Senior Business Control Specialist

Are you a highly experienced and detail-oriented finance professional looking for a challenging and rewarding career opportunity? Look no further! Bank of America is seeking a Senior Business Control Specialist to join our dynamic team. As a leader in the financial industry, we are dedicated to providing our clients with exceptional service and unparalleled expertise. In this role, you will play a crucial role in ensuring our organization maintains its high standards of risk management and compliance. If you have a strong understanding of financial regulations and a passion for mitigating potential risks, we want to hear from you. Join us and take your career to the next level.

1. Develop and implement risk management strategies and processes to ensure compliance with regulatory requirements and company policies.
2. Conduct regular audits and assessments to identify potential risks and recommend solutions to mitigate them.
3. Monitor and track internal control procedures to ensure they are being followed effectively.
4. Collaborate with cross-functional teams to identify areas for improvement in risk management and compliance.
5. Stay up-to-date on industry regulations and changes in financial laws to ensure the organization remains compliant.
6. Train and educate team members on risk management and compliance policies and procedures.
7. Prepare and present reports to senior management on the status of risk management and compliance efforts.
8. Conduct investigations and root cause analysis to identify the source of any compliance issues and develop corrective action plans.
9. Develop and maintain relationships with external auditors and regulatory agencies.
10. Participate in the development and implementation of new policies and procedures related to risk management and compliance.
11. Provide guidance and support to other team members on risk management and compliance matters.
12. Monitor and analyze data to identify potential risks and develop risk mitigation strategies.
13. Collaborate with other departments to ensure adherence to risk management and compliance standards.
14. Maintain accurate and detailed records of risk management and compliance activities.
15. Identify and implement process improvements to enhance the overall effectiveness of risk management and compliance efforts.

According to JobzMall, the average salary range for a Senior Business Control Specialist in Las Vegas, NV, USA is $76,000 - $110,000 per year. This can vary depending on the specific company, experience level, and other factors.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.