VP; Sr Business Control Specialist

can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities:

• Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.

• Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.

• Develop and maintain Single Process Inventory (SPI) framework, ensuring adherence to Process Management Policy requirements including metric performance oversight.

• Develop and maintain client relationships.

• Document and ensure communication of key risks.

• Recommend ways to control or reduce risk.

• Present risk portfolio and lead discussions related to situation risk and control performance.

• Assess and identify potential and existing risk in operational processes using Risk and Control Self Assessment (RCSA) framework.

• Determine the root cause of operational losses and analyze loss patterns to identify control gaps.

• Monitor and assess risk management activities to ensure compliance with applicable laws, rules and regulations.

• Assess for regulatory breaches, review control failures, and create remediation actions for impacted FLUs to strengthen control environment.

• Perform thematic reviews of control breaches and identify patterns in root causes.

• Analyze methodologies to streamline efficiencies and enhance the operation of workflows.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Bachelor's degree or equivalent in Mathematics, Business Analytics, Statistics, or related: and

• 5 years of progressively responsible experience in the job offered or a related Quantitative occupation.

• Must include 5 years of experience in each of the following:

• Assessing and identifying potential and existing risk in operational processes using Risk and Control Self Assessment (RCSA) framework;

• Determining the root cause of operational losses and analyzing loss patterns to identify control gaps;

• Monitoring and assessing risk management activities to ensure compliance with applicable laws, rules and regulations;

• Assessing for regulatory breaches, reviewing control failures, and creating remediation actions for impacted FLUs to strengthen control environment;

• Performing thematic reviews of control breaches and identifying patterns in root causes; and,

• Analyzing methodologies to streamline efficiencies and enhance the operation of workflows;

• The employer will accept 2 years of related work experience to meet the Bachelor's degree requirement.

If interested apply online at https://www.bankofamerica.com/careers or email your resume to [email protected] and reference the job title of the role and requisition number.

Employer: Bank of America N.A.

Shift:
1st shift (United States of America)

Hours Per Week:
40

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