• Job Description

  Req#: 24038107

  Job Description:

  At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

  One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

  Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

  Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

  Job Description:
  This job is responsible for driving and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include providing analytical and administrative support for LOB or ECF specific processes and tools to drive adherence to enterprise-wide standards. Job expectations include monitoring and testing controls and implementing quality assurance and quality control processes within the LOB or ECF by evaluating data to help identify, track, and report issues and control improvements for remediation.

  Responsibilities include but not limited to:

  • Acts as liaison between Risk and Business Control and GTMO FLUs ensuring adherence to all SPI Program requirements.
  • Performs ongoing assessment of risks, controls, and metric quality.
  • Provides analytical support in executing internal control discipline and operational excellence within a line of business/front line unit (LOB/FLU).
  • Conducts periodic evaluations of process and control effectiveness rating.
  • Performs data driven risk identification and analysis, escalates gaps and provides recommendations for remediation.
  • Leads, coordinates, and responds to all GCOR SPI Challenges working in partnership with the GTMO FLUs.
  • Monitors and executes SPI inventory/Process Owner Portal (POP) change requests and validates outcomes; includes POP data entry.
  • Partners and leads discussions with Business Partners, GCOR, and other SPI content owners to validate inventory accuracy.
  • Acts as the champion for key Risk and process management initiatives and ongoing process improvements related to SPI governance.
  • Contributes to the GTMO Quarterly Risk ID and annual Risk and Control Self-Assessment (RCSA)
  • Communicates risk positions crisply and candidly with leaders across the organization and with internal business partners.
  • Conducts assessments of bank policy and standard updates aligned to Process Management, Metric and Testing Policy to understand business impacts, Risk and Business Control deliverables and collaborates with key partners to ensure compliance.
  • Develops and maintains effective partnerships across Risk and Business Controls and with business, compliance, and risk teammates.
  • Demonstrate the ability to review and assess change being introduced across the Organization and Business processes to identify the need for risk and control.
  • Role supports Global teams and may require schedule flexibility to execute and complete deliverables with teammates and partners across our global regions.
  • Position has responsibility for leading and/or supporting the risk framework in alignment to the Enterprise Process Management Policy and Procedure.

  Required Skills & Abilities:

  • Experience in Risk and Business Control, cross functional operations, risk management, audit and/or compliance.
  • Strong understanding of risk management principles and practices
  • Knowledge of Global Treasury and Merchant products, processes, and systems
  • Experience with bank policies and standards
  • Excellent communication skills with the ability to build strong relationships and collaborate with various stakeholders.
  • Detail-oriented and highly organized, capable of managing multiple tasks simultaneously.
  • Strong analytical and problem-solving skills to identify trends and potential risks.
  • Ability to work independently and take initiative while also being a team player.
  • Proficient in using relevant software applications and tools.
  • Strong proficiency with SharePoint and Microsoft Office, particularly Excel
  • Commitment to challenging the status quo and promoting positive change.

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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