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 (GPS) Data & AI Strategy and Management team (DSM) is looking for a Data Manager (DM) for the Global Transactions Services, part of the GPS team which is a ~$15bn business who will focus on Governance, Policy Compliance & Regulatory Response.
The DM will be driving forward DSM 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 Manager - Governance, Policy Compliance & Regulatory Response will be focused on supporting the DSE day to day in driving adoption of policy while actively managing the many ongoing initiatives.
The Data Manager 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 and create and consolidate data health reporting results across GPS
The DSM team is strategically placed in the line of business to enable direct alignment with key business leaders to drive maximum impact. Members of the DSM 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.
This role will require a unique blend of payments expertise and an in-depth understanding & knowledge of data.
The DM will report to the Data Strategy Management Executive (DSME) as a part DSM team and connected to the Enterprise Data Strategy and Governance Organization (EDGSO)
Required skills: "Must" have these skills to be minimally qualified
•6+ years of experience in a Data Management or Data Controls and Governance 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)
•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:
2+ years of experience in a Payments role
•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.
•Experience with dealing with complexity of Global data issues and regulations.
•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.
Bachelor's degree or equivalent work experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
