Risk Management Sr. Specialist - EIM Workflow

Full-time - Entry Level

Chicago, IL

About the position

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! Role Overview: This job is responsible for assisting in providing risk oversight and advice to the Line of Business (LOB) on risk management issues. Key responsibilities include monitoring and adhering to risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards, assisting in conducting execution of risk framework activities including independent monitoring and testing of controls and risk management processes for the LOB. Job expectations include the ability to recognize all risk categories including credit, market, operational, and compliance.

Responsibilities

• Assists in establishing and overseeing the risk management governance structure for the Line of Business (LOB)
• Assists in conducting execution of risk framework activities including monitoring and testing of controls and risk management processes for the LOB
• Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to risk categories
• Ensures adherence to the policies and procedures established by the company
• Supports the management of risk requests, breach remediation's and providing risk effective challenges for front line units

Requirements

• Experience in business operations or support, risk management, issues management, regulatory support (or related experience), or a combination of each
• Technology experience
• High attention to detail and strong organizational skills
• Self-starter with excellent problem solving and follow-up skills
• Ability to work well under pressure, adapt to unexpected events, prioritize and multi-task in a deadline-driven environment
• Pro-actively understanding responsibilities and manage tasks independently

Nice-to-haves

• Analytical Thinking
• Critical Thinking
• Portfolio Analysis
• Decision Making
• Oral Communications
• Presentation Skills
• Technical Documentation
• Written Communications
• Active Listening
• Issue Management
• Regulatory Compliance
• Agile experience
• Issue Management knowledge and experience

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support to employees
• Discretionary incentive eligible
• Annual discretionary award based on performance