$169,000 - $298,700 40. The average salary for a Managing Director is $161,740 per year in United States, which is 62% lower than the average Bank of America salary of $429,287 per year for this job. **Job Description:** Descriptions: David Tyrie leads the transformation, integration and management of Bank of America's data and digital platforms, charged with providing each . Bank of America Corp. named 279 managing directors across the company, and the roster reflects a push for more diversity at the bank, according to a person familiar with the matter.. Today's top 58 Bank Of America Managing Director jobs in United States. Check out the latest Managing Director Jobs or see Managing Director Salaries at other companies. Head of EMEA Equity Capital Markets at Bank of America London, England, United Kingdom. New York City pay and benefits information Able to apply company goals to the organization and business processes managed H3 Equal Housing Lender. + Maintain LOB Mission and Strategy Documents, Volcker Committee and Volcker Control Forum materials/approvals in accordance with the Volcker Rule and the Bank's Record Retention Policy. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Average salary for KazInvestBank Managing Director in Almaty: KZT 1,500,000. **Hours Per Week:** The C&OR Executive provides leadership direction and attracts, assesses, develops, motivates and retains a successful team. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. Executes and/or provides oversight of governance and management routines. 1st shift (United States of America) Reviews and responds to regulatory inquiries. Managing Director Job in Charlotte, NC. **Weekly Schedule:** Owns and updates the relevant C&OR Policies, working with the relevant stakeholders to update regularly. Legacy titles that weren't consolidated. Based on 1 salaries posted anonymously by KazInvestBank Managing Director employees in Almaty. The Compliance and Operational Risk (C&OR) Executive is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/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 ("CORM") Program and Standard Operating Procedures (SOPs). These ads are based on your specific account relationships with us. + Strategic thinker able to analyze business processes, assess risks, identify control gaps and weaknesses. Hours Per Week: This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls. The C&OR Executive demonstrates business acumen and remains current regarding industry and regulatory trends, benchmarks and best practices in compliance and operational risk management for his/her area of responsibility. This role is eligible to participate in the annual discretionary plan. Reveal email . Dan Letendre is responsible for managing the bank's lending and investing activities with Community Development Financial Institutions (CDFIs). Conducts targeted and risk assessments of the FLUs, incorporating review of loss events to assess control effectiveness. Provides guidance to the FLU on regulatory requirements. Effective at communicating with senior leaders across the company To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. + Ability to manage multiple priorities and deliverables. Ensures that regulatory requirements and operational risks are appropriately addressed in C&OR-owned policies and standards and/or FLU/CF-owned polices, standards and procedures, inclusive of conduct risk as applicable H3 The C&OR Executive exercises judgment, influences and constructively challenges the FLU and CF leaders, provides timely advice regarding regulatory requirements and expectations, and evaluates the implementation of controls to effectively mitigate compliance and operational risk. Band: H3 The economy and markets are "under surveillance". Full time Able to make critical decisions based on comprehensive considerations and impact Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. . Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. 40 Manager: Managing Director, Chief FICC Technical Strategist. Total Compensation. 1st shift (United States of America) The candidate will join GM Business Controls Central Programs Group (Program Operational Support), supporting multiple aspects of Business Controls infrastructure. About Corporate governance and company secretarial support for Bank of America Europe DAC. Managing director is the highest rank at the company. + Willingness to take a stand when required. Bank of America today announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders. The C&OR Executive exercises judgment, influences and constructively challenges the FLU and CF leaders, provides timely advice regarding regulatory requirements and expectations, and evaluates the implementation of controls to effectively mitigate compliance and operational risk. The firm promoted 86 people in global markets, research, and the COO office, up from last year. **Shift:** + Ability to build partnerships and effectively work across the Enterprise to complete responsibilities. $1.5 Billion Powerball Is Fun. The technology is here, but politics may stand in the way. This role is currently benefits eligible . Desired Skills: The C&OR Executive also advises business leaders in preparation for FLU/CF regulatoryexams/audits/inquiries,participates in FLU/CF regulatory meetings, and oversees preparation of materials for C&OR regulatoryexams/audits/inquiries. 1st shift (United States of America) **Shift:** * Must be able to work well in collaborative team environment, but also independently Hong Kongs Cultural Icons Vanish as Covid Hastens Gentrification, NYC Buildings Commissioner Resigns While UnderGambling Investigation, This Week in Crypto: Elon Musk, Dogecoin,Zimbabwe, Crypto Cowboys Testthe Lonestar States Gridas Mining Woes Persist. This team leads all aspects of the bank's established program for compliance with the Volcker Rule. You can click the Return to Bank of America button now to return to the previous page or you can use the Back button on your browser after you leave. