Business Control Executive - Global Treasury & Merchant Operations

Bank of America•Plano, TX

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Profile Summary: This job is responsible for leading a function dedicated to designing a strategy to drive internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include ensuring capabilities are in place to drive the day-to-day execution of the Operational Risk Management Framework, including the implementation of LOB and ECF specific processes and tools to drive adherence to enterprise-wide standards. Job expectations include providing oversight and establishing effective quality assurance and control processes. The Business Control Executive is responsible for leading a team of business control professionals focused on issue management, compliance, third party risk, and change risk management across Global Treasury & Merchant Operations.

Requirements

Minimum 10+ years of business controls and issue management experience
Experience in risk management, stakeholder engagement, and change management
Prior leadership experience
Ability to influence across stakeholders
Controls Management
Oral Communications
Risk Management
Stakeholder Management
Strategy Planning and Development
Continuous Improvement
Drives Engagement
Influence
Strategic Thinking
Talent Development
Data and Trend Analysis
Decision Making
Problem Solving
Quality Assurance

Responsibilities

Engages with stakeholders to identify issues and control improvements for remediation and ensures issue resolution
Acts as an ambassador of the risk culture, monitoring and reporting on the Line of Business or Enterprise Control Function's Operational Risk Profile
Oversees the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
Oversee the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
Ensure timely execution of QA activities including control execution, case management, and results reporting
Oversee all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews

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