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 Responsibilities:
- Oversees the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards.
- Supports the monitoring and testing of controls by evaluating data to identify issues and control improvements for remediation.
- Implements optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts.
- Conducts and coordinates quality inspection reviews to enhance employee performance and control effectiveness.
- Performs QA activities including executing on controls, managing cases, and reporting results.
- Executes initiatives by identifying areas of potential testing automation, procedural updates, thematic trends, test script updates, and coaching opportunities to enhance QA program success.
- Supports the overall management of and research required for regulatory exams, internal audits, and other monitoring and inspection reviews and evaluates data and information relevant to inspection metrics to support governance activities for dashboard reporting.
Required Skills:
- 3+ years of relevant risk management experience.
- Demonstrate strong collaboration, influencing, and relationship management skills to bridge key stakeholders across Audit, Risk, GCOR and LOB SMEs.
- Strong analytical, conceptual and problem solving skills – ability to drive root cause analysis, focus on details, identify issues, prioritize quickly and recommend solutions.
- Ability to balance multiple competing priorities in a fast-paced and complex environment.
- Advanced proficiency in various MS tools including Excel, Access, PowerPoint, and SharePoint (developer skills are desired).
- Strong written & oral communication and presentation skills; able to target messaging to different audiences; provide consolidated data in a clear and concise manner appropriate for all levels of management.
- Ability to quickly develop subject matter expertise across a broad spectrum of product and services.
- Be proactive in risk identification and mitigation through activity monitoring processes.
- Ability to meet tight deadlines while working in a flexible environment.
Desired Skills:
- Commercial Credit (Trade Finance, Loan, Equipment Finance or, Wholesale Flood and Insurance) experience including business process and applications.
- Working knowledge of laws, rules, and regulations and Bank of America Risk Framework.
- Experience working with external regulators and examiners.
- BS or BA, Masters degree a plus.
Shift:
1st shift (United States of America)
Hours Per Week:
40
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