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Bank of America Dubai Jobs Careers 2022 – Country Compliance and Operational Risk Manager Job Vacancy in Dubai, UAE. Your job search for latest vacancies in Bank of America Dubai ends here!. Se Group Dubai UAE. Get Employment News Alert for Upcoming Jobs in Dubai. We are a trusted Search Private, Semi Govt, and Government Jobs in UAE. Find here New careers vacancy in Bank of America site for careers in Bank of America Dubai!!
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Bank of America Dubai Jobs 2022 – Country Compliance and Operational Risk Manager Jobs Vacancy in Dubai, UAE
Employment News for current Jobs Vacancies in Bank of America Dubai – Bank of America Dubai has released a new job notification 2022-2023 on their official website for Country Compliance and Operational Risk Manager job post. The eligible and Interested Candidates who meet the required educational qualifications as well as work experience needs may apply online to Bank of America Dubai employment notification. The work location for Country Compliance and Operational Risk Manager Vacancy would be Dubai and an average Salary will be AED 19335.00 Per Month.
Fact: The average salary for a Country Compliance and Operational Risk Manager in Dubai, UAE is AED 19335.00 Per Month
Please go through the below mentioned job description for this vacancy in Bank of America Dubai for Country Compliance and Operational Risk Manager Position. Find out brief details, such as Job ID, Work Location/Address, Educational qualifications required, min/max age limit, Monthly/annual Salary and perks and employment benefits offered by Bank of America Dubai. Check out all the details here before applying online to this latest recruitment by Bank of America Dubai for freshers and experienced candidates from across the United Arab Emirates.
Bank of America Dubai Jobs HighlightHiring Organization Name :- Bank of America Dubai Job Position Name :- Country Compliance and Operational Risk Manager Job Type :- Full Time Jobs in Dubai Salary :- AED 19,335.00 Per Month |
Bank of America Dubai: Job Description
Job Tittle: Country Compliance and Operational Risk Manager
Full Job Description :-
Activities this role performs include, but are not limited to:
- Assists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routines
- Assists with the oversight of FLU/CF training which may include content development and/or tracking and communication of completion rates
- Assists with the development and maintenance of C&OR-owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
- Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements
- Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements
- Assists in remediating C&OR “owned” issues and control enhancements
- Contributes to or leads development of risk coverage plans, executes and / or oversees execution of monitoring, testing and risk assessments, communicates results
- Reviews and challenges the regional contributions to Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
- Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls
- Supports Scenario Analysis activities for coverage areas and challenges as appropriate
- Assists with the development of risk metrics, monitors related performance and breach remediation
This role may have Money Laundering Reporting Officer responsibilities.
Key skills:
The C&OR Manager contributes to the requirements of the CORM Program requirements including, but not limited to the following activities:
- Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines
- Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content
- Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
- Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory
- Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements
- Ensures C&OR “owned” issues and control enhancements are identified and addressed appropriately and timely
- Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results
- Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
- Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate
- Participates in Scenario Analysis activities for coverage areas and challenges as appropriate
- Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation
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