• Job Description

  Req#: 23016573

  Job Description:

  Job Description :

  Provide analytical support in executing internal control discipline and operational excellence within a Line of Business (LOB)/Enterprise Control Function (ECF). Gather and organize data in order to monitor and test the effectiveness of key controls and status of mitigation and action plans. Acts as an ambassador of the risk culture. The Senior Business Control Specialist will be involved in driving execution of Bank wide Initiatives, Laws, Rules, Regulations, Policies and Standards, Models & Spreadsheets, and Process governance routines across Global Treasury and Merchant Operations. Incumbents typically have over 5+ years of risk management and/or LOB/ECF experience.

  Responsibilities :

  •Assess management and process controls for effectiveness at ensuring compliance with policies, procedures, laws, rules and regulations
  •Conduct assessments of laws, rules, regulations and policy updates to understand business impacts, and collaborate with key partners to ensure compliance
  •Manage governance routines for Models & Critical Use Spreadsheets
  •Assist the LOB/FLU with identification of risk gaps and improvements in controls; assist in remediation of gaps and implementation of improvements identified
  •Develop and maintain effective partnerships with business, compliance and risk teammates

  •Review Operational events in lieu of the ILD standard and Incident Management Policy

  Conduct monthly theme analysis and ensure all monthly submissions are finalized.

  •Develop and maintain process disruption communications and oversee business continuity.

  •Conduct risk reviews and governance oversight for any non-standard process. Collect quarterly attestations for NSP continuance.

  Required Skills :

  2+ years’ experience in cross functional operations, including Change, Process design or Project/Program Management
  Global Treasury and Merchant Operations related function(s)
  Ability to work in a very detailed and efficient manner
  Ability to manage concurrent activities
  Strong problem-solving and organization skills
  Excellent written and verbal communication skills. Must be able to present to a wide audience including Senior Leadership
  Ability to maintain objectivity in balancing Bank risk with client needs and satisfaction
  Strong proficiency with SharePoint and Microsoft Office, particularly Excel

  Knowledge of Global Treasury and Merchant products, processes, and systems
  Experience with Laws, Rules, Regulations, Policies, and Standards
  Six Sigma certification a plus
  Familiarity with ORCIT, eDIM, eIMS and Enterprise Process Control Framework
  Audit, Risk, or Compliance background

  Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions

  Excels in working among diverse viewpoints to determine the best path forward

  Experience in connecting with a diverse set of clients to understand future business needs

  Commitment to challenging the status quo and promoting positive change

  Participate in and drive collaborative efforts to advance tools, technology and ways of working to better serve an evolving client base

  Believes in value of diversity so we can reflect, connect and meet the divers needs of our clients and employees around the world

  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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