Sr Business Controls Specialist

Company: Bank of America
Location: Saint Louis
Posted on: November 19, 2021

Job Description:

Job Description:*Will consider all WC Locations The Wholesale Credit Regulatory Portfolio Associate will provide support to Wholesale Credit Officers for designated regulations which may be applicable during the underwriting/monitoring process. Responsibilities include but are not limited to:-Providing guidance on required data and/or complete regulatory data inputs (e.g. completion of decision trees, responses to questions for a particular regulation during the underwriting process etc..) to ensure compliance with the designated regulation -Participating with work team developing updates to any Front Line Until (FLU) procedures for the designated regulation-Assisting with validating regulatory reporting and researching Enterprise Independent Testing findings-Assisting with ad-hoc requests and prioritize workload accordingly-Partnering with control partners on annual assessment of Policy and Standards to access impact to the line of business in Wholesale Credit Required Skills: -Ability to work independently and self-manage-Strong verbal communication and collaboration skills-Ability to lead and execute with a positive, energetic attitude-Ability to navigate credit agreements, collateral documentation and loan write-ups-Candidate must be highly organized-3-5 years experience in either credit underwriting, credit operations with a specific focus on collateral preferred-Participant must be detail orientated and demonstrate a high regard for data accuracy Desired Skills: -Working knowledge of CRA, FCRA, FDIC High Risk, HVCRE, Reg W, Reg O, Bankruptcy, TDR, and Flood regulations -Strong oral and written communication skills including the ability to communicate effectively with leadership, Compliance, Enterprise Process Oversight (EPO), Audit and Credit Review on a regular basis- Experience in credit underwriting, monitoring and collateral analysis and familiar with credit policy and procedures.Job Band:H5Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 --> Job Description:*Will consider all WC Locations The Wholesale Credit Regulatory Portfolio Associate will provide support to Wholesale Credit Officers for designated regulations which may be applicable during the underwriting/monitoring process. Responsibilities include but are not limited to:-Providing guidance on required data and/or complete regulatory data inputs (e.g. completion of decision trees, responses to questions for a particular regulation during the underwriting process etc..) to ensure compliance with the designated regulation -Participating with work team developing updates to any Front Line Until (FLU) procedures for the designated regulation-Assisting with validating regulatory reporting and researching Enterprise Independent Testing findings-Assisting with ad-hoc requests and prioritize workload accordingly-Partnering with control partners on annual assessment of Policy and Standards to access impact to the line of business in Wholesale Credit Required Skills: -Ability to work independently and self-manage-Strong verbal communication and collaboration skills-Ability to lead and execute with a positive, energetic attitude-Ability to navigate credit agreements, collateral documentation and loan write-ups-Candidate must be highly organized-3-5 years experience in either credit underwriting, credit operations with a specific focus on collateral preferred-Participant must be detail orientated and demonstrate a high regard for data accuracy Desired Skills: -Working knowledge of CRA, FCRA, FDIC High Risk, HVCRE, Reg W, Reg O, Bankruptcy, TDR, and Flood regulations -Strong oral and written communication skills including the ability to communicate effectively with leadership, Compliance, Enterprise Process Oversight (EPO), Audit and Credit Review on a regular basis- Experience in credit underwriting, monitoring and collateral analysis and familiar with credit policy and procedures.Job Band:H5Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 Job Description: ---Will consider all WC Locations The Wholesale Credit Regulatory Portfolio Associate will provide support to Wholesale Credit Officers for designated regulations which may be applicable during the underwriting/monitoring process. Responsibilities include but are not limited to:-Providing guidance on required data and/or complete regulatory data inputs (e.g. completion of decision trees, responses to questions for a particular regulation during the underwriting process etc..) to ensure compliance with the designated regulation -Participating with work team developing updates to any Front Line Until (FLU) procedures for the designated regulation-Assisting with validating regulatory reporting and researching Enterprise Independent Testing findings-Assisting with ad-hoc requests and prioritize workload accordingly-Partnering with control partners on annual assessment of Policy and Standards to access impact to the line of business in Wholesale Credit Required Skills: -Ability to work independently and self-manage-Strong verbal communication and collaboration skills-Ability to lead and execute with a positive, energetic attitude-Ability to navigate credit agreements, collateral documentation and loan write-ups-Candidate must be highly organized-3-5 years experience in either credit underwriting, credit operations with a specific focus on collateral preferred-Participant must be detail orientated and demonstrate a high regard for data accuracy Desired Skills: -Working knowledge of CRA, FCRA, FDIC High Risk, HVCRE, Reg W, Reg O, Bankruptcy, TDR, and Flood regulations -Strong oral and written communication skills including the ability to communicate effectively with leadership, Compliance, Enterprise Process Oversight (EPO), Audit and Credit Review on a regular basis- Experience in credit underwriting, monitoring and collateral analysis and familiar with credit policy and procedures. Shift:1st shift (United States of America) Hours Per Week: 40

Keywords: Bank of America, St. Louis , Sr Business Controls Specialist, Other , Saint Louis, Missouri