Cloud Control Objectives & Regulatory Compliance - Senior Delivery

Job Description:

Job Title: Cloud Control Objectives & Regulatory Compliance - Senior Delivery

Corporate Title:  SVP

Location:  Chester or Dublin

Company Overview:

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!

Location Overview:

Chester

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

Dublin

Our Central Park office in Leopardstown, boasts modern facilities based in Dublin’s premium business park. With an onsite gym and staff restaurant, all your daily needs are conveniently catered for. Travel options include the LUAS network and the Central Park shuttle service between Dublin City Centre and Central Park. We also provide tax saver tickets as part of our award-winning benefits package, which means getting to work has never been so easy.

Role Description:

As a Senior Delivery Lead you will be responsible for planning and coordinating the execution of large program deliverables which requires engagement across multiple organizations. Key responsibilities for this role, include communicating target outcomes, coordinating delivery, resource planning, providing visibility of program health, and managing program risks, compliance, and financials. Job expectations include ensuring delivery meets Bank of Americas expectations in terms of the target outcomes, timeline, and cost and facilitating sync points between business and technology leaders and Risk and Compliance partners. This role is within the Cloud Governance team that manage the end-to-end process of Regulatory impacts to the Cloud defined by Laws, Rules, and Regulations (LRR’s). The role ensures compliance with applicable global LRR’s and internal policies and procedures to reduce exposure to financial loss, reputation harm or regulatory sanctions. The role will also have responsibility for the evaluation, mapping, and alignment to common cloud industry standards.

Responsibilities:

• The Cloud Governance role will be responsible for monitoring of the Compliance alert queue to ensure timely notifications are being met in accordance with the Laws Rules and Regulations that align to Cloud/Cloud Service Providers.

• The investigation/review of the Cloud Controls to understand impacted Controls and review of Cloud Inventory to ensure timely compliance to the LRR has occurred.

• The communication of new LRRs as the landscape of Cloud changes to management.

• Conducting assessments of current and new global regulatory requirements related to cloud, identifying gaps, and providing recommended remediation actions.

• Development of appropriate mappings of bank and third-party managed cloud controls to specific regulatory requirements.

What we are looking for:

• You will be needed to lead and coordinate routines to support the delivery of large programs, such as kick-offs, status reviews, stakeholder meetings, change controls, and tollgates

• Broaden relationships with business and technology leaders across multiple organizations, as well as Compliance and Risk

• Establish target outcomes in partnership with stakeholders and leaders

• You will be tracking success metrics and provide a status update to stakeholders and leadership pertaining to the target outcomes, delivery, performance, risks, issues, and schedule

• Collaborates with sponsors and stakeholders to ensure that execution is aligned with deliverable requirements

• Manages program financials and supports resource planning

• Ensures adherence with Enterprise Change Management standards

• Enable the Bank's Cloud Strategy while maintaining compliance with policies, controls, and regulations, driving operational excellence and industry best practices for financial services cloud computing

• Competent in the interpretation of laws, rules, regulations (LRR’s)

• Extensive number of years of experience working in a compliance/regulatory setting

• Critical Thinking – Manage by Fact

• Ability to balance risks in ambiguous and complex situations

• Drive continual service improvement, with excellent communication skills

• Experience in data protection and legal compliance

Skills that will help:

• We are looking for someone who is highly motivated to contribute and grow within a complex area of emerging importance                     

 • Knowledge of global cloud and third-party outsourcing regulations related to financial services firms. Relevant regulations include but are not limited to: PRA/FCA Third Party & Cloud Outsourcing, PRA/FCA Operational Resiliency, EBA Cloud Outsourcing, DORA, EU Data Act, and UK and EU Data Protection Regulations.

• Knowledge of CSM – CCM/CAIQ and CRI - Cloud Profile 2.0

• Knowledge of Cloud Security Review Process and Permit to Send

• Knowledge of NIST (National Institute of Standards & Technology), Cloud related frameworks and regulations related Bank of America policies and standards

• Industry certifications such as CSA CCSK/CCAK, ISC2 CCSP, AWS/Microsoft/Google CSP specific cloud knowledge certifications

Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.