Vice President - Enterprise Volcker
Bank of America
Vice President - Enterprise Volcker
New York, New York
**Job Description:**
The successful candidate will be a member of the Enterprise Volcker Team within the front office COO organization. This group has responsibility to execute the Bank’s Volcker Program including leading strategic initiatives for the Program, ensuring effective adherence to applicable regulations and internal Policies, running governance routines, and quarterly Volcker Metrics submission.
The successful candidate’s primary responsibility will be to support the Volcker governance program, but will also be involved in other aspects of the group’s responsibilities including metrics, monitoring, technology and controls area and will be participating in other strategic initiatives and projects. In this capacity, the candidate will partner closely with representatives from all Global Markets product areas across Sales & Trading globally along with numerous support partners including Legal, Compliance, Audit, Technology, Finance, Market Risk andOperations.
**Key Responsibilities:**
+ Coordinate materials for the Volcker Committee and Volcker Control Forums across Global Markets and Capital Markets.
+ Responsible for maintaining the Volcker Committee and Control Forum Charters and membership, ensuring adherence to Management Committee Guidelines.
+ Maintain LOB Mission and Strategy Documents, Volcker Committee and Volcker Control Forum materials/approvals in accordance with the Volcker Rule and the Bank’s Record Retention Policy.
+ Support the Enterprise Volcker governance routines including the monthly sign-off process by Line of Business Head, Desk Head, Trade Control, Finance and Market Risk.
+ Support the production and validation of Volcker metrics reporting with compliance to the Volcker Rule and related internal governance/controls
+ Circulate metric alerts and track required commentary from Desk Heads.
+ Work on strategic initiatives and special projects related to data resolution, technology enhancements, reporting, and regulatory requests
**Competencies and Requirements:**
+ Bachelor's degree or equivalent work experience
+ Preferable experience with US regulations and/or Global Markets products via roles in the front office, operations, technology, compliance or finance
+ A global markets, finance, technology or market risk background
+ Excellent verbal and written and oral communication with poise to communicate with senior members of the Global Markets organization
+ Strategic thinker and execution minded with the ability manage deliverables independently and to handle pressure
+ Ability to help identify governance and control gaps, process inefficiencies and demonstrates a focused desire to understand requirements and drive/implement improvements
+ Ability to positively influence others, regardless of seniority, in order to achieve results
+ Able to adapt to changing business/regulatory environments
+ Excellent time management, organization skills andability to prioritize and manage competing priorities with excellent attention to detail
+ Must be able to work well in collaborative team environment, but also independently
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Pay Transparency details**
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
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. 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.
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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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