Bank of America Corporate Treasury Quality Assurance and Business Controls - Finance Mgr in Charlotte, North Carolina

Job Description:

The CT Quality Assurance and Business Controls team is part of the Corporate Treasury. The primary focus of our team is to assist Corporate Treasury FLUs in adherence to enterprise processes/controls programs, including compliance with regulations such as Basel compliance (Capital and Liquidity). Our business partners include various groups throughout Corporate Treasury and wider CFO organization, GT&O, Risk and Compliance teams. Key priorities for our team are assisting FLUs in designing and implementing processes and providing affirmative evidence supporting ongoing compliance with enterprise policies and standards, applicable regulatory and reporting requirements, as well as Treasury control framework.

The teammate in this role is responsible for (1) Leading the design and executing and process effectiveness reviews and assessments to ensure ongoing compliance with enterprise policies and standards, regulatory requirements, including Basel rules (Liquidity and Capital), (2) Participating in discussions with process and control owners to assess inherent risks, develop approaches to resolve gaps, and/or address weaknesses or deficiencies when necessary, (3) Identify document, and maintain evidence supporting process and controls objectives, (4) Participate in teams conducting the validation work streams, (5) Engage key business partners to facilitate completion of assigned deliverables and explain results, 6) Run project management tasks and maintain existing documentation and applications, 7) Understand data management concepts and architecture. As part of the responsibilities of the role, the teammate will develop business partner relationships across CT, Regulatory Reporting, Capital Risk, Ops Risk, GT&O, and various Lines of Business across the Corporation.

Throughout the tenure of the role, the teammate should gain exposure and acumen in enterprise process and controls programs and various policies and related standards .

The team is composed of approximately 15 employees located in New York and Charlotte.

Enterprise Role Overview:

Assist in the execution of internal control discipline and operational excellence within a LOB or ECF. Execute LOB/ECF specific processes and tools to drive adherence to enterprise-wide Standards. Support the implementation of QA/QC processes within the LOB/ECF through ongoing monitoring and testing of controls. Identify issues and/or control improvements for remediation, whilst assisting in building out actions plans and milestones. Acts as an ambassador of the risk culture. Develop and direct staff. Incumbents typically have over 8+ years of risk management and LOB/ECF experience.

Required Skills & Experience:

  • Bachelor’s Degree or equivalent experience

  • 7-10 years of large complex banking treasury experience

  • 5-7 years of extensive direct Business Controls experience - operational risk, compliance risk or audit within treasury also beneficial

  • Big 4 experience auditing large complex bank

  • Project management experience

  • Strong governance and oversight experience

  • Excellent communication and presentation skills

  • Experience in a centralized cross-functional role, coordinating across many groups and presenting relevant information/ results to senior leadership team.

Desired Skills & Experience:

  • CPA

  • CFA

  • MBA

  • Public Accounting Experience

  • SAP/eLedger

  • Advanced Excel, Modeling, Data Manipulation

  • FASB/SEC Exposure

  • Financial Statement Analysis Experience

  • Corporate Treasury Experience (Funding, Liquidity, Asset Liability Management, Book Close Process)

  • Regulatory Reporting

  • Compliance, audit or risk experience

  • Strong understanding of Asset Liability Management concepts

  • Complex financial instruments

  • People management experience

This position is can be filled as a Business Control Mgr but is flexible to be filled as a Sr Business Control Specialist.

Posting Date : 01/05/2018

Location :

Charlotte, NC, 201 N TRYON ST (NC1022),

  • United States

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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