To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) . 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. Managing Director. The estimated total pay for a Managing Director at Bank of America is $429,287 per year. * Expert in data analytics, manipulation, aggregation, integration, and reporting September 26, 2021 Location. * Expert in data analytics, mining, manipulation, aggregation, integration, and reporting Bank of America Corp. elevated 105 executives to managing director level across the global corporate and investment banking unit, according to people with knowledge of the matter. The C&OR Executive provides leadership direction and attracts, assesses, develops, motivates and retains a successful team. 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. Please try our homepage, or visit: We strive to provide you with information about products and services you might find interesting and useful. Desired Skills: Primary audiences include Bank of America Board of Directors and the Management Team Members ("MTM"), FLU & CF, and employees internal to GFC. 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. This promotion recognizes the hard work and commitment of these individuals and introduces them to a new level of leadership, dedication and contribution to our firm, Matthew Koder, president of global corporate and investment banking, wrote in a memo announcing the new names, seen by Bloomberg. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. 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: Shift: 40 The company is adding five new members, including three women, to the senior management team, further strengthening diversity at . * Must be able to work with technical teams and translate technical concepts to business audiences Ensures remediation of C&OR "owned" issues and control enhancements to ensure they are addressed appropriately and timely to secure data, analyze current processes/procedures, identify potential improvements, develop strategies to implement change, and oversee/manage implementation **Weekly Schedule:** 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. Sign up for notifications from Insider! 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. Paul is head of FICC technical strategy research and a Managing . + Ability to build partnerships and effectively work across the Enterprise to complete responsibilities. Leading Global Capabilities. Bank of America Corp. named 279 managing directors across the company, and the roster reflects a push for more diversity at the bank, according to a person familiar with the matter.. Provides independent review and challenge of the FLU's Risk & Control Self-Assessment (RCSA). list is available use arrows keys to navigate. 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. **Weekly Schedule:** If you opt out, though, you may still receive generic advertising. 40, The candidate will join Global Markets Control Program Implementation Team supporting/administering multiple aspects of Business Controls infrastructure. Desired Skills: To view the "EEO is the Law" poster, CLICK HERE. Development of Customer Relationship Management (CRM) Software. Ronald McKaig is based out of Spring, Texas, United States and works at Bank Of America as Managing Director. Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Learn how this feature works. Requirements: The C&OR Executive oversees the implementation and execution of the CORM Program requirements, including but not limited to the following activities: + Experience working in Retail Financial Services or similarly regulated sector This role is eligible to participate in the annual discretionary plan. Oversees the identification, aggregation, reporting, remediation and thematic analysis of FLU/CF-owned issues and control enhancements There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. * Knowledge of machine learning algorithms, predictive modelling and statistical techniques Please note that all salary figures are . 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. Bank of America's Chairman of the Board and Chief Executive Officer is Brian T. Moynihan. Fraud Executive, Managing Director. Bank of America on Thursday announced internally its sales and trading managing director promotions. * Knowledge of global markets risk and controls Help make it more accurate by adding yours. Oversees the identification, aggregation, reporting, remediation and thematic analysis of FLU/CF-owned issues and control enhancements 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. Executes and/or provides oversight of governance and management routines. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. . 1st shift (United States of America) **Referral Bonus Amount:** New York City pay and benefits information Managing Director Job in Charlotte, NC. Effective at communicating with senior leaders across the company Band: H3 CEO Pay Ratio. Bank of America is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other websites. Apply for the Fraud Executive, Managing Director position (Job ID: 22067089), with openings in multiple locations, at Bank of America. * Must be detail oriented (e.g. * Excellent project/program management skills + Ability to work collaboratively as part of a team, and also lead independently when required Referral Bonus: Escalates compliance and operational risks and issues to appropriate governance routines, management/board level committees Provides guidance to the FLU on regulatory requirements. * Analyzing, monitoring, interpreting, and reporting data from core Business Controls tools/processes and leveraging it to identify and drive resolution of potential issues or inefficiencies 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. "Managing Directors are key business leaders who are at the very core of our organization. H3 As Bank America are a Limited Company with shares avaialbe to the public (quoted on Wall Street), then you may ask the P. Lowest rating: 2. Inspects that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed. 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. Oversees Scenario Analysis activities for assigned coverage areas, including appropriate challenge and approvals Able to influence peers, colleagues and managers across organizational lines to take action on complex, sensitive topics with companywide impact JR-22006034 Travel: Yes, 5% of the time **Job Description:** To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. Back Submit. Full time 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) . 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. A Bank of America spokesman declined to comment. + Experience working with laws, rules and/or regulatory requirements, particularly within the banking space New York, New York, United States. Oversees C&OR input into the FLU/CF annual learning plan which may include developing and delivering training content 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 This team leads all aspects of the bank's established program for compliance with the Volcker Rule. * Strong technical background and experience interfacing with technical teams 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 + Bachelor's Degree or equivalent work experience 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. Skilled in developing and leading implementation of broad functional or cross-functional objectives and strategies for groups managed Author: www.linkedin.com. Degree Required: Bachelor's Degree; May require regulatoryexamination/registrationor certification depending on jurisdiction and role CEO Pay. NOW WATCH: What happens when you sleep in your contacts, Visit Business Insider's homepage for more stories. JR-22085607 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. Learn more about this role 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 Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Minimum Years Business & Functional Experience: 10 Years **Referral Bonus Amount:** The process of obtaining a director title was more traditional (sponsorship, etc.) 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 executive training and development is very strong and there is a good culture. The page you are looking for cannot be found. Referral Bonus: 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 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. If you prefer that we do not use this information, you may Additional pay could include bonus, stock, commission, profit sharing or tips. 