Data Manager - Governance, Policy Compliance & Regulatory Response

New York, New York;Charlotte, North Carolina

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, and

2.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 strategy

Desired 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 experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$125,000.00 - $260,000.00 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 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 (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

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.