Job Description

Job Description:

About Us

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 Description:

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.

Line of Business Job Description:

The Global Banking & Global Markets Anti-Money Laundering (GBGM AML) organization is a central control function which governs, facilitates, and oversees the global end-to-end GBGM AML program across all GBGM businesses and jurisdictions through implementation of processes and controls to effectively manage AML and economic sanctions risks.

The GB/GM AML Governance team covers refresh (periodic review) as its core activity and is looking to hire someone into a Business Control Manager role, to collaborate with many teams including GB/GM Sales COOs, Refresh team, GFC and Reporting and Technology teams. This role will be instrumental in formulating ideas and developing processes in order to streamline the GB/GM KYC (Know Your Customer) Refresh Process.

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
• Identify opportunities for process improvements and efficiency and engage in strategic and industry change initiatives
• Collaborating with Stakeholders in the AML space to design and develop processes and reporting that will aid in streamlining the GBGM AML Refresh Process
• Preparing documentation for the tracking, monitoring, and raising of risk related issues to management
• Support the bi-monthly AML GBGM Restrictions and Closures Governance process
• Well versed in business analysis via Excel based analytics, skills will ideally include V-Lookups, Pivot Tables and the ability to handle large volumes of data
• Formulating ideas for automation and handling the metrics to monitor Client refresh trending RED and ensure operational excellence
• Leverage bulk data set to build governance materials based on governance criteria and statusing
• Effectively partner with audit teams in supplemental data assessment as well as aid in developing artifacts that will serve as evidence
• Developing targets and efficiency matrix to indicate progress made of the refresh cycle

Required Qualifications:

• 5 years of experience in a data driven role
• Power user of MS Excel, MS Access and MS PowerPoint
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
• Highly motivated, proactive and a self-starter; strong sense of ownership & ability to create and execute plans without daily oversight
• Ability to manage multiple projects at once by prioritization and meeting deadlines
• Must be flexible and have experience working in a fast paced & high pressure environment
• Ability to challenge the status quo, produce appropriate changes and implement goals in order to develop and refine the GBGM AML dashboards and metrics

Desired Qualifications:

• Anti-Money Laundering experience
• Six Sigma

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

Shift:

Hours Per Week:

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