1+ months

Business Controls Executive

Chandler, AZ 85286
**Job Description:**

**Functional Role Description:**

Partner with Business Control teams to identify, measure, monitor and control the inherent risk of Consumer, SmallBusiness& Wealth Management Operations and Global Business Servicesprocesses/practices as required by the Banks QA Program Standard, RCSA and Risk Framework

Sponsor adoption of best practices, standards and controls across the space to simplify the business and drive responsible growth

Assess and evidence compliance related to Laws,Rules and Regulations(LRR); manage annual Standard reviews; maintain traceability for alignment of LRR to Standards andoversee timely implementation of new/revised Rule, Policy and Standards

Oversight and execution for RCSA, External/Internal Operational Loss Events and GRRP Resolution Planning submissions

Serve as horizontal expert for complex projects /programs that impact multiple business units within Consumer, SmallBusiness& Wealth Management Operations and Global Business Services

Identify, remediate and close issues and observations in conjunction with Consumer, SmallBusiness& Wealth Management Operations and Global Business Services businesses

Ensure adherence to KRI performance metrics directly related to Consumer, SmallBusiness& Wealth Management Operations and Global Business Services businesses

Create and facilitate the monthly KRR and quarterly Regulator Review

Partner on governance routines for STORM andeIMSand execute Risk 2.0 deployment

Partner with Front Line Units (FLU) to align issues and observationsto the appropriate Process, Risk and Control taxonomy

LiaisonwithcBCMRteam for Global Technology & Operations requirements regarding sustainability, QC monitoring and GT&O executive reporting

Exam Oversight for Consumer, SmallBusiness& Wealth Management Operations and Global Business Services and engagement in FLU routines for Exam and Regulatory activities

Ensure programexecution supports settlement obligations and performance is in line with strategic expectations

Identify solutions and proper evidencing related to settlement certification efforts, in collaboration with the IRG team

Manage special/cross-divisional initiatives, identifying solutions and driving resolution

Role Qualifications:

+ Operational Risk experience

+ Ability to bring multiple stakeholders together, cut to the heart ofissues to reach consensus & decisions, demonstrate personal courage.

+ Ability to lead across multiple lines of businessto orchestrate cohesive risk & controls oversight and process management.

+ Regulatory experience

+ 10+ years of risk management experience.

+ Charlotte, TX or AZ preferred, would considerother core locations if top talent

Leadership Competencies:

+ Strong relationship management skills to navigate the complexities of gaining buy-in, building consensus and resolving conflicts in a large, distributed organization

+ Ability to decompose complex issues and drive timely decisions, knowing when to engage others for additional input, and when to act independently

Key Stakeholders:

+ Ops and LOB Risk


+ Compliance LOB

+ RPSBGG Executives

+ HR / LD

+ Finance

+ Communications

_Enterprise Role Overview:_

Lead a function dedicated to and design a strategy to drive internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Ensure capabilities are in place to drive the day to day execution of the Operational Risk Management Framework, including the implementation of LOB/ECF specific processes and tools to drive adherence to enterprise-wide Standards. Effectively monitor and report on the LOB/ECF Operational Risk Profile. Provides leadership and oversight in establishing effective controls within processes (Quality Assurance), perform reviews, and test the effectiveness of controls (monitoring and Quality Control). Engage with senior stakeholders to identify issues and/or control improvements for remediation. Acts as an ambassador of the risk culture. Incumbents typically have over 10+ years of risk management and LOB/ECF experience. Develop and direct staff.

**Posting Date** : 05/15/2019

**Location** :

Chandler, AZ, Building D, 2505 W CHANDLER BLVD,


- United States

**Travel** : Yes, 25% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

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  • Banking / Finance
Posted: 2019-05-17 Expires: 2019-09-28

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Business Controls Executive

Bank of America
Chandler, AZ 85286

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