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Director - Global Markets Business Governance COO - Third Party Risk Governance-

AT Bank of America
Bank of America

Director - Global Markets Business Governance COO - Third Party Risk Governance-

New York, NY

Job Description:

Candidate will be a part of the Global Markets Business Governance Team within the GM COO organization supporting Global Markets Third Party Governance focused on Financial Market Utilities, Partner Banks, and Third-Party Data. In this capacity, the candidate will work closely with the Enterprise Third Party Program, the Enterprise Data Management Program, Global Markets Sales & Trading, Compliance, Legal, Audit and numerous other support partners.

The ideal candidate will have minimum 5 years experience working on complex initiatives and developing control-oriented, business processes related to Third-Party Risk Management.

Key Responsibilities

  • Support ongoing activities related to Financial Market Utilities and Partner Banks, including day to day activities, metrics monitoring, and governance routines.
  • Establish new framework for the governance and monitoring of Third-Party Data risks in line with new enterprise standards and requirements
  • Support new requirements for external data transmission, including validating risk assessments, metrics monitoring, and oversight of all Global Markets data transmissions with external entities
  • Establishing new guidelines for the completion of Global Markets Third-Party Deal Risk Assessments
  • Prepare executive summaries and presentations relating to Enterprise Third-Party and Enterprise Data initiatives

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Competencies and Requirements

  • Minimum 5 years experience in Third Party Risk Management
  • Minimum 5 years experience assessing inherent risks of Financial Market Utilities
  • In depth understanding of Data Classifications
  • Program/project management experience with demonstrated ability to build project roadmaps, manage several key stakeholders and take ownership for delivery
  • Drive Global Markets Third Party Process Improvements
  • Excellent verbal and written communication skills
  • Proficient in Excel, PowerPoint, and SharePoint
  • Excellent time management skills and able to manage multiple competing/concurrent activities
  • Must be able to deliver results with limited direction and supervision
  • Must be able to work well in collaborative team environment, but also independently

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

$175,000.00 - $250,000.00 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.

Client-provided location(s): New York, NY, USA
Job ID: BankOfAmerica-JR-24042851
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA
    • HSA
    • On-Site Gym
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Sabbatical
  • Financial and Retirement

    • Performance Bonus
    • Company Equity
    • 401(K) With Company Matching
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Tuition Reimbursement
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program