Responsibilities:

• Conduct real-time independent review and challenge of the firm's EPMD alert activity on a risk-based approach, to ensure the most technically complex alerts are subject to robust SME analysis.
• Provide compliance and operational risk oversight of EPMD regulatory changes, control enhancements, and remediation initiatives.
• Perform monitoring, targeted assessments, and other risk-based coverage activities to assess compliance with applicable laws, rules, and regulations and the effectiveness of associated controls.
• Support the development of second-line data testing to independently review the accuracy of EPMD disclosures.
• Support the development of EPMD training and perform periodic review of policies relating to EPMD.
• Review and challenge FLU processes, risks, controls, Single Process Inventory, and Risk and Control Self-Assessments relating to EPMD activities.
• Partner with regional and global stakeholders to promote effective implementation of regulatory requirements and consistent oversight practices.
• Support the development of less experienced team members through coaching, knowledge sharing, and day-to-day guidance on EPMD-related regulatory and risk matters.

Required Skills:

The successful applicant should have strong compliance, operational risk, or regulatory reporting experience and a proven ability to influence stakeholders, provide credible challenges, and drive positive risk outcomes. The individual should be capable of applying risk-based oversight in a technically complex and evolving regulatory environment.

• Interpret Laws, Rules, and Regulations – Ability to analyse regulatory requirements and apply them to complex business scenarios.
• Stakeholder Management & Influence – Proven ability to provide credible challenge and influence senior stakeholders across Front Line Unit and independent risk management functions.
• Critical Thinking & Decision Making – Strong analytical and problem-solving skills, intellectual curiosity, and sound judgement when assessing complex risk and regulatory matters.
• Attention to Detail – Ability to identify regulatory nuances, assess complex fact patterns, and ensure consistent application of requirements across products and business activities.
• Coaching & Mentoring – Ability to mentor and develop less experienced team members through technical guidance, knowledge sharing, and day-to-day support.
• Written and Verbal Communication – Ability to communicate complex topics clearly and concisely to senior management, governance forums, and regulators.

Experience/Qualifications:

• Several years’ experience in financial services
• Bachelor's Degree or equivalent
• Compliance and/or Operational Risk experience
• Knowledge of EPMD-related requirements (e.g. share ownership disclosures, position monitoring) or other regulatory reporting regimes
• Global Markets experience preferred

Skills that will help:

• Global Risk Management experience

Benefits of working at Bank of America (UK):

At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
• Competitive pension plan, life assurance, and group income protection cover if you become unable to work because of a disability or health reasons.
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave, and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a well-being account, travel insurance, critical illness, cycle to work, etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations, and resources relating to men’s health, women’s health, fertility, menopause, and pregnancy & parenthood.
• Access to a range of gyms, exercise classes, and wellbeing Apps through Wellhub, including Headspace and Calm
• Opportunity to give back to your community, develop new skills, and work with new groups of people by volunteering in your local area.

Bank of America:

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 mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants, or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.