Business Strategy & Initiatives Manager

Business Strategy & Initiatives Manager Jersey City, New Jersey;Charlotte, North Carolina 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: The Global Markets Risk (GMR) COO team is responsible for ensuring "best-in-class" Operations and Control framework alongside consistent risk governance processes across GMR. The team supports a number of Board and Governance/Management Risk Committee deliverables for GMR, including organizing, reviewing and challenging submission materials. The team manages the detailed policy process, business operations, and risk and controls responsibilities. GMR is looking for a highly motivated individual to support key risk governance and strategy deliverables. Given the team's consolidated view of the GMR organization, the team also supports key deliverables for the Global Markets Chief Risk Officer, including internal and external presentations, consolidated risk reporting and analysis, and briefing materials. Key Responsibilities will span across two core areas: Business Operations/Controls: • Manage Business Operations activities including, but not limited to: Business Continuity Planning, Events Management, Location Strategy and Access Management • Supports executive routines such as Quarterly Business Reviews and executive performance reviews, working with applicable SMEs for inputs as required • Develops and supports executive communication strategy and execution including but not limited to supporting Town Halls/All Hands meetings, Associate Survey analysis and action planning/tracking/messaging at all levels • Support employee engagement in close partnership with EDIC leads, HR/Learning Partners to drive comprehensive approach across key stakeholder groups. • Strategic Priorities: Ensure delivery against GMR Strategic priorities identified via GMR offsite, ESAT survey results. • Operational Excellence: Drive GMR engagement and timely delivery of various deliverables related to OpEx program. • Management Controls Committee: Responsible for supporting GMR delivery of enterprise-wide initiative with increased focus and scrutiny to ensure process and control effectiveness, drive efficiency and reduce operational risk. • Fundamental Review of the Trading Book (FRTB) Regulations: Drive GMR FRTB Forum and influence discussions across GMR to ensure compliance with the FRTB Regulatory Rules across various jurisdictions. Governance/ Executive Reporting: • Managing governance activities for GMR including setting the agenda with the co-chairs, collecting materials, distributing materials to committee members and regulators • Managing the GMR policy process which includes drafting, socializing, and implementing key policies within GMR • Drafting written executive-level communications (e.g., memos and presentations) • Supporting key deliverables for the regional GMR Chief Risk Officer, including internal and external presentations and briefings • Performing ad-hoc analysis on various risk and regulatory topics and engaging with Legal and Regulatory Relations teams in responding to regulatory inquires and issues. Required Qualifications: • 10+ years of experience in financial services industry or experience in a related field covering business operations, Controls and governance based activities. Some of the desired attributes include: • Ability to think strategically across GMR to identify opportunities to improve overall performance efficiency. • Ability to challenge the status quo, produce appropriate changes and implement goals • Strong partnership and relationship building skills with the ability to influence • Ability to track performance and analyze data/progress metrics to benchmark against short and long-term goals • Acts as trusted advisor across GMR and with key stakeholders across the broader organization • Ability to develop comprehensive plans around key control priorities and ensure all accountable parties understand respective roles/responsibilities • Strong analytical, and organizational skills; focus on attention to detail • Excellent written / verbal communication skills and executive presence. • Proven ability to develop executive ready communications and presentations. Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - NJ - Jersey City - 525 Washington Blvd (NJ2525) Pay and benefits information Pay range $126,000.00 - $154,000.00 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. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "EEO is the Law" poster, CLICK HERE ( . To view the "EEO is the Law" Supplement, CLICK HERE ( . View the LA County Fair Chance Ordinance ( . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America's Drug-free Workplace and Alcohol Policy, CLICK HERE . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

Created: 2024-11-04