Bank of America Third Party Risk Management Analyst in Chicago, Illinois

Job Description:

Are you passionate about working with the best information security team in the world? Bank of America is hiring top talent to join our team.

The Third Party Information Security (TPIS) function within Global Information Security is responsible for oversight of third party security programs, including assessing third party security programs and maximizing protections for all aspects of security for the third party landscape.

Roles and Responsibilities

•Partners with key stakeholders in the business to identify, assess, aggregate and document risks and controls, including risks associated with new or modified services, regulations and third party operations using advanced knowledge.

•Presents findings to various levels of leadership.

•Communicates results of risk assessments to governance committees, business process owners and various levels of leadership.

•Influence new risk policies, practices, appetites and solutions to ensure holistic understanding and management of risks according to industry best practice.

•Enhances and contributes to strategies, tools, and methodologies to measure, monitor, and report risks.

•Applies advanced knowledge to utilize or produce analytical material for discussions with cross functional teams to understand business objectives and influence solution strategies.

•Serves as a key contributor in cross-functional teams to identify, assess, aggregate and mitigate current and emerging risk events.

•Effectively contributes to projects that impact the organization.

•Serves as a key contributor on projects that may impact the enterprise or a core operating area.

Minimum Requirements

•Bachelor's degree in Risk Management, Business, Finance, or a related field required or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.

•3 or more years risk management experience or 6 years operations experience in a relevant functional area to include banking, insurance, financial services, audit, project management, public accounting or other related operational area

•Successful completion of a job-related assessment may be required


•Comprehensive knowledge of third party risk management processes and methodologies

•Knowledge of and experience in designing and operating governance, frameworks and processes to comply with vendor management / third party risk management related regulatory requirements, guidance and oversight (OCC 2013-29, Fed SR 13-19 or other relevant third party risk management / vendor management regulation applicable to the financial services industry)

•3 years experience in third party risk management, assurance and / or oversight or relevant supplier or third party audit or compliance experience

•Experience using third party risk management /Governance, Risk and Compliance (GRC) systems

•Excellent oral and written communication skills; experience performing both detailed and executive-level documentation

•Advanced knowledge of Microsoft Office tools; specifically, Excel, PowerPoint and SharePoint

Posting Date : 01/04/2019

Location :

Chicago, IL, 135 S LA SALLE ST (IL4135),

  • 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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