Senior Business Controls & Risk Manager

Bank of America; Pennington (NJ); On-site; USD 96,000 - 162,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Industry-leading benefits

Job summary

Bank of America is seeking a seasoned Business Control Manager to lead the design and oversight of risk and control environments within a Line of Business or enterprise function. You will coordinate with Governance for Enforcement Action Remediation and other stakeholders to strengthen controls, monitor, and drive sustainable performance.

The role emphasizes testing, regulatory exam support, and continuous improvement across control processes, with strong emphasis on data analysis and clear

Qualifications

• 5+ years in Audit, Compliance, or Risk in a large financial services company with a strong track record of success.
• Experience supporting Merrill Lynch, Pierce, Fenner & Smith (MLPF) and Private Bank operations, or equivalent wealth management environments.
• Ability to operate effectively in ambiguity, establish strategic direction, and build a function from the ground up.
• Demonstrated success leading large-scale control, testing, risk, or operating model transformations across multiple business groups.
• Strong communication with leadership, Risk, and Audit on a regular basis in a clear and concise manner.

Responsibilities

• Oversees the design and effectiveness of the risk and control environment and ensure adherence to enterprise-wide standards
• Supports the monitoring and testing of controls by evaluating data to identify issues and control improvements for remediation
• Executes initiatives by identifying areas of potential testing automation, procedural updates, thematic trends, test script updates, and coaching opportunities
• Supports the overall management of regulatory exams, internal audits, and other monitoring and inspection reviews and evaluates data and information for dashboard reporting
• Leads the assessment of the design and effectiveness of the risk and control environment to ensure adherence to standards
• Leads the implementation of optimized controls and enhanced QA practices to support business continuity
• Manages and reviews all front line unit responses for regulatory exams and audits
• Ensures data accuracy and relevant information is captured for inspection metrics to support governance for dashboards

Skills

Controls Management

Oral Communications

Risk Management

Stakeholder Management

Strategy Planning

Continuous Improvement

Drives Engagement

Influence

Strategic Thinking

Talent Development

Data and Trend Analysis

Decision Making

Monitoring and Testing

Problem Solving

Quality Assurance

Job description

Bank of America is seeking a seasoned Business Control Manager to lead the design and oversight of risk and control environments within a Line of Business or enterprise function. You will coordinate with Governance for Enforcement Action Remediation and other stakeholders to strengthen controls, monitor, and drive sustainable performance.

The role emphasizes testing, regulatory exam support, and continuous improvement across control processes, with strong emphasis on data analysis and clear