GT BMC Risk Assessment Quality Assurance

Bank of America; England; On-site; GBP 40,000 - 80,000; Full time

Job description

GT BMC Risk Assessment Quality Assurance page is loaded

GT BMC Risk Assessment Quality Assurance

Apply locations Pennington Plano time type Full time posted on Posted 2 Days Ago job requisition id 25012401

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Summary:

This role is a key member of the Technology Business Management & Controls Quality Assurance team that provides critical support and will help in establishing effective controls within processes (Quality Assurance), perform reviews, and test the effectiveness of controls (monitoring and Quality Control).

We are seeking a detail-oriented Quality Assurance/Audit Specialist to join our BMC QA Risk Management team. This role will focus on conducting quality assurance and audit activities on risk assessments and quarterly risk reviews. The ideal candidate will ensure the integrity, accuracy, and effectiveness of our risk management processes and controls.

Job Responsibilities:

• Conduct Quality Assurance Reviews/Audits - Perform comprehensive reviews of risk assessments and quarterly risk reviews to ensure adherence to established standards and regulations. Evaluate the effectiveness of risk identification, assessment methodologies, and control measures.
• Analyze Risk Assessment Processes: Review and assess the methodologies used in risk assessments, providing feedback and recommendations for improvement. Ensure that risk assessments are current, complete, and accurately reflect the organization’s risk exposure.
• Prepare Reports: Document findings from reviews/audits and assessments, highlighting areas of concern and recommending actionable solutions. Present results to management and stakeholders, ensuring clear communication of risks and mitigation strategies.
• Engage with Stakeholders: Collaborate with various departments to gather information and understand their risk management processes. Facilitate discussions with key stakeholders to address findings and implement improvements.
• Act as an ambassador of the risk culture. The Quality Assurance program will guide technology executives, risk officers and technology SMEs with recommendations during reviews, develop and communicate procedures as requirements change over time, challenge gaps in evidence, ensure controls are sustainable and address risks appropriately.
• This is a role that will require the candidate to work across the technology organization, using technical domain expertise to lead and/or execute quality reviews for controls and processes. Must ensure and understand how sustainable solutions apply to adherence of policies. The incumbent will drive and report progress on execution of quality assurance across the portfolio to leadership on an ongoing basis. The role will drive a strong Risk culture that encourages discussion and debate for everyone in the organization. The role must expertly balance the need to reduce risk efficiently and effectively but in a manner that supports Operational Excellence.

Required Qualifications:

• 3+ years of experience in risk management, audit, compliance, or a combination of each
• Understanding of technical topics such as change management, application development and lifecycle, technology controls
• Technical Documentation
• Project Management
• Relationship Building
• Teamwork and outstanding communication skills

Desired Qualifications:

• Control testing or Issues QA review experience within the financial institution industry
• Technical Audit experience
• Professional career in economics, accounting, finance, math, or actuarial sciences
• CISA or CPA

Skills:

• Controls Management
• Automation
• Issue Management
• Monitoring, Surveillance, and Testing
• Quality Assurance
• Risk Management
• Analytical Thinking
• Attention to Detail
• Critical Thinking

Shift:

1st shift (United States of America)

Hours Per Week:

40