Compliance and Operational Risk Specialist

Bank of America

. Provide second line risk coverage of Consumer and Small Business Product Risk assessments .

Posted 11/2/2026full-timeUnited StatesMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Risk Management and Regulatory Compliance, with a strong focus on operational risk concepts and frameworks. Capable of developing independent risk management reporting and guiding businesses on regulatory requirements while ensuring effective control performance.

Highest-signal resume keywords

Risk ManagementRegulatory ComplianceOperational Risk ConceptsMonitoring, Surveillance, and TestingProject Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Risk AssessmentsControl PerformanceIssue ManagementProcess ManagementReportingRegulatory Inventory MaintenanceCompliance Risk IdentificationDocumentation DevelopmentCritical ThinkingBusiness Process Analysis

Soft Skills

Interpersonal SkillsTeam CollaborationAttention to DetailActive ListeningWritten Communications

Certifications & Qualifications

Bachelor's Degree

Industry Keywords

Consumer KnowledgeSmall Business Product RiskRegulatory RequirementsPolicies, Procedures, and Guidelines ManagementFast-Paced Environment

About the role

Key responsibilities & impact

Provide second line risk coverage of Consumer and Small Business Product Risk assessments
Provide independent oversight and effective challenge to the Front Line Unit, including review of the Single Process Inventory and alignment of risks, controls, and metrics
Oversee risk assessments, monitoring, testing, and issue validation
Ensure effective control performance and remediation
Guide the business on regulatory requirements
Assess risks, associated controls, and their effectiveness
Drive compliance with applicable laws, rules, and regulations and adherence to policies
Develop reporting and documentation
Support Compliance and Operational Risk teams with independent oversight of Front Line Unit or Control Function performance and related third-party/vendor relationships
Identify and escalate problems or issues and drive actions addressing root causes of compliance risk issues and operational risk losses
Develop independent risk management reporting for the area of coverage
Respond to regulatory inquiries and audits or examinations
Monitor the regulatory environment, identify applicable regulatory changes, and maintain a comprehensive regulatory inventory

Requirements

What you’ll need

3+ years experience in specific Consumer knowledge and/or Risk experience
Bachelors Degree
Strong grasp of operational risk concepts and frameworks
Strong interpersonal and team collaboration skills
Solid project management and organizational capabilities
Ability to manage multiple priorities in a fast-paced environment
Proven ability to work under pressure and meet tight deadlines
Self-starter with flexibility and strong drive
Monitoring, Surveillance, and Testing
Process Management
Regulatory Compliance
Reporting
Risk Management
Attention to Detail
Critical Thinking
Interpret Relevant Laws, Rules, and Regulations
Issue Management
Policies, Procedures, and Guidelines Management
Active Listening
Advisory
Business Process Analysis
Written Communications
Ability to work 1st shift in the United States of America
Availability for 40 hours per week

Benefits

Comp & perks

Affordable, competitive and flexible benefits
Support for physical, emotional, and financial wellness
Opportunities to learn, grow, and make an impact
In-office culture supporting collaboration, engagement, and career development