SR Business Control Specialist - GCAOO QA Application Administrator (IQS)
Company: Disability Solutions
Location: Pennington
Posted on: September 1, 2024
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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!Job Profile SummaryThis 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.
Incumbents typically have over 5+ years of risk management and
LOB/ECF experience.About This TeamGlobal Credit, Anti-Money
Laundering (AML) and Onboarding Operations (GCAOO) delivers credit
fulfillment, service and operations of credit offerings,
operational accountability for leasing and trade finance solutions;
AML monitoring and refresh of client information; Onboarding for
global market clients. The GCAOO Quality Control/Quality Assurance
(QC/QA) team provides operational support by monitoring the
completion of critical customer due diligence requirements as
directed by the Bank Secrecy Act (BSA) and/or the Financial Crimes
Global Standard with coverage extending to horizontal lines of
business. Job DescriptionThe GCAOO QC/QA team is seeking to
strengthen its risk management and infrastructure by focusing on
key AML customer due diligence processes that have high risk and
significant visibility. The incumbent for this position will be
part of the newly created AML QC/QA team that is responsible for
implementing the QC/QA strategy across multiple lines of business
by deploying enhanced control monitoring and reporting to drive
process improvements and oversight.The QC/QA Integrated Quality
Solutions (IQS) Administrator role is responsible for maintaining
the configurable elements for the centralized quality application,
IQS. Executes various routines in support of the GCAOO QC/QC teams
and horizontal lines of business. Maintains a culture of compliance
and supports the identification, escalation and timely mitigation
of compliance risks. Applies knowledge and expertise to influence
business managers and peers to ensure enforcement of the GCAOO
QC/QA program. Interfaces with auditors, business and support
leaders.Role Responsibilities:
Keywords: Disability Solutions, Trenton , SR Business Control Specialist - GCAOO QA Application Administrator (IQS), Other , Pennington, New Jersey
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