Bank of America

Compensation

Full Description

Job Description: About Us 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 designing and overseeing common, reusable, and scalable software components which are either domain independent (e.g., generic data quality tools over billions of rows of data) or domain specific (e.g., classification models for surveillance or testing framework for Global Markets processes). Key responsibilities include enabling Global Risk Management's data and analytical capabilities. Job expectations include working with senior modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics. This role is responsible for contributing to the strategy, design and implementation of data architecture and reporting solutions for Anti-Money Laundering (AML). The individual will play a key part in shaping scalable data frameworks, establishing best practices, and delivering high impact reporting capabilities to support business decision making. Responsibilities: Seeks opportunities for consistent improvement in quality, efficiency, and processes Partners effectively with senior stakeholders within Global Risk Analytics and Enterprise Independent Testing, Front Line Units, Technology, Audit and Compliance Provides leadership and oversight to less experienced team members Applies quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements Understands financial data: schemas, flow, size, data issues, data controls, etc. Builds performant big data pipelines Uses programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes Technology architecture and design of the AML Technology capabilities - creating and maintaining technology roadmap for AML platform in partnership with Business Stakeholders Stability, resiliency, performance, and disaster recovery strategy/plans/testing of the AML platforms Alignment of technology strategy to enterprise data architecture principles Design and development best practices as well as review processes to ensure consistency Establishing quantitative metrics to demonstrate adherence to best practices Day-to-day oversight, management, and support of AML data platforms Reviewing tools & technologies to improve capabilities and performing proof of concepts to evaluate and integrate new tools & technologies Design and development of the foundational framework components to promote reusability across the platform Providing business domain subject matter expertise in AML Effectively manage resource allocations to match the budget and keep track of it Ensuring application LOB technology strategy adherence with overall regulatory technology strategy via deep domain and technology expertise and ongoing interaction with enterprise architecture Define the technology tool stack for the solution and evaluate and adapt new testing tool/framework/practices Guides and influences team(s) on design and best practices for high code performance –e.g. pairing, code reviews Conducts research, design prototyping and other exploration activities such as evaluating new technology Manage/track team compositions and maintain balance within Agile teams in regard to resource attrition (Dev) Required Qualifications: 5+ years of experience as an architect or development lead in a complex financial industry data environment Extensive experience working in a complex workflow automation Owns end to end solution architecture and design for a set of applications within the portfolio Extensive hands-on architecture, design and development experience with large-scale application & technology solutions with multiple stakeholders Extensive hands-on architecture, design and development of micro services general patterns and practices Demonstrate strong leadership, communication, analytical and organizational skills Contribute to improve process efficiencies/ Agile enablement etc. for the benefit of the organization Excellent communication skills, both oral and written Desired Qualifications: Reusable framework design/development experience Ability to work in a fast-paced environment to drive quality goals while meeting aggressive delivery deadlines. Ability to develop, convey and defend a point of view Demonstrated ability to influence without authority Skills: Critical Thinking Data Modeling Process Effectiveness Risk Modeling Test Engineering Influence Oral Communications Prioritization Relationship Building Written Communications Attention to Detail Change Management Minimum Education Requirement: Bachelor’s degree in related field or equivalent work experience The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - CA - Westlake Village - 31303 Agoura Rd - 31303 Agoura Road (CA6917) Pay and benefits information Pay range $145,000.00 - $185,000.00 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