Merrill Lynch Careers – Operational Risk Manager

Website Bank of America

Job Description:

The Enterprise Area of Coverage (“EAC”) Compliance and Operational Risk Manager for Data Privacy is a subject matter expert responsible for contributing to the independent compliance and operational risk oversight of Front Line Unit (“FLU”) and Control Function (“CF”) performance and any related third party/vendor relationships by engaging with the risk officer teams for the FLUs/CFs to independently advise those leaders on effectively managing compliance and operational risk in the area of coverage for the EMEA region. This role is responsible for providing EMEA wide oversight of adherence to the Privacy and Cross Border Data Movement Enterprise Policy and specific privacy and cross border data movement related laws, rules, regulations, and regulatory guidance, such as the EU General Data protection Regulation through the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management Program and the Global Compliance Enterprise Policy (“GC Policy”).

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Job Responsibilities:

  • Working closely with cross-functional teams in legal/risk/compliance to advise the business on data privacy and cross border data movement activities within the EMEA regional primarily; may have global data privacy responsibilities as well
  • Overseeing the global privacy compliance program in EMEA including but not limited to identifying and remediating issues, development of monitoring and testing activities, implementation of regulatory changes
  • Overseeing key regulatory activities impacting EMEA including General Data Protection Regulation (GDPR) and Safe Harbor/Privacy Shield requirements
  • Collaborating with Enterprise Privacy and regional leadership to provide strategic guidance on emerging privacy trends and requirements

Job Requirements:

  • Ability to build relationships internally and externally
  • Ability to think strategically
  • Excellent written and oral communication skills
  • A Self-motivated, hands-on, driven individual

Job Details:

Company: Bank of America

Vacancy Type:  Full Time

Job Location: Birmingham, England, UK

Application Deadline: N/A

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