21 days old

Compliance Manager - Wealth Management

Charlotte, NC 28230
**Job Description:**

**Specific Job Description**

Manages the critical components of the compliance program supporting MLWM, including test development and maintenance, completion of monitoring activities, policy ownership and law and regulation impact assessments. Provides independent point of view on risk assessments and line of business initiatives Presents at Field and Supervisory Training programs; responsible for drafting and distributing regular updates to the field (attending and presenting in national calls, collecting information and drafting quarterly bulletins) Manages monthly pipeline review of regulatory changes for MLWM business, completing impact questionnaires and following up with Divisional Compliance Advisors to add coverage elements where necessary (i.e. tests, monitoring activities) Conducts Vendor Management Review ongoing scorecard review; periodic review/approval of vendor renewals or addition of new vendors to the platform Manages policy refresh or creates new policies as needed Critical participant in strategic initiatives to ensure program elements cover new or enhanced business activities; examples of such initiatives would be business changes related to low-priced securities and social media expansion

**Required Skills**

+ Bachelors degree

+ 7+ years of experience in Wealth Management Industry

+ Basic Microsoft skills (Word, Excel, etc.)

+ Very strong business writing and verbal communication skills

+ Strong presentation skills

+ Executive presence must be able to interact with all levels of leadership

+ Strong organizational skills including the ability to manage multiple responsibilities, prioritize, and delegate tasks

+ Proactively builds trusted relationships with key partners/clients

+ Exercises good judgment and experience to make timely and effective decisions

**Preferred Skills**

+ Series 7

+ Knowledge of broker-dealer laws and regulations

**General Job Description**

The Compliance Manager is responsible for engaging in activities to contribute to the independent compliance oversight of Front Line Unit (FLU) and Control Function (CF) performance and any related third party/vendor relationships in alignment with the Compliance Risk Management (CRM) Program and the Global Compliance Enterprise Policy (GC Policy). As a member of a FLU or CF compliance officer team, the Compliance Manager demonstrates and applies business acumen to promote a culture of compliance and the identification, escalation and timely mitigation of compliance risks. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CRM Program objectives, balancing business strategy with appropriate controls. The Compliance Manager reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a small team, or may act as an individual contributor. This role may have Money Laundering Reporting Officer responsibilities.

**Posting Date** : 07/26/2018

**Location** :




- United States

**Travel** : Yes, 5% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

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**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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Compliance Manager - Wealth Management

Bank of America
Charlotte, NC 28230

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