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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
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Responsibilities:
- Own and drive trade product risk management routines for the global 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. Decision high risk transaction escalations and non-standard requests to manage risk appetite.
- Partner 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 controls as the trade product lifecycle evolves to meet client and business need.
- Execute against global governance deliverables, reporting, and process improvement for the global trade organization.
- Represent the business by participating in industry working groups when appropriate.
Required Qualifications:
- Minimum of 15 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
- Strong interpersonal skills and 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, practice to devise solutions, and engage the right individuals for execution
Desired Qualifications:
- Credit acumen, both traditional trade product & supply chain/working capital related solutions
- Acumen of new/emerging technologies, platforms, and digital transformation occurring within the trade industry
Minimum Educational 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 - $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.