Job Description:
Job Title: Portfolio Governance Lead - Fixed Income
Corporate Title: Vice President
Location: London
Company Overview:
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.
Want more jobs like this?
Get Data and Analytics jobs in London, United Kingdom delivered to your inbox every week.
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!
Location Overview:
Based just a stone's throw from the magnificent St. Paul's Cathedral is our London MLFC office, on bustling King Edward Street. Here you will find modern workspaces and a state-of-the-art auditorium space. In addition, we are proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus that have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop gardens and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and onsite medical centre.
Role Description:
We are looking for an experienced executive to join the team as the Portfolio Governance Lead to collaborate with Change managers across line of business, functional and horizontal change within Global Fixed Income Operations Transformation. We seek a candidate who is influential and possesses excellent governance skills to oversee a dynamic and diversified portfolio of change and drive transformation initiatives.
The candidate will focus on risks and issues management, including ongoing support and associated reporting across the entire change and transformation portfolio, besides evaluating and/or developing risk mitigation initiatives to ensure they are on track. Interaction and partnership with cross functional stakeholders will be key for continued alignment, connectivity, and consistency in our deliverables.
The role requires a candidate who demonstrates excellent operational acumen to the above core skills in governing the Fixed Income Operational transformation agenda and delivering against our strategic priorities. progress and reporting to the Management team.
The role will enhance the framework for portfolio governance, develop robust processes, procedures, and communication routines to ensure initiatives are successfully delivered across the enterprise. The role will also have a high level of stakeholder exposure across Operations, and Technology.
Responsibilities:
- Portfolio Strategy: Contributing to the successful delivery of change and transformation initiatives Ensure portfolio of change and transformation initiatives are in line with the overall strategy and conduct deep analysis to identify key risks and priorities
- Portfolio Management: Oversight of end-to-end portfolio management including streamlining intake requests, ensuring clear prioritization, resource allocation and tracking performance metrics.
- Governance Framework: Enhance and maintain a robust governance framework with clear definition of change roles, responsibilities, communication and governance routines and prioritization criteria.
- Risk Management: Responsibility for maintaining and managing risks, issues and dependencies, project health, change control and other tasks, as required. Escalate early and plan mitigation when faced with obstacles.
- Support the full lifecycle of change, including current state assessments, future state design and roadmap development.
- Process Improvement: Drive process improvement, continuously assess processes through Operational Excellence mindset
- Performance Measurement: Define and track KPIs to measure portfolio performance and analyze areas for continuous improvement in change management framework.
- Collaboration and Stakeholder Management: Build relationships with operational peers, business partners, technology teams, and other stakeholders to ensure alignment and collaboration.
- Data Analytics: Leverage analytics to inform portfolio decisions and enhance reporting. Use data to drive optimization and visualization of portfolio performance
- Operational Excellence: Identify, plan, and deliver operational excellence initiatives across various teams within Fixed Income Operations - in areas of process improvements, standardization, and optimization
What we are looking for:
- Previous Global Markets background advantageous
- Proven track record in operations transformation and portfolio management within the financial services industry
- Deep understanding of the operational needs in the Fixed Income business and pain points of different asset class segments
- Ability to face off with senior business heads at a strategic level while understanding the detail.
- Excellent presentation and communication skills (verbal, written and interpersonal) with team members and stakeholders.
- Analytical and problem-solving skills with the ability to review and highlight project risks and issues and partner on mitigating solutions.
- Excellent project management skills with the ability to manage multiple projects simultaneously.
- Ability to conduct presentations with emphasis on storytelling to convey and influence the case for change.
- Experience in designing and implementing governance framework.
- Expertise in using data analytics and reporting tools (Excel, Tableau, Power BI)
- Ability to prioritize work and meet deadlines.
Skills that will help:
- Excellent management and communication skills with the ability to influence and build relationships at all levels of the enterprise.
Benefits of working at Bank of America
UK
- Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
- Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
- 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
- The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
- Use of a flex fund to use towards benefits.
- Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
- Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
- Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland's most iconic cultural institutions.
- Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.
Bank of America
Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.