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. 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!

Requirements

  • Bachelor's degrees or above in fields including but not limited to: Finance, Economics, Mathematics, Computer Science, Statistics, Process and Mechanical Engineering, Operations Research, Data Science, Accounting, Business Administration
  • 5-7 years minimum experience in regulatory reporting, data, compliance, or risk functions
  • Experience applying quantitative methods such as modelling, data analytics, machine learning, and statistics to develop business solutions
  • Programming skills (e.g., Python) and solid understanding of Software Development Life cycle principles
  • Knowledge of financial services industry and related regulations
  • Digital fluency

Nice To Haves

  • Adept at detecting and remediating organizational / process weaknesses and deficiencies
  • Feels ownership and accountability for delivering high quality work, able to balance multiple priorities and meet strict deadlines
  • Strong written, verbal, presentation creation and delivery skills
  • Well organized with attention to detail
  • Ability to manage teams to deliver high quality work in a timely manner
  • Willing to challenge the status quo and with a track record of driving change
  • Experience implementing process improvements and automation
  • Intellectual curiosity
  • Strong data quality mindset
  • Advanced Microsoft Office skills

Responsibilities

  • Designs independent testing on a team in support of coverage needs identified by Compliance and Operational Risk officers and/or Front Line Unit process owners, inclusive of transactional, qualitative, onsite, employee quality review, and surveillance testing
  • Assesses databases and documentation from internal and external sources to develop data extract, sampling, and testing procedures, working closely with Front Line Unit data contacts and subject matter experts
  • Collaborates with Compliance and Operational Risk officers and/or Front Line Unit process owners to design sampling and test procedures that support the test objective and ensure the repeatability and reliability of the testing
  • Manages the quality of the test design process in accordance with the Independent Testing Enterprise Policy and Standard

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Credit Intermediation and Related Activities

Education Level

Bachelor's degree

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service