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Regional Banking Strategy & Business Ventures

The Strategy & Business Ventures team operates as an internal strategic consulting function across four of the company’s eight major lines of business, including Retail Banking, Preferred & Small Business Banking, Business Banking and Global Commercial Banking.

We build and accelerate new business capabilities such as Client Experience, Product Innovation, FinTech, Strategic Ventures and Portfolio Management by leveraging and developing top talent, all in pursuit of Bank of America’s purpose to help make financial lives better through the power of every connection.

We’re a passionate, rigorous and fun-natured team that thrives in ambiguous and uncertain spaces, rapidly bringing new concepts to market, while building strong horizontal connectivity throughout the organization. We drive responsible growth by:

  • Launching growth plans to reach new markets by leveraging new technologies, expanding our reach with new clients and continuing to solve client needs.

  • Building new products and solutions through market sizing, client needs analysis, new product development and more.

  • Transforming operations on a national scale.

  • Launching new business ventures by developing new business models, piloting growth efforts and forming strategic partnerships.

Early-career employees participate in our Strategy and Management Development Program that prepares teammates to become future leaders at Bank of America. The program was recognized with a 2023 Brandon Hall Group Gold Award for Best Unique or Innovative Talent Acquisition Program. Program participants engage in a comprehensive training curriculum, are exposed to multiple parts of our business and learn how to develop new strategies to better serve our clients. Following completion of the program, employees pursue high-impact roles and functions such as Product Management, Business Development, Program Management, Strategic Planning, Marketing and Operations.

We value candidates with a team-first attitude, an uncommon desire to bring new concepts to life and a growth mindset to help unlock the potential in others.

 

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Corporate functions

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Technology & operations