Back to search results

Asset Services Change Management Business Analyst

New York, New York

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. 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!

Job Summary

The Asset Services risk reduction program is seeking a change business analyst to deliver Asset Services front to back enhancements

GBAM Operations Transformation & Change supports Bank of America’s change program by partnering with functional and technology groups to prioritize and implement change initiatives driven by business, legal, regulatory, compliance or market requirements.

Responsibilities

∙ Change lead to coordinate activities across Front Office, Operations, Technology and other support partners
∙ Work with end users to define functional requirements and prepare User Acceptance Testing
∙ Manage User Acceptance Testing execution and Production parallel activities
∙ Track and communicate delivery status
∙ Identify and manage project risks and issues
∙ Adhere to enterprise change management standards

Job Description

Job Description:
This job is responsible for supporting programs and projects specific to corporate change initiatives that impact how the bank does business, provides a product or service, or executes a function. Key responsibilities include assisting department managers with critical change initiatives and communicating, influencing, and negotiating both vertically and horizontally to obtain or leverage necessary resources. Job expectations include delivering regulatory and executive material and ensuring results align to program strategy, simplification, and new capabilities. 

Responsibilities:

  • Assists with defining program controls, processes, procedures, reporting cadence, decision governance structures, and ways of working with key stakeholders 
  • Partners closely with project sponsors, cross-functional teams, and assigned project managers to develop the scope, deliverables, required resources, work plan, budget, and timing for new change initiatives
  •  Supports the execution of defined tasks through tracking of program milestones and their statuses, developing program plans, and measuring progress against ongoing key performance indicators
  • Analyzes, evaluates, and overcomes program risks and produces program reports for managers and stakeholders
  • Identifies key requirements for cross-functional teams and external vendors to perform in alignment with the program objectives 
  • Works with other program managers to identify risks and opportunities across multiple projects within the department, leading them to negotiate decision making for efficient and effective resolution
  • Meets with stakeholders to provide transparency into project issues and decisions on services, builds positive relationships, asks questions, and uses tools to uncover root causes to challenges, identify opportunities, and make recommendations

Required Skills

  Strong Asset Services domain knowledge
∙ Track record of delivering complex projects to plan
∙ Knowledge of structured project management methods covering planning, status tracking, risk & issue management and status reporting
∙ Ability to manage and communicate with support partners & stakeholders at varying levels of seniority
∙ Experience of partnering with SME’s for requirements gathering, test preparation and test execution
∙ Knowledge of Operational processing within Global Markets

Additional Desired Candidate Qualities

∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
∙ Excels in working among diverse viewpoints to determine the best path forward
∙ Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
∙ Commitment to challenging the status quo and promoting positive change.
∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Skills:

  • Process Design
  • Program Management
  • Project Management
  • Reporting
  • Strategy Planning and Development
  • Issue Management
  • Oral Communications
  • Presentation Skills
  • Prioritization
  • Problem Solving
  • Performance Management
  • Process Performance Management
  • Process Simplification
  • Risk Management
  • Workforce Planning

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24020169

Manages People: No

Travel: No

New York pay and benefits information

New York pay range:

$76,200 - $121,300 annualized salary, 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.

Street Address

Primary Location:
1133 Ave Of The Americas, NY, New York, 10036