Bank Of America Senior Business Control Specialist - GCAOO QC/QA Governance 

United States, New Jersey 

962963962

Job Description:

Description:

Global Credit, Anti-Money Laundering (AML) and Onboarding Operations (GCAOO) delivers credit fulfillment, service and operations of credit offerings, operational accountability for leasing and trade finance solutions; AML monitoring and refresh of client information; Onboarding for global market clients. The GCAOO Quality Control/Quality Assurance (QC/QA) team provides operational support by monitoring the completion of critical customer due diligence requirements as directed by the Bank Secrecy Act (BSA) and/or the Financial Crimes Global Standard with coverage extending to horizontal lines of business.

Role Responsibilities:

• Defines scope, sampling requirements, and minimumrequirements/standardsfor the GCAOO QC/QA program.
• Executes governance routines that measure the adherence to the GCAOO QC/QA program requirements, including sampling adherence, root cause analysis for underperforming processes, corrective action plans, and reporting.
• Analysis of quality results to pinpoint trends, themes, or areas requiring attention.
• Works with senior management and other team members to produce performance results and analysis packages for senior management and communicates performance by facilitating meeting routines.
• Maintains a culture of compliance and supports the identification, escalation and timely mitigation of compliance/quality risks.
• Applies knowledge and expertise to influence business managers and peers to ensure enforcement of the QC/QA program.
• Interfaces with auditors, business and support leaders.

Required Skills and Experience

• 3+ years of experience with risk management, and/or AMLKnow-Your-Client/ClientDue Diligence (KYC/CDD disciplines in a global investment bank
• Highly motivated, proactive and a self-starter; strong sense of ownership & ability to create and execute plans without daily oversight Awareness and understanding of the wider business, market and regulatory environment
• Ability to interact and influence across all levels of the organization
• Excellent verbal, written, and interpersonal communication skills
• Data management experience (data quality, governance, etc.)
• Strong Microsoft Office Suite (Excel, PowerPoint, Visio, etc.) experience
• Highly motivated, proactive and a self-starter; strong sense of ownership & ability to create and execute plans without daily oversight
• Control focused mindset and relative understanding of regulatory and reputational risks by applying adequate business context for appropriate groups like audit, regulators
• Ability to manage multiple projects at once by prioritization and meeting deadlines
• Able to identify and remediate risks in a timely manner
• Critical thinker; ability to analyze problems and identify both tactical and strategic solutions to address

Desired Skills

• Knowledge of AML and/or GBGM businesses preferred
• Ability to assess the effectiveness of arrangements to deliver effective governance, oversight and controls in the business
• Project management, ability to deliver change at program level
• Strong interpersonal and overall communication skills (written and verbal)
• Must be flexible and have experience working in a fast paced environment

1st shift (United States of America)