Bank of America

Senior Business Control Specialist

Bank of America

Glendale, CA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you an experienced and highly skilled financial professional looking for a new challenge? Bank of America is seeking a Senior Business Control Specialist to join our dynamic team. In this role, you will play a critical role in ensuring the integrity and effectiveness of our business controls and risk management processes. We are looking for a detail-oriented and analytical individual with a strong understanding of banking regulations and compliance. If you are passionate about maintaining a strong control environment and have a proven track record of success in a similar role, we encourage you to apply today.

  1. Develop and implement business control strategies and processes to ensure the integrity and effectiveness of Bank of America's business controls and risk management practices.
  2. Conduct thorough reviews and assessments of existing controls and risk management processes to identify areas for improvement and implement necessary changes.
  3. Stay updated on banking regulations and compliance requirements and ensure that all business controls are in line with these standards.
  4. Collaborate with various teams and departments within the organization to establish and maintain a strong control environment.
  5. Monitor and analyze data and reports to identify potential control gaps or issues and take necessary corrective actions.
  6. Communicate and train employees on the importance of maintaining a strong control environment and provide guidance on best practices.
  7. Develop and maintain relationships with external auditors and regulatory agencies to ensure compliance with all relevant laws and regulations.
  8. Lead and participate in internal and external audits, providing necessary documentation and support as needed.
  9. Prepare and present reports to senior management on the status of business controls and risk management processes, highlighting any areas of concern or improvement.
  10. Mentor and guide other team members, providing support and expertise in carrying out their responsibilities related to business controls and risk management.
Where is this job?
This job is located at Glendale, CA, USA
Job Qualifications
  • Minimum Of 5 Years Of Experience In Financial Control Or Risk Management.

  • Excellent Analytical And Problem-Solving Skills.

  • Strong Understanding Of Banking Regulations And Compliance Requirements.

  • Bachelor's Or Master's Degree In Finance, Accounting, Or A Related Field.

  • Ability To Communicate Effectively With Senior Management And Cross-Functional Teams.

Required Skills
  • Risk Management

  • Financial Analysis

  • Process Improvement

  • Project Management

  • Data Analysis

  • Communication

  • Leadership

  • Internal controls

  • Regulatory compliance

  • Problem-Solving

  • Decision-Making

  • Audit Coordination

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Business Control Specialist in Glendale, CA, USA is $90,000 - $120,000 per year. This can vary depending on factors such as the specific company, industry, and level of experience. Some companies may also offer additional benefits and bonuses.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 10th, 2024
Apply BeforeJune 9th, 2026
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About Bank of America

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.

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