Bank of America Financial Control Oversight (FCO) Control Analyst in Charlotte, North Carolina

Job Description:

The FCO team is responsible for design and implementation of new or enhanced routines to support CFO’s compliance with risk and control policies, standards, and initiatives. The team is focused on improving our risk and control environment by driving consistent interpretations, approaches and leading strategic change across the CFO organization.

The FCO Control Analyst plays a key role in supporting the design and implementation of control processes to ensure accuracy and appropriateness of externally reported financial information. The position provides a unique opportunity to partner closely with several CFO teams and Control Partners in Operational Risk, Compliance, Model Risk Management and Corporate Audit.

Scope of Responsibilities:

The FCO Control Analyst will:

  • Participate in review and assessment of enterprise control policies and initiatives to determine requirements and applicability to CFO (examples include: Spreadsheet Control - Enterprise Policy, Enterprise Model Risk Management Policy, data access controls and retention initiatives, Information Wall Policy, BAC Blackout Policy, and Associated Person / Covered Person Policy)

  • Assist with collection, analysis and reporting of data used to measure the health of current state internal processes related to CFO-wide control initiatives

  • Provide input to CFO Self-Identified Audit Issues (SIAIs) when applicable; facilitate design and communication of remediation action plans

  • Contribute to the development of interpretative guidance, procedures and job aids for CFO to ensure consistent and effective implementation of sustainable control processes

  • Track and report issues, challenges and progress to Senior Management

Knowledge, Skills and Key Leadership Characteristics:

  • 3+ years of relevant governance, risk, control, audit and/or compliance type experience, specifically in areas of accounting and finance in a large, fast-paced, results-oriented company with a demonstrated history of success

  • Ability to quickly adjust to changes in approach/methodology in a dynamic setting

  • Effective partnering and relationship management skills

  • Strong data manipulation and reporting skills in MS Access, Excel and PowerPoint

  • Experience in interpretation of policy, risk assessing processes/tools/records/data, evaluating, developing and documenting action plans

  • Ability to communicate complex ideas in a clear and concise manner, both written and verbal

  • Proficient project-management skills; ability to handle multiple priorities in a fast-paced environment

Posting Date : 07/25/2017

Location :


  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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