Compliance and Operational Risk Analyst

**Job Title: Country Compliance and Operational Risk Analyst**

**Corporate Title: Officer**

**Location: Paris**

**Role Description:
The Compliance and Operational Risk (C&OR) Analyst assists the C&OR teams, under close supervision, in activities that provide independent compliance and operational risk oversight of a Front Line Unit or Control Function (“FLU/CF”) in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively “the Policies”) and the Compliance and Operational Risk Management (“CORM”) Program and Standard Operating Procedures (SOPs).

The C&OR Analyst assists in engaging other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The C&OR Analyst assists in preparing materials for C&OR regulatory exams/audits/inquiries.

The C&OR Analyst is accountable for assisting the C&OR team in the proactive identification, management and escalation of compliance and operational risks through assisting in the execution of some or all of the following activities:

- Assists in the development of independent risk management reporting for respective area(s) of coverage as input into governance and management routines
- Contributes to the oversight of FLU/CF training which may include tracking and communication of completion rates
- Assists with the development and maintenance of C&OR-owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
- Supports the maintenance of a comprehensive regulatory inventory and supports the regulatory change management process
- Contributes to the identification, aggregation, reporting and performing thematic analysis on FLU/CF-owned issues and control enhancements
- Assists in remediating C&OR “owned” issues and control enhancements
- Supports execution of independent risk monitoring, testing, and risk assessments
- Assist with the reviews and challenge of the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessments (RCSA)
- Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls
- Assists with the development of risk metrics, monitors related performance and breach remediation

**Key responsibilities**

Assist with streamlining current processes and expanding upon individual framework elements such as monitoring, testing, targeted assessments, regulatory change and reporting, especially in the expanding Capital Markets arena for BofASE.

Strong proficiency in Microsoft Excel in order to manage large data sets including the use of pivot tables, filters and macros;

Programming and data management skills in order to:

- Carry out detailed analysis of data transmission reports and ad-hoc data projects;
- Analyze raw data sets, drawing conclusions & developing

**Bank of America**:
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

**Job Band**:
H6

**Shift**:
**Hours Per Week**:
35

**Weekly Schedule**:
**Referral Bonus Amount**:
0