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Bank Of America Senior Business Control Specialist 
United Kingdom, England, Chester 
511481164

Today

Responsibilities:

  • As a member of the GFICCO Risk team are trusted advisors to GFICCO functions and leadership by providing independent oversight and assessment of their risk environment. It is our role to strengthen the control environment, improve control culture & practices embedding a robust risk culture across the organisation. We aim to create open channels of communication with GFICCO teams to maintain trust and promote transparency in reporting root cause of issues and escalations.
  • Close interaction and engagement with GFICCO functional leadership to provide guidance on identified risk and control issues, escalation triage, formal capture of audit issues & operational events and development of associated remediation plans
  • Coordinate, oversee and manage input and engagement for regulatory exams, corporate audits and target risk assessments impacting GFICCO functions & processes and associated remediation of findings, including Matters Requiring Attention/Immediate Attention (MRA/MRIA)
  • Develop and maintain Single Process Inventory (SPI) framework, ensure adherence to process management standard requirements including metric performance oversight
  • Collaborate and debate with Audit, Compliance & Operational Risk partners on findings and emerging themes
  • Ensure compliance with critical deadlines for risk identification, escalation, and remediation

Skills

  • Highly motivated individuals who can help the firm and its clients facilitate business whilst focussing on responsible growth. Our teammates come from various academic and professional backgrounds and display the following qualities and attributes:
  • Excellent communication skills (both written and verbal) to be able to drive and influence risk-based decisions
  • Excellent people/stakeholder management skills at all levels of seniority
  • Strong analytical skills, attention to detail and objective problem solver
  • Ability to work independently and be results driven whilst being a strong team player
  • Organized and able to present issues effectively and with impact
  • Strong multitasking abilities, proactive approach to successfully comply with multiple deadlines and initiatives globally
  • Knowledgeable in Global Markets products or support functions and operational risk preferred
  • Proven track record of improving processes and demonstrating successful teamwork
  • Commitment to challenging the status quo and promoting positive change across all levels of the organisation
  • Experience in quickly understanding situations and asking the right questions to drive resolutions – is a continuous learner
  • Positive and motivated to perform in a diverse environment where the type of work will regularly change

Additional skills

  • 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

UK

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
  • 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
  • Use of a flex fund to use towards benefits
  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
  • Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.