GT Risk and Regulatory Portfolio Executive - Business Control Executive

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

Job summary

An established industry player is seeking a GT Risk and Regulatory Portfolio Executive to lead risk management and operational excellence initiatives. This senior role involves designing strategies to enhance internal controls, collaborating with technology teams, and ensuring compliance with regulatory standards. The ideal candidate will have over 10 years of experience, strong communication skills, and a proven ability to drive change. Join a diverse and inclusive workplace that values your contributions and offers opportunities for growth and impact.

Qualifications

• 10+ years of relevant experience in technology, preferably in financial services.
• Strong communication and stakeholder management skills are essential.

Responsibilities

• Lead strategies to enhance internal control and operational excellence.
• Collaborate with stakeholders to identify and mitigate risks.

Skills

Controls Management

Oral Communications

Risk Management

Stakeholder Management

Strategy Planning and Development

Continuous Improvement

Engagement and Influence

Strategic Thinking

Talent Development

Data and Trend Analysis

Decision Making and Problem Solving

Quality Assurance

Education

Bachelor Degree

Job description

GT Risk and Regulatory Portfolio Executive - Business Control Executive

Join to apply for the GT Risk and Regulatory Portfolio Executive - Business Control Executive role at Bank of America

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!

Role Overview

This role is responsible for leading a function dedicated to designing strategies to enhance internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key duties include ensuring capabilities are in place for the effective execution of the Operational Risk Management Framework, implementing LOB and ECF-specific processes and tools to ensure adherence to enterprise standards, and establishing quality assurance and control processes.

LOB Specific Responsibilities

The GT Risk & Regulatory Portfolio Management Executive will focus on applying risk management, regulatory engagement, and governance expertise to foster a culture of risk identification, escalation, and mitigation. This senior position involves communicating risk strategies, collaborating with technology teams, control partners, domain experts, and risk officers to proactively identify and address risks, and working with internal and external regulatory bodies. The role requires balancing risk reduction with operational excellence and reporting progress to leadership.

Key Responsibilities

• Engage with stakeholders to identify issues and control improvements for remediation
• Monitor and report on the operational risk profile of the Line of Business or Control Function
• Assess and oversee the effectiveness of risk and control environments
• Implement controls and quality assurance practices to support business continuity
• Manage responses for regulatory exams and audits
• Define and lead risk mitigation strategies, particularly in technology areas, ensuring compliance with laws and regulations
• Collaborate with various technology and control teams
• Recommend improvements to leadership for risk assessment and remediation
• Utilize expertise in data management, AI, and information security to ensure policy adherence and sustainable risk solutions
• Oversee issue management activities, including action plan development

Minimum Qualifications

• 10+ years of relevant experience in technology, with some within financial services or risk
• Strong communication skills for technical and non-technical audiences
• Proven ability to drive change and operate as a change agent
• Operational excellence mindset and problem-solving skills
• Strong collaboration, influencing, and stakeholder management skills
• Ability to analyze complex situations and simplify solutions
• Self-starter with organizational skills and minimal oversight
• Ability to prioritize and meet deadlines efficiently

Preferred Qualifications

• Experience in a similar role within a Global Technologies organization

Skills

• Controls Management
• Oral Communications
• Risk Management
• Stakeholder Management
• Strategy Planning and Development
• Continuous Improvement
• Engagement and Influence
• Strategic Thinking
• Talent Development
• Data and Trend Analysis
• Decision Making and Problem Solving
• Quality Assurance

Minimum Education: Bachelor Degree or equivalent professional experience

Shift: 1st shift (United States)

Hours per week: 40