Application Control Specialist
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This role is responsible for completing and tracking compliance deliverables to ensure applications adhere to applicable policies and standards as well as local laws, rules and regulations (LRR). Key responsibilities include completing administrative and non-technical tasks related to compliance deliverables and infrastructure requests for the applications they support. They support vendors, development teams and technology managers to ensure technical security, risk, and other compliance activities are completed on-time and per requirements. These individuals partner closely with control functions, risk management and Global Information Security (GIS) and are familiar with the applicable policies, standards, LRRs, contacts and procedures so that the compliance deliverables are completed effectively and efficiently.
Key Responsibilities:
- Ensure that risk, security, and other compliance deliverables are completed on time and per requirements for the applications they support.
- Complete administrative and non-technical tasks related to compliance deliverables (for example: access reviews, assessments, questionnaires, procedural requirements, etc.).
- Assist with audit exams and risk assessments for the applications.
- Track and support the technical security and risk activities performed by the development teams (for example: remediation of non-permitted technology or security vulnerabilities, technical recovery planning, disaster recovery exercises, etc.).
- Maintain data about the application in AppHQ and other systems of record.
- Work closely with vendors for vendor applications to ensure the application meets bank requirements.
- Assist with ad hoc inquiries and questions about the application.
- Interface with technology infrastructure teams for infrastructure requirements like requests for additional storage.
Required Qualifications
- 2+ years of experience working in regulated environment.
- Basic understanding of technology, Intellectually curious and eager to learn.
- Exceptional communication and interpersonal skills, with the ability to understand complex technical concepts.
- Strong analytical and problem-solving skills to make informed decisions, prioritize effectively.
- Detail-oriented mindset, time management and strategic planning to successfully meet aggressive deadlines.
- The ability to handle stressful situations.
Skills:
- Collaboration
- Risk Management
- Analytical Thinking
- Data Management
- Solution Delivery Process
- Agile Practices
- Automation
- Result Orientation
- Solution Design
- Test Engineering
- Application Development
- Architecture
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)
Pay and benefits information
Pay range
$90,500.00 - $145,100.00 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.
Want more jobs like this?
Get jobs in Chicago, IL delivered to your inbox every week.

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.
Perks and Benefits
Health and Wellness
- FSA
- HSA
- On-Site Gym
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
Work Flexibility
Office Life and Perks
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Sabbatical
Financial and Retirement
- Performance Bonus
- Company Equity
- 401(K) With Company Matching
Professional Development
- Promote From Within
- Mentor Program
- Access to Online Courses
- Lunch and Learns
- Tuition Reimbursement
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program