Bank of America
Process Design Consultant II
Bank of America, Tampa, Florida, us, 33646
Process Design Consultant II
Charlotte, North Carolina;New York, New York; Chicago, Illinois; Tampa, Florida; Phoenix, Arizona; Boston, Massachusetts
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:
This job is responsible for analyzing processes, documenting business case opportunities, and implementing processimprovement/transformationinitiatives in support of Operational Excellence objectives. Key responsibilities include executing on change initiatives which may result in breakthrough cost efficiencies, quality, productivity, and risk mitigation. Job expectations include working with business leaders and subject matter experts, ensuring collaboration and transparency across integrated business and technology teams, and driving execution of solutions within the budget and timeline.
Member of the Enterprise Credit (Commercial) Operational Excellence Team. This role will support Operational Excellence for the Enterprise Credit Commercial (ECC) organization delivering Risk and Operational efficiencies - helping to transform and ensure that the delivery of credit to our Clients is effective, efficient and controlled.
This strong individual contributor will be responsible for working with Commercial Credit process owners to identify inefficiencies, control gaps and design and deploy repeatable, automated solutions. This position will primarily interact with process and control owners, but interactions may extend to technology, project management, GCOR, credit review, audit/compliance, legal, learning, communication partners, as well as senior executives. The ability to influence and lead diverse groups is a key factor to be successful in this role.
Responsibilities:
Implements moderately complex solutions to address issues and risks, optimize efficiency, reduce variability, and improve controls, quality, and sustainability
Works directly with Line of Business partners to gather information needed to identify and implement solutions that resolve critical business challenges and opportunities
Establishes and implements a model for continuous process improvement by applying process engineering best practices and delivering reusable technology solutions
Leverages analytics and critical thinking to solve complex business problems and translate issues into structured design oriented solutions with clearly defined business case benefits
Leads the development of enterprise change management deliverables for material projects including project charters, Suppliers, Inputs, Outputs, and Customers (SIPOC), Responsible, Accountable, Consulted, and Informed (RACI) process maps, risk assessments, control plans, and related artifacts
Service Executive Role, responsibilities include ensuring the applicable Enterprise Services Programs are fully implemented, resourced, and governed through maintenance of applicable procedures, SPI processes and business controls
Lead working teams through strategic OpEx planning by utilizing a simplification mindset to accurately depict the current Single Process Inventory (SPI) inventory in the Process Owner Portal (POP) and assess gaps against the Process Management Policy, Standard and associated Standards
Support SPI connection to the Client Journeys workstream and determine Enterprise Credit role in implementing efficient solutions
Interact with all levels of the EC organization from Process Executives, Process and Control Owners, Credit BSEs, and ECATS partners
Integrate business best practices and leverage technology to develop and deploy automated/revised solutions. Build action plans to identify pain points/variation and provides recommendations to drive continuous improvement
Accountability for engaging the appropriate partners and SMEs to remediate Challenges raised against the Commercial Credit SPI portfolio and to deliver against expected Operational Excellence outcomes and timelines
Consult with Enterprise OpEx team in evaluating current methods and developing strategies to implement changes and improvements
Evaluate OpEx routines across Enterprise Credit organization, as well as routines with key internal and external stakeholders to ensure effective communication exists and feedback is solicited
Skills:
Change Management
Continuous Improvement
Process Design
Process Simplification
Reporting
Business Process Analysis
Critical Thinking
Process Performance Measurement
Program Management
Strategic Thinking
Conflict Management
Decision Making
Process Effectiveness
Scenario Planning and Analysis
Required Qualifications:
10 years of process improvement/design and project management experience
Understanding of BOA’s Process Management Policy and Standard, Risk Management Framework and Business Controls
High proficiency in MS Office suite, especially SharePoint, Excel and pivot tables
Exceptional data analytics skills and attention to detail with ability to synthesize complex data into actionable reports for executive audience
Exceptional written and verbal communication skills
Ability to navigate enterprise, research, and resource information across the bank
Ability to work independently – set and manage plans, achieve results
Highly organized and able to effectively manage competing priorities and compressed timelines
Demonstrated ability to drive action and sustain momentum/results oriented
Strong partnership skills – build broad-based business relationships across the organization using influencing skills while demonstrating strong conflict resolution capabilities
Ability to learn and adapt quickly in making sound decisions while facilitating process working sessions
Strong ability to influence and lead diverse groups to achieve desired results
Desired Skills:
Knowledge of Commercial lending environment, organizational alignment, strategic priorities
Consulting or change management experience
Bachelor’s degree or equivalent experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the LA County Fair Chance Ordinance .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
Charlotte, North Carolina;New York, New York; Chicago, Illinois; Tampa, Florida; Phoenix, Arizona; Boston, Massachusetts
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:
This job is responsible for analyzing processes, documenting business case opportunities, and implementing processimprovement/transformationinitiatives in support of Operational Excellence objectives. Key responsibilities include executing on change initiatives which may result in breakthrough cost efficiencies, quality, productivity, and risk mitigation. Job expectations include working with business leaders and subject matter experts, ensuring collaboration and transparency across integrated business and technology teams, and driving execution of solutions within the budget and timeline.
