Risk Automation and Technology Strategy Manager

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 leading a team supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses.

Key responsibilities include managing the review and analysis of portfolio trends, directing the development of more complex databases or queries to extract data, and supporting the production of data for internal and external reporting needs.

Job expectations include working with Technology to implement changes necessary to support ongoing data needs.

The GRM RAPID (Risk Automation, Process Improvement and Design) group is a centralized cross-functional team tasked to enhance, simplify and improve processes, provide technology strategy and vision for platforms to drive Operational Excellence within Global Risk Management.

The Risk Automation and Technology Strategy Manager will be a leader who will leverage a strong analytical and consulting mindset to work with senior leaders on opportunities to enhance the efficiency and effectiveness of GRM teammates.

The role will lead work to streamline workflow and business processes and develop tools that help to automate manual processes, drive initiatives and technology strategy, develop best-practices and enhance capabilities in GRM by training and up skilling GRM employees on process design, key tools and technologies, and re-engineering selected processes for improvement.

Primary Responsibilities :

• Manages a portfolio of projects that drive efficiency and effectiveness within Global Risk Management
• Streamlines, automates and implements solutions to drive process efficiency and controls across GRM
• Leverages tools and technologies ("toolkit") to support GRM needs while broader scope tech solutions are being built over multi-year time horizon
• Develop visualization tools and dashboards to capture key risks for crisis management
• Develop tools to improve a variety of GRM processes including the CCAR stress data review and VaR validation and review
• Tracks and monitors the success of recently implemented tools and process enhancements
• Mentor and cross-train junior members of the team on the optimal usage of the toolkit
• Prepares and presents project and initiative proposals and updates to drive alignment and engagement on initiatives, and ensure stakeholders are informed about progress, challenges, and opportunities

Additional Responsibilities :

• Develops, executes, and enhances reporting to allow Risk and business partners to effectively identify and manage risk
• Manages the analysis of trends and oversees the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies
• Serves as a liaison between the data, technology, and reporting teams in support of strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met
• Manages database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data
• Responds to complex ad-hoc requests for information from both internal and external parties
• Leads cross-functional strategic efforts to remediate data quality issues
• Provides oversight of relevant systems and assures controls are operating effectively by monitoring outputs

Skills :

• Business Intelligence
• Data Visualization
• Issue Management
• Project Management
• Risk Management
• Business Acumen
• Continuous Improvement
• Risk Analytics
• Stakeholder Management
• Technical Documentation
• Adaptability
• Attention to Detail
• Data and Trend Analysis
• Performance Management
• Regulatory Relations

Required Qualifications :

• 7 years minimum work experience and background in Risk Management
• 7 years minimum experience working with initiatives, automation, analytics, and / or digital transformation
• Hands-on experience building automation workflows, data processes, and visualization dashboards with expert level knowledge of key tools and systems including Tableau, Workiva, Sharepoint, Microsoft Flow and Alteryx
• Strong knowledge of Global Risk Management needs, priorities and deliverables to build solutions to support the business
• Expertise in Microsoft suite of products (Office Online, Workiva) for automation of reporting and documents
• Applies critical thinking, analytical skills, and thoughtful, fact-based approach to solve complex problems
• Effective communication skills; able to communicate complex ideas in a clear manner to a diverse array of audiences
• Ability to manage multiple priorities and execute a high volume of competing priorities with acute attention to detail and accuracy
• Knowledge of various cloud and on-premise data platforms and ability to think strategically to combine data to provide optimal solutions

Shift :

1st shift (United States of America)

Hours Per Week :