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Business Control Manager

Bank of America | Pennington NJ 08534 USA | Full Time | Posted: 03/24/2020

Job Descriptiontop

Job Description:

Position Summary

The Business Control Manager will serve as the Senior Risk Lead in support of a portfolio within Consumer, Small Business and Wealth Technology. This role will be focused on applying risk management and governance subject matter expertise across the portfolio to support a culture of risk identification, escalation and timely mitigation of compliance and operational risks. This senior position is focused on communicating and driving risk strategy and prioritization in partnership with executive leaders. The Risk Lead will sit in overarching role collaborating with technology teams, control partners, domain experts and risk and control officers to proactively identify, debate and assess potential risks and issues and remediate open gaps in a timely manner.


The role will require candidate to work across front line units to discuss emerging risks in the portfolio and mitigate strategies relevant to reduce likelihood of occurrence. Will utilize technical domain expertise to lead and contribute to strategic solutions within the risk portfolio. Must ensure and understand how sustainable solutions apply to adherence of policies. Leader will drive and report progress on execution of key mitigating strategies across the portfolio to leadership on an ongoing basis.

Responsibilities
• Define and lead risk mitigating strategies to address key technology areas to ensure conformance with laws, rules and regulations
• Partner with multiple technology organizations, divisional leads within Global Technology & Operations and Line of Business, and control partners (i.e. GIS, Technology Compliance & Ops Risk, Audit, etc.)
• Identifies recommendations to leadership to maximize efficient identification, assessment and remediation of risk
• Utilize technical domain expertise in data management, artificial intelligence and/or information security to drive policy adherence and maintain sustainable risk based solutions
• Oversee Issue Management activities end-to-end, including development of action plans for self/audit/compliance-identified

Required Skills

• 10+ years of relevant work experience in technology with some applied within financial services or risk
• 5+ years of professional domain expertise in a technical discipline, such as data management, artificial intelligence and/or information security
• Communicates complex technical subject matter into clear, concise language suited for various audiences ranging from executives to junior analysts
• Demonstrated increasing levels of accountability and ownership
• Demonstrated ability to operate as a change agent and driving change across diverse stakeholders groups
• Strong collaboration and partnering skills with ability to positively influence and motivate teams
• Comfortable with ambiguous situations capable of analyzing, simplifying and collaborating to solve complex problems
• Strategic thinker, self-starter, organized, versatile, and capable of performing work with minimal management oversight
• Ability to coordinate and drive execution of priorities and meet deadlines to adhere with policies and standards
• Can quickly “connect the dots” to demonstrate ability to identify and perform thematic analysis

Desired Skills

• Experience in risk and issues management
• Foundational knowledge of RISE

Enterprise Role Description

Assist in the execution of internal control discipline and operational excellence within a LOB or ECF. Execute LOB/ECF specific processes and tools to drive adherence to enterprise-wide Standards. Support the implementation of QA/QC processes within the LOB/ECF through ongoing monitoring and testing of controls. Identify issues and/or control improvements for remediation, whilst assisting in building out actions plans and milestones. Acts as an ambassador of the risk culture. Develop and direct staff. Incumbents typically have over 8+ years of risk management and LOB/ECF experience.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Job Detailstop

Location Pennington, NJ, 08534, United States
Categories Education/Instructor/Training

Location Maptop

Contact Informationtop

Contact Name -
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Job Code 19072249-4
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