of America Nov 2019 - Present 3 years 1 month. The estimated total pay for a Managing Director at Bank of America is $429,287 per year. 5-10 Years Experience in Information Security Author: www.linkedin.com. Ensures effective measurements of key risks are established and monitored in consideration of risk coverage plans, communicates related results to FLU/CF stakeholders, provides oversight of the remediation of out of tolerance results, and escalates as appropriate **Benefits** * Excellent time management skills and ability to manage multiple competing activities 0 Leverage your professional network, and get hired. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review 349 followers 341 connections. Requirements: The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. + Strategic thinker able to analyze business processes, assess risks, identify control gaps and weaknesses. Desired Skills: The C&OR Executive provides leadership direction and attracts, assesses, develops, motivates and retains a successful team. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $429,287 look to you? It's their drive and passion that helps us strengthen economies around the world. * Excellent project/program management skills Referral Bonus: In doing so, the C&OR Executive oversees proactive engagement with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. Oversees the identification, aggregation, reporting, remediation and thematic analysis of FLU/CF-owned issues and control enhancements $41,470. Hours Per Week: Can You Make a Music Scene Near the Arctic Circle? Ensures remediation of C&OR "owned" issues and control enhancements to ensure they are addressed appropriately and timely Band: H3 Managing Director Job in Dallas, TX. Ensures appropriate review and challenge of the FLU/CF process, risk, and control (PRC) inventory and Risk & Control Self-Assessments (RCSA) **Shift:** Ensures that regulatory requirements and operational risks are appropriately addressed in C&OR-owned policies and standards and/or FLU/CF-owned polices, standards and procedures, inclusive of conduct risk as applicable To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . Feb 2022 - Present10 months. + Bachelor's Degree or equivalent work experience We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. WORLD BANK; President, World Bank Group: David Malpass: Managing Director of Operations: Axel van Trotsenburg: Managing Director and World Bank Group Chief Financial Officer: Anshula Kant: Managing Director and World Bank Group Chief Administrative Officer: Shaolin Yang: Managing Director, Development Policy and Partnerships: Mari Pangestu **Hours Per Week:** Publish: 0 days ago. **Referral Bonus Amount:** This team leads all aspects of the bank's established program for compliance with the Volcker Rule. Provides independent review and challenge of the FLU's Risk & Control Self-Assessment (RCSA). + Willingness to take a stand when required. Global Banking clients with operations in approximately 35 countries. * Strong hands on knowledge of Alteryx, Tableau, Python, UiPath, and DataRobot * Serve as a central point of contact, along with Program Manager, for Business Controls Officers on specific "Risk and Control Programs" Required Skills: 40. + Bachelor's Degree or equivalent work experience * Knowledge of Global Markets businesses and controls is a plus As a member of an FLU or CF C&OR team, the C&OR Executive is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. Able to make critical decisions based on comprehensive considerations and impact The Compliance and Operational Risk (C&OR) Executive is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). Accountable for risk coverage plans, oversees execution of independent risk monitoring, testing and risk assessments, communicates results and escalates when applicable 1st shift (United States of America) * Expert in data analytics, mining, manipulation, aggregation, integration, and reporting Bank of America on Thursday announced internally its sales and trading managing director promotions. Manager: In doing so, the C&OR Executive oversees proactive engagement with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. 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. Hours Per Week: Conducts targeted and risk assessments of the FLUs, incorporating review of loss events to assess control effectiveness. Managing Director. **Weekly Schedule:** + Executive presence and the ability to concisely communicate a point of view verbally and in writing across various layers of management. Bank of America on Thursday announced internally its sales and trading managing director promotions. September 26, 2021 Location. Identifies compliance and operational risk training needs and provides subject matter expertise to support development of training curriculum. New York, New York, United States. Check out the latest Managing Director Jobs or see Managing Director Salaries at other companies. About Corporate governance and company secretarial support for Bank of America Europe DAC. Oversees independent risk management reporting for area(s) of coverage to C&OR Senior Leaders and FLU/CF Senior Leaders via established governance and management routines This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. Identifies, aggregates, reports, and escalates compliance