Business Control Specialist - Third Party
Company: Disability Solutions
Location: Charlotte
Posted on: October 19, 2024
Job Description:
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. 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.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!Global Payments Solutions Business Control and
Governance team has a centralized Third Party governance team to
ensure policy adherence across Global Payments Solutions.
Responsible for driving and executing compliance with the Global
Third Party management program. This role will support the FLU
Third Party Executive and functions related to Third Party
Governance and Performance Management for the Global Payments
Solutions third party portfolio.The role will work to support
strategic planning, leading and delivering special projects that
extend beyond business-as-usual third party requirements, and
establishing/managing governance routines to enhance the control
environment over the portfolio of third parties. Additional
responsibilities include:
- Develop and maintain GPS Third Party procedures and
playbooks
- Partner with GPS senior leaders, as well as Sourcing, Vendor
Management, GIS, Data and Business Continuity partners to
understand and escalate GPS-owned and -used Third Party risks and
issues
- Prepare materials for and lead GPS Third Party governance
routines, and coordinate escalations to enterprise Third Party risk
routines
- Provide Third Party risk and governance subject matter
expertise to GPS business partners across GPS global footprint
- Support the execution of required Third Party Requirements
routines, Cyber Security escalations, vendor risk assessments
(VLRA), Sourcing requests and Third Party strategy
- Support the design and effectiveness of the risk and control
environment and ensure adherence to enterprise-wide standards
- Perform non-performing Third Party metric root cause analysis
and prepare and manage Go to Green plans
- Review and challenge data transmission registrations (DTRs) and
Third Party risk assessments to ensure accurate and complete
documentation of external data transmissions
- Review and challenge Third Party information security
remediation plans in partnership with GIS
- Support Third Party alignments to Processes in the Single
Process Inventory
- Support Third Party Audit and Regulatory engagements and Audit
Issue remediation activities
- Support and guide GPS business partners in completing
outsourcing materiality assessmentsJob Requirements:
- - 3+ years Business Control experience with Third Party
Management and /or Data Management
- Experience planning and supporting large scale projects
- Ability to drive projects to meet critical milestones and
identify potential roadblocks for the team
- Strong project management skills; attention to detail; ability
to drive projects to conclusion
- Ability to manage multiple tasks and stakeholders at once,
prioritize workflow and deliver results under pressure and time
constraints
- Excellent organizational skills with a keen ability to
prioritize daily tasks with project work as well as ad hoc
requests
- Proven verbal and written communication skills and presentation
skills
- Ability to synthesis information and summarize key themes
- Strong analytical skills
- Ability to work under pressure, calmly within tight deadlines
and escalate appropriately.
- Able to develop and maintain good working relationships
- Self-starter, motivated and reliable; ability to work well and
seamlessly within a team without a continuous high level of
guidance
- Proficiency in using MS Word, Excel, PowerPoint, SharePoint and
WebEx
- Bachelor's Degree or equivalent work experienceAdditional
Requirements:
- Experience in business control function roles, operations or
services preferred
- Strong risk mindset with process and controls background,
actively debate and escalate issues and concerns
- Proven track record in being able to work effectively in a
fast-paced, dynamic, highly matrix and complex environment
- Proven ability to develop Senior Executive presentations and
strong communication skills
- Experience drafting and managing ORCIT Action Plans for
non-performing metrics
- Single Process Inventory knowledge or Process Delegate
experience
- Experience requesting Data Transmission Registrations
(DTRs)
- Audit Issue management experienceFamiliarity with Third Party
information security requirements and/or assessmentsShift:1st shift
(United States of America)Hours Per Week: 40Pay Transparency
detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER
(NY1100)Pay and benefits informationPay range$69,000.00 -
$103,900.00 annualized salary, offers to be determined based on
experience, education and skill set.Discretionary incentive
eligibleThis role is eligible to participate in the annual
discretionary plan. Employees are eligible for an annual
discretionary award based on their overall individual performance
results and behaviors, the performance and contributions of their
line of business and/or group; and the overall success of the
Company.BenefitsThis role is currently benefits eligible. We
provide industry-leading benefits, access to paid time off,
resources and support to our employees so they can make a genuine
impact and contribute to the sustainable growth of our business and
the communities we serve.
Keywords: Disability Solutions, Rock Hill , Business Control Specialist - Third Party, Other , Charlotte, South Carolina
Didn't find what you're looking for? Search again!
Loading more jobs...