CFO – Senior Business Control Specialist, Financial and Regulatory Reporting Controls Oversight
Bank of America
full-time
Posted on:
Location Type: Office
Location: Riverside • Rhode Island • United States
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Salary
💰 $68,200 - $110,000 per year
Job Level
About the role
- Oversees the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to 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 (QA) practices to support business continuity efforts
- Conducts and coordinates quality inspection reviews to enhance employee performance and control effectiveness
- Performs QA activities including executing on controls, managing cases, and reporting results
- Executes initiatives by identifying areas of potential testing automation, procedural updates, thematic trends, test script updates, and coaching opportunities to enhance QA program success
- 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 inspection metrics to support governance activities for dashboard reporting
- Establish and execute robust internal control frameworks that support external reporting across SOX and FR Y-14, and other in-scope mandates as needed
Requirements
- Minimum 2 years of relevant experience with Financial and Regulatory Reporting (US GAAP, COSO principles, SOX 404 and 302 as well as FDICIA requirements, FR Y-14, FR Y-9C, and Call Report)
- Experience in managing multiple and often competing priorities in a fast-paced environment
- Good relationship management skills and ability to influence outside of direct team, collaborate with different stakeholders, and drive and implement changes
- Proven experience in preparing communications and presentation materials intended for, and leading discussions with, senior audiences, external auditors and/or regulators, strong written and verbal communication skills
- Strategic, business centric, and problem-solving mindset, with ability to utilize sound business judgment and tailor approaches to drive optimal business outcomes
- Strong intellectual curiosity, analytical mindset and observation ability for thematic analysis and keen attention to detail
- Operational excellence approach through determining oversight enhancements needed and collaborating on efforts to advance tools, technology, and ways of working
- Displays persistence and tenacity in reviewing and challenging methodology and processes
Benefits
- Health insurance
- 401(k) matching
- Paid time off
- Annual discretionary award based on individual performance
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Financial ReportingRegulatory ReportingUS GAAPCOSO principlesSOX 404SOX 302FDICIA requirementsFR Y-14FR Y-9CCall Report
Soft Skills
relationship managementinfluencecollaborationcommunicationpresentation skillsproblem-solvinganalytical mindsetattention to detailstrategic thinkingpersistence