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Business Control Specialist - NYC

New York, New York

Job Description:

Global Commercial Banking (GCB) serves over 9,100 clients with annual revenues of $50 million to more than $2 billion. GCB serves primarily U.S. and Canadian clients, working to deliver a full suite of financial solutions, including the international needs of our clients’ overseas subsidiaries. GCB is organized by industry and geography, to deliver both local coverage and industry expertise. Our unique client coverage model and close partnerships with other businesses in Global Banking & Markets plus Global Wealth & Investment Management and Consumer Banking and Small Business, enable our commercial client teams to seamlessly deliver all of the company’s capabilities as integrated solutions.

Job Description: The candidate will support the Process & Risk Management team in mitigating risk across the AML organization and program. This role directly supports execution and management of the QA Program through various initiatives to drive process improvements and control performance sustainability. This role requires a strong operational risk and compliance background, Risk Framework (QA Standard) knowledge, and understanding of AML requirements.

Key responsibilities include the following:

  • Support or lead the implementation of various special projects designed to further mitigate risks and drive operational excellence within the GBAM AML program
  • Engage with and coordinate LOB process owners and subject matter experts as well as Risk and Compliance partners in the analysis of processes to determine root causes to deficiencies that may require process, risk, and/or control enhancements
  • Collect and analyze process data in order to identify key risk and mitigating controls, proposing alternate solutions when applicable
  • Provide support in the completion of Risk and Control Self Assessments (RCSA) or other business control assessments

Required Skills and Experience

  • 3-5 years of QA Management, PRC, RCSA, or other similar business control experience
  • Understanding of AML requirements and Enterprise Standards
  • Process improvement and data analysis experience
  • Must have desire and ability to learn new technology tools and applications
  • Proven organizational skills and ability to execute tasks and projects independently
  • Ability to multi-task, work in a fast paced environment and balance competing demands
  • Detail oriented and high degree of accuracy needed
  • Must demonstrate strong interpersonal, collaboration and communication skills to effectively work with process owners, process designers, and business partners
  • Highly proficient with Microsoft programs including Word, Excel, PowerPoint, SharePoint and Outlook;

Desired Skills:

  • AWARE
  • Bachelor’s degree in related field or equivalent experience
  • Six Sigma and/or statistical analysis experience
  • Working knowledge of Risk Framework
  • Operational Excellence experience

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Global Commercial Banking (GCB) serves over 9,100 clients with annual revenues of $50 million to more than $2 billion. GCB serves primarily U.S. and Canadian clients, working to deliver a full suite of financial solutions, including the international needs of our clients’ overseas subsidiaries. GCB is organized by industry and geography, to deliver both local coverage and industry expertise. Our unique client coverage model and close partnerships with other businesses in Global Banking & Markets plus Global Wealth & Investment Management and Consumer Banking and Small Business, enable our commercial client teams to seamlessly deliver all of the company’s capabilities as integrated solutions.

Job Description: The candidate will support the Process & Risk Management team in mitigating risk across the AML organization and program. This role directly supports execution and management of the QA Program through various initiatives to drive process improvements and control performance sustainability. This role requires a strong operational risk and compliance background, Risk Framework (QA Standard) knowledge, and understanding of AML requirements.

Key responsibilities include the following:

  • Support or lead the implementation of various special projects designed to further mitigate risks and drive operational excellence within the GBAM AML program
  • Engage with and coordinate LOB process owners and subject matter experts as well as Risk and Compliance partners in the analysis of processes to determine root causes to deficiencies that may require process, risk, and/or control enhancements
  • Collect and analyze process data in order to identify key risk and mitigating controls, proposing alternate solutions when applicable
  • Provide support in the completion of Risk and Control Self Assessments (RCSA) or other business control assessments

Required Skills and Experience

  • 3-5 years of QA Management, PRC, RCSA, or other similar business control experience
  • Understanding of AML requirements and Enterprise Standards
  • Process improvement and data analysis experience
  • Must have desire and ability to learn new technology tools and applications
  • Proven organizational skills and ability to execute tasks and projects independently
  • Ability to multi-task, work in a fast paced environment and balance competing demands
  • Detail oriented and high degree of accuracy needed
  • Must demonstrate strong interpersonal, collaboration and communication skills to effectively work with process owners, process designers, and business partners
  • Highly proficient with Microsoft programs including Word, Excel, PowerPoint, SharePoint and Outlook;

Desired Skills:

  • AWARE
  • Bachelor’s degree in related field or equivalent experience
  • Six Sigma and/or statistical analysis experience
  • Working knowledge of Risk Framework
  • Operational Excellence experience

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22003003

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Gweneth Leuther Karas

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036