Bank of America Investment Supervision Manager II in Chicago, Illinois
In coordination with Investment Supervision Executive:
Guides all oversight activities within the division; leads and supervises Market BSMs and MIEs in the adherence to and practical application of policy across all compliance mandates.
Oversees the remediation of complex / high risk issues and provides subject matter expertise and consultation to division and market leaders on critical investment risk matters; acts as Point Person / Coordinator for all escalation processes.
Executes on all inspection routines established to ensure fiduciary standards and U.S. Trust policies are applied consistently across portfolios, with a significant focus on random sample testing of BAU risk management processes including Reg 9, Asset Allocation Monitoring, Investment Policy Statements, Daily Monitoring of Security Exceptions.
Proactively “self-identifies” areas of risk to the business; leads all field actions related to the remediation of both self-identified and compliance identified audit issues.
Develops and implements training or other solutions to address knowledge gaps in the field and to create a strong risk management culture.
Communicates clearly and concisely, both verbally and in writing.
Collaborates effectively with peers and partners.
Drives results and routines and holds others accountable.
Strong time management, organizational skills, attention to detail and ability to prioritize.
Possesses strong analytical skills and leverages to inform sound judgment and business decisions.
Strong influencing and relationship management skills.
Demonstrates strong leadership skills in order to build credibility across client teams.
10+ Years Experience in Financial Services with knowledge of investment management products and fiduciary platform, especially as relates to HNW clients, preferably in a compliance or oversight related function.
Strong understanding of the regulatory environment, with robust knowledge of UST/fiduciary client and risk oversight functions, especially in regard to investment processes / regulatory requirements.
Knowledge of intermediate trust and trust administration concepts.
Experience in random sample testing / surveillance preferred.
Ability to keep current on economy, markets, platform and especially, policies.
Bachelor’s Degree Required
Posting Date : 07/23/2018
Los Angeles, CA, CENTURY CITY MAIN OFFICE, 2049 Century Park E,
Chicago, IL, 135 S LA SALLE ST (IL4135),
New York, NY, 114 W 47TH ST (NY8114),
- United States
Travel : Yes, 10% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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