B

Bank of America

Runs a US consumer bank, brokerage and investment bank

Business Control Manager - AI and Policy Governance and Oversight

Full-TimePosted on 9/28/2026
No salary listed
Senior
Plano, TX, USA+5 moreMore locations: Newark, NJ, USA | Charlotte, NC, USA | Fort Worth, TX, USA | Chandler, AZ, USA | Addison, TX, USA
In PersonIn-office culture; specific office-day expectations depend on role responsibilities and business needs.
Risk & ComplianceInternal Audit & Controls

About the job

Requirements
  • At least 5 years of experience in Audit, Compliance, or Risk at a large financial services company, with a strong track record and progression in assignment complexity, or equivalent related experience within financial services.
  • Experience supporting AI governance and oversight, including understanding responsible AI principles, risk management practices, regulatory requirements, and controls related to artificial intelligence technologies.
  • Ability to operate effectively in ambiguity, establish strategic direction, and build a function, operating model, or team from the ground up.
  • Demonstrated success leading large-scale control, testing, risk, or operating model transformation initiatives across multiple business groups.
  • Ability to synthesize information into clear, tailored, thematic messaging for senior management.
  • Experience or demonstrated ability to build and modify process designs for ongoing process improvement.
  • Ability to lead and execute projects effectively.
  • Strong oral and written communication skills, including communicating clearly and concisely with leadership, Risk, and Audit.
  • Strong organization and attention to detail.
  • Knowledge or skills in controls management, oral communications, risk management, stakeholder management, strategy planning and development, continuous improvement, engagement, influence, strategic thinking, talent development, data and trend analysis, decision making, monitoring, surveillance and testing, problem solving, quality assurance, responsible AI awareness and enablement, and operational excellence.
Responsibilities
  • Represent GEAR in enterprise AI and Copilot governance forums, councils, steering committees, and Business Controls workgroups.
  • Translate enterprise AI strategy, governance standards, and risk expectations into practical requirements for GEAR stakeholders.
  • Assess the design and effectiveness of the risk and control environment for Client Operational Services and ensure adherence to enterprise-wide standards.
  • Identify, assess, and prioritize responsible AI opportunities that improve processes, reduce manual effort, strengthen controls, and deliver measurable value.
  • Manage the AI opportunity pipeline from ideation and governance review through implementation, adoption, benefits measurement, and scaling.
  • Coordinate risk assessments, approvals, documentation, readiness activities, and stakeholder engagement for AI-enabled solutions.
  • Lead enablement through playbooks, training, AI Champion and Innovator engagement, adoption metrics, risk indicators, and executive reporting.
  • Design and implement a governance and oversight framework supporting adherence to Global Operations Legal Order Policy requirements.
  • Lead governance routines, including agendas, materials, minutes, decision records, action tracking, and follow-up reporting.
  • Define and monitor adherence measures, control performance indicators, issue themes, governance outcomes, and remediation progress.
  • Support control monitoring and testing by evaluating results, identifying gaps, recommending enhancements, and tracking corrective actions and milestones.
  • Identify procedural improvements, automation opportunities, thematic trends, and coaching needs across Legal Order Operations processes.
  • Provide leadership reporting and partner with operations, legal, risk, compliance, audit, and control teams to drive alignment, escalation, and sustainable risk outcomes.
  • Advise and challenge business leaders on control effectiveness, policy adherence, operational risk, and remediation strategies.
  • Establish governance routines, management reporting, performance measures, and escalation protocols for informed and timely decisions.
  • Identify control gaps and emerging risks, evaluate root causes and themes, and drive sustainable corrective actions and process improvements.
  • Perform monitoring and testing of controls, identify issues, and develop control improvements for remediation.
  • Lead implementation of optimized controls and enhanced Quality Assurance practices to support business continuity.
  • Manage the performance and productivity of team members conducting quality inspection reviews.
  • Ensure timely execution of Quality Assurance activities, including control execution, case management, and results reporting.
  • Manage and review operations front-line unit responses for regulatory examinations, internal audits, and other monitoring and inspection reviews.
  • Ensure data accuracy and capture relevant information for inspection metrics used in governance dashboard reporting.

About the company

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, North Carolina

Founded

1904

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Simplify's Take

What believers are saying

  • Profits are climbing: net income rose 27% to $9.1 billion in the June 2026 quarter on trading and dealmaking.
  • Tech careers have budget behind them: $4 billion of Bank of America's $13 billion yearly tech spend funds new initiatives.
  • Cheap funding cushions profits: $530 billion of its $2.03 trillion in deposits paid no interest at June 2026.

What critics are saying

  • Falling rates pinch lending profit: lower rates partly offset its 9% rise in interest income in the June 2026 quarter.
  • AI is reshaping jobs: over 200,000 employees use AI tools, sending 400,000-plus prompts daily as of July 2026.
  • Succession remains open: CEO Brian Moynihan plans to stay through decade's end after a December 2025 executive shake-up.

What makes Bank of America unique

  • Small firms bank here: it serves 4 million small businesses and calls itself the top US small business lender.
  • Wealth management is a second engine: Merrill, its brokerage, and the Private Bank oversee about $4.9 trillion in client balances.
  • Customers use its chatbot at scale: virtual assistant Erica has logged over 3 billion client interactions since 2018.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Flexible Work Hours
  • Remote Work Options
  • Professional Development Budget
  • Conference Attendance Budget

Growth & Insights and Company News

6 month growth

1%

1 year growth

-5%

2 year growth

-5%
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