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Financial Control Manager

2 months ago

Lincoln, Massachusetts, United States Bank of America Full time
Job Overview:

At Bank of America, we are committed to enhancing financial well-being through meaningful connections. Our approach to Responsible Growth ensures that we serve our clients, teammates, communities, and shareholders effectively. A vital aspect of our strategy is fostering a workplace that values diversity and inclusivity. We seek individuals from various backgrounds and experiences, providing robust benefits to support their overall well-being. Our flexible work environment adapts to the diverse roles within our organization, allowing employees to thrive.

The Financial Control Manager - Preferred Project Execution plays a crucial role within the Consumer Investments (CI) Supervision Leadership Team. This position involves reporting to multiple stakeholders, including Division Supervision Managers and the Complex Products & Platform Supervision leader, while keeping the Business Segment Supervision Executive (BSSE) updated on significant developments. The role focuses on developing and enhancing supervision technologies, processes, and strategies within the broader Supervision Organization. By collaborating closely with various teams, the Financial Control Manager will prioritize and advance CI Supervision's operational excellence initiatives.

Key Responsibilities:
  • Lead the assessment of risk and control environments to ensure compliance with enterprise-wide standards.
  • Conduct monitoring and testing of controls, identifying issues and proposing improvements for remediation.
  • Implement optimized controls and enhance Quality Assurance (QA) practices to support business continuity.
  • Manage team performance and productivity in conducting quality inspection reviews.
  • Ensure timely execution of QA activities, including control execution and results reporting.
  • Oversee responses for regulatory exams, internal audits, and other inspections.
  • Ensure data accuracy and capture relevant information for inspection metrics to support governance reporting.
Required Qualifications:
  • Strong communication, time management, and organizational skills.
  • Proven leadership and collaboration abilities.
  • Experience in managing projects and executing changes within a financial services context.
  • Proficiency in Microsoft Office applications, including Word, Excel, and PowerPoint.
Desired Qualifications:
  • Relevant FINRA licenses (Series 7, 8 or 9/10, 24, and 63/65 or 66).
  • Experience with SQL and various data repositories.
  • Exceptional project management skills.
  • Adept at managing multiple complex projects in a fast-paced environment.
  • Strong analytical and presentation skills, with the ability to distill complex data into actionable insights.
  • Self-motivated with excellent organizational skills.
  • Effective communication skills, both verbal and written.
  • High credibility with executives and business partners.
  • Proficiency in Microsoft Project, SharePoint, and Visio.
  • Demonstrated ability to influence and negotiate effectively.
  • Strong decision-making capabilities with a proactive communication style.
  • Enthusiastic and positive attitude, especially under pressure.
  • Ability to coordinate project delivery while analyzing solutions to drive business outcomes.
  • Critical thinking and risk management skills.
Shift:
1st shift (United States of America)

Hours Per Week:
40