Business Control Specialist

Charlotte, North Carolina;New York, New York; Atlanta, Georgia

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:

Assisting with Product Risk Management governance, high risk client oversight, policy and standard management and cryptocurrency policy administration as required.

Responsibilities will include:

• Partnering with other team members to prepare for risk governance forums, including outreach to stakeholders to consult on and prepare required materials

• Assist with Quality Assurance reviews of Product Risk and Global Payments Policy Standard assessments

• Compile and deliver Product Risk Scorecards

• Assist as necessary with audit and exam management responses to inquiries related to team responsibilities

• Contribute to meeting planning, logistics and communication including tracking of deliverable status, detailed meeting notes and recaps, archiving governance and exam/audit evidence, etc.

• Support development of procedures, notices, training materials, and communications for areas of responsibility

• Escalate risks timely and appropriately. Develop solutions and deliver mitigating actions in support of risk reduction efforts

Required Skills:

• Experience supporting large scale projects

• Strong project management skills; attention to detail; ability to drive projects to conclusion

• Ability to manage multiple tasks and stakeholders at once, prioritize workflow and deliver results under pressure and time constraints

• Strong organizational skills with a keen ability to prioritize daily tasks with project work as well as ad hoc requests

• Proven verbal and written communication skills and presentation skills

• Strong analytical skills

• Ability to work under pressure, calmly within tight deadlines and escalate appropriately.

• Able to develop and maintain good working relationships

• Self-starter, motivated and reliable; ability to work well and seamlessly within a team without a continuous high level of guidance

• Proficiency in using MS Word, Excel, PowerPoint, SharePoint and WebEx

Desired Skills:

• Experience in control function roles, operations or services preferred

• Adapts to a dynamic work environment with multiple priorities

• Able to partner effectively within the team across the organization to deliver needed results

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$69,000.00 - $103,900.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.