Wealth Management Business Enablement & Governance Manager

Company: Bank of America
Location: Mount Prospect
Posted on: June 17, 2022

Job Description:

Wealth Management Business Enablement & Governance ManagerCharlotte, North Carolina;Pennington, New Jersey; Jacksonville, Florida; Mount Prospect, Illinois; Boston, Massachusetts; New York, New York**Job Description:**The Wealth Management Business Enablement & Governance (WMBEG) Manager will enable a proactive risk management culture by applying risk management and governance subject matter expertise to influence and support a culture of risk identification, escalation and timely mitigation of compliance and operational risks. The WMBEG Manager will provide support to the Wealth Management Business Enablement Executive to allow for timely and informed decisions related to Wealth Management's Risk Framework elements (e.g., Single Process Inventory, Key Risk Indicators and Risk Appetite). Primarily the role will support and enhance Wealth Management's Key Risk Indicator and Risk Appetite metric portfolio including policy requirements and governance.The WMBEG Manager will drive accountability and risk identification across Wealth Management while providing oversight activities on foundational Risk Framework elements. The manager will sit in an overarching role collaborating with front line leaders, Corporate Audit, Legal, Compliance and Risk control partners to proactively identify, debate and assess potential risks.**Responsibilities:**+ Foundational knowledge of Wealth Management Business and Business Enablement/ Governance as it relates to its application to daily work activity and team priorities.+ Directly or via a team, documents, analyzes, reports, and escalates as needed risk issues (e.g., control weaknesses, violations, metric breaches); synthesizes the data for emerging trends or systemic issues.+ Directly or via a team, drives the mitigation of compliance and operational risk through issue remediation/action plans, and training needs; determines approach and possible solutions.+ Communicates risks and issues concisely, clearly, and timely, drives transparency and accountability with appropriate parties.+ Leads the planning, prioritization, and execution of Risk Framework routines (e.g., KRI and Risk Appetite).+ Escalates in a timely manner to appropriate leaders and senior management as warranted.**Job Band:**H4**Shift:**1st shift (United States of America)**Hours Per Week:**40**Weekly Schedule:****Referral Bonus Amount:**0**Job Description:**The Wealth Management Business Enablement & Governance (WMBEG) Manager will enable a proactive risk management culture by applying risk management and governance subject matter expertise to influence and support a culture of risk identification, escalation and timely mitigation of compliance and operational risks. The WMBEG Manager will provide support to the Wealth Management Business Enablement Executive to allow for timely and informed decisions related to Wealth Management's Risk Framework elements (e.g., Single Process Inventory, Key Risk Indicators and Risk Appetite). Primarily the role will support and enhance Wealth Management's Key Risk Indicator and Risk Appetite metric portfolio including policy requirements and governance.The WMBEG Manager will drive accountability and risk identification across Wealth Management while providing oversight activities on foundational Risk Framework elements. The manager will sit in an overarching role collaborating with front line leaders, Corporate Audit, Legal, Compliance and Risk control partners to proactively identify, debate and assess potential risks.**Responsibilities:**+ Foundational knowledge of Wealth Management Business and Business Enablement/ Governance as it relates to its application to daily work activity and team priorities.+ Directly or via a team, documents, analyzes, reports, and escalates as needed risk issues (e.g., control weaknesses, violations, metric breaches); synthesizes the data for emerging trends or systemic issues.+ Directly or via a team, drives the mitigation of compliance and operational risk through issue remediation/action plans, and training needs; determines approach and possible solutions.+ Communicates risks and issues concisely, clearly, and timely, drives transparency and accountability with appropriate parties.+ Leads the planning, prioritization, and execution of Risk Framework routines (e.g., KRI and Risk Appetite).+ Escalates in a timely manner to appropriate leaders and senior management as warranted.**Shift:**1st shift (United States of America)**Hours Per Week:**40Learn more about this roleFull timeJR-22049270Band: H4Manages People: NoTravel: Yes, 5% of the timeManager:Talent Acquisition Contact:Marianne IsgurReferral Bonus:0Bank 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. 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 "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .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) .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.To view Bank of America's Drug-free workplace and alcohol policy, CLICK HERE .

Keywords: Bank of America, Mount Prospect , Wealth Management Business Enablement & Governance Manager, Executive , Mount Prospect, Illinois