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. 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!
Job Description:
At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into payment solutions for our clients globally - across all segments and industries.
The Global Payments Solutions Data & AI - Data Strategy and Governance team (DSG) is looking for a Data Governance Lead for Global Transactions Services, part of the GPS team which is a ~$15bn business who will focus on data governance and controls inclusive of governance initiatives, data quality / data testing, and supporting regulatory response.
This role will be driving forward DSG team goals while building bridges with all partner teams including subject matter experts and leaders globally in the business, technology, and operations. Additionally, the Data Governance Lead will be focused on managing data governance initiatives, intake and facilitation of data testing and regulatory requests.
The Data Governance Lead will work with Line of Business partners, including Compliance, Audit, and Risk to understand needs and produce data solutions, often times in partnership with Technology.
The DSG team is strategically placed in the line of business to enable direct alignment with key business leaders to drive maximum impact. Members of the DSG team will be encouraged and expected to learn more than the core role requires, fundamental understanding of the business of payments will play a key role in what we aim to achieve together. The team’s mandate places a dual focus on:
1.Data strategy including building and executing data strategy that enables the business, and
2.Data governance/management including driving adoption of enterprise data management policies and standards across GTS including for fit-for-purpose for Regulatory Reporting and other critical data uses; facilitating and providing governance and oversight of GTS data incidents; active engagement and support of enterprise data testing effort; active engagement of enterprise data initiatives and support of internal/external regulatory and audit exams and issues; and much more.
This role will require a unique blend of payments expertise, an in-depth understanding & knowledge of data, and heavy program management experience to drive all governance initiatives forward.
The Data Governance Lead will report to the Data Strategy Management Executive (DSME) as a part DSG team.
Required Skills: "Must" have these skills to be minimally qualified
•3+ years of experience in a Data Governance or Data Controls and Data Management or Payments role with a Data focus
•Drive adoption of and adherence to internal data management policies and standards (i.e.: Enterprise Data Management and Global Records Management)
•Expertise with Excel and PowerPoint to be able to analyze open issues and communicate with / align together varying teams
•Heavy experience and responsibility with building and executing process and procedures as well as program management of process and procedure execution
•Able to facilitate and provide governance and oversight on GPS data incidents including driving internal assessments, prioritization, and funding impacts.
•Hands-on, applied experience with Enterprise Data Management Policy/Standards, data governance concepts and frameworks including industry best practices.
•Knowledge of data management disciplines, including data strategy, data governance, data architecture, data security, etc.
•Support and manage data controls environment and drive calibration of data controls in Single Process Inventory
•Creation and execution of GPS data strategy and roadmap along with managing ADS adoption strategy
Desired skills:
•Strong relationship management skills to navigate the complexities in a large, distributed organization.
•Understanding of applicable internal policy and standard requirements, including deep understanding of EDSGO-owned policy & standard requirements.
•Ability to apply the core concepts of data risk management, including identification, assessment, and remediation of risk while driving health reporting of risks.
•Hands-on or have closely worked with complex data landscapes.
•Experience with managing data in high scale and high complexity application ecosystems (ie hundreds of applications)
•Experience in solving data infrastructure challenges with large Legacy data application.
•Deep understanding of project management framework and fundamentals; PMI certified.
•Excellent verbal and written communication skills and ability to simplify and summarize complex data priorities / technical concepts
•Highly detail oriented
•Ability to work in fast-paced, work-intensive organization and be able to adapt to changing priorities while delivering with high accuracy
Shift:
1st shift (United States of America)
**Hours Per Week: **
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$105,000.00 - $135,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.