3 Governance Controls Jobs

Job Description: About Us At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Global Business Services Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services. Process Overview. The Global Information Security (GIS) is responsible for protecting Bank information systems, confidential and proprietary data, and customer information. The team develops the Bank's Information Security strategy and policy, manages the Information Security program and identifies and addresses vulnerabilities, Develops, deploys and manages a risk-based controls portfolio, Manages and operates global security operations center that monitor, detects and responds to cybersecurity incidents. GIS Identity & Access management (IAM) Access Control Team goal is to ensure that the control processes and effectiveness are within the identified risk tolerance. Manage the performance and effectiveness of the working control through the establishment of metrics with thresholds. Validate the reasonability of Laws, Rules and Regulations mapping alignment to the controls, as aligned by the GIS Policy team. Job Description. This role is of an experienced manager, who is responsible for leading a team to maximize the value delivered through multiple programs/process and/or value streams within complex processes (Responsibilities section below). Their primary responsibility is to manage people, ensuring they are developing through coaching, mentoring, feedback, and hands-on career development. Other key responsibilities include aligning strategy and execution by applying Lean and system thinking approaches to strategy, process operations and governance. This role manages the process, ensures compliance to standards, and drives continuous improvement to operations and governance. Responsibilities. Access Provisioning and De-Provisioning - Leads a team that performs user id administration (additions, modifications, deletions) for operating systems and in-house platforms based on information contained on access administration forms, or pre-defined Role Based Access Control definitions. Should support team with hands on day-to-day BAU work Privileged Access Management - Support delivery of Privileged Access Management capabilities associated with UNIX and Linux server systems Role Based Access Control - To compile, research, analyze and document data, requirements, workflow/processes, functionality and/or controls for Identity and Access Management team, Role Based Access Control workstream Governance & Controls - Enforces security policies by administering and monitoring roles, reviewing violation reports and document controls Audit Reports and Inactive users report - Performs inactivity cleanup for users on various applications Process building/ Re-Engineering skills - Maintains organization's effectiveness and efficiency by defining, delivering, and supporting strategic plans for implementing information technologies, process improvements & automations Risk Management - Review and Monitor the process for risk evaluation and reduction along with audit readiness Define responsibilities and supervise the IAM team as per the security operations and controls Generate regular reports for management on IAM program status, risks and user activities Monitor compliance with financial services policies, regulations, and customer requirements through risk assessments and audits Strategic Planning - Align IAM program priorities with the business growth and market trends, ensuring solutions are scalable for future need Requirements. Education. BE/BTECH/MCA/MSC (IT) equivalent (Any Technical Degree) Certifications If Any CIAM / CISM / CISSP Experience Range. 12+ years of technology/information security experience with minimum 5 years of IAM and 8+ year of leadership experience Foundational skills. Expertise in leading Identity and Access Management (IAM) managed services delivery or operations. Experience in managing security, provisioning of Infrastructure platforms Expert in Privileged access Management maintenance and sustainability Understanding on IAM policies and controls/SOX controls/Information Security Controls Expertise in global service delivery in information security domain Expertise in information security industry and regulatory standards, policies, procedures, and control systems Excellent leadership, stakeholder management and program management skills. Effective verbal, presentation, written and interpersonal communication skills. Good negotiation, conflict resolution and decision-making skills Working Knowledge of tools like Powerbroker, CyberARK, Secret Vaults, IIQ 2+ years advanced scripting skills/Shell scripting (Knowledge on Python is a plus) Experience with Role Base Access Controls / SOD / PAM Strong understanding of multiple platforms, (RACF, Active Directory, UNIX and AS/400, Vintella) Desired skills. Knowledge of Cyber Security, Risk Management, Agile stc Network / Systems Administration, Excellent Communication Skills IAM implementation and managed services delivery experience in technology consulting companies with experience in US banking sector Work Timings: 12:30 to 21:30 (IST) Job Location: Mumbai

