Bank of America

Project Manager

US
USD 67k - 102k
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. 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 a diverse and 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.

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 managing cross-functional and/or inter-departmental projects for Line of Business products, processes, functions, and employee readiness. Key responsibilities of the job include partnering with the business to develop a plan to sustain change, evaluating current methods, and developing strategies to implement changes and project improvements. Job expectations include overseeing projects, using appropriate tools to drive project completion, and serving as a secondary point of contact to department managers for critical change initiatives.

The role will be as a Project Manager working on the Operations Change and Transformation team for Global Markets initiatives.  The key purpose of the Change & Transformation Project Manager is to partner with the business & support partners with responsibility for prioritizing, sponsoring and implementing multiple and varied change initiatives driven by business, legal, regulatory, compliance or market requirements.  The change portfolio includes a mix of strategic, discretionary and mandated initiatives.  The discretionary items aim to improve the client experience, support revenue growth, reduce operating costs, improve processing efficiency/control and support the delivery of new products and services.  Mandates are driven by legal, regulatory, compliance or market changes.
The extent of the Change & Transformation team involvement in projects depends on the ownership, nature, scale and complexity of each. For some projects the team manages the initiative from inception through to implementation of the solution. For others, the team is accountable for just part of the project life cycle, such as production of a business case and requirements or co-ordination of user acceptance testing.  In delivering a project, the team works closely with the Global Markets Operations functions, as well as other stakeholders including the Front Office, Technology, Finance, Tax and Treasury
This role's primary focus is the project management focused on Transaction Reporting within Regulatory Change.
There are multiple streams of work within the Operations Change Transaction Reporting Portfolio which include changes across each LOB to be compliant with various regulations such as MIFID II, EMIR, CFTC, SFTR amongst others.  This role will also involve partnering with our Operations & Technology teams to define and build out solutions for the post implementation gaps including coordination of SIAIs, tail risk co-ordination and delivery. 

Responsibilities:

  • Oversees the execution of defined project tasks through tracking of deliverables and their statuses, developing project plans, and measuring progress against ongoing key performance indicators
  • Leads project and/or remediation requirement documentation efforts based on identified gaps and controls needed for sustained performance
  • Plans and organizes projects using appropriate tools and techniques, including Technology platforms used by client facing employees, change management tools, and risk and issue management tools to ensure efficient and effective project completion
  • Navigates across various Lines of Business and partner organizations, including Technology and Risk, leading them to negotiate decision making for efficient and effective resolution
  • Supports the adoption and sustainment of change initiatives and helps assess adoption risks
  •  Develops, maintains, and reports on an overall integrated delivery plan, raising any risks, developing a mitigation plan, and escalating issues appropriately to respective stakeholders

    Required Skills: The responsibilities of the successful candidate will include participating in and/or ownership of the following functions:
    • Problem analysis and definition
    • Co-coordinating activities across the project team
    • Identifying and managing project risks and issues
    • Managing small to medium sized projects.

    • Significant experience working in project / change management
    • Previous global markets / regulatory projects background advantageous
    • Strong business partnering skills with individuals across the organization
    • Desire to work in a dynamic and fast-paced environment
    • Previous team management experience with small to mid-size teams
    • Strong verbal and written communication skills
    • Ability to prioritize work and meet deadlines
    • Ability to work independently
    • Management of strict deadlines
    • Experience with DAIC and Agile methodologies
    o Developing project schedules and milestones
    o Maintain and publish project documentation
    o Managing project implementation and reporting on progress against plan and budget utilization
    o Identifying and managing project risks and issues
    o Running working groups as required
    o Conducting post-implementation reviews in order to draw out lessons learnt and ensure benefit realization
    • Assisting with the implementation of large market mandatory and regulatory projects
    • Managing acceptance testing in line with testing strategy where applicable
    • Conducting post-implementation reviews in order to draw out lessons learnt and ensure benefit realization.
    • Participating in the continuous improvement of processes and quality standards.

    Desired Skills:

    • Planning and Organization
    • Manages own time well, agreeing priorities. Multi-tasks effectively, works well under pressure and meets tight and changing deadlines.
    • Creates and maintains clear project plans and other project related documentation.
    • Communication Skills
    • Communicates clearly and concisely, verbally and written.
    • Confident when hosting a meeting or conference call.



    This role provides an excellent opportunity to build an extensive network across operations, requiring interaction with front office, support operations and technology.

