Avp - Sr Business Control Specialist

Avp - Sr Business Control Specialist

Bank Of America

Avp - Sr Business Control Specialist

Details of the offer

Job Description:
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
Process Overview
Business Controls Monitoring and Readiness team oversees Risk Management Governance Structure for GBS to ensure strong sustainable risk management practices supporting the GBS’s responsibility for identifying, escalating and debating the risks associated with its business activities. This includes driving the implementation and sustainability of appropriate quality assurance to ensure ongoing compliance with laws, rules and regulations, and BAC internal policies and procedures.
Job Description
As a part of the BCMR Engagement team, the position will work closely with the Functional leaders to assess the soundness of the control environment. The role will include understanding the operational risk within the functions, providing related risk assessment and acting as an advisor to the business on risk issues. The position will be responsible to review and evaluate the effectiveness and efficiency of the systems and processes, reliability of reporting, compliance with policies and procedures, applicable laws and regulations. The position will also be responsible to design and execute plans to strengthen internal controls, enhance quality assurance thereby reducing operational risk.
Business Analytics – Practice of iterative, methodical exploration of the organization’s data with an emphasis on statistical analysis.

Providing business leaders with insights into their area of responsibility by enabling them to analyze, communicate, monitor, and plan through a variety of approaches.
Working with Engagements leaders to understand their information needs and help them develop an approach for their own analysis.
Collaborating with key business leaders (data owners) to establish the technical vision and analyze tradeoffs between usability and performance needs.
Creation and maintenance of critical reports and dashboards to help leaders monitor their portfolio performance, improve efficiency and reduce waste. Interpreting results using a variety of techniques, ranging from simple data aggregation via statistical analysis to complex data mining and visual representation.
Providing administrative support for GBS Risk and Control executive by preparing for key meetings (All Hands, Executive Presentations, Organizational Change, Learning and Headcount reports).
Exp Range: 12 -15 years
Education :Any Graduate (preferred : Bachelor’s degree in Mathematics)
Mandatory Skills:
Sound knowledge of Microsoft Office applications – PowerPoint, Excel and Word and ability to work on these without any support.
Effective verbal and written communication skills with the ability to deliver clear and concise messages ensuring understanding and acknowledgement.
Ability to juggle differing priorities simultaneously.
Good planning and organizational skills
Ability to meet targets and deadlines.
Effective time management.
Ability to respond to the current and future needs of the business.
Presentation Skills.
Organized – able to handle multiple projects and details on a daily basis
Self-motivated trailblazer – proactive, good time management, able to prioritize without being micromanaged
Strong verbal and written communication skills – ability to effectively and efficiently communicate complex information to employees at all levels of the organization.
Ability to handle confrontation well – doesn’t shy away from tough conversations, displays emotional intelligence, and remains approachable
Team player – able to work within a close team with healthy peer-to-peer accountability
Trustworthy & able to maintain confidentiality
Process Timings:11:00 AM till 8:00 PM, 9 hours per day;
Location – Gurugram

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