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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Summary:
The Data Governance and Controls Team Lead is responsible for building a culture of data controls and governance across the Consumer & Small Business Anti-Money Laundering organization as part of Client Protection.
Consulting with process owners, subject matter experts, technical experts, end users and other stakeholders to gather information about current processes within the Single Process Inventory (SPI) to document the end-to-end business process with focus on data attributes, data sources, control features, and interfaces with other systems. Ensure consistency in rules/definitions across SPIs, where applicable.
This role will establish formal Consumer AML data management governance guidance to adhere to the enterprise policies and standards. Engage with Enterprise Data Strategy and Governance Organization (EDSGO) to stay aligned with any changes, and update/educate the organization appropriately to ensure compliance across the organization.
This includes identifying risk/gaps, incident management, escalating to necessary stakeholders, and assisting with action plans and/or dashboards to implement/enhance controls where gaps may be identified.
Organize Governance routines with respective stakeholders to ensure the documentation is current, identify any control gaps or opportunities and track those actions needed through completion.
Create and present business plans, updates, milestones and achievements to executive leadership.
Required Qualification:
• 7+ years of experience with technology applications using relational databases and/or rule engines.
• Understands metadata and data supply chains
• Understands ETL processes
• Familiarity with data reconciliation across applications
• Experience with data application mapping (inflows and outflows)
• Experience with relational databases, file systems, reading & writing code (e.g. SAS, SQL)
• Documentation experience and building standardized templates, outputs
• Experience in one or more of the following areas: business intelligence/analytics, data management, data governance, data controls, data quality management, and/or data architecture
• Understanding of data governance, data quality, and data management and data concepts
• Client engagement skills
• Independent and proactive analyst
• Excellent communication skills and influencer
• Develops and continuously improves procedure driven functions to demonstrate sustainability, repeatability and defensibility of program
• Strong Experience in Microsoft Office applications
• Bachelors degree or equivalent work experience
Desired Qualifications:
• Leadership experience
• Experience with data mapping between application using disparate metadata documentation.
• Project and issues management experience
• Understanding of enterprise ADS internal architecture designs (e.g. Bronze, Silver, Gold)
• Experience reading & writing python code
• Financial services expertise
• Subject matter expertise in Bank Secrecy Act/Anti-Money Laundering, Sanctions, Customer Relationship Hub (CRH), Websphere Customer Center (WCC), and Party Reference Data Store (PRDS)
Tableau
Skills:
Business Analytics Continuous Improvement Data Mining Data and Trend Analysis Technical Troubleshooting Analytical Thinking Business Acumen Business Intelligence Critical Thinking Technical Strategy Development Data Quality Management Executive Presence Innovative Thinking Strategic Thinking Talent Development
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)Pay and benefits informationPay range$125,000.00 - $168,100.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.
