girl looking into her desktop
Back to search results

Sr. Business Control Manager

Jacksonville, Florida;

Job Description:

The Registration & Licensing team is looking for a business control manager responsible for management and compliance with FINRA regulatory requirements as it pertains to Registration & Licensing for the three broker dealers at Bank of America.   The FINRA Registration & Licensing Manager is a subject matter expert on specific processes, controls, laws, rules and/or regulations that have enterprise-wide applicability for our three broker-dealers.  They are responsible for ensuring our internal Registration & Licensing enterprise policy is enforced, that the Bank’s broker-dealers satisfy certain external reporting requirements in an accurate and timely manner. The Firm is required to report to various regulators certain specified events by way of 30-day disclosures.  Specifically, the Regulatory Team Business Control Manager oversees a group of professionals who are responsible for preparing, reviewing and filing U4/U5/s and financial disclosures including bankruptcies, compromises with creditors, judgments and liens. In addition, they are responsible for all corporate entity filings.

The role engages with FLU/CF leaders globally and partners with and provides guidance to Divisional Compliance Managers, Internal Investigations, Human Resources, Legal, and Front Line Units to satisfy all regulatory matters as it applies to FINRA registration and licensing. 

Key Responsibilities:

  • Own the enterprise Registration & Licensing Policy, ensuring the right controls are in place and adherence to the policy
  • Subject matter expert as it pertains to all FINRA registration matters, including but not limited to:
  • reviewing, preparing, and filing U4/U5/4530 updates related to    
    • customer complaints,
    • consumer initiated arbitrations and litigations
    • criminal matters,
    • financial disclosures,
    • for cause terminations,
    • reporting of internal reviews,
    • regulatory investigations, and
    • regulatory actions. 
  • Complete disclosure reviews and reporting for initial applications and ongoing maintenance for FINRA, NFA, OCC, NMLS, Canada, and State Insurance Licenses.
  • Managing and responding to all registration inquiries received related to disclosure reporting. 
  • Partner with and provide guidance to Divisional Compliance Managers, Human Resources, Legal, and Front Line Units
  • Main point of contact for all FINRA disclosure review inquiries and responses.
  • Manage all corporate and branch registration matters
  • Participate/assist/coordinate regulator initiated or firm initiated special projects related to regulatory filings.

Required Key Experiences and Skills:

  • Intellectual curiosity, strong analytical skills and mindfulness
  • Strong analytical skills and financial/business acumen
  • Strong written and verbal communicator with outstanding influencing skills
  • Ability to prioritize and organize work, manage complexity and deliver solutions on tight deadlines.
  • Detail oriented with the ability to handle a variety of tasks and initiatives independently
  • Ability to work in a self-directed manner and take a proactive approach to job responsibilities
  • Strong partnership and relationship management skills; ability to work across functions and organizational lines/levels

Desired Skills:

  • Bachelor degree strongly preferred; 10+ years financial industry experience
  • Knowledge of FINRA rules and regulations.  Specifically FINRA Registration & Licensing is a plus.
  • Previous experience working with the regulators

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Registration & Licensing team is looking for a business control manager responsible for management and compliance with FINRA regulatory requirements as it pertains to Registration & Licensing for the three broker dealers at Bank of America.   The FINRA Registration & Licensing Manager is a subject matter expert on specific processes, controls, laws, rules and/or regulations that have enterprise-wide applicability for our three broker-dealers.  They are responsible for ensuring our internal Registration & Licensing enterprise policy is enforced, that the Bank’s broker-dealers satisfy certain external reporting requirements in an accurate and timely manner. The Firm is required to report to various regulators certain specified events by way of 30-day disclosures.  Specifically, the Regulatory Team Business Control Manager oversees a group of professionals who are responsible for preparing, reviewing and filing U4/U5/s and financial disclosures including bankruptcies, compromises with creditors, judgments and liens. In addition, they are responsible for all corporate entity filings.

The role engages with FLU/CF leaders globally and partners with and provides guidance to Divisional Compliance Managers, Internal Investigations, Human Resources, Legal, and Front Line Units to satisfy all regulatory matters as it applies to FINRA registration and licensing. 

Key Responsibilities:

  • Own the enterprise Registration & Licensing Policy, ensuring the right controls are in place and adherence to the policy
  • Subject matter expert as it pertains to all FINRA registration matters, including but not limited to:
  • reviewing, preparing, and filing U4/U5/4530 updates related to    
    • customer complaints,
    • consumer initiated arbitrations and litigations
    • criminal matters,
    • financial disclosures,
    • for cause terminations,
    • reporting of internal reviews,
    • regulatory investigations, and
    • regulatory actions. 
  • Complete disclosure reviews and reporting for initial applications and ongoing maintenance for FINRA, NFA, OCC, NMLS, Canada, and State Insurance Licenses.
  • Managing and responding to all registration inquiries received related to disclosure reporting. 
  • Partner with and provide guidance to Divisional Compliance Managers, Human Resources, Legal, and Front Line Units
  • Main point of contact for all FINRA disclosure review inquiries and responses.
  • Manage all corporate and branch registration matters
  • Participate/assist/coordinate regulator initiated or firm initiated special projects related to regulatory filings.

Required Key Experiences and Skills:

  • Intellectual curiosity, strong analytical skills and mindfulness
  • Strong analytical skills and financial/business acumen
  • Strong written and verbal communicator with outstanding influencing skills
  • Ability to prioritize and organize work, manage complexity and deliver solutions on tight deadlines.
  • Detail oriented with the ability to handle a variety of tasks and initiatives independently
  • Ability to work in a self-directed manner and take a proactive approach to job responsibilities
  • Strong partnership and relationship management skills; ability to work across functions and organizational lines/levels

Desired Skills:

  • Bachelor degree strongly preferred; 10+ years financial industry experience
  • Knowledge of FINRA rules and regulations.  Specifically FINRA Registration & Licensing is a plus.
  • Previous experience working with the regulators

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22087968

Band: H4

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Marianne Isgur

Referral Bonus:

0