The Risk Management Senior Officer is responsible for driving the process to identify, risk assess and perform metric-based monitoring of high-risk processes within the firm. The role requires ensuring compliance with the requirements of Operational Risk Policies & Standards such as Enterprise Spreadsheet Policy, Enterprise Model Risk Policy, Quality Assurance Standard and RCSA Standard.
Scope of Responsibilities:
The Finance QA team is responsible for:
Ensuring that a robust proactive quality assurance framework is established for the Finance organization to identify, assess and mitigate risk.
Identifying appropriate metrics and enhancing existing metric reporting to be more predictive in nature and create an objective basis for management conclusions around the health of internal processes.
Ensuring compliance with the requirements of applicable Operational Risk Policies & Standards such as Enterprise Spreadsheet Policy, Enterprise Model Risk Policy, Quality Assurance Standard and Risk Control Self-Assessment (RCSA) Standard. Enhancing the integration of work performed as part of Quality Assurance Standard into RCSA.
Driving consistent view of risks, gaps and necessary mitigation actions resulting from quality assurance activities by partnering with key Finance stakeholders as well as counterparts in Operational Risk, Compliance, Corporate Audit and others.
Engaging with Corporate Operational Risk, CFO Operational Risk, Compliance and others to effectively and proactively influence policies & standards impacting Finance. Developing internal guidance based on enterprise policies and standards to ensure consistent and appropriate application across Finance organization.
Attracting, developing and retaining high performing, highly motivated internal control professionals.
Knowledge, Skills and Key Leadership Characteristics:
4+ years of relevant governance, risk, control, and management experience, specifically in areas of accounting and finance in a large, fast-paced, results-oriented company with a demonstrated history of success.
Experience in performing risk assessments, evaluating, documenting and testing internal control environment, developing and producing meaningful metric reporting.
Effective partnering skills enabling navigation of the complexities associated with aligning stakeholders, building consensus and resolving conflicts; proven ability to influence peers/stakeholders and representatives across multiple groups.
Ability to communicate complex ideas in a clear and concise manner, influencing the opinions and actions of key stakeholders and gaining their trust; experience in effectively interacting with senior management.
Highly developed project-management skills; ability to handle multiple priorities in a fast paced environment.
Strong decision-making qualities; proven ability to lead others, manage and develop team members.
Internal Number: 19007645
About Bank of America
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