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DATA MANAGER - GOVERNANCE, POLICY COMPLIANCE & REGULATORY RESPONSE

Bank of America • New York, NY 10001 • Posted 2 days ago

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In-person • Full-time • $125,000-$260,000/yr • Senior Level

Job Highlights

Using AI ⚡ to summarize the original job post

The Data Manager for Governance, Policy Compliance & Regulatory Response at Bank of America will focus on driving forward the Data & AI Strategy and Management team goals, building bridges with partner teams globally, and supporting the Data Strategy Management Executive. This role involves working with Line of Business partners, including Compliance, Audit, and Risk, to understand needs and produce data solutions. The position requires a unique blend of payments expertise and in-depth understanding of data, and reports to the Data Strategy Management Executive.

Responsibilities

  • Drive forward DSM team goals while building bridges with all partner teams globally.
  • Support the DSE in driving adoption of policy.
  • Actively manage ongoing initiatives.
  • Work with Line of Business partners to understand needs and produce data solutions.
  • Partner with Technology to create and consolidate data health reporting results across GPS.
  • Align directly with key business leaders to drive maximum impact.
  • Learn more than the core role requires and develop a fundamental understanding of the business of payments.
  • Drive adoption of enterprise data management policies and standards across GTS.
  • Facilitate and provide governance and oversight of GTS data incidents.
  • Support and manage the data controls environment.
  • Drive calibration of data controls in Single Process Inventory.
  • Create and execute GPS data strategy and roadmap.
  • Manage ADS adoption strategy.

Qualifications

Required

  • 6+ years of experience in a Data Management or Data Controls and Governance or Payments role with a Data focus.
  • Able to facilitate and provide governance and oversight on GPS data incidents.
  • Hands-on, applied experience with Enterprise Data Management Policy/Standards.
  • 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.

Preferred

  • 2+ years of experience in a Payments role.
  • Strong relationship management skills.
  • Understanding of applicable internal policy and standard requirements.
  • Ability to apply the core concepts of data risk management.
  • 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.
  • Experience in solving data infrastructure challenges with large Legacy data application.
  • Deep understanding of project management framework and fundamentals; PMI certified.

About Bank of America

Bank of America is a leading financial institution in the United States, offering a wide range of banking and financial services. Headquartered in Charlotte, North Carolina, the bank operates through a network of branches across the country. It provides products and services including checking and savings accounts, credit cards, mortgages, loans, investment solutions, and is actively involved in investment banking, wealth management, and corporate banking services.

Full Job 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: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, and2.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 strategyDesired 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 experienceShift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$125,000.00 - $260,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.SummaryLocation: New York; CharlotteType: Full time

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