Job Description:
About Us
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!
Job Description:
This job is responsible for overseeing 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 serving as the primary contact to department managers for critical change initiatives and communicating, influencing, and negotiating vertically and horizontally to obtain or leverage resources. Job expectations include delivering regulatory and executive material and ensuring results align to program strategy, simplification, and new capabilities.
Line of Business Job Description:
We have an exciting opportunity for a Program Manager to join our AML Strategy and Enablement team. The Program Manager will manage a portion of an enterprise initiative related to our go-forward strategy for updating AML/KYC client information. This includes all elements of the project life cycle, inclusive of people/process/technology from initiation through implementation.
The Program Manager will work directly with management of enterprise AML/KYC leaders to define the structure, process, and requirements for the solution as well as to document evidence of key milestones and decisions for regulatory oversight.
We are looking for a strong leader with an enterprise process improvement mindset, ability to challenge and influence stakeholders, and with excellent analytical and critical thinking skills.
Responsibilities:
- Defines program controls, processes, procedures, reporting cadence, decision governance structures, and ways of working with key stakeholders
- Works 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
- Monitors 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.
- Analyzes present-state for enterprise AML/KYC refresh program, and builds, socializes, and delivers a comprehensive strategy for the desired AML program change
- Represents the health and status of program and projects, through effective verbal and written communication channels, to Change executive and senior stakeholders
- Partners with sponsors to support and maintain momentum and plans for the delivery of the projects
- Ensures high quality artifacts throughout the project life cycle are created, delivered, and stored in alignment with milestone requirements
- Implements best-practice routines to capture and manage the end-to-end plan of record
- Ensures stakeholder engagement and keeps them informed of progress
- Tracks and escalates risk and issues at the program level
- Communicates, influences, and negotiates both vertically and horizontally to obtain or leverage necessary resources
- Integrates end-to-end business process into program planning and decisioning processes
- Ensures clearly defined responsibilities and accountabilities for key program/project roles
- Supports team members with escalations and impediments on projects
- Adheres to and delivers on enterprise change management standards
Required Qualifications:
- At least 8 years of project/program management experience
- Experience managing People, Process, Technology Projects and understanding various technologies and infrastructure concepts
- Excellent project management skills, including the ability to prioritize work and meet deadlines
- Ability to identify and propose the tasks & deliverables that will be necessary to achieve the desired outcome
- Strong business centric mindset with ability to utilize sound business judgment and tailor approach to drive optimal business outcomes
- Knowledge of structured project management methods
- Ability to lead cross-functional workgroups and champion initiatives
- Competent with MS products: Word, Excel, PowerPoint, Project, and Visio
Desired Qualifications:
- Prior experience in Global Operations and/or enterprise AML/KYC processes
- Prior experience in planning, leading, delivering associate and client readiness plans
- Excellent verbal and communications skills. Provide clear, concise direction to the broader team while delivering comprehensive status to senior executives or project champions.
- Initiative-taker who can take ambiguous information and drive to logical outcomes while constantly challenging the status quo
- Believes in the value of an inclusive workplace for all employees to achieve their goals and meet the needs of our clients.
- Excels in ambiguity
- Experience working in a global environment
- Bachelor’s Degree or equivalent experience
Skills:
- Program Management
- Project Management
- Reporting
- Consulting
- Problem Solving
- Leadership Development
- Performance Management
- Collaboration
- Presentation Skills
- Prioritization
- Issue Management
- Risk Management
- Process Design
- Process Performance Management
- Oral Communications
Shift:
1st shift (United States of America)
Hours Per Week:
40
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