Member of the Enterprise Credit (Commercial) Operational Excellence Team. This role will support Operational Excellence for the Enterprise Credit Commercial (ECC) organization delivering Risk and Operational efficiencies - helping to transform and ensure that the delivery of credit to our Clients is effective, efficient and controlled.
This strong individual contributor will be responsible for working with Commercial Credit process owners to identify inefficiencies, control gaps and design and deploy repeatable, automated solutions. This position will primarily interact with process and control owners, but interactions may extend to technology, project management, GCOR, credit review, audit/compliance, legal, learning, communication partners, as well as senior executives. The ability to influence and lead diverse groups is a key factor to be successful in this role.
Responsibilities:
Implements moderately complex solutions to address issues and risks, optimize efficiency, reduce variability, and improve controls, quality, and sustainability
Works directly with Line of Business partners to gather information needed to identify and implement solutions that resolve critical business challenges and opportunities
Establishes and implements a model for continuous process improvement by applying process engineering best practices and delivering reusable technology solutions
Leverages analytics and critical thinking to solve complex business problems and translate issues into structured design oriented solutions with clearly defined business case benefits
Leads the development of enterprise change management deliverables for material projects including project charters, Suppliers, Inputs, Outputs, and Customers (SIPOC), Responsible, Accountable, Consulted, and Informed (RACI) process maps, risk assessments, control plans, and related artifacts
Service Executive Role, responsibilities include ensuring the applicable Enterprise Services Programs are fully implemented, resourced, and governed through maintenance of applicable procedures, SPI processes and business controls
Lead working teams through strategic OpEx planning by utilizing a simplification mindset to accurately depict the current Single Process Inventory (SPI) inventory in the Process Owner Portal (POP) and assess gaps against the Process Management Policy, Standard and associated Standards
Support SPI connection to the Client Journeys workstream and determine Enterprise Credit role in implementing efficient solutions
Interact with all levels of the EC organization from Process Executives, Process and Control Owners, Credit BSEs, and ECATS partners
Integrate business best practices and leverage technology to develop and deploy automated/revised solutions. Build action plans to identify pain points/variation and provides recommendations to drive continuous improvement
Accountability for engaging the appropriate partners and SMEs to remediate Challenges raised against the Commercial Credit SPI portfolio and to deliver against expected Operational Excellence outcomes and timelines
Consult with Enterprise OpEx team in evaluating current methods and developing strategies to implement changes and improvements
Evaluate OpEx routines across Enterprise Credit organization, as well as routines with key internal and external stakeholders to ensure effective communication exists and feedback is solicited
Skills:
Change Management
Continuous Improvement
Process Design
Process Simplification
Reporting
Business Process Analysis
Critical Thinking
Process Performance Measurement
Program Management
Strategic Thinking
Conflict Management
Decision Making
Process Effectiveness
Scenario Planning and Analysis
Required Qualifications:
10 years of process improvement/design and project management experience
Understanding of BOA’s Process Management Policy and Standard, Risk Management Framework and Business Controls
High proficiency in MS Office suite, especially SharePoint, Excel and pivot tables
Exceptional data analytics skills and attention to detail with ability to synthesize complex data into actionable reports for executive audience
Exceptional written and verbal communication skills
Ability to navigate enterprise, research, and resource information across the bank
Ability to work independently – set and manage plans, achieve results
Highly organized and able to effectively manage competing priorities and compressed timelines
Demonstrated ability to drive action and sustain momentum/results oriented
Strong partnership skills – build broad-based business relationships across the organization using influencing skills while demonstrating strong conflict resolution capabilities
Ability to learn and adapt quickly in making sound decisions while facilitating process working sessions
Strong ability to influence and lead diverse groups to achieve desired results
Desired Skills:
Knowledge of Commercial lending environment, organizational alignment, strategic priorities
Consulting or change management experience
Bachelor’s degree or equivalent experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the LA County Fair Chance Ordinance .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.