Vice President; Sr Business Control Specialist

Posted:
11/5/2024, 4:00:00 PM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy ⋅ Data & Analytics

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!

RESPONSIBILITIES:

  • Provide analytical support in executing internal control discipline and operational excellence within a LOB/ECF.

  • Gather and organize data in order to monitor and test the effectiveness of key controls and status of mitigation and action plans.

  • Prepare documentation for the tracking, monitoring, and escalation of risk related issues to management.

  • Act as an ambassador of the risk culture.

  • Design the application of machine learning and AI tools to data automation projects.

  • Collaborate with colleagues to identify new solutions to data control issues.

  • Provide technical expertise supporting data analytics and automation projects, to support a global business controls team.

  • Liaise with various control functions in Compliance, Technology, Operations, and Human Resources to secure data, analyze current processes, identify potential improvements, develop strategies to implement change, and manage implementation.

  • Analyze, interpret, and report data from core business controls tools, including Alteryx and Tableau, and leverage the data to identify and drive resolution of potential issues related to gaps and discrepancies in data, and create efficiencies using automation.

  • Use shell scripting and Python to contribute to data automation processes.

  • Develop, produce, and distribute senior management reporting related to the program.

  • Remote work may be permitted within a commutable distance from the worksite.

REQUIRED SKILLS & EXPERIENCE:

  • Bachelor’s degree or equivalent in Computer Science, Engineering (any), Data Analytics or related; and

  • 5 years of progressively responsible experience in the job offered or a related quantitative occupation.

  • Must include 5 years of experience in each of the following:

  • Providing technical expertise supporting data analytics and automation projects, to support a global business controls team;

  • Liaising with various control functions in Compliance, Technology, Operations, and Human Resources to secure data, analyze current processes, identify potential improvements, develop strategies to implement change, and manage implementation;

  • Analyzing, interpreting, and reporting data from core business controls tools, including Alteryx and Tableau, and leveraging the data to identify and drive resolution of potential issues related to gaps and discrepancies in data, and create efficiencies using automation;

  • Using shell scripting and Python to contribute to data automation processes; and,

  • Developing, producing, and distributing senior management reporting related to the program.

If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] and reference the job title of the role and requisition number.

EMPLOYER:    BofA Securities, Inc

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - 115 W 42nd St - BANK OF AMERICA TOWER AT ONE BRYANT PARK (NY5362)

Pay and benefits information

Pay range

$170,400.00 - $180,400.00 annualized salary, 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.