08 Oct
|
Bank Of America
|
Mumbai
08 Oct
Bank Of America
Mumbai
Assistant Vice President/ Vice President, Senior Business Controls Specialist Chennai, India;A Wing Bandra Kurla Complex, Mumbai **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-apac/job/Chennai/Assistant-Vice-President--Vice-President--Senior-Business-Controls-Specialist_26034630) **Bank of America employees are required to meet all** **posting eligibility requirements** **prior to applying for any new position.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-apac/job/Chennai/Assistant-Vice-President--Vice-President--Senior-Business-Controls-Specialist_26034630) Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-apac/job/Chennai/Assistant-Vice-President--Vice-President--Senior-Business-Controls-Specialist_26034630) **Bank of America employees are required to meet all** **posting eligibility requirements** **prior to applying for any new position.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-apac/job/Chennai/Assistant-Vice-President--Vice-President--Senior-Business-Controls-Specialist_26034630) **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 advantages. 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:** 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.
**Responsibilities:** + Be proactive in risk identification and mitigation through activity monitoring processes + Provide solutions to help with implementation of process improvements or remediation plans to drive efficiencies and demonstrate sustainability + Coordinate and partner across other support teams and stakeholders to ensure end-to-end process engagement and timely resolution of issues + Perform root cause analysis of operational events and challenge control weaknesses and breakdowns to properly assess risk disposition + Perform trend analysis and horizontal impact assessments to determine themes and identify emerging risks + Support LOB through routine exams with regulators and internal audit + Support Audit, Exam and/or Testing processes, ensure proper governance and protocol is followed; assist with preliminary research and response tracking + Implement process control improvements and leverage Enterprise Risk Framework to effectively manage LOB risk + Demonstrate strong collaboration, influencing, and relationship management skills to bridge key stakeholders across Audit, Risk, GCOR and LOB SME **Skills:** + Working knowledge of Risk, Quality Control/Assurance Framework + Excellent written and verbal communication skills - ability to tailor messaging to senior management + Able to understand, analyze, and explain complex workflows + Self-Starter who can work independently with little guidance or direction + Ability to meet tight deadlines while working in a flexible environment + Attention to laws, rules & regulations and working knowledge of regional regulations + High technical expertise in MS Office platforms + Project Management skills and ability to manage various project timelines with multiple competing priorities + Strong verbal and written communication skills as well as interpersonal skills + Ability to read and synthesize complex matters, anticipate risks, and summarize key information + Critical thinking skills to assess data, artifacts and new or unfamiliar business concepts to draw conclusions that are not readily apparent + Strong research and analytical skills and attention to detail but in context with broader business landscape + Ability to prioritize effectively, a self-starter, organized, capable of performing work independently with minimal direction. + Ability to interact with people in all levels of the organization and ability to organize data for executive level reporting + Understanding of AI and also have appreciation of the mitigants of the process risk, vulnerabilities and leakages that potentially can be caused by automated systems + Fluency in English + Strong presentation skills and the ability to present key messages, effective recommendations, and information in a clear, concise, insightful and influential way Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws.
The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. View your "Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) " poster. View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. 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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to perks offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason. Investment products offered through MLPF&S; and insurance and annuity products offered through MLLA: **Are Not FDIC Insured** **Are Not Bank Guaranteed** **May Lose Value** **Are Not Deposits** **Are Not Insured by Any Federal Government Agency** **Are not a condition to Any Banking Service or Activity** Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S;" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S; is a registered broker-dealer, registered investment adviser, **Member SIPC** and a wholly owned subsidiary of BofA Corp. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation. Trust, fiduciary and investment management services are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation ("BofA Corp."). Bank of America Private Bank is a division of Bank of America, N.A. Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. © 2026 Bank of America Corporation. All rights reserved.
📌 Assistant Vice President/ Vice President, Senior Business Controls Specialist (Mumbai)
🏢 Bank Of America
📍 Mumbai