Business Control Manager- GT Model Governance Portfolio Manager

Bank of America•Plano, TX

2d•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! This job is responsible for leading and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include executing LOB or ECF processes and tools to drive adherence to enterprise-wide standards. Job expectations include supporting the implementation of quality assurance and quality control processes within the LOB or ECF through ongoing monitoring and testing of controls, identifying issues and control improvements for remediation, and building out actions plans and milestones. The GT Model Governance Portfolio Manager leads the review, oversight and monitoring of the AI, model and critical use spreadsheet portfolio for Global Technology-Global Information Security and provide support across the remaining CIO divisions. Will also be responsible for review and maintenance of model documentation, tracking, reporting and on-going compliance with the Enterprise AI, Model Risk Management and Critical Use Spreadsheet Policies. Drives the model risk strategy for GT through monitoring and oversight of the model and critical use spreadsheet inventory and ensures overall governance adherence to the Enterprise Model Risk Management and AI Policies and standards including model identification, model health and the quarterly attestation. Supports driving the solutions within the Information Security vertical to optimize performance, prioritize and monitor overall risks and core processes while focusing on operational excellence. Reviews the Model Risk Management requirements and incorporates into internal Global Technology Model Governance procedure development, compliance, control implementation, management and oversight. Participates in governance forums to monitor model inventory health and MRM developer activities. Drives solutions for self-identification of risks and control gaps and monitoring of implementation. Candidate will be able to champion the effective and compliant use of models to mitigate cyber risk within the bank’s Defense in Depth.

Requirements

5+ years recent experience in a Risk & Control environment
Communicates complex technical subject matter into clear, concise language suited for various audiences
Demonstrated increasing levels of accountability and ownership
Demonstrated ability to operate as a change agent and driving change across diverse stakeholders’ groups
Strong collaboration and partnering skills with ability to positively influence and motivate teams
Comfortable with ambiguous situations capable of analyzing, simplifying, and collaborating to solve complex problems
Strategic thinker, self-starter, organized, versatile, and capable of performing work with minimal management oversight
Ability to coordinate and drive execution of priorities and meet deadlines to adhere to policies and standards
Can quickly “connect the dots” to demonstrate ability to identify and perform thematic analysis
Competency with Microsoft Office: Outlook, Word, PowerPoint, Excel

Nice To Haves

Familiarity with the Global Technology organization
Strong knowledge of Information Security best practices, principles, technologies, associated risks and attack vectors
Previous experience in Cyber Security Operations across multiple incident or privacy disciplines
Professional Infrastructure domain experience within Risk, CTO, and/or Global Information Security
Strong knowledge of the NIST Cybersecurity Framework
Possesses advanced understanding of security threats, vulnerabilities, exploits, attack vectors, malware, and digital forensics to guide incident response
Proven experience in implementing related requirements of Compliance and Operational Risk Programs, including risk assessments and issues management
Skills: 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 Monitoring, Surveillance, and Testing Problem Solving Quality Assurance

Responsibilities

Leads 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
Performs monitoring and testing of controls, identifying issues and control improvements for remediation
Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
Manages the performance and productivity of team members that conduct quality inspection reviews
Ensures timely execution of QA activities including control execution, case management, and results reporting
Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting
Define and lead risk mitigating strategies to address key areas to ensure conformance with the Enterprise Model Risk Management and Artificial Intelligence Policies
Partner with multiple technology organizations, divisional leads within Global Technology & Line of business
Work closely with stakeholders to coordinate updates, metrics and review materials as needed to support routines; perform quality review before final submission to senior management and / or other stakeholders
Coordinate, maintain, and communicate to cross divisional stakeholders a schedule of deliverables and routine timelines to ensure commitments are met on time
Actively participate in efforts to define and manage ongoing execution of Model Risk KRIs
Other technology model risk and governance related activities as necessary; which may include engagement in audits / exams of model risk management topics; engagement in issues management; or engagement in other technology model risk and control programs and efforts
Manage cross functional model governance programs and projects
Identify opportunities for enhancing or streamlining execution of model risk management processes; partner across multiple divisions to execute