GT Risk & Reg Management – CBWT Technical Risk Officer
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 a diverse and 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.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
In this role, candidates will lead the management of risk for up to two Technology Executives by partnering with the leadership and their teams to apply subject matter expertise to support a culture of risk identification, escalation and timely mitigation of compliance and operational risks. Candidates will be responsible to solve problems analytically by applying a mixture of risk and technology expertise to perform impact assessments, identify root causes in support of the technology control activities, and drive risk reduction in the respective technology teams.
Person will be responsible to monitor the health of audit issues through their lifecycle, including action plan development and validation through approval reviews. The role requires strong communication and leadership skills, candidates are required to drive collaboration with teammates across organizations (Technology, Operations, Audit, GIS etc.) and with the management team to identify opportunities to improve control and reduce risk.
The role is aligned to critical Risk and Regulatory work with senior internal and external constituents and stakeholders.
Job Responsibilities:
- Oversees the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
- Supports the monitoring and testing of controls by evaluating data to identify issues and control improvements for remediation
- Implements optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
- Conducts and coordinates quality inspection reviews to enhance employee performance and control effectiveness
- Performs QA activities including executing on controls, managing cases, and reporting results
- Executes initiatives by identifying areas of potential testing automation, procedural updates, thematic trends, test script updates, and coaching opportunities to enhance QA program success
- Supports the overall management of and research required for regulatory exams, internal audits, and other monitoring and inspection reviews and evaluates data and information relevant to inspection metrics to support governance activities for dashboard reporting
Required Qualifications:
- 5+ years of experience in technology with some applied within financial services or risk
- 3+ years of experience with domain expertise in a technical discipline, such as data management, artificial intelligence and/or information security
- Organizational acumen
- ·Communicates complex technical subject matter into clear, concise language suited for various audiences ranging from executives to junior analysts
- Demonstrated increasing levels of accountability and ownership
- Demonstrated ability to operate as a change ambassador by advocating and embracing change across diverse stakeholders groups
- Strong collaboration and partnering skills with ability to positively influence and motivate teams
- Comfortable with ambiguous situations capable of analyzing, simplifying and collaborating to solve complex problems
- Strategic thinker, self-starter, organized, versatile, and capable of performing work with minimal management oversight
- Ability to coordinate and drive execution of priorities and meet deadlines to adhere with policies and standards
Desired Qualifications:
- Recording/Organizing Information
- Research
Skills:
- Analytical Thinking
- Attention to Detail
- Critical Thinking
- Problem Solving
- Written Communications
- Decision Making
- Innovative Thinking
- Prioritization
- Recording/Organizing Information
- Research
Shift:
1st shift (United States of America)Hours Per Week:
40Average salary estimate
If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.
At Bank of America, we’re on a mission to enhance financial lives through connection and collaboration. As a GT Risk & Reg Management – CBWT Technical Risk Officer, you'll take center stage in ensuring that operational and compliance risks are managed effectively within our technology teams. This means partnering with up to two Technology Executives to create a robust culture of risk identification and timely mitigation. Your expertise will be invaluable in performing impact assessments that identify root causes of issues under our technology control activities. In this role, you will be monitoring audit issues, guiding action plans, and validating outcomes, making sure we always adhere to enterprise-wide standards. You will also be responsible for enhancing our Quality Assurance practices to bolster business continuity efforts. What sets this role apart is the collaboration you’ll foster across departments like Technology, Operations, and Audit, ensuring we drive improvements in both risk control and overall performance. With 5+ years in technology, ideally within financial services or risk, you’ll leverage your strong communication abilities to translate complex technical insights into actionable strategies that resonate with stakeholders at all levels. If you thrive in dynamic environments and relish the challenge of problem-solving through analytical thinking, we’d love to have you join our dedicated team in Pennington, New Jersey. Bring your strategic mindset and passion for risk management to Bank of America, where every day, we strive to make an impact—not just for ourselves but for our communities as well.
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