Compliance & Operational Risk Manager – Market Risk

Job Description:

Job Title:

Compliance & Operational Risk Manager – Market Risk Corporate

Title:

Up to Director

Location:

Dublin Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.

Role

Description:

This job is responsible for executing second line of defence compliance and operational risk oversight for CFO Capital activities in Bank of America’s EMEA entities, with a particular focus on market risk capital and associated regulations.  The role reviews and challenges these activities such as the calculation, governance, controls, data quality and regulatory reporting of market risk capital.

Key responsibilities include ensuring requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively “the Policies”), the Compliance and Operational Risk Management Program and Standard Operating Procedures are implemented and identifying, challenging, escalating, and mitigating risks in a timely manner.

A successful applicant should have strong technical understanding of EU prudential requirements (Capital Requirements Regulation/Directive, market risk capital calculations, FRTB requirements, etc.), and the end‑to‑end capital reporting and governance framework, combined with the ability to assess data quality, controls, and model risk. They should also bring well‑developed second‑line skills, including independent challenge, regulatory engagement, issue management, and the ability to translate complex valuation and regulatory concepts into clear risk assessments for senior management and supervisors.

Responsibilities:

Assesses risks and effectiveness of Front-Line Unit (FLU) processes and controls to ensure compliance with applicable laws, rules, and regulations, while responding to regulatory inquiries, other audits, and examinations

Engages in activities to provide independent compliance and operational risk oversight of CFO Capital activities in Bank of America’s EMEA entities in alignment with the Global Compliance
- Enterprise Policy, the Operational Risk Management
- Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management Program and Standard Operating Procedures. These activities include market risk capital…