Job Description:
Job Title: Business Control Specialist
Corporate Title: Up to VP
Location: Dublin
Company Overview:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
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Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Location: Dublin
Find us at our Central Park office, Leopardstown, where you will find our state-of-the-art facilities based in Dublin's premium business park. With an onsite gym, staff restaurant and coffee shop, all your daily needs are conveniently catered for. There are also a range of travel options available to staff, including the LUAS network and the Central Park shuttle service between Dublin City Centre and Central Park, which means getting to work has never been so easy.
Role Description:
This job is responsible for driving and executing on internal control discipline and operational excellence within a Line of Business or Enterprise Control Function. Key responsibilities include providing administrative support for LOB or ECF specific processes and tools to drive adherence to enterprise-wide standards. Job expectations include administration of firm owned accounts held at Bank of America as well as at third party agents.
Responsibilities:
- Delivers banking services through firm owned accounts to lines of business to support their functional activities
- Prepare new account documentation to support requirements of internal and external banks
- Work with internal and external Bank Partners, Legal, Tax, Network Management etc.
- Ensures accounts are established in adherence to industry and 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 practices to support business continuity efforts
- Executes initiatives by identifying areas of potential automation, procedural updates, thematic trends to enhance processes
- 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 metrics to support governance activities for dashboard reporting
What we are looking for:
- Banking or Brokerage experience
- Knowledge of Operational Risk
- Excellent Client focus skills - ability to build relations with internal and external clients to provide top tier client service
- Prioritize and work to deadlines and ensure queries resolved in a timely manner
- Analytical mindset
Additional Skills:
- Quality Assurance
- Controls Management
- Problem Solving
- Clear communicator both written and verbal with both internal departments and external clients / counterparties
- Organization Skills - Ability to record/organize information
- Attention to detail
Benefits of working at Bank of America
Ireland
- 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 because of a disability or health reasons
- 20 days of back-up childcare including virtual tutoring and 20 days of adult-care per annum
- 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, specified illness cover etc
- Use of a flex fund to use towards benefits
- Access to free counselling through an Employee Assistance Programme and virtual GP services
- Opportunity to donate to charities of your choice directly through payroll and the bank will match your contribution
- Opportunity to join our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland's most iconic cultural institutions
- Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area
Bank of America
Good conduct and sound judgment are 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 opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependents, 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.