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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
This job is responsible for executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include providing analytical and administrative support for LOB or ECF specific processes and tools to drive adherence to enterprise-wide standards. Job expectations include supporting the implementation of quality assurance and quality control processes within the LOB or ECF by gathering and organizing data to help identify, track, and report issues and control improvements for remediation.

Responsibilities:

•    Assesses the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
•    Provides administrative support for the monitoring and testing of controls by gathering and organizing data to identify issues and control improvements for remediation
•    Complies with controls and Quality Assurance (QA) practices to support business continuity efforts
•    Conducts and coordinates quality inspection reviews to enhance employee performance and control effectiveness
•    Performs QA activities including executing on controls, managing cases, and reporting results
•    Supports initiatives by identifying potential procedural updates, test script updates, and data discrepancies to enhance QA program success
•    Supports operational research required for regulatory exams, internal audits, and other monitoring and inspection reviews and captures data and information relevant to inspection metrics to support governance activities for dashboard reporting
•    Support Transaction Testing of Global Banking data requested by Regulatory entities and internal Control Partners (Audit, GCOR & Global Liquidity Management)
•    Perform review of critical elements as part of the ECATS 14Q CORP/CRE Internal Data Testing program

Skills:
•    Controls Management
•    Issue Management
•    Monitoring, Surveillance, and Testing
•    Quality Assurance
•    Risk Management
•    Analytical Thinking
•    Attention to Detail
•    Critical Thinking
•    Problem Solving
•    Written Communications
•    Decision Making
•    Innovative Thinking
•    Prioritization
•    Recording/Organizing Information
•    Research

Required Qualifications:
•    Enterprise Credit experience, including underwriting experience and/or familiarity with Enterprise Credit policies and procedures 
•    Familiarity with Enterprise Credit systems (e.g. GUS, LIQ, CreditCenter, EDR and/or SQUIRREL)
•    Highly organized; able to effectively prioritize and balance multiple projects/testing efforts in a fast-paced, regulatory driven environment
•    Strong interpersonal skills with proven ability to influence and partner with teammates across functional and organizational boundaries
•    Strong Microsoft Office Suite (Excel, PowerPoint, Visio, etc.) experience and general understanding of data relationships
•    Ability to navigate the enterprise to research and source information across the bank

Desired Qualifications:
•    Prior experience with 14Q and Shared National Credit regulatory reporting requirements

 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100), US - WA - Seattle - 401 Union St - Rainier Square (WA1510)

Pay and benefits information

Pay range

$27.27 - $38.30 hourly pay, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.