Policy Implementation Specialist - GBAM

  • Competitive
  • Charlotte, NC, USA
  • Festanstellung, Vollzeit
  • Bank of America Corporation
  • 13 Okt 17 2017-10-13

The Compliance Policy Implementation Specialist, under supervision of a Policy Implementation leader, contributes to the successful implementation of the Global Compliance Enterprise Policy (GC Policy) compliance management activities by compliance officers.This role may communicate with and resolves questions and concerns of compliance officers.The Compliance Policy Implementation Specialist assists in monitoring compliance officers adherence to the GC Policy requirements. The role assists in combining and reporting data from process outputs for the Chief Compliance Officer for the Front Line Units or Control Functions. The Compliance Policy Implementation Specialist supports consistent quality of activities, processes and outputs through review of deliverables.

Job Description
General Job Description
Implements and monitors compliance programs for one or more departments or functions and related vendors within GBAM. Supports accountability for Compliance elements of the Risk Framework, maintaining independent compliance oversight of business and vendor performance. Maintains the culture of Compliance and supports the identification, escalation and timely mitigation of compliance risks. Applies knowledge and expertise to influence business managers and peers to ensure enforcement of compliance programs, balancing business strategy with appropriate risk management controls. Communicates and interacts with regulatory agencies, external consultants, and other internal risk management groups within area of responsibility. May manage other employees.
                Specific Job Description
Assist in the management and development of the conflicts of interest program for GBAM, including developing policy and guidance, training and assisting in regular routines
Enhance conflicts program with the development of metrics and the review of conflicts trends, and begin tracking regulatory changes/best practices related to conflicts management
Assist in the management and development of the conduct review process for GBAM, including developing procedures, preparing materials for routines, liaising with the business and other support partners, and preparing/reviewing reporting and metrics
Enhance conduct program to standardize the approach to conduct review globally, account for expectations in various regions/business lines related to conduct, and analyze conduct/policy breach trends
Manage ad hoc projects and initiatives for the department, respond to regulatory/audit requests, maintain lists of and updates to key regulatory obligations, and provide overarching support and structure for the team
Create or assist in creation of ad hoc reports and/or metrics
Correspond with FLU/CF partners and senior Compliance leadership on key deliverables and inputs
Bachelor’s degree;
4+ years of general broker-dealer legal/regulatory/compliance experience, preferably in an investment bank or law firm;
Ability to work effectively in a global environment; leveraging and sharing best practices and insights of Legal and Compliance colleagues globally;
Strong strategic, problem solving and analytical skills;
People skills, leadership qualities and communication skills;
Motivation, diligence and excellent writing skills;
Excellent organizational skills;
Attention to detail;
Ability to work on multiple projects in a fast paced environment;
Legal degree a plus but not required;
Regulatory experience a plus but not required.