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Business Governance Specialist
Business Governance Specialist-November 2024
Dallas
Nov 23, 2024
ABOUT MERRILL
Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals and businesses. We focus on helping all clients pursue the
10,000+ employees
Financial Services
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About Business Governance Specialist

  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!

  Wealth Management Operations Risk Governance serves as a central issues management and control oversight unit. The unit performs various control functions including general ledger account establishment, exposure monitoring, risk and audit issue management, and various oversight functions including but not limited to broker dealer separation, vendor management, global records management, registration and licensing, and identity access management.

  Responsible for leading initiatives related to risk within the Wealth Management Operations organization and driving horizontal risk initiatives that intersect with the Consumer, Small Business & Wealth Management Operations organization or other Enterprise areas. This includes collaboration with team members to identify and address risk; coordination of regulatory examinations and inquiries, annual PricewaterhouseCoopers SOC 1 audits and risk assessments and audit issue management across the Wealth Management Operations organization. The Wealth Management Operations Risk Governance role will also oversee the organization's Single Process Inventory (SPI) and drive a culture of proactive risk management.

  Job Responsibilities:

  Thoughtfully collaborates with Wealth Management Operations management team and operational team members to identify and address riskManage the audit / exam process in coordination with control partners, audit and the impacted functional areasResponsible for ensuring accurate documentation and maintenance of the Single Process Inventory (SPI) for groups within Wealth Management OperationsManage issues and observations portfolio related to direct and indirect Just-do-it initiatives, Self, Audit, and Risk identified issues

  Required Skills:

  Demonstrated ability to manage multiple initiatives concurrently with successful outcomesStrong relationship management skills to build and maintain credibility and influence with support partners, leadership and stakeholdersSelf-starter able to work independently and prioritize effectively, with minimal oversight and guidanceDetail oriented with ability to interpret data and compile it into value-added information for leadersAbility to navigate in a highly complex organization and operate effectively in change environmentsSuperior presentation and communication skills at the executive level (written and verbal)Proficient in MS Excel, Word and PowerPoint

  Desired Skills:

  Bachelor's degreeKnowledge of Operational processesAbility to review data and provide analytical perspectiveAdvanced Excel and PowerPoint skillsProficient with SharePoint and Visio

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

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