GT Risk and Regulatory Portfolio Executive - Business Control Executive

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

Job summary

An established industry player is seeking a seasoned Risk and Regulatory Portfolio Executive to lead operational excellence and internal control strategies. This role involves overseeing risk management frameworks, ensuring adherence to standards, and engaging with stakeholders to drive improvements. The ideal candidate will have over a decade of experience in technology, particularly within financial services, and possess strong communication and strategic thinking skills. Join a collaborative environment where you can make a significant impact on the organization's risk culture and operational integrity.

Qualifications

• 10+ years of relevant work experience in technology, preferably in financial services.
• Ability to communicate complex technical subjects clearly across diverse audiences.

Responsibilities

• Lead the design of strategies for internal control discipline and operational excellence.
• Oversee quality assurance processes and engage with stakeholders for issue resolution.

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 driving change across diverse stakeholder groups.
5. Must have an Operational Excellence mindset.
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 to policies and standards.

Desired Qualifications:

1. 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