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. London, United Kingdom Head of EMEA ECM . * Excellent verbal and written communication skills with ability to simplify complex information into messages targeted to various levels of leadership as well accurately interpret communications from BCOs/Supervisors/GCOR/Audit/etc To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . * Excellent Excel, PowerPoint, Project and Program management skills Author: www.linkedin.com. New Bank Of America Managing Director jobs added daily. Escalates compliance and operational risks and issues to appropriate governance routines, management/board level committees Lowest rating: 2. Manager: As a member of an FLU or CF C&OR team, the C&OR Executive is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) . Required Skills: I had been working on a large n-tier Client / Server project i.e. 40 Seeking experienced attorney for Bank of America's residential mortgage business serving the Global Wealth & Investment Management division, which is comprised of the Bank of America Private Bank and Merrill Lynch Wealth Management businesses. The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. Bank of America. Requirements: list is available use arrows keys to navigate. Join to connect Bank of America . The C&OR Executive oversees proactive engagement with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. Referral Bonus: Ensures appropriate review and challenge of the FLU/CF process, risk, and control (PRC) inventory and Risk & Control Self-Assessments (RCSA) The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. CEO Pay Ratio. Skilled in developing and leading implementation of broad functional or cross-functional objectives and strategies for groups managed Compliance, Technology, Operations, Human Resources, etc.) Ronald McKaig is based out of Spring, Texas, United States and works at Bank Of America as Managing Director. + Experience working with laws, rules and/or regulatory requirements, particularly within the banking space Oct 2017 - Aug 201811 months. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. * Supporting multiple Business Controls related projects and processes simultaneously including electronic communications surveillance models Requirements: ability to identify anomalies within large sets of data and track multiple action items in detail) 40 Join to connect Bank of America. Managing Director Job in Dallas, TX. Identifies, aggregates, reports, and escalates compliance and operational risks, issues and control enhancements. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. The C&OR Executive also advises business leaders in preparation for FLU/CF regulatory exams/audits/inquiries, participates in FLU/CF regulatory meetings, and oversees preparation of materials for C&OR regulatory exams/audits/inquiries. To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . Referral Bonus: 0 The role ensures consistent quality of activities, processes and outputs by establishing effective review of practices across the team. See if they're hiring! Degree Required: Bachelor's Degree; May require regulatoryexamination/registrationor certification depending on jurisdiction and role **Discretionary incentive eligible** 40 40 + Strategic thinker able to analyze business processes, assess risks, identify control gaps and weaknesses. Can You Make a Music Scene Near the Arctic Circle? Suggestion To view the "EEO is the Law" Supplement, CLICK HERE. * Must be able to work with technical teams and translate technical concepts to business audiences In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Required Skills: Talent Acquisition Contact: Learn more about this role Oversees Scenario Analysis activities for assigned coverage areas, including appropriate challenge and approvals Help make it more accurate by adding yours. As a member of an FLU or CF C&OR team, the C&OR Executive is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. Contact details. Managing Director (Former Employee) - Chicago, IL - November 8, 2017. * Must be able to work with technical teams and translate technical concepts to business audiences The estimated total pay for a Managing Director at Bank of America is $429,287 per year. Executive. * Takes initiative and demonstrates focused desire to drive improvements versus relying on "status quo" Bank of America, N.A. The C&OR Executive role remains current on local country laws, rules and regulations relevant to FLU or CF. Candidate must be able to thrive in a fast-paced and high-pressure environment with primary responsibilities for: Bloomberg Surveillance, covering the latest news in finance, economics and investments. NOW WATCH: What happens when you sleep in your contacts, Visit Business Insider's homepage for more stories. ability to identify anomalies within large sets of data and track multiple action items in detail) Aug 6, 2020 2 1. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. + 10+ years of experience in Compliance, Risk Management, Audit, Legal, a business control function, or a Global Wealth and Investment Management Front Line Unit * Experience with electronic communications surveillance and monitoring is preferred To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) . Associates at Morgan Stanley topped the tables with a total reward of 136,000, shortly followed by those at Goldman Sachs on 131,000 and those at Bank of America on 125,000. Bank of America on Thursday announced internally its sales and trading managing director promotions. * Excellent Excel, PowerPoint skills * Serve as a central point of contact, along with Program Manager, for Business Controls Officers on specific "Risk and Control Programs" $41,470. * Developing, producing, and distributing senior management reporting related to the program 0 World's Best Bank for Payments and Treasury. Stay up to date with what you want to know. #1. . 