Bank Of America VP Sr Business Controls 

United States, New York, New York 

623953561

Job Description:

Job Description:
Manage, develop and oversee supervisory controls for a line of business or region. Enhance, design, implement and provide ongoing oversight to front-office supervisory programs. Train supervisors and serve as subject matter expert on supervision structure, risk controls and policy implementation. Partner closely with senior management, Compliance and other control partners to develop strategies, tools and reporting capabilities to strengthen current processes associated with supervision and control. Work with Compliance and Legal, as appropriate to update policies and procedures to reflect changes in regulatory rules. As appropriate, assume formal delegations of supervisory responsibilities on behalf of the line of business. Requires a qualified registered principal (as defined by regulatory bodies), a deep understanding of the business unit's products, services and processes, extensive industry experience, and strong analytical, communication and management skills.

tasks from review of sales/trading activity to ensuring desk personnel are appropriately registered.

Position Description

• Understanding of US Equity Regulations, particularly SEC, FINRA, CFTC
• Coordinate with IT to create and enhance supervisory reports
• Work closely with desk supervisors and support groups in managing the day-to-day supervision infrastructure including matrices, supervisor alignments and monthly supervisor acknowledgements
• Conduct specific delegated supervisory tasks and follow up as necessary with the business supervisors. Works with other support partners to ensure supervisory processes are considered in the overall business infrastructure and ensures that adequate supervisory tools exist or are developed to meet key supervisory requirements
• Consults with senior management, the centralized Business Controls team, Legal and Compliance to develop strategies to implement change and improvements to current processes; and work with Compliance and Legal as appropriate to update procedures to reflect changes in regulatory rules.
• Oversee, develop, maintain and enforce the supervisory program
• FINRA series 7, 63 & 24 licensed

1st shift (United States of America)