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Financial Control Lead
2 months ago
At Bank of America, our mission is to enhance financial well-being through meaningful connections. We believe in Responsible Growth, which is integral to our operations and our commitment to clients, employees, communities, and shareholders alike.
We are dedicated to fostering a diverse and inclusive workplace, hiring individuals from various backgrounds and experiences. Our investment in our employees and their families includes competitive benefits aimed at supporting their overall well-being—physically, emotionally, and financially.
Bank of America values collaboration while also providing flexibility tailored to the diverse roles within our organization.
Joining our team means embarking on a fulfilling career with opportunities for personal and professional growth, as well as the chance to make a significant impact.
Position Responsibilities:
This role is pivotal in steering and executing internal control practices and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key duties encompass the execution of LOB or ECF processes and tools to ensure compliance with enterprise-wide standards. Responsibilities include:
- Leading assessments of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure compliance with enterprise standards.
- Conducting monitoring and testing of controls, identifying issues, and proposing control enhancements for remediation.
- Driving the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity initiatives.
- Overseeing the performance and productivity of team members engaged in quality inspection reviews.
- Ensuring timely execution of QA activities, including control execution, case management, and results reporting.
- Managing and reviewing all operations front line unit responses for regulatory examinations, internal audits, and other monitoring and inspection reviews.
- Ensuring data accuracy and capturing relevant information for inspection metrics to support governance and dashboard reporting.
- Minimum of 3 years leading a team or equivalent experience.
- At least 3 years of experience in Business Control and/or Global Compliance and Operational Risk or similar roles.
- Proven ability to cultivate partnerships and drive action across various business units and leadership levels.
- Ability to thrive in a fast-paced, dynamic environment while balancing multiple priorities.
- Strong awareness of Operational, Compliance, and Reputational Risk.
- Proficient in data analysis and trend identification to support performance enhancement.
- Excellent written and verbal communication skills.
- Effective organizational and time management capabilities.
- Strong proficiency in Word, Excel, PowerPoint, and SharePoint.
- Experience in Advanced Client Solutions.
- Familiarity with issue management processes and the Central Issues Management Application (CIMA).
- Knowledge of risk management policies and standards, including Issues, Risks, Enterprise Sub-issues, and Control Enhancements.
- Controls Management
- Oral Communication
- Risk Management
- Stakeholder Engagement
- Strategic Planning and Development
- Continuous Improvement
- Employee Engagement
- Influencing Skills
- Strategic Thinking
- Talent Development
- Data and Trend Analysis
- Decision Making
- Monitoring, Surveillance, and Testing
- Problem Solving
- Quality Assurance
1st shift (United States of America)
Weekly Hours:
40