VP/ Director - Global Markets, Business Controls Group
Company: Disability Solutions
Location: New York
Posted on: April 28, 2024
Job Description:
Job Description: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!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.The
candidate will join the Global Markets Control Programs Group,
supporting varied operational aspects of the Business Controls
infrastructure.
- Support multiple "Risk and Control Programs" across GM in
partnership with Program Manager
- Liaise with Senior Business Controls Management, Business
Controls Officers, Program Managers, and other teams (e.g.
Compliance, Technology, Operations, Human Resources, etc.) to
secure data, analyze current processes/procedures, identify
potential improvements, develop strategies to implement change, and
oversee/manage implementation
- Analyze, monitor, interpret, and report data related to "Risk
and Control Programs" and leverage it to identify and drive
resolution of potential issues or inefficiencies
- Develop, produce, and distribute senior management reporting
related to "Risk and Control Programs"
- Monitor performance of specific "Risk and Control Programs" and
related processes
- Serve as a central point of contact, along with Program
Manager, for specific "Risk and Control Programs"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
reportingRequirements:
- Must be detail oriented (e.g. ability to identify anomalies
within large sets of data and track multiple action items in
detail)
- Expert in data analytics, manipulation, aggregation,
integration, and reporting
- Excellent critical thinking/problem solving skills. Must be
able to own/understand a process from end-to-end, be able to
identify weaknesses in the process and identify/implement
solutions, be able to challenge others on the facts of the
process
- Excellent verbal and written communication skills with ability
to simplify complex information into messages targeted to various
levels of leadership as well accurately interpret communications
from Business Controls Officers, Supervisors, GCOR, Audit,
etc.
- Ability to assess and determine when to raise concerns and
escalate
- Ability to conceptualize, develop, and deliver quality analysis
and highly actionable management information
- Excellent time management skills and ability to manage multiple
competing/concurrent activities
- Excellent project/program management skills
- Takes initiative and demonstrates focused desire to drive
improvements versus relying on "status quo"
- Must be able to deliver accurate results with limited direction
and supervision
- Must be self-motivated and results oriented with strong desire
to succeed
- Must be able to work with technical teams and translate
technical concepts to business audiences
- Must be able to work well in collaborative team environment,
but also independently
- Must have excellent Excel proficiencySkills:
- Hands-on experience with Alteryx, including ability to
independently build new data workflows and reporting suites
- Knowledge of global markets risk and controls
- Technical background, or experience interfacing with technical
teams
- Controls Management
- Oral Communications
- Risk Management
- Stakeholder Management
- Strategy Planning and Development
- Continuous Improvement
- Drives Engagement
- Influence
- Strategic Thinking
- Talent DevelopmentShift:1st shift (United States of
America)Hours Per Week: 40
Keywords: Disability Solutions, West New York , VP/ Director - Global Markets, Business Controls Group, Executive , New York, New Jersey
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