1+ months

Senior Business Control Specialist

New York, NY 10176
**Job Description:**

The Operational Risk & Control team works within the global FICC & Derivatives core operations (FDCO) organization and is responsible for:

+ Providing an independent assessment of control and risk issues for senior management

+ Working with line management to strengthen the control environment and improve control processes

+ Providing an oversight responsibility across regulatory processes

+ Control design review & control effectiveness testing

+ Managing relevant resolution and resiliency planning

+ Embedding a risk awareness culture across the organization

+ Designing and deploying independent monitoring and escalation functions across the organization

+ Acting as a bridge between Ops teams and the Audit function

+ Ensuring the control framework is linked as necessary to appropriate Laws, Rules and regs

+ Detailed investigation, analysis and presentation of operational risk events

+ Education of associates through presentations and work shops

+ Maintenance and development of control standards, and monitoring of complianceResponsibilities:

+ Chair monthly risk reviews with the line of business you support

+ Challenge the line of business on their controls and evidence of control design & effectiveness

+ Review and assess all operational events generated by your line of business, identifying thematics where appropriate

+ Review/approve the raising & remediation for audit issues (including self-identified)

+ Review the Risk self assessment by the line of business

+ Proactive Risk Partner for the line of business head (FDCO SLT member)

+ Deep dive investigations of significant risk and control issues

+ Understand and communicate impact on line of business of all relevantenterprise/regulatoryled initiativesQualifications:

The successful candidate will possess the following qualifications:

+ Strong collaboration and relationship management skills.

+ Control mindset

+ High sense of urgency with ability to drive results.

+ Demonstrable evidence of stakeholder management.

+ Effective multi-tasking and prioritization skills.

+ Self starter, able to establish relationships and transcend multiplecross-functional/divisionalboundaries, largely unaided.

+ Ability to handle diverse workload and tight schedules.

+ Strong risk assessment, negotiation and problem resolution skills.

+ Ability to lead and drive change

Other experience: industry experience

+ Some experience of Trade support/Operations and/or related support functions, including good understanding of the end to end trade lifecycle and the associated processes within the support functions

+ Some experience of operational risk

+ Has a proven ability to apply strategic thinking to multiple, complex organizational and business issues, and has ability to translate into practical plans for project execution

Desired Skills:

+ Excellent verbal and writtencommunication/presentationskills

+ Ability to work across business groups and in a team environment

+ Project management (typically as part of a wider role)

+ Ability to interface across various levels within Trade support, Technology, Operations, Finance and FO.

+ High proficiency in PowerPoint, Word and Excel.

Enterprise Job Description:

Provide analytical support in executing internal control discipline and operational excellence within a LOB/ECF. Gather and organize data in order to monitor and test the effectiveness of key controls and status of mitigation and action plans. Prepare documentation for the tracking, monitoring, and escalation of risk related issues to management. Acts as an ambassador of the risk culture. Incumbents typically have over 5+ years of risk management and/or LOB/ECF experience. May manage staff.

**Posting Date** : 06/26/2019

**Location** :

New York, NY, Jones Lang Lasalle, 1133 Ave of the Americas,

- United States

**Travel** : No

**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: 2019-06-28 Expires: 2019-09-28

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Senior Business Control Specialist

Bank of America
New York, NY 10176

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