Application Control Specialist

Bank of America•Addison, IL

1d•Onsite

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This job is responsible for completing and tracking compliance deliverables to ensure applications adhere to policies and standards as well as local laws, rules, and regulations. Key responsibilities include supporting compliance deliverables and infrastructure requests, vendors, development teams, and technology managers to ensure timely completion of compliance activities. Job expectations include partnering with control functions, risk management, and Global Information Security teams to complete compliance deliverables effectively and efficiently. This position will require specific skills to ensure compliance of vendor application to Bank’s requirements, strong business analysis mindset and superb communication abilities to coordinate support activities between multiple stakeholders – LOB, technology partners and vendor, required for ongoing support and key strategic initiatives for ACE and ICDR/BillPay Mandates as well as to enable B of A Bills experience for related customer base.

Requirements

Application Governance
Collaboration
Risk Management
Analytical Thinking
Data Management
Solution Delivery Process
Technical Strategy Development
Experience with Vendor applications
Bank Compliance practices
Application Development Architecture
Collaboration
DevOps Practices
Risk Management
Analytical Thinking
Data Management
Financial Management
Solution Delivery Process
Technical Strategy Development
Agile Practices
Automation
Result Orientation
Solution Design
Test Engineering

Responsibilities

Completes administrative and non-technical tasks related to risk, security, and other compliance deliverables (e.g., access reviews, assessments, questionnaires, and procedural requirements) on time and per requirements for the application supported
Tracks and supports the technical security and risk activities performed by the development teams (e.g., remediation of non permitted technology or security vulnerabilities, technical recovery planning, and disaster recovery exercises)
Works with technology infrastructure teams to incorporate infrastructure requirements, including requests for additional storage
Assists with audit exams and risk assessments for applications
Works closely with vendors for vendor applications to ensure they meet bank requirements
Maintains data about the application in AppHQ and other systems of record
Assists with ad hoc inquiries and questions about applications
This role is responsible for completing and tracking compliance deliverables to ensure applications adhere to applicable policies and standards as well as local laws, rules and regulations (LRR).
Key responsibilities include completing administrative and non-technical tasks related to compliance deliverables and infrastructure requests for the applications they support.
They support vendors, development teams and technology managers to ensure technical security, risk, and other compliance activities are completed on-time and per requirements.
These individuals partner closely with control functions, risk management and Global Information Security (GIS) and are familiar with the applicable policies, standards, LRRs, contacts and procedures so that the compliance deliverables are completed effectively and efficiently.