Senior Business Control Specialist

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Location Overview:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

The Team:

The GTMO Business Control group is a team of 13 employees split across both our Bromley and Chester locations. The team work together to drive risk awareness, adherence and transparency across the broader GTMO group in region and partner with our global Business Control team mates to drive consistency in risk management.

Role Description:

This job is responsible for driving and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include providing analytical and administrative support for LOB or ECF specific processes and tools to drive adherence to enterprise-wide standards. Job expectations include monitoring and testing controls and implementing quality assurance and quality control processes within the LOB or ECF by evaluating data to help identify, track, and report issues and control improvements for remediation.

We are seeking a highly motivated EMEA GTMO Business Control Specialist to join our Chester based Global Operations organization. This role will give you the opportunity to exercise your understanding and management of risk in line with the Banks risk framework, standards & policies. The successful person will be comfortable in investigating the status quo and driving practices that identify gaps within the operations that create exposure to risk. They will partner with the global business control team as well as with the regional senior leadership team to ensure consistency of execution across Global Banking Operations for all risk activities.

Responsibilities:

• Management of all audit issues (SII, AII) and targeted risk assessments

• Coordination of activities/responses for Corporate Audits & GCOR assessments

• Management and governance for operational loss events

• Delivery of the regional Business Control Forum

• Execution and governance of the Single Process Inventory

• Governance of system access controls

• Governance of adherence to Laws, Rules & Regulations

What we are looking for:

• Someone who understanding of the Banks Risk Framework and management

• You will have the ability to bring multiple stakeholders together, directly address issues to reach consensus and decisions

• Proven ability to lead and consult both vertically and horizontally with senior management and key partners

• Superior organizational skills, attention to detail and act with a sense of urgency

• Self-starter able to work independently and prioritise effectively with minimal oversight and guidance

Skills that will help:

• Knowledge of banking operations and its associated functions and products

Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.