Global Markets - Commodities, Business Controls Analyst
Company: Bank of America
Location: New York City
Posted on: April 3, 2026
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Job Description:
Job Description: At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. We do this by driving Responsible Growth and
delivering for our clients, teammates, communities and shareholders
every day. Being a Great Place to Work is core to how we drive
Responsible Growth. This includes our commitment to being a diverse
and inclusive workplace, attracting and developing exceptional
talent, supporting our teammates’ physical, emotional, and
financial wellness, recognizing and rewarding performance, and how
we make an impact in the communities we serve. At Bank of America,
you can build a successful career with opportunities to learn,
grow, and make an impact. Join us! Job Description: The Global
Markets Business Controls Office (BCO) is responsible for the
creation, maintenance and oversight of a robust supervision and
control infrastructure relating to non-financial risk, including
but not limited to compliance with regulatory rules and guidance as
well as operational controls in partnership with the business Front
Line Unit (FLU). BCO is a global group with teams in many locations
including New York, Charlotte, London, Paris, Hong Kong, Singapore
and Tokyo providing control oversight to Sales, Trading,
Electronic/Algorithmic and Research businesses across Global
Markets in respect of regulatory and governance programs. Position
Description/Responsibilities: BCO has an open role for a Business
Controls Executive to work within a global team of Business
Controls specialists, focused on Commodities. This position will
require you to coordinate with the Senior BCO Commodities lead and
you will be expected to achieve suitable product knowledge to
provide expertise to key aspects of the bank’s control framework in
the FLU or 1st Line, including documenting operational incidents,
identifying and resolving control gaps through raising and managing
self-identified audit issues, providing support to Commodities
supervisors, working with BCO Trade Surveillance to resolve alerts
and documenting the lineage between sales/traders and their
supervisors among other things. The successful candidate will
report to the Head of AMRS FICC Global Markets Business Controls
Office. They will undertake the day-to-day development and/or
enhancement of the controls framework focused in Commodities. They
will acquire a knowledge of trading, together with an understanding
of controls and other Trading and Sales applicable regulations
related to this asset class. This individual will work closely with
the LOB supervisors and senior management/COOs and other support
functions (e.g., Compliance, Enterprise Independent Testing (EIT),
Risk, Operations and Technology, Legal, Audit and Human Resources).
Their goal will be to ensure that the controls and supervisory
framework is complete, keep up to date with changes within the
organization and compliant with applicable laws, rules and
regulations, implementing industry best practices. Profile/Skills:
Candidate must be able to thrive in a fast-paced and high-pressure
environment with primary responsibilities being to: Work within a
global team within the GM BCO function charged providing expertise
together with others, maintaining global transparency and
consistency (where appropriate) of roles, processes and
accountabilities, and enhance governance and associated
documentation; Interface with Regulatory agencies (e.g. OCC, FINRA,
SEC, PRA, FCA, etc.) as required, representing the bank and to be
accountable for ensuring regulatory concerns are appropriately and
swiftly addressed; Work with global GM BCO and internal
stakeholders to identify control gaps, design, implement and track
through SIAIs remedial actions to close and continue to improve
conduct and culture within the business and wider organization;
Support the bank’s Trade Surveillance Framework in the FLU or 1st
Line responsibilities, including design, implementation, parameter
setting, regular reviews, venue coverage, data quality, alert
dispositioning and investigations; Identify and resolve any gaps in
the control framework; Provide BCO input into Enterprise and Global
Markets policies and procedures; Represent Global Markets BCO at
various committees, forums and meetings as required; and Act as an
escalation point to BCO and local FLU leadership for any items that
require escalation, awareness or approval. Experience required:
Bachelor's degree or equivalent work experience; Understanding of
Market Misconduct behaviors across Trading and Sales business;
Ability to work collaboratively across multiple stakeholders and
deliver results in a timely manner; Self-starter with ability to
multitask and manage competing priorities, managing effectively in
a dynamic environment; Excellent verbal and written communication
skills with the ability to articulate complex concepts in a clear
and concise manner; Attention to detail and high standard for
quality work product; Commitment to provide timely and accurate
guidance to FLU with strong ability to influence when needed;
Inquisitive mindset and the ability to think creatively to solve
problems and anticipate potential questions or issues; Effective
time management and prioritization, strong multi-tasking abilities;
Excellent judgment in handling sensitive and confidential
information; and FINRA Series 7, 24 & 63 licenses preferred but not
a pre-requisite. Shift: 1st shift (United States of America) Hours
Per Week: 40 Pay Transparency details US - NY - New York - ONE
BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits
information Pay range $38.46 - $40.87 hourly pay, offers to be
determined based on experience, education and skill set.
Discretionary incentive eligible This role is eligible to
participate in the annual discretionary plan. Employees are
eligible for an annual discretionary award based on their overall
individual performance results and behaviors, the performance and
contributions of their line of business and/or group; and the
overall success of the Company. Benefits This role is currently
benefits eligible. We provide industry-leading benefits, access to
paid time off, resources and support to our employees so they can
make a genuine impact and contribute to the sustainable growth of
our business and the communities we serve.
Keywords: Bank of America, Waterbury , Global Markets - Commodities, Business Controls Analyst, Accounting, Auditing , New York City, Connecticut