Corporate Treasury Business Controls - Senior Financial Analyst at Bank of America

Posted in Banking 18 days ago.

Type: Full time
Location: Charlotte, North Carolina





Job Description:

Job Description:

The Corporate Treasury Quality Assurance and Business Controls team is part of the Corporate Treasury. The primary focus of our team is validate effectiveness of processes/controls supporting Corporate Treasury functions, including Enterprise Capital Management, Global Liquidity Management, Corporate Investments, Global Funding, Treasury Finance, Balance Sheet Management, and Enterprise Insurance Management. Coverage also includes regulatory compliance (e.g., Basel - Capital and Liquidity) and related enterprise standards and policies (e.g.. Enterprise Data Management). Our business partners include various groups through CFO organization, GT&O, Risk and Compliance teams. Key priorities for our team are provide affirmative evidence supporting ongoing compliance with enterprise policies and standards, including applicable regulatory and reporting requirements, as well as Treasury Control Framework.

Support execution of Treasury Control Framework, including process and control design assessment, compliance with enterprise control frameworks and programs, various control strategic projects and assist in execution of Treasury QABC group's administrative tasks and routines.

The teammate in this role is responsible for:

1) Assist in designing and conducting design and operating effectiveness testing to ensure ongoing compliance with Basel rules (Liquidity and Capital)

2) Participating in discussions with process and control owners to develop approaches to resolve gaps, and/or address weaknesses or deficiencies when necessary

3) Identifying documents, and maintain evidence supporting process and controls objectives

4) Participating in teams conducting the validation work streams

5) Engaging key business partners to facilitate completion of assigned deliverables and explain results

Throughout the tenure of the role, the teammate should gain exposure and acumen in Basel regulations and business processes/controls relied upon for compliance with these regulations across the Corporation.

6) Ability to work in large team and work on long term projects while maintaining flexibility on deliverables.

Throughout the tenure of the role, the teammate should gain exposure and acumen in Basel regulations and business processes/controls relied upon for compliance with these regulations across the Corporation.

Enterprise Role Overview

Provide analytical support in executing internal control discipline and operational excellence within a LOB/ECF. Gather and organize data in order to monitor and test the effectiveness of key controls and status of mitigation and action plans. Prepare documentation for the tracking, monitoring, and escalation of risk related issues to management. Acts as an ambassador of the risk culture. Incumbents typically have over 5 years of risk management and/or LOB/ECF experience. May manage staff.

Required Skills and Experience:
  • Bachelor's Degree or equivalent experience
  • 3-5 years of large complex banking treasury experience
  • 3-5 years of direct Treasury Business Controls experience
  • Operational risk, compliance risk or audit within treasury experience also beneficial
  • Big 4 experience auditing large complex bank
  • Understanding of complex financial instruments
  • Experience working with complex data set
  • Excellent communication and presentation skills
  • Experience in a centralized cross-functional role, coordinating across many groups and presenting relevant information/ results.


Desired Skills and Experience:
  • MBA, CPA, CFA or equivalent
  • Big 4 assurance experience
  • Governance and oversight experience
  • Regulatory Reporting
  • Financial Reporting
  • Comfort with complex financial products
  • Advanced data manipulation/Excel/Modeling
  • SAP/eLedger


Shift:
1st shift (United States of America)

Hours Per Week:
40