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 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. * Experience with electronic communications surveillance and monitoring is preferred 0 Full time The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. The C&OR Executive provides leadership direction and attracts, assesses, develops, motivates and retains a successful team. * Excellent Excel, PowerPoint skills **Hours Per Week:** **Hours Per Week:** Bank of America offers great learning opportunities and challenging jobs. Accountable for risk coverage plans, oversees execution of independent risk monitoring, testing and risk assessments, communicates results and escalates when applicable Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. **Hours Per Week:** The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. . 1st shift (United States of America) 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. r*****@concen***.net. Bank of America Online Privacy Notice 0 + 10+ years of experience in Compliance, Risk Management, Audit, Legal, a business control function, or a Global Wealth and Investment Management Front Line Unit BVMR Ltd / Acuigen Ltd. Nov 2000 - Nov 20022 years 1 month. $1.5 Billion Powerball Is Fun. Associates at Morgan Stanley topped the tables with a total reward of 136,000, shortly followed by those at Goldman Sachs on 131,000 and those at Bank of America on 125,000. $41,470. $196k-306k yearly est. Based on 1 salaries posted anonymously by KazInvestBank Managing Director employees in Almaty. * Excellent time management skills and ability to manage multiple competing/concurrent activities 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 today announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders. 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. Head of EMEA Equity Capital Markets at Bank of America London, England, United Kingdom. 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. annualized salary, offers to be determined based on experience, education and skill set. Answer: Pull the company returns to your Equivalent of Companies House, and it should show the names of the Directors and their salaries, including highest paid (usually MD) . Monitors and tests the effectiveness of FLU compliance and operational risk controls. Requirements: Bank of America announced its new crop of managing directors Thursday, promoting 86 people across its sales and trading, research, and operations groups a 16% uptick from last year's tally. * Excellent time management skills and ability to manage multiple competing activities Talent Acquisition Contact: + Ability to manage multiple priorities and deliverables. The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. Report Report. Meet some of the people who work here and see how their journeys can inspire your career. 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. Hours Per Week: * Must be able to work well in collaborative team environment, but also independently $10,955,546. Online Privacy FAQs The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. Required Skills: Bank of Amer. Last year, the firm promoted 74 managing directors in its across the groups. **Shift:** Average Bank of America Managing Director yearly pay in the United States is approximately $250,000, which is 152% above the national average. Join to connect Bank of America . Referral Bonus: Ensures appropriate review and challenge of the FLU/CF process, risk, and control (PRC) inventory and Risk & Control Self-Assessments (RCSA) 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 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. 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. Executive. See the full leadership team at Craft. The People of Bank of America Meet Our People It's the people you work with that make where you work Every one of our employees has been where you are. 0 Reveal contact info . 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. The C&OR Executive will be responsible for providing oversight of the Wealth Management Banking business and its processes. * Support multiple Central Business Controls horizontal "Risk and Control Programs" across GM in partnership with Program Manager Owns and updates the relevant C&OR Policies, working with the relevant stakeholders to update regularly. The GFC Executive I also oversees the filing of all . 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 Travel: Yes, 5% of the time By clicking Continue, you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security. Bank of America sup3rn0va. to secure data, analyze current processes/procedures, identify potential improvements, develop strategies to implement change, and oversee/manage implementation JR-22071202 Learn more about this role Are Republicans Right About Americas Crime Wave? The firm promoted 86 people in global markets, research, and the COO office, up from last year. The role ensures consistent quality of activities, processes and outputs by establishing effective review of practices across the team. Average salary for KazInvestBank Managing Director in Almaty: KZT 1,500,000. Candidate must be able to thrive in a fast-paced and high-pressure environment with primary responsibilities for: * Excellent critical thinking and problem solving skills. Averages based on self-reported salaries. #1. September 10, 2021 at 8:04 AM Eastern. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $429,287 look to you? * Must be able to work well in collaborative team environment, but also independently Escalates compliance and operational risks and issue. Identifies compliance and operational risk training needs and provides subject matter expertise to support development of training curriculum. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Almaty, Kazakhstan. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. The estimated base pay is $208,511 per year. These ads are based on your specific account relationships with us. The C&OR Executive will be responsible for providing oversight of the Wealth Management Banking business and its processes. The role ensures consistent quality of activities, processes and outputs by establishing effective review of practices across the team. Bank of America on Thursday announced internally its sales and trading managing director promotions. Compliance, Technology, Operations, Human Resources, etc.) + Executive presence and the ability to concisely communicate a point of view verbally and in writing across various layers of management. The C&OR Executive also advises business leaders in preparation for FLU/CF regulatoryexams/audits/inquiries,participates in FLU/CF regulatory meetings, and oversees preparation of materials for C&OR regulatoryexams/audits/inquiries. 1.8M. Band: H3 Required Skills: New York, New York. **Job Band:** * Liaising with Senior Business Controls Management, Business Controls Officers, and control functions (e.g. + Executive presence and the ability to concisely communicate a point of view verbally and in writing across various layers of management. 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. See if they're hiring! Taylor Pitre + Ability to build partnerships and effectively work across the Enterprise to complete responsibilities. 0 * Technical background, or experience interfacing with technical teams + Willingness to take a stand when required. Aug 6, 2020 2 1. The economy and markets are "under surveillance". Member FDIC. Travel: Yes, 5% of the time 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. Oct 2017 - Aug 201811 months. **Discretionary incentive eligible** 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. The estimated total pay for a Managing Director at Bank of America is $429,287 per year. Check out the latest Managing Director Jobs or see Managing Director Salaries at other companies. + Strategic thinker able to analyze business processes, assess risks, identify control gaps and weaknesses. The technology is here, but politics may stand in the way. 349 followers 341 connections. Publish: 0 days ago. 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.

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