Bank Of America Business Control Specialist - Sanctions Screening Center Excellence United States, Pennsylvania, Scranton 14224432
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This job is responsible for executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include providing analytical and administrative support for LOB or ECF specific 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 by gathering and organizing data to help identify, track, and report issues and control improvements for remediation.
Responsibilities:
Assesses the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
Provides administrative support for the monitoring and testing of controls by gathering and organizing data to identify issues and control improvements for remediation
Complies with controls and Quality Assurance (QA) practices to support business continuity efforts
Conducts and coordinates quality inspection reviews to enhance employee performance and control effectiveness
Performs QA activities including executing on controls, managing cases, and reporting results
Supports initiatives by identifying potential procedural updates, test script updates, and data discrepancies to enhance QA program success
Supports operational research required for regulatory exams, internal audits, and other monitoring and inspection reviews and captures data and information relevant to inspection metrics to support governance activities for dashboard reporting
Performs QA of submitted cases ensuring compliance policies and procedures were followed
Required Qualifications:
Minimum of 1 year experience in finance and/or compliance.
Must have experience working in a production environment.
Analytical and detail oriented.
Ability to remain focused in a repetitive environment.
Ability to navigate through multiple systems while maintaining data integrity
Good oral and written communications skills, ability to influence over a variety of levels.
PC proficiency and excellent Keyboarding/Typing skills.
Ability to work independently, as well as, within a team.
Overtime as required.
Desired Qualifications:
Experience within Economic Sanctions, AML, Wire Transaction and/or previous Compliance.
Experience in Quality Assurance/Control
College degree or equivalent work experience desired
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
Excels in working among diverse viewpoints to determine the best path forward.
Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
Commitment to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
Skills:
Controls Management
Issue Management
Monitoring, Surveillance, and Testing
Quality Assurance
Risk Management
Analytical Thinking
Attention to Detail
Critical Thinking
Problem Solving
Written Communications
Decision Making
Innovative Thinking
Prioritization
Recording/Organizing Information
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