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Bank of America Corporation

Process Design Executive - Model and Testing Standards and Oversight Team

Bank of America Corporation, Chicago, IL


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!

Overview of Model and Testing Standards and Oversight

The Model and Testing Standards and Oversight (MTSO) team provides standards and oversight for Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) that ensure GRA and EIT operate effectively and efficiently, and output is delivered to a high standard and within a robust governance framework.

Job Description Summary

The Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) team is seeking a Process Design Executive to advance the holistic representation and effectiveness of its process inventory and the inventory's interactions with connected Enterprise processes. The role will entail broad engagement across the breadth of GRA and EIT, as well as with senior stakeholders across a range of related Enterprise functions. The position sits within the Model and Testing Standards and Oversight (MTSO) team, a division of GRA and EIT.

Responsibilities

As a Process Design Executive within the Model and Testing Standards and Oversight team, you will be responsible for:
  • Driving consistency in process granularity across GRA and EIT's inventory of processes and connected upstream and downstream processes.
  • Ensuring that GRA and EIT's processes align with organizational and business objectives in a consistent manner across the inventory.
  • Collaborating with the Global Risk Management (GRM) Data Strategy and Management team to connect processes and data flows; establishing consistent representations of process and data-related information that support effective risk management.
  • Working with EIT leadership and GRM partners to connect processes and testing effectively.
  • Contributing to the advancement of process management within the Bank.
  • Engaging and collaborating with the GRA and EIT Process Management team, the Enterprise Process Management team, Process Owners, the Management Controls Committee, and Chief Risk Officers to achieve the above objectives.


Required Skills and Experience

The successful candidate will possess the following:
  • 7+ years' experience with proven leadership abilities
  • Extensive process analysis experience
  • Familiarity with process modelling approaches and tools
  • Excellent interpersonal skills at all levels of seniority
  • Proven ability to challenge the status quo and drive change
  • Strong analytical and problem solving skills
  • Attention to detail
  • Good written and verbal communication skills


Shift:
1st shift (United States of America)

Hours Per Week:
40