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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
This role directly supports execution of key priorities related to effectively managing model governance for Global Technology. This role will coordinate model technology risk and control governance execution and routines horizontally across Global Technology. The strongest candidates will have a love for investigating, analyzing and problem solving; great partnership and communication skills; and ability to understand the details, as well as synthesize them into meaningful recommendations, conclusions, and management reporting.
Responsibilities:
- Define and lead risk mitigating strategies to address key areas to ensure conformance with the Enterprise Model Risk Management and Artificial Intelligence Policies
- Partner with multiple technology organizations, divisional leads within Global Technology & Line of business
- Work closely with stakeholders to coordinate updates, metrics and review materials as needed to support routines; perform quality review before final submission to senior management and / or other stakeholders
- Coordinate, maintain, and communicate to cross divisional stakeholders a schedule of deliverables and routine timelines to ensure commitments are met on time
- Actively participate in efforts to define and manage ongoing execution of Model Risk KRIs
- Other technology model risk and governance related activities as necessary; which may include engagement in audits / exams of model risk management topics; engagement in issues management; or engagement in other technology model risk and control programs and efforts
- Manage cross functional model governance programs and projects
- Identify opportunities for enhancing or streamlining execution of model risk management processes; partner across multiple divisions to execute
Required Qualifications:
- 3+ years recent experience in a Risk & Control environment
- Communicates complex technical subject matter into clear, concise language suited for various audiences
- Demonstrated increasing levels of accountability and ownership
- Demonstrated ability to operate as a change agent and driving change across diverse stakeholders’ groups
- Strong collaboration and partnering skills with ability to positively influence and motivate teams
- Comfortable with ambiguous situations capable of analyzing, simplifying, and collaborating to solve complex problems
- Strategic thinker, self-starter, organized, versatile, and capable of performing work with minimal management oversight
- Ability to coordinate and drive execution of priorities and meet deadlines to adhere to policies and standards
- Can quickly “connect the dots” to demonstrate ability to identify and perform thematic analysis
- Competency with Microsoft Office: Outlook, Word, PowerPoint, Excel
Desired Qualifications:
- AI and Model operations experience
- Technology platform owner and/or Technology operations experience
- Proven experience in implementing related requirements of Compliance and Operational Risk Programs, including risk assessments and issues management
Skills:
- Controls Management
- Oral Communications
- Risk Management
- Stakeholder Management
- Strategy Planning and Development
- Continuous Improvement
- Drives Engagement
- Influence
- Strategic Thinking
- Talent Development
- Data and Trend Analysis
- Decision Making
- Monitoring, Surveillance, and Testing
- Problem Solving
- Quality Assurance
Shift:
1st shift (United States of America)
Hours Per Week:
40
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