Bank of America

Compensation

Full Description

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. 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 driving accurate, complete, and timely delivery of data. Key responsibilities include working with business stakeholders and technology teams to direct data management activities and ensure availability for use by appropriate consumers. Job expectations include managing execution within the enterprise data management standards, data quality, and control practices. The Enterprise Credit Analytics & Transformation Strategy (ECATS) team is part of the Enterprise Credit organization. The primary focus of the ECATS team is to produce and communicate high-quality, fit-for-use, and concise data and information related to Global Banking and Enterprise Credit data and information. This team is responsible for defining and enhancing Enterprise Credit data processes, including platforms, reporting, governance, data management and data remediation. This Data Manager role supports the ECATS Data Initiative and Strategy (DIS) team with a focus on data discovery and resolution. Responsibilities include supporting adherence to enterprise data quality standards, as well as, identification of capture, transport and data use issues. The Data Manager will perform impact assessments and data analysis, lead data remediation efforts, support prioritization and reporting of data quality issues, and engage with business and technical stakeholders. The scope of work includes defining how data is managed and sourced across multiple upstream lines of business and within the Wholesale Credit data infrastructure. The primary requirement is to create sophisticated, value-added analytics and solutions that support revenue generation, risk management, operational efficiency, regulatory compliance, portfolio management, and research. Traditional systems analysis skills are a plus. Responsibilities: Works with Line of Business partners, including Compliance, Audit, and Risk to understand needs and produce data solutions, often times in partnership with Technology Identifies gaps in data management standards adherence and works with appropriate partners to develop plans for resolution, including recommendations so that relevant risk and compliance policies and standards are met Analyzes emerging needs for data to address risk, regulatory, or business enablement priorities and appropriately plans for interim and target state solutions within data management policies Monitors key performance indicators and internal controls in accordance with established thresholds, standards, and policies Required Qualifications: • 3-5 years of Data Management experience (data quality, metadata management, governance, etc.) • Highly motivated, proactive and a self-starter; strong sense of ownership & ability to create and execute plans without daily oversight • Critical thinker; ability to analyze problems and identify both tactical and strategic solutions to address • Highly organized; able to effectively prioritize and balance multiple efforts in a fast-paced, regulatory driven environment • Experience with credit-related processes and systems including the distribution/use of credit data for analytics, modeling, and reporting • Able to identify and remediate risks in a timely manner • Able to navigate the enterprise / source information across multiple functions • Management experience with small to mid-size teams. • Excellent project management skills, including the ability to prioritize work and meet deadlines • Strong Microsoft Office Suite (Excel, PowerPoint, Visio, etc.) • Experience and strong understanding of data relationships • Excellent verbal and written communication skills • General knowledge of bank financial practices and policies Desired Qualifications: • Degree in business, computer science or related discipline • In-depth experience with Wholesale Credit products and functions; familiarity with Wholesale Credit policies and procedures • Familiarity with Wholesale Credit systems • Process design experience Skills: Data Management Data Modeling Data Quality Management Reporting Data Governance Product Management Project Management * Can be filled as a B4 or B5 position depending on experience Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information Pay range $86,000.00 - $180,000.00 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 is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document. Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. • Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage. Pay Transparency - https://careers.bankofamerica.com/en-us/pay-transparency Privacy Statement - https://careers.bankofamerica.com/en-us/privacy-notice