10d ago. - Deep Understanding of Information Security and regulator interactions September 26, 2021 Location. Employed at Deloitte for nearly 40 years in various leadership roles, including Partner and Regional Managing Partner, responsible for audit and consulting services for a number of Fortune 500 and large private companies; Please try our homepage, or visit: We strive to provide you with information about products and services you might find interesting and useful. Oversees changes in regulations for applicable area(s) of coverage, including advising business leaders on those changes, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed; maintains a comprehensive regulatory inventory - Deep Understanding of Information Security and regulator interactions **Referral Bonus Amount:** Answer: Pull the company returns to your Equivalent of Companies House, and it should show the names of the Directors and their salaries, including highest paid (usually MD) . * Possesses deep knowledge of Bank of America risk framework, processes, tools and routines in order to align work to organizational risk appetite and ensure adherence to relevant information security and technology controls. The firm promoted 86 people in global markets, research, and the COO office, up from last year. Following an extensive review by the MD Promotion Committees and the Global Banking & Markets leadership team, below are the new Global Markets, Research, and COO Managing Directors," an internal memo announcing the promotions read in part. The page you are looking for cannot be found. Online Privacy FAQs **Shift:** * Supporting and serving as central point of contact for Business Controls Officers for various processes Minimum Years Business & Functional Experience: 10 Years Full time * Must be detail oriented (e.g. The C&OR Executive contributes to the requirements in the GCOR Policy aligned to compliance and operational risk officers, including but not limited to the following activities related to the Equities business: Listen to The Refresh, Insider's real-time news show. The C&OR Executive also advises business leaders in preparation for FLU/CF regulatoryexams/audits/inquiries,participates in FLU/CF regulatory meetings, and oversees preparation of materials for C&OR regulatoryexams/audits/inquiries. Monitors and tests the effectiveness of FLU compliance and operational risk controls. Member FDIC. * Expert in data analytics, manipulation, aggregation, integration, and reporting Identifies, aggregates, reports, and escalates compliance and operational risks, issues and control enhancements. Manages People: No + Ability to work collaboratively as part of a team, and also lead independently when required Ensures that regulatory requirements and operational risks are appropriately addressed in C&OR-owned policies and standards and/or FLU/CF-owned polices, standards and procedures, inclusive of conduct risk as applicable Its Also a Policy Failure. To view Bank of America's Drug-free workplace and alcohol policy, CLICK HERE . The GFC Executive I also oversees the filing of all . **Referral Bonus Amount:** **Shift:** Lets Look at the Data, US Housing Hit by Spiraling Mortgage Rates as Inflation Persists, El Salvadors $300 Million Bitcoin Revolution Is Failing Miserably, US and China Go From Growing the Pie to Fighting Over Slices, Lesotho Names First Female Central Bank Head as Finance Minister, NYC Employers Solution to Pay Transparency: $100,000 Salary Ranges, The Worlds Fantasy Destination Has an Answer toClimate Oblivion, Anti-ESG Republican Rhetoric Threatens Fund Flows as Midterms Loom. For its 2021 fiscal year, BANK OF AMERICA CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Travel: Yes, 5% of the time and our Oversees independent risk management reporting for area(s) of coverage to C&OR Senior Leaders and FLU/CF Senior Leaders via established governance and management routines Able to influence peers, colleagues and managers across organizational lines to take action on complex, sensitive topics with companywide impact Compliance, Technology, Operations, Human Resources, etc.) In doing so, the C&OR Executive oversees proactive engagement with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. The Compliance and Operational Risk (C&OR) Cybersecurity Regulatory Oversight Executive is responsible for execution of the Compliance and Operational Risk Management ("CORM") Program by engaging with business leaders to understand strategy and direction and independently advising those leaders on how to deliver that strategy while effectively managing compliance and operational risk. of the U.S. Fortune 1,000; and 74% of the Global Fortune 500 served by Global Banking businesses. Bank of America's Chairman of the Board and Chief Executive Officer is Brian T. Moynihan. The C&OR Executive will be responsible for providing oversight of the Wealth Management Banking business and its processes. Able to influence peers, colleagues and managers across organizational lines to take action on complex, sensitive topics with companywide impact Proactively engages other C&OR officers, Enterprise Areas of Coverage (EAC) roles, and horizontal function roles to provide comprehensive oversight of FLU activities. * Must be able to deliver accurate results with limited direction and supervision This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls. Band: H3 Provides independent review and challenge of the FLU's Risk & Control Self-Assessment (RCSA). Bank of America announced its new crop of managing directors Thursday, promoting 86 people across its sales and trading, research, and operations groups a 16% uptick from last year's tally. CEO Name. **Hours Per Week:** **Job Description:** The role ensures consistent quality of activities, processes and outputs by establishing effective review of practices across the team. Skilled in developing and leading implementation of broad functional or cross-functional objectives and strategies for groups managed Are Republicans Right About Americas Crime Wave? 5-10 Years Experience in Information Security to secure data, analyze current processes/procedures, identify potential improvements, develop strategies to implement change, and oversee/manage implementation annualized salary, offers to be determined based on experience, education and skill set. Bank of America offers great learning opportunities and challenging jobs. 44K. 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