Strategic Controls & Risk Manager

Hobbsnews; Plano (TX); On-site; USD 96,000 - 162,000; Full time

Benefits offered by this job

Benefits eligible

Job summary

Bank of America is seeking a seasoned Business Control Manager to lead internal control discipline and operational excellence across a Line of Business or Enterprise Control Function. You will drive adherence to standards, support QA processes, and help prepare for regulatory exams and audits.

The role requires building scalable control capabilities, coordinating with governance teams, and delivering data-driven insights for dashboards and reporting.

Qualifications

• Minimum of 5 years of experience in the Audit, Compliance, or Risk function of a large financial services company with strong track record of success and demonstrated progression in complexity of assignments or equivalent related experience within financial services
• Proven experience supporting Merrill Lynch, Pierce, Fenner & Smith (MLPF) and Private Bank (PB) operations, or equivalent experience in wealth management, private banking, investment advisory, brokerage, or related financial services environments
• Ability to operate effectively in ambiguity, establish strategic direction, and build a function, operating model, and/or team from the ground up
• Demonstrated success leading large-scale control, testing, risk, or operating model transformation initiatives across multiple business groups
• Strategic, logical, and creative thinker with a demonstrated ability to synthesize information to craft meaningful, crisp, tailored, and thematic messaging for the highest levels of management
• Excellent interpersonal and relationship building skills, with a strong ability to collaborate, partner, and influence
• Experience or proven ability to build and modify process design for ongoing process improvement
• Effective project manager who can lead and execute with a positive, energetic attitude
• Strong oral and written communication skills, including the ability to communicate effectively with leadership, Risk, and Audit on a regular basis in a clear and concise manner
• Highly organized and detail oriented

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 and research required for regulatory exams, internal audits, and other monitoring and inspection reviews and evaluates data and information relevant to inspection metrics to support governance activities for dashboard reporting
• Leads the assessment of the design and effectiveness of the risk and control environment to ensure adherence to enterprise-wide standards
• Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
• Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
• Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting

Skills

Controls Management

Oral Communications

Risk Management

Stakeholder Management

Strategy Planning

Continuous Improvement

Data and Trend Analysis

Decision Making

Monitoring & Testing

Quality Assurance

Regulatory Awareness

Leadership

Communication

Analytical Thinking

Job description

Bank of America is seeking a seasoned Business Control Manager to lead internal control discipline and operational excellence across a Line of Business or Enterprise Control Function. You will drive adherence to standards, support QA processes, and help prepare for regulatory exams and audits.

The role requires building scalable control capabilities, coordinating with governance teams, and delivering data-driven insights for dashboards and reporting.