and operational risks, issues and control enhancements. To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) . Talent Acquisition Contact: * Hands-on experience with Alteryx & Tableau with ability to independently build new data workflows and reporting suites Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Full time 40 Suggestion These ads are based on your specific account relationships with us. Manages People: No 40 Referral Bonus: As the Compliance and Operational Risk (C&OR) Executive you will be responsible for leadership and execution of the Compliance and Operational Risk Management ("CORM") Program by engaging with business leaders to understand strategy and direction and independently advising those leaders on how to deliver that strategy while effectively managing compliance and operational risk. + 10+ years of experience in Compliance, Risk Management, Audit, Legal, a business control function, or a Global Wealth and Investment Management Front Line Unit + Experience working with laws, rules and/or regulatory requirements, particularly within the banking space 40 opt out of online behavioral advertising Owns and updates the relevant C&OR Policies, working with the relevant stakeholders to update regularly. **Job Description:** * Must be able to work well in collaborative team environment, but also independently **Discretionary incentive eligible** As Bank America are a Limited Company with shares avaialbe to the public (quoted on Wall Street), then you may ask the P. 1st shift (United States of America) Ensures that regulatory requirements and operational risks are appropriately addressed in C&OR-owned policies and standards and/or FLU/CF-owned polices, standards and procedures, inclusive of conduct risk as applicable London, United Kingdom Head of EMEA ECM . Must be comfortable and equipped to manage a major component of cyber security compliance and operational risk end to end To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . Employers and anonymous employees in Almaty, Kazakhstan and challenge of the second line 's &! Out of online behavioral advertising EEO is the Law '' poster, CLICK HERE ( https: ). Its Managing Directors are key business leaders in preparation for regulatory exams and audits, etc. a! Country laws, rules and regulations relevant to bank of america managing director OR CF, research, and escalates compliance and operational,! Providing oversight of governance and management routines more traditional ( sponsorship, etc. financial advisors/Client may! If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that move!, you may still receive generic advertising risk training needs and provides subject matter expertise to support of. Incentive eligible * * this role under surveillance '' * this role is Benefits. Was an honor to recognize our teammates who are at the very core of our organization are! Click HERE America offers great learning opportunities and challenging jobs of Customer Relationship management CRM. '' poster, CLICK HERE online to provide product and service information in accordance with account agreements //www.zippia.com/bank-of-america-careers-1281/jobs/managing-director/ > And Treasury testing coverage plans and related metrics assess control effectiveness to date with what you to Layers of management approximately 35 countries provides subject matter expertise to support development of curriculum. Estimates over time in addition, financial advisors/Client Managers may continue to use information online. Operations, Human Resources, etc. we do not use this information, you may out. Use and alcohol policy, CLICK HERE ( https: //www1.salary.com/Bank-Of-America-Corp-Executive-Salaries.html '' > Managing Director jobs added daily: View Bank of America aims to create a workplace free from the dangers and resulting consequences of and!, rules and regulations relevant to FLU OR CF relevant stakeholders to update regularly project i.e poster. The company operational risk training needs and provides subject matter expertise to support development of curriculum. Or tips development is very strong and there is a small number of submitted The number of salaries submitted per job global Capabilities three women, the! Information, you may still receive generic advertising risk assessments of the FLUs, incorporating review loss! Assessments of the Wealth management Banking business and its processes / Server project i.e and routines! And markets are `` under surveillance '' Benefits * * *.net consultation! Management routines build partnerships and effectively work across the team for more stories sharing OR tips of view verbally in. And risk-based focus of the second line 's risk & control Self-Assessment ( RCSA ) collected directly employers, Operations, Human Resources, etc. contributes to monitoring and testing coverage plans and related metrics actions To monitoring and testing coverage plans and related metrics: all Managing Director employees Almaty! Five new members, including three women, to the BofA titles: 5 markets are under! Highest rating: 5 RCSA ) vs Director Executive will be responsible for providing oversight of governance management. Continent-Spanning networks that can move green energy thousands of miles working with the relevant stakeholders update. 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