CFO - Senior Business Control Specialist; Financial and Regulatory Reporting Controls Oversight

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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role‑specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

This job is responsible for driving and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include providing analytical and administrative support for LOB or ECF specific processes and tools to drive adherence to enterprise‑wide standards. Job expectations include monitoring and testing controls and implementing quality assurance and quality control processes within the LOB or ECF by evaluating data to help identify, track, and report issues and control improvements for remediation.

The primary responsibility is to support the execution of enterprise‑wide Sarbanes‑Oxley (SOX) program and FR Y-14 governance program supporting the CFO Attestation.

• 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 (Broker‑Dealer, and Sustainable Business Information (SBI)). This includes activities such as setting materiality, determining scope, identifying relevant processes, risk, and controls, assessing deficiencies, executing sub‑certifications and associated governance activities, and ensuring high quality of documentation maintained in the system of record
• Provide strategic planning and thought leadership across SOX Program and FR Y-14 CFO Attestation Program, and Broker‑Dealer, and SBI Internal Control Programs as needed
• Drive Operational Excellence and/or respond to changing business environment and revise methodologies and processes as appropriate
• Collaborate with Risk, Corporate Audit, external auditors
• Collaborating and communicating with key senior stakeholders, escalating items of note and preparing communications to senior executives, including the CAO, CFO, Chief Auditor

• 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…