Description
At Bank of America, you will be guided by a common purpose to help make financial lives better through the power of every connection.
You will join the Product Risk Execution team within the Global Payments Solutions (GPS) organization, which focuses on elevating risk management to become a strategic function and enabler of Responsible Growth.
Your main responsibility will be to drive risk deliverables across the GPS Product organization, with a focus on 12 countries across APAC.
Key Responsibilities:
- Enable execution of risk management across GPS APAC, ensuring high-quality product risk governance across various processes.
- Engage and influence control partners, such as Business Controls, COO, Global Banking Risk, and others.
- Manage regular routines with Product Managers and other partners to identify and review current open issues, watch items, and upcoming regulations.
- Drive and QA development of Product Intake assessments, Product Risk Assessments (PRAs), Single Process Inventories (SPIs), and other Risk deliverables.
- Lead SPI owners on risk and controls assessment, including identifying processes and providing advisory on creation and updates of SPIs.
- Lead regulatory change management, timely assessments, past due items, and escalations as needed.
- Advise Product Managers on responding to audit questions and requests for information.
- Monitor key risk indicators across GPS products.
Required Skills:
- 3+ years of experience in Process Design, Business Controls, Risk Management, Product Risk, or related risk functions.
- Strong analytical, organizational, and problem-solving skills.
- Ability to quickly learn complex products, processes, and risk requirements.
- Demonstrated ability to manage multiple priorities, stakeholders, dependencies, and deadlines.
- Strong written, verbal, and presentation skills.
- Proficiency with Microsoft Office products, including Excel, PowerPoint, Word, and Visio.
Desired Skills:
- 3+ years of Product-related experience, preferably within financial services or a risk-focused environment.
- Bachelor’s degree or equivalent professional experience.
- Familiarity with Third Party processes and requirements.
- Familiarity with application and data risk processes and tools.
- Demonstrated ability to navigate a complex enterprise and establish trusted relationships.
- Experience applying automation, artificial intelligence (AI), and other technology capabilities.