Risk Framework Business Control Manager

3 weeks ago

Pennington, United States Bank of America Full time
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:

The Business Control Manager is an experienced well-rounded professional, who is responsible for execution, management and support of Private Bank's Risk Framework, Audit issue activities, self-assessments, including assisting in managing Single Process Inventory initiatives.

Responsibilities:
  • Serve as a single point of contact for an underling Private Bank Enterprise Reporting Hierarchy on all items in the risk framework and audit issues.
  • Focus on PB product management and integration within the Risk Framework (SPI, audit issues, losses)
  • Leads the assessment of the design and effectiveness of the risk and control environment to support and ensure adherence to enterprise-wide standards
  • Lead on integration with process and product risk assessment governance
  • Performs monitoring and testing of controls, identifying issues and control improvements for remediation
  • Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
  • Manages the performance and productivity of team members that conduct quality inspection reviews
  • Ensures timely execution of QA activities including control execution, case management, and results reporting
  • Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
  • Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting
Desired Skills:
  • Understanding of the Process Owner Portal (POP) and ARIS
  • Process Mapping experience/ARIS
  • ORCIT-Key measures
  • Strong relationship management skills to build and maintain credibility and influence with support partners, leadership and stakeholders
  • Detail oriented with ability to interpret data and compile it into value-added information for leaders
  • Strong knowledge of business controls and risk framework, not afraid to challenge others
  • Strong leadership, communication and presentation skills
  • Proficient in Microsoft Office Suite (Excel, PowerPoint)
  • Ability to drive results, adapt to fast-paced environment, and build relationships across multiple businesses and/or business partners
  • Demonstrated passion for intellectual curiosity and accuracy as well as the ability to research issues and identify root cause and patterns
  • Self-starter; strong sense of ownership & ability to create and execute plans
  • Strong PowerPoint and Excel skills
  • Audit background desired, not required


Skills:

Controls Management

Oral Communications

Risk Management

Stakeholder Management

Strategy Planning and Development

Continuous Improvement

Drives Engagement

Influence

Strategic Thinking

Talent Development

Data and Trend Analysis

Decision Making

Monitoring, Surveillance, and Testing

Problem Solving

Quality Assurance

Shift:
1st shift (United States of America)

Hours Per Week:
40

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