Jan 11, 2019

Business Control Manager

  • Bank Of America
  • Chandler, AZ, USA
Full-Time Banking

Job Description

Job Description:

• Lead Credit Strategies Execution function providing sales, underwriting and fulfillment with clear and consistent guidance on Credit Policy, Philosophy/Interpretation
•Lead Credit Exception function providing loan level underwriting exception review and approval for Client Underwriting
•Partner with Credit Policy on Program/Procedure Updates
•Partner with Remediation Management to Guide Quality Improvement
•Partner with L&LD on Credit Training Initiatives for Underwriting, Fulfillment and Sales
•Executes monthly reporting functions, including sourcing and managing data for dashboards, trackers, etc
•Tracks expenses and helps develop budgets in coordination with Finance partners
•Consults with senior management in evaluating current methods and developing strategies to implement changes and improvements.
Builds a thorough knowledge of the department or business units functional area or products.
•Assist in the execution of internal control discipline and operational excellence within a LOB or ECF. Execute LOB/ECF specific processes and tools to drive adherence to enterprise-wide Standards. Support the implementation of QA/QC processes within the LOB/ECF through ongoing monitoring and testing of controls. Identify issues and/or control improvements for remediation, whilst assisting in building out actions plans and milestones. Acts as an ambassador of the risk culture. Develop and direct staff. Incumbents typically have over 8+ years of risk management and LOB/ECF experience.

Required Skills: "Must" have these skills to be minimally qualified.
  • Bachelor's degree
  • 10+ years' experience with Conventional, FHA and VA lending
  • Strong understanding of mortgage lending sales, underwriting and fulfillment policy/procedures for first, second and high net worth loan transactions
  • Independent thinking and the ability to assess if the relevant functions are performing in compliance with bank policy and the regulatory expectations
  • Excellent communication skills both written and verbal as the job requires interaction with various parts of the organization and ongoing management reporting of the state of compliance
  • Attention to detail and organizational skills is a must
  • Strong powerpoint skills; skilled in pulling together data in a presentation format.
  • Strong excel skills
  • Strong project management and time management skills
  • Strong presentation skills

Desired Skills:
  • Prior knowledge and experience in process risk and controls or issue management
  • Previous training experience
  • Previous experience management large remote teams



Security Clearance

NO Security Clearance

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