    Additional Responsibilities:
    • Serving as a primary contact to senior department managers for critical change initiatives
    • Communicating, influencing and negotiating to obtain or leverage necessary resources
    • Creating a clear, coherent approach to guide effective program/initiative setup, execution, and control
    • Ensuring clearly defined responsibilities and accountabilities for key program/project roles
    • Integrating knowledge of end-to-end business process into program planning and decision making
    • Developing, maintaining, and reporting on an overall integrated delivery plan
    • Participate in strategic and horizontal activities as directed by management
    • Encouraging the identification, escalation and timely mitigation of work stream and program risks
    • Performing reviews of work streams and supporting technology activities
    • Anticipates risks and obstacles and devises plans to manage them
    • Pursues aggressive goals and continuously raises performance expectations to achieve excellence
    • Challenges the status quo and seeks opportunities for improvement
    • Holds others to account for their responsibilities
    • Strong analytical and problem solving skills

    Shift:

    1st shift (United States of America)

    Hours Per Week: 

    40

    Pay Transparency details

    US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101)

    Pay and benefits information

    Pay range

    $67,400.00 - $102,300.00 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
    Bank of America
    Asset Management Banking Finance Financial Services FinTech

    0 applies

    9 views

    There are more than 50,000 engineering jobs:

    Subscribe to membership and unlock all jobs

    Engineering Jobs

    60,000+ jobs from 4,500+ well-funded companies

    Updated Daily

    New jobs are added every day as companies post them

    Refined Search

    Use filters like skill, location, etc to narrow results

    Become a member

    🥳🥳🥳 452 happy customers and counting...

    Overall, over 80% of customers chose to renew their subscriptions after the initial sign-up.

    To try it out

    For active job seekers

    For those who are passive looking

    Cancel anytime

    Frequently Asked Questions

    • We prioritize job seekers as our customers, unlike bigger job sites, by charging a small fee to provide them with curated access to the best companies and up-to-date jobs. This focus allows us to deliver a more personalized and effective job search experience.
    • We've got about 70,000 jobs from 5,000 vetted companies. No fake or sleazy jobs here!
    • We aggregate jobs from 5,000+ companies' career pages, so you can be sure that you're getting the most up-to-date and relevant jobs.
    • We're the only job board *for* software engineers, *by* software engineers… in case you needed a reminder! We add thousands of new jobs daily and offer powerful search filters just for you. 🛠️
    • Every single hour! We add 2,000-3,000 new jobs daily, so you'll always have fresh opportunities. 🚀
    • Typically, job searches take 3-6 months. EchoJobs helps you spend more time applying and less time hunting. 🎯
    • Check daily! We're always updating with new jobs. Set up job alerts for even quicker access. 📅

    What Fellow Engineers Say

    Michael Duran avatar
    Michael Duran
    Software Engineer
    I've been using this job search site for a while now, and it’s honestly one of the best out there! The clean and easy-to-navigate UI makes the whole job-hunting process so much smoother. Plus, the job postings are always up-to-date, so I never feel like I’m wasting time. The cherry on top is the owner—super kind and always quick to respond. Definitely recommend checking it out if you're on the job hunt!
    Aug 21, 2024
    Sai avatar
    Sai
    It’s really great website for finding jobs based on skills it’s really helpful give a go
    Aug 21, 2024
    Adinadh avatar
    Adinadh
    What I like most about Echo Jobs is how easy it is to use. The platform helps me quickly find jobs that match my skills and interests, thanks to its great recommendations and filters. Yes, I would definitely recommend Echo Jobs to a friend. It makes job searching simple and efficient, making it a great tool for anyone looking for a new job.
    Jul 23, 2024
    As a student navigating the job market, I've found LinkedIn increasingly frustrating due to numerous fake postings by consultancies. In contrast, this job posting website has been a game-changer for me. It offers genuine opportunities and a straightforward application process, making it much easier to find and apply for real jobs. Highly recommend it to fellow students seeking reliable job listings!
    Jul 16, 2024
    Cliff Gor avatar
    Echo Jobs has been exceptional in my job hunt where it provides one platform to job hunt and I don't have to open 10 websites just to look for a job. It has also helped me focus much on the job skill and the location filtering out the onsite jobs and remote ones. The only feature that I would request is to display fully remote jobs that are not restricted to a country since the one available shows ie, Remote, US yet. But if it could show remote only, that would be helpful not only to me but to other people applying for full remote and not tied to only US candidates
    Apr 22, 2024
    I found EchoJobs in 2022, and I love it. It has a lot of remote jobs. It's exclusive to software and technology jobs (helpful for devs like me). What I like the most are its filters and its API. If you're a tech professional seeking remote work, I highly recommend giving it a try to EchoJobs.
    Mar 4, 2024
    Would definitely recommend it! Excellent product, dedicated founder, Jobs are easier to find. Congrats 🎉 to the entire team!
    Mar 3, 2024
    Brandon Banks avatar
    Brandon Banks
    Echo Jobs is really impressive. It provides a great user experience with an ability to quickly search through the many job postings. There is an impressive amount of jobs here and it is quickly updated. The details in the each job posting is helpful when determining if it is worth pursuing. I would highly recommend using Echo Jobs to find the next step in your career.
    Mar 2, 2024
    Tyler Young avatar
    Tyler Young
    tylerayoung.com
    Best wishes with EchoJobs—it's become my favorite job board overnight!
    Dec 16, 2023
    Simply put, it's the most up to date tech jobs aggregator I’ve found. I'm like... "I don't have to check 10+ jobs boards daily just to see if there's a new job listing? sign me up!" The filters are also quite helpful! The UI is very clean and straightforward. Love it!
    Oct 5, 2023