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.
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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!
Responsibilities:
- Drive trade product risk management routines for the trade business supporting the global product organization.
- Collaborate with stakeholders across both in and out of Global Payment Solutions.
- Lead and coordinate the preparation, execution and any remediation, if required, for internal and external audits, reviews and assessments for the business. Interact with business partners including GCOR, Credit Risk, Risk, Legal, Finance, GFC, COO, and Global Trade Operations for day-to-day business needs and execution against Policy/Standards requirements.
- Serve as a Trade SME and identify new control as the trade product lifecycle evolves to meet client and business need.
- Support governance deliverables, reporting, and process improvement for the global trade organization.
Required Qualifications:
- Minimum of 10 years banking experience in trade finance product & operations, with strong preference for risk management related experience
- Strong work ethic with continuous desire to learn and coach others
- Demonstrated ability to manage multiple concurrent workstreams in conjunction with various daily BAU responsibilities
- Solid partnership skills to facilitate interactions at different levels within the organization
- Ability to influence and drive urgency/actions across functions
- Effective at identifying issues, proactive to devise solutions, and engage the right individuals for execution
Desired Qualifications:
- Acumen of new/emerging technologies, platforms, and digital transformation within the trade industry
- Credit acumen, both traditional trade product & supply chain/working capital related solutions
Minimum Education Requirements: BA degree or equivalent work experience
Skills:
- Strong Interpersonal Skills
- Product Management
- Risk management Skills
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
$105,000.00 - $166,200.00 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.