Senior Business Controls Specialist

Reposted 2 Days Ago
Be an Early Applicant
8 Locations
In-Office
Senior level
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Role
Oversee business controls and operational risk processes for servicing and fulfillment operations. Manage issues, audits, exams, quality assurance testing, complaints analysis, regulatory adherence, evidence collection, process walkthroughs, and control documentation. Facilitate stakeholder and executive meetings, create artifact narratives, monitor metrics, support process design, and ensure deadlines and compliance requirements are met.
Summary Generated by Built In

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!


Job Description:
​Specialized Servicing and Fulfillment Operations (SSFO) is a dynamic organization committed to delivering best-in-class care for clients and internal partners. We specialize in situations that require a compassionate touch, high attention to detail, management of high risks, adjustments for unique product or situation combinations and education of internal partners.  We respond rationally, but rapidly to an ever-evolving set of products, compliance requirements, and client needs.  SSFO practices process excellence in every facet of our operation and is committed to creating a work environment that drives positive employee engagement and growth.


The SSFO Business Controls team is responsible for the establishment & oversight of effective controls within SSFO processes and adherence to regulatory & investor guidelines for all aspects of the SSFO organization. The team oversees the execution of effective risk and operational management processes including process management, issues management, risk operations, audit & exam management, quality assurance testing, complaints analysis and metric oversight. The SSFO Business Controls team is seeking a Senior Business Control Specialist.


Experience | Qualifications | Knowledge


Required:

  • 3+ years of Business Controls and/or Global Compliance and Operational Risk experience
  • Must have moderate to advanced proficiency with: Excel, PowerPoint, Word, and Outlook
  • Analytical mindset with the ability to manage competing priorities
  • Organized - strong attention to detail with ability to manage multiple priorities with lifespans of anywhere from an hour to a year depending on the deliverable
  • Communication – exceptional verbal and written skills and an ability to summarize complex subjects into simple statements
  • The role requires you to comfortably and confidently communicate with various stakeholders and executives
  • Strong relationship building skills to communicate with internal team and executive level management
  • Motivated - have an aptitude to learn quickly under pressure and be self-motivated
  • Facilitator - ability to plan, facilitate, and lead meetings, as well as prepare materials

Desired:

  • Knowledge and experience in Global Operations, with an emphasis in operations or customer service
  • Regulatory/Policy standard adherence experience
  • Effective listening, comprehension and negotiation skills
  • Working knowledge of general bank policies and standards
  • Developing new ideas and new approaches to old ideas

Skills:

  • Workgroup facilitation
  • Artifact creation
  • Artifact approval gathering
  • Evidence collection
  • Creation of artifact narratives to explain the content and tie to original request for information
  • Facilitation of workgroup meetings including process walk throughs and demonstrations
  • Process Design
  • Issue Management
  • Understanding of Operational Controls
  • Managing to Deadlines
  • Verbal Presentation Skills
  • Risk Management
  • Analytical Thinking
  • Attention to Detail
  • Critical Thinking
  • Problem Solving
  • Written Communications
  • Decision Making
  • Innovative Thinking
  • Prioritization
  • Recording/Organizing Information
  • Research

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent



Shift:

1st shift (United States of America)

Hours Per Week: 

40

Skills Required

  • 3+ years of Business Controls and/or Global Compliance and Operational Risk experience
  • Moderate to advanced proficiency with Excel, PowerPoint, Word, and Outlook
  • Analytical mindset and ability to manage competing priorities
  • Strong organization and attention to detail
  • Exceptional verbal and written communication skills
  • Ability to communicate with stakeholders and executives
  • Strong relationship-building skills
  • Ability to learn quickly and work under pressure
  • Ability to plan, facilitate, and lead meetings and prepare materials
  • High School Diploma, GED, secondary school diploma, or equivalent
  • Knowledge and experience in Global Operations, particularly operations or customer service
  • Regulatory or policy standard adherence experience
  • Effective listening, comprehension, and negotiation skills
  • Working knowledge of general bank policies and standards
  • Ability to develop new ideas and approaches

Bank of America Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.

  • Healthcare Strength — Health coverage is described as comprehensive, including medical, dental, and vision plans along with mental health resources, EAP support, and virtual care options. These offerings indicate breadth across preventive care, counseling, and convenient access channels.
  • Retirement Support — Retirement benefits include up to a 5% 401(k) company match plus an additional 2% or 3% annual company contribution based on years of service. This structure signals meaningful long-term savings support beyond standard matching.
  • Parental & Family Support — Family support features 26 weeks of parental leave, with 16 weeks fully paid for eligible employees, plus programs for fertility, adoption, surrogacy, childcare, and backup care. These resources emphasize support across family-building and caregiving needs.

Bank of America Insights

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The Company
HQ: Charlotte, NC
208,000 Employees
Year Founded: 1784

What We Do

We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

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