As an Assistant Manager - Risk Management at our organization, you will play a crucial role in monitoring, reporting, and managing financial processes, automated controls, and specialist administration services. Your responsibilities will include providing advice and guidance to ensure appropriate financial governance and controls are in place. You will be expected to bring strong knowledge of end-to-end business processes, applications, and systems such as Enterprise Resource Planning (e.g., SAP), system integrating tools, and other management tools like ARIS. Your expertise will facilitate the transformation to groundbreaking capability building and process automation. In this role, you will be involved in developing, planning, and managing financial risk frameworks and reviews. You will evaluate management and governance controls, primarily of a financial nature, and ensure that risks are effectively identified, managed, reported, and mitigated in line with our organization's risk appetite. Flexibility is key to success in our business, and we encourage our employees to work flexibly in various ways, including part-time arrangements, compressed hours, and flexible locations. We value creating an inclusive culture where everyone feels valued and listened to, as it is essential in celebrating life every day, everywhere. Our organization believes that an inclusive and diverse culture leads to a better business and a better world. We aim to have diverse talent with a range of backgrounds, skills, and capabilities in each of the 180 countries where we operate. Your role will contribute to building an inclusive culture that reflects our broad consumer base. If you are passionate about transforming businesses, taking brands to the next level, and shaping the next generation of celebrations for consumers worldwide, then this Assistant Manager - Risk Management position may be the perfect opportunity for you. Do not hesitate to apply, and if you require any reasonable adjustments during the application process, please ensure to communicate this information.,

The role shall be a critical driver for the department & organizations growth objectives and work with the management in achieving scalability by being be an efficiency driver through oversight, monitoring, guidance, constructive challenge within the COO domain in a manner that maximizes efficiency and build productivity oriented, replicable and systemic processes, thus enabling the organization to realize its growth aspirations on a sustainable basis. The role also supports COO with dedicated, forward thinking, strategic, analytical and operational & projects management support, encompassing budgeting & forecasting, strategic planning, drivers for business efficiency & productivity, challenge & monitors performance, oversight on vendor management and drive process improvement initiatives in areas of Operations and Information Technology. In addition, the role will also be responsible to provide an opinion and supporting the Function Heads & COO towards ensuring timely closure of all process improvements being initiated by the function. The role holder will be responsible for creating design / flows for transformational projects being taken up in the COO vertical. He/she is expected to play the role of a trusted advisor to the head of respective functions by constructively challenging status quo and helping them drive cross functional change initiatives. He/she is accountable for making complex business decisions, working on high value financial improvement initiatives and creating an environment for development which is recognized as market leading both internally and externally. The role holder will directly work with function /department heads to initiate / change and provide end-to-end management of the process design program from initiation of the idea, through development of the business case, management of all aspects of program delivery (not just systems) and tracking of benefits. In addition to it, to have knowledge of various functions of Operations , IT and to have the ability to automate systems & stream line processes. Should have the ability to drive an improvement agenda with the servicing partners as well Process improvement Be independent and drive improvement along with process owners in areas of efficiency cutting across areas of reducing TATs, cost, enhancing customer experience Process excellence - Re-engineer processes to meet the customer , stakeholders and distributor expectations Lead and oversee business transformational projects for the organization. Lead and manage all process initiatives involving the Distributors and Alternate Channels. Create process design / flows which could be a result of new requirements, process enhancements/ changes, Regulatory guidelines or product launches, any suggestions from any external consultants, etc. Review of critical operational processes like New Business, Underwriting, Policy Servicing, Complaints, Claims and support functions to identify appropriate controls which ensure alignment to regulatory and internal requirements Process Management Drive and provide guidance to functions in order to conceptualize and implement initiatives to bring in efficiency via standardization of processes and uniform implement best practices Drive productivity via constant monitoring, process tweaks and constructive challenge Oversight and monitoring of measures & metrics via targeted dashboards and MIS reports for an efficient review and challenge process Facilitate the functions in use of technology as a key lever and driver to bring in efficiency, accuracy and maximize productivity Create an effective engagement model within the COO domain to ensure that the teams do not work in silos and leverage on each others expertise and resources Understand, evaluate and challenge the need for investments in technology for new initiatives vis a vis costs, benefits, opportunity and maturity of the business and industry with regards to the proposed investment