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Bank of America

Runs a US consumer bank, brokerage and investment bank

Test Specialist

Internal Audit & ControlsConfirmed live in the last 24 hours
Full-timeNo salary listed

About the Job

Requirements

  • A bachelor's degree or above in fields including Finance, Economics, Mathematics, Computer Science, Statistics, Process and Mechanical Engineering, Operations Research, Data Science, Accounting, or Business Administration, or equivalent work experience is required.
  • Ability to assess risk and controls is required.
  • Ability to work in a highly controlled and audited environment is required.
  • Ability to monitor ongoing process performance, address pain points, and remediate issues to reduce risk is required.
  • Ability to understand and manage the end-to-end Test Life Cycle from test request through development, execution, and dissemination of results is required.
  • Ability to execute tests by following test scripts or using automated processes is required.
  • Deep understanding of the product, underlying business, and associated technical domains is required.
  • Ability to approach challenges creatively and effectively, including under constraints, is required.
  • Ability to explore new technologies, frameworks, and best practices to stay current with industry trends is required.

Responsibilities

  • Conduct quality assurance reviews and testing to identify operational risks, defects, and areas of non-compliance.
  • Document test results, defects, and risk findings clearly, accurately, and in an organized manner.
  • Evaluate the effectiveness of processes and controls, document findings, and provide recommendations for improvement.
  • Execute testing in accordance with test scripts, document and escalate defects, and perform preliminary reporting and analysis of results.
  • Collaborate with Compliance and Operational Risk officers and/or Front Line Unit process owners to identify themes and trends at the Front Line Unit, control function, and enterprise levels.
  • Partner with process and data owners, risk managers, and EIT teams providing operational, data sourcing, and technology infrastructure support.
  • Understand regulatory updates, compliance standards, and quality assurance procedures.
  • Ensure testing activities meet internal standards and comply with applicable laws, rules, and regulations.

Desired Qualifications

  • Experience supporting risk, audit, compliance, operations, or control functions within financial services is preferred.

About the Company

Bank of America

Runs a US consumer bank, brokerage and investment bank

Bank of America runs one of the largest US banks, serving consumers, small businesses, wealthy families, corporations and institutional investors. Alongside checking accounts, credit cards, mortgages and business loans, it owns the Merrill brokerage, a private bank for wealthy clients and a global investment bank that advises on deals and trades stocks and bonds. Customers reach it through thousands of branches and ATMs and its mobile banking app. It earns money mainly from the gap between what it charges on loans and pays on deposits, plus fees from advice, asset management, deal work and trading. It grew from a San Francisco bank founded in 1904 and is headquartered in Charlotte, North Carolina.

Company size
10,001+
Company stage
IPO
Headquarters
Charlotte, NC
Founded
1904

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