Bank of America EAC Compliance Specialist - Global Information Security (GIS) in CHARLOTTE, North Carolina

EAC Compliance Specialist - Global Information Security (GIS)


Responsibilities include:

  • Will provide support Global Information Security (GIS) EAC, collaborating across GT&O and multiple EAC and FLU compliance teams to design monitoring programs & assessments to ensure controls are appropriately managed

  • Will provide GIS EAC group by engaging in research specific to law, rule, regulations, processes and controls inventories to ensure that tests are designed and executed appropriately

  • Will participant in the Issue Management process, through review and by facilitating dialogue between GIS EAC and issue owners (EAC and FLUs) on applicable Information Security issues

  • Responsible for knowledge of compliance related system and tools, to manage process mapping, regulatory inventory, third party oversight, monitoring and testing development and planning including global compliance initiatives upon request

  • Responsible for all engagement related to Enterprise Independent Testing, including monitoring of test execution, design, administration

Enterprise Role Description:

The Enterprise Area of Coverage Compliance Specialist , under supervision, as an individual contributor and member of an Enterprise Area of Coverage (“EAC”) Compliance team is responsible for providing enterprise wide oversight of specific laws, rules, regulations, and regulatory guidance, such as those related to SCRA (Service Members Civil Relief Act) and Registration and Licensing through the identification, escalation and timely mitigation of compliance risks in alignment with the Compliance Risk Management (“CRM”) Program and the Global Compliance Enterprise Policy (“GC Policy”).

The EAC Compliance Specialist is accountable for the requirements in the Global Compliance Policy, by assisting with any of the following activities:

  • Create and maintain a regulatory inventory.

  • Update relevant policies to ensure they reflect regulatory requirements for enterprise area of coverage.

  • Conduct compliance risk assessments.

  • Contribute to monitoring and testing coverage plans and related metrics.

  • Monitor and test the effectiveness of the front line unit and control function compliance risk controls for enterprise area of coverage.

  • Identify aggregate, report and escalate compliance risks, issues and control enhancements for enterprise area of coverage.

  • Assist in executing governance and management routines.

  • Identify compliance training needs and inspect Front Line Unit/Control Function (“FLU/CF”) and third party participation for enterprise area of coverage.

  • Assist with preparations for regulatory exams and audits for enterprise area of coverage.

  • Inspect that commitments made regarding actions in response to Matters Requiring Attention (“MRAs”) and other actions are completed for enterprise area of coverage.

  • Escalate regulatory relations concerns to EAC Compliance Manager or Executive.

The EAC Compliance Specialist reviews team deliverables to support consistent quality of activities, processes and outputs.


Required skills

Prior experience in either Compliance or Global Information Security (GIS)

Broad understanding of IT or Operations principles and controls

Self-motivated, operates with a sense of urgency and strong attention to detail

Strong analytical and data driven approach to problem solving

Advanced knowledge in the use of data analytic tools (MS Excel, Access, etc.)

Advanced analysis, problem solving, and business relationships skills

Experience in communicating effectively with partnersand comfortable influencing leadership

Minimum 5 years business and functional experience

Bachelors degree or equivalent

Desired skills

Experience as a business analyst focused on technology implementation and/or technology risk management

Ability to capture requirements and translate them into language specific to a technology or business audience

Experience executing QA and/or QC of technology systems and/or processes

Strong reporting skills inclusive of the creation of dashboards, issue analysis, and executive summaries

Knowledge of or certification in law, rule, regulation or area of coverage (i.e.: SCRA, Privacy); Association of Privacy Professional (IAPP) accredited certification programs for Privacy EAC

Job: KC-Compliance

Primary Location: US-NC-CHARLOTTE

Work Locations: NC1007 100 N TRYON ST Charlotte 28255

Organization: 7037-GLOBAL COMPLIANCE

Travel: No

Job Posting Date: Dec 7, 2016

Unposting Date: Jan 7, 2017

Full/Part-time: Fulltime

Hours Per Week: 40.00

Shift: 1st Shift

Req ID: 16058223