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Senior Specialist, Regulatory Business Analysis
1 month ago
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.
We are seeking a highly skilled Senior Specialist, Regulatory Business Analysis to join our team. In this role, you will be responsible for driving and executing compliance with the Global Third Party management program.
You will support the FLU Third Party Executive and functions related to Third Party Governance and Performance Management for the Global Payments Solutions third party portfolio.
Key Responsibilities:
- Prepare materials for and lead GPS Third Party governance routines, and coordinate escalations to enterprise Third Party risk routines
- Provide Third Party risk and governance subject matter expertise to GPS business partners across GPS global footprint
- Support the execution of required Third Party Requirements routines, Cyber Security escalations, vendor risk assessments (VLRA), Sourcing requests and Third Party strategy
- Support the design and effectiveness of the risk and control environment and ensure adherence to enterprise-wide standards
- Perform non-performing Third Party metric root cause analysis and prepare and manage Go to Green plans
- Review and challenge data transmission registrations (DTRs) and Third Party risk assessments to ensure accurate and complete documentation of external data transmissions
- Review and challenge Third Party information security remediation plans in partnership with GIS
- Support Third Party Audit and Regulatory engagements and Audit Issue remediation activities
- Support and guide GPS business partners in completing outsourcing materiality assessments
Requirements:
- 3+ years Business Control experience with Third Party Management and/or Data Management
- Experience planning and supporting large scale projects
- Ability to drive projects to meet critical milestones and identify potential roadblocks for the team
- Strong project management skills; ability to drive projects to conclusion
- Excellent organizational skills with a keen ability to prioritize daily tasks with project work as well as ad hoc requests
- Proficiency in using MS Word, Excel, PowerPoint, SharePoint and WebEx
- Bachelor's Degree or equivalent work experience
We offer a competitive salary and benefits package, as well as opportunities for professional growth and development. If you are a motivated and detail-oriented individual with a passion for regulatory compliance, we encourage you to apply for this exciting opportunity.