Program Manager

at  Bank of America

New York, New York, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate18 Jun, 2024USD 187700 Annual19 Mar, 2024N/ALeadership Development,Decision Making,Collaboration,Communication Skills,Conflict,Issue Management,Powerpoint,Program Management,Stakeholder Management,Process Design,Presentation Skills,Pmp,Continuous Improvement,Surveillance,Performance ManagementNoNo
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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. 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:

This job is responsible for overseeing programs and projects specific to corporate change initiatives that impact how the bank does business, provides a product or service, or executes a function. Key responsibilities include serving as the primary contact to department managers for critical change initiatives and communicating, influencing, and negotiating vertically and horizontally to obtain or leverage resources. Job expectations include delivering regulatory and executive material and ensuring results align to program strategy, simplification, and new capabilities.
This job is responsible for overseeing programs and projects specific to corporate change initiatives that impact how the bank does business, provides a product or service, or executes a function. Key responsibilities include serving as the primary contact to department managers for critical change initiatives and communicating, influencing, and negotiating vertically and horizontally to obtain or leverage resources. Job expectations include delivering regulatory and executive material and ensuring results align to program strategy, simplification, and new capabilities.
This role is part of the Enterprise Credit Change team within ECATS. The Enterprise Credit Change team is responsible for ensuring Enterprise Credit is compliant with the Enterprise Change Policy and Standards, Provides Program and Project Management for Enterprise Credit initiatives and leads the Conversion off of legacy underwriting systems and onto CreditCenter as part of onboarding a Line of Business (LOB) to CreditCenter.

Responsibilities:

  • Leads the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
  • Performs monitoring and testing of controls, identifying issues and control improvements for remediation
  • Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
  • Manages the performance and productivity of team members that conduct quality inspection reviews
  • Ensures timely execution of QA activities including control execution, case management, and results reporting
  • Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
  • Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting
  • Defines program controls, processes, procedures, reporting cadence, decision governance structures, and ways of working with key stakeholders
  • Works closely with project sponsors, cross-functional teams, and assigned project managers to develop the scope, deliverables, required resources, work plan, budget, and timing for new change initiatives
  • Monitors the execution of defined tasks through tracking of program milestones and their statuses, developing program plans, and measuring progress against ongoing key performance indicators
  • Analyzes, evaluates, and overcomes program risks, and produces program reports for managers and stakeholders
  • Identifies key requirements for cross-functional teams and external vendors to perform in alignment with the program objectives
  • Works with other program managers to identify risks and opportunities across multiple projects within the department, leading them to negotiate decision making for efficient and effective resolution
  • Meets with stakeholders to provide transparency into project issues and decisions on services, builds positive relationships, asks questions, and uses tools to uncover root causes to challenges, identify opportunities, and make recommendations.

Required Qualifications:

  • 7+ years of program/project management experience
  • Strong planning and organizational skills and ability to balance a high volume of work under pressure, including the management of multiple programs/projects
  • Demonstrated ability to drive execution of complex change requirements successfully in a matrixed environment
  • Excellent written and verbal communication skills, coupled with the ability to influence, negotiate, persuade and resolve conflict at all levels
  • Enthusiastic, energetic, determined and positive – especially under pressure Critical thinker and risk-minded
  • Proficiency in various Project Management Tools and Microsoft Office products (i.e. Visio, Project, Word, Excel, PowerPoint, etc.)

Desired Qualifications:

  • Understanding of Bank of America Enterprise Change Standards, Policy and Tools
  • Enterprise Credit experience
  • Financial forecasting/budgeting
  • Very strong Presentation skills and superior working knowledge of PowerPoint
  • PMP or six-sigma certification is a plus, but not a requirement

Skills:

  • Controls Management
  • Risk Management
  • Strategy Planning and Development
  • Oral Communications
  • Stakeholder Management
  • Continuous Improvement
  • Drives Engagement
  • Influence
  • Strategic Thinking
  • Talent Development
  • Monitoring, Surveillance, and Testing
  • Quality Assurance
  • Data and Trend Analysis
  • Decision Making
  • Problem Solving
  • Program Management
  • Project Management
  • Reporting
  • Consulting
  • Problem Solving
  • Leadership Development
  • Performance Management
  • Collaboration
  • Presentation Skills
  • Prioritization
  • Issue Management
  • Process Design
  • Process Performance Management

Responsibilities:

  • Leads the assessment of the design and effectiveness of the risk and control environment to support Client Operational Services and ensure adherence to enterprise-wide standards
  • Performs monitoring and testing of controls, identifying issues and control improvements for remediation
  • Leads the implementation of optimized controls and enhanced Quality Assurance (QA) practices to support business continuity efforts
  • Manages the performance and productivity of team members that conduct quality inspection reviews
  • Ensures timely execution of QA activities including control execution, case management, and results reporting
  • Manages and reviews all operations front line unit responses for regulatory exams, internal audits, and other monitoring and inspection reviews
  • Ensures accuracy of data and that relevant information is captured for inspection metrics to support governance for dashboard reporting
  • Defines program controls, processes, procedures, reporting cadence, decision governance structures, and ways of working with key stakeholders
  • Works closely with project sponsors, cross-functional teams, and assigned project managers to develop the scope, deliverables, required resources, work plan, budget, and timing for new change initiatives
  • Monitors the execution of defined tasks through tracking of program milestones and their statuses, developing program plans, and measuring progress against ongoing key performance indicators
  • Analyzes, evaluates, and overcomes program risks, and produces program reports for managers and stakeholders
  • Identifies key requirements for cross-functional teams and external vendors to perform in alignment with the program objectives
  • Works with other program managers to identify risks and opportunities across multiple projects within the department, leading them to negotiate decision making for efficient and effective resolution
  • Meets with stakeholders to provide transparency into project issues and decisions on services, builds positive relationships, asks questions, and uses tools to uncover root causes to challenges, identify opportunities, and make recommendations


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

IT Software - Other

Finance

Graduate

Proficient

1

New York, NY, USA