About this role
Job Description:
Global Corporate & Investment Banking (GCIB) is geared to drive enhancements and maintenance of its data domain and enhancing ownership framework. The role will play a pivotal part in driving these enhancements and their ongoing sustainment. The role requires a strategic approach to managing the data domain - direct and shared domains - balancing risk and business enablement priorities from data perspective. It also requires partnering with stakeholders in GCIB and the rest of the Enterprise to drive regulatory adherence, strengthen frameworks for data architecture, enhance operational excellence and meet GCIB's goal to be the best-in-class. The role covers key data domain management accountabilities and responsibilities, including strategic establishment and enhancements from a business perspective and guiding technology teams to deliver to solutions that meet the objectives. The execution design should also keep GCIB compliant on required policies like Material Non-Public Information requirements. The program team intends to add new talent that can operate in a high intensity and complex business environment to drive success by executing with detail and embracing a culture of "Plan-Do-Check-Act" as a permanent team ritual.
Key responsibilities include but are not limited to:
- Partner with the Data Strategy & Management Executive (DSME) team and Data Quality & Controls Executive (DQCE) team, in the design of GCIB data domain management framework as well as day-to-day domain management. Execute programs for successful implementation and sustainability
- Adhering to accountabilities and responsibilities required of a data domain manager as per applicable Enterprise policies and standards
- Contribute to GCIB's data strategy execution to ensure successful completion. Provide inputs into strategy according to on-the-ground learnings
- Partner with the GCIB Data Steward to keep data domain needs assessment up-to-date and raise the need for new data domain accordingly
- Identify, prioritise and execute data issues/incidents in adherence with data incident management standards and MNPI procedures
- Support DSE in data strategy and initiatives roadmap maintenance
- Engage in audits, regulatory exams and target assessment, as required
- Ensure compliance with applicable policies and standards along with evidence of compliance
- Escalate risks to programs. Partner with key stakeholders and develop solutions and deliver mitigating actions in support of successful completion of the program
- Develop strong relationships to navigate the complexities of gaining buy-in, building consensus, and resolving conflicts in a large, distributed organization
Key Requirements:
- 12-15 years of experience in data architecture and/or regulatory adherence roles
- Experience with dealing with complexity of Global data issues and regulations
- Understands GCIB business and products and can take ownership of delivery
- Strong leadership qualities and result driven approach
- Excellent verbal and written communication skills and ability to simplify and summarize complex data priorities/ technical concepts to executive stakeholders
- Ability to work in fast-paced, work-intensive organization and be able to adapt to changing priorities while delivering with high accuracy
- Passion for building a culture of collaboration and team-work
- Ability to operate independently and collaborate across wide span of stakeholders including bankers, senior leaders, risk partners and regulators/ auditors
- Control focused mindset and good understanding of regulatory and reputational risks
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$175,000.00 - $246,200.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.Other facts
About Bank of America
Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.
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What you'll do
- The role involves managing the data domain and enhancing the ownership framework while ensuring compliance with regulatory standards. It requires collaboration with various stakeholders to drive data strategy execution and address data issues.
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