Bank Of America Corporation Belfast , ME 04915
Supports execution of risk mitigation and control discipline and operational excellence within Client Underwriting and Protection Business Controls. Assists the Home Loans Policy team with facilitating discussions with key partners from Corporate Audit, Credit Review, Credit Risk, Legal, and Operational Risk when the need for a formal issue and action plans is identified. Gathers and organize data required as evidence for the management of issues to demonstrate effectiveness of key controls and status of mitigation and action plans. Prepares documentation for the tracking, monitoring, and escalation of risk related issues to management. Maintains project plans to meet key critical deadlines as required by the Issue Management Enterprise Standard. Acts as an ambassador of the risk culture.
Manages open issues to ensure timely execution and resolution. Assists with building action plans and manage progress to milestones for identified audit issues for the font line unit.
Works with Audit, business SMEs, project teams, LRC partners and others as needed to complete and validate issue resolution for front line unit
Maintains accurate and detailed project plans for each issue and provide updates to key stakeholders and executives on a consistent basis
Assists with Business Control reporting and testing (issue updates and control activity reporting) as needed
Supports front line unit High Risk Processes other Operational Excellence activities
2+ years of experience in a business control, risk management and/or issue management
Home Loan Underwriting experience
Experience with influencing across the organization, across \Executives and key Legal, Risk, and Compliance partners
Strong Communication - written and oral
Strong presentation skills - written and oral
5+ years of risk management experience
Previous underwriting experience with a basic understanding of client management and credit processes
Operational or Compliance Risk experience implementing and assessing controls.
Prior Quality Assurance / Quality Control Experience
Enterprise Role Description:
Provide analytical support in executing internal control discipline and operational excellence within a LOB/ECF. Gather and organize data in order to monitor and test the effectiveness of key controls and status of mitigation and action plans. Prepare documentation for the tracking, monitoring, and escalation of risk related issues to management. Acts as an ambassador of the risk culture. Incumbents typically have over 5+ years of risk management and/or LOB/ECF experience. May manage staff.
Posting Date: 09/21/2018
Location: Phoenix, AZ, CAMELBACK BLDG, 1825 E BUCKEYE RD, Wilmington, DE, BRACEBRIDGE I, 1100 N King St, Newark, DE, Christiana II, 1000 Samoset Dr, Belfast, ME, BELFAST VIII, 21 SCHOODIC DR, Charlotte, NC, ONE BANK OF AMERICA CENTER, 150 N COLLEGE ST, Pepper Pike, OH, PEPPER PIKE PLACE, 30195 CHAGRIN BLVD, Plano, TX, 6400 LEGACY DR (TX2972), - United States
Travel: Yes, 5% of the time
Full / Part-time: Full time
Hours Per Week: 40
Shift: 1st shift