Vice President, Sr Business Control Specialist

Bank of America•New York, NY

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! This job is responsible for driving and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include providing analytical and administrative support for LOB or ECF specific processes and tools to drive adherence to enterprise-wide standards. Job expectations include monitoring and testing controls and implementing quality assurance and quality control processes within the LOB or ECF by evaluating data to help identify, track, and report issues and control improvements for remediation.

Requirements

Bachelor's degree or equivalent in Economics, Finance, Business Administration, Statistics, or related
4 years of experience in the job offered or a related Finance occupation.
4 years of experience in developing strategic roadmaps and business cases to support process redesign, automation, and outsourcing strategies across core business and support functions
4 years of experience in executing digital transformation initiatives that improve operational efficiency and enhance user experiences across technology and financial services
4 years of experience in spearheading the integration of quantitative and advanced analytics and AI capabilities into enterprise platforms, driving innovation and streamlining critical workflows
4 years of experience in facilitating executive level workshops and stakeholder engagements across global teams aligning diverse business units on future state visions and implementation priorities

Responsibilities

Support senior business leaders to provide appropriate solutions for data delivery and reporting.
Participate in routines and discussions to evaluate technology plans, identify, and assess risks.
Demonstrate subject matter knowledge of related risks and technology fundamentals to provide insights, perspectives, and guidance to the teams.
Create enhanced remediation plans to monitor risk mitigation and risk acceptance decisions to ensure a balanced operating environment.
Act as a Subject Matter Expert, advising on control framework enhancements and business process improvements.
Develop dashboards for data visualization, build and monitor KPIs, and assess performance.
Work with functional teams on initiatives related to commercial matters, control environments, risk management, regulatory requirements, business processes, platforms, and technology.
Coordinate the identification and remediation of issues, integrating enterprise and regulatory deliverables.