Business Strategy & Initiatives Executive

Job Description:

Job Title:  Business Strategy & Initiatives Executive

Corporate Title: Up to Managing Director

Location: Paris

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.  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 a diverse and 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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.  Join us!

Location Overview:

Based in the 8th arrondissement and within the Parisian Golden Triangle, our beautiful Art-Deco era office benefits from luxury modern workspaces, an abundance of natural light and is easily accessible by public transport.

The Team:

The International CRO Governance and Strategy team is responsible for ensuring “best-in-class” and consistent risk governance processes across the organization. The team supports the management of the EMEA Legal Entity Board and Management Risk Committees, including organizing, reviewing and challenging materials. Given the team’s consolidated view of the risk organization, the team also supports key deliverables for the Chief Risk Officers (CRO), including internal and external presentations, consolidated risk reporting and analysis, and briefing materials.

Role Description:

The Business Strategy and Initiatives Executive executes business/strategic planning process and drives execution of key strategic initiatives.

The role also sets and implements consistent processes and standards around key activities including staffing, technology, capacity planning, financial planning and management, employee enablement, engagement and communications, learning/training, governance and strategic initiatives for the Global Risk organization.

This role leads reporting and analytical efforts and leads the design, development, execution and continuous improvement of reporting and dashboards. The Business Strategy and Initiatives Executive provides leadership direction and attracts, assesses, develops, motivates and retains a successful team. This role ensures consistent quality of activities, processes and outputs by establishing effective review of practices across the team.

Responsibilities:

The team is looking for a highly motivated individual contributor to support key risk governance and strategy deliverables. Responsibilities will include:

Risk Governance

• Responsible for the running of Bank of America Securities Europe SA’s (BofASE) Board and Management Risk Committees, including organizing, reviewing and challenging materials

• Drafting written executive level communications (e.g., memos) and presentations for the CRO, which requires an interest and deep understanding of BofASE and its key risks

• Partnering across the Risk organization to ensure consistent risk reporting that aligns to BofASE’s top risks and communicating these risks and issues in a thematic way

• Building relationships and networking across the organization (including within Global Risk Management) and gaining a broad knowledge of key and emerging risks across the enterprise

CRO strategic initiatives support; Business Control and Operations

• Leading entity strategic initiatives and routines in support of the CRO

• Supporting key deliverables for the CRO, including internal and external presentation and briefings

• Performing ad-hoc analysis on various risk / regulatory topics and themes

• Leading efforts to drive operational excellence and process improvement across the broader team

• Working in collaboration and coordination with the wider (enterprise and regional) Global Markets & International Risk and Global Risk Management business controls and operations teams, drive and co-ordinate the risk team in the following areas:

• Business Operations

• Budgeting and Expense Management

• Learning Development, Training, and Audience Identification

• Personnel Processes

• Business Continuity and Disaster Recovery

• System Access Management

• Real Estate Planning

• Initiative Management: Tech and Non-Tech

What we are looking for:

• Bachelor’s degree

• Fluent in English written and verbal (French language fluency is not mandatory)

• Extensive financial industry or risk experience

• Ability to lead across teams, cultivate a positive culture, ensure collaboration across the enterprise

• Strategic thinker.  Comfortable with senior leadership level. Excellent relationship skills.

• Excellent communication skills: ability to communicate effectively both in writing and verbally and to feel comfortable delivering insights and recommendations to senior management

• Comfortable taking initiative and being resourceful/entrepreneurial

• Excellent analytical skills and ability to effectively challenge or identify limitations and assumptions

• Knowledge of the company’s businesses and products

• Organized and an eye for detail

• Intellectually curious

Benefits of working at Bank of America:

France

• Competitive retirement plan in addition to State plans

• Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.

• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers

• Life and disability insurance

• Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later

• Reimbursement of 50% of your commuter pass

• Nursery scheme for children under age 3

• Works council benefits

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

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

• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

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 gender/sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status,  socio-economic background, responsibility for dependants, family status 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.