GT Risk and Regulatory Portfolio Executive - Business Control Executive

Bank of America; Charlotte (NC); On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Risk and Regulatory Portfolio Executive to lead the design and implementation of internal control strategies. This role requires a strategic thinker with over 10 years of technology experience, preferably in financial services. The successful candidate will drive operational excellence, oversee quality assurance processes, and engage with stakeholders to enhance the risk culture. Join a dynamic team committed to responsible growth and making a positive impact in the communities served. This is a unique opportunity to shape the future of operational risk management in a collaborative environment.

Qualifications

• 10+ years of relevant work experience in technology, ideally in financial services.
• Strong collaboration skills and ability to influence diverse stakeholder groups.

Responsibilities

• Lead strategy design for internal control discipline and operational excellence.
• Ensure execution of Operational Risk Management Framework and quality assurance.

Skills

Controls Management

Oral Communications

Risk Management

Stakeholder Management

Strategy Planning and Development

Continuous Improvement

Drives Engagement

Influence

Strategic Thinking

Talent Development

Data and Trend Analysis

Decision Making

Problem Solving

Quality Assurance

Education

Bachelor Degree or Equivalent Professional Work Experience

Job description

GT Risk and Regulatory Portfolio Executive - Business Control Executive

Charlotte, North Carolina; Atlanta, Georgia; Richmond, Virginia; Plano, Texas; Jacksonville, Florida; Pennington, New Jersey

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Responsibilities:

1. This job is responsible for leading a function dedicated to designing a strategy to drive internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF).
2. Key responsibilities include ensuring capabilities are in place to drive the day-to-day execution of the Operational Risk Management Framework, including the implementation of LOB and ECF specific processes and tools to drive adherence to enterprise-wide standards.
3. Providing oversight and establishing effective quality assurance and control processes.
4. Engages with stakeholders to identify issues and control improvements for remediation and ensures issue resolution.
5. Acts as an ambassador of the risk culture, monitoring and reporting on the Line of Business or Enterprise Control Function's Operational Risk Profile.
6. Oversees the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards.
7. Oversees the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts.
8. Ensures timely execution of QA activities including control execution, case management, and results reporting.
9. Oversees all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews.
10. Define and lead risk mitigating strategies to address key technology areas to ensure conformance with laws, rules and regulations.
11. Partner with multiple technology organizations, divisional leads within GT and Line of Business, and control partners (i.e. GIS, Technology Compliance & Ops Risk, Audit, etc.).
12. Identifies recommendations to leadership to maximize efficient identification, assessment, and remediation of risk.
13. Utilize technical domain expertise in data management, artificial intelligence and/or information security to drive policy adherence and maintain sustainable risk-based solutions.
14. Oversee Issue Management activities end-to-end, including development of action plans for self/audit/compliance-identified issues.

Required Qualifications:

1. 10+ years of relevant work experience in technology with some applied within financial services or risk.
2. Ability to communicate complex technical subject matter in a clear, concise way for various audiences across a wide spectrum.
3. Demonstrated increasing levels of accountability and ownership over their career.
4. Demonstrated ability to operate as a change agent and drive change across diverse stakeholder groups.
5. Must have an Operational Excellence mindset - will often be asked to solve complex Risk issues but solve them in a way that doesn’t create complex processes.
6. Strong collaboration and partnering skills with ability to positively influence and motivate teams.
7. Comfortable with ambiguous situations capable of analyzing, simplifying, and collaborating to solve complex problems.
8. Strategic thinker, self-starter, organized, versatile, and capable of performing work with minimal management oversight.
9. Ability to coordinate and drive execution of priorities and meet deadlines to adhere with policies and standards.
10. Can quickly “connect the dots” to demonstrate ability to identify and perform thematic analysis.

Desired Qualifications:

Experience in a similar role within Global Technologies organization.

Skills:

1. Controls Management
2. Oral Communications
3. Risk Management
4. Stakeholder Management
5. Strategy Planning and Development
6. Continuous Improvement
7. Drives Engagement
8. Influence
9. Strategic Thinking
10. Talent Development
11. Data and Trend Analysis
12. Decision Making
13. Problem Solving
14. Quality Assurance

Minimum Education Requirements:

Bachelor Degree or Equivalent Professional Work Experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

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.