Date Posted:
November 11, 2026
Position Title:
Compliance & Operational Risk Manager – Global Markets
Office/Company:
Bank of America
Party:
N/A
Office Code:
Job Number:
HC-13930
Reports To:
Location:
New York, NY
Contact:
Salary:
Primary Role
Secondary Role:
Job Type:
Full Time
Description:
Compliance & Operational Risk Manager – Global Markets At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths – whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This job is responsible for executing second line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties. 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.
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 FLU or Control Function (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 Program and Standard Operating Procedures
• Identifies and escalates problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses
• Manages inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities
• Assists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routines
• Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks
• Reviews and challenges FLU/CF process, risk, Single Process Inventory, and FLU/CF Risk and Control Self-Assessment related to themes or trends, while monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage
• Provide real-time support to the Global Credit Front-Line Unit (“FLU”) with regards to the rules of the relevant products, markets and venues, and other relevant laws, rules and regulations, including internal policies, as applicable to the Global Markets Business.
• Develop an effective working relationship with Front Line Unit personnel and other internal departments, such as Legal, Operations, Financial Crimes Compliance, and
• Regulatory Reporting.
• Assist with responding to and coordinating regulatory inquiries.
Qualifications:
• Minimum of seven years of relevant experience
• May require regulatory examination/registration or certification, depending on jurisdiction and role
• Strong knowledge of fixed income markets, including swaps/derivatives products and services
• Excellent inter-personal and communication skills, including strong verbal and written communications, and be a strong and confident presenter
• High attention to detail, diligence and conscientiousness
• Ability to work in a dynamic and fast-paced trading floor environment
• Desired Qualifications:
• Bachelor’s Degree in a related field
• Experience in financial services and/or a similarly regulated sector
• Strong experience in dealing with regulator and exchange inquiries and exams
• Strong understanding of market misconduct laws, rules and regulations, as well as applicable surveillance controls
• Strong understanding of SEC, FINRA and CFTC rules and regulations
Instructions:
Full time
JR-26023056
Travel: Yes, 5% of the time
Age requirement: Must at least be 18 years of age.
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