Business Strategy and Initiatives Manager- CFO COO & Governance

Bank of America; New York (NY); On-site; USD 127,000 - 165,000; Full time

Job summary

A leading financial institution is seeking a Business Strategy and Initiatives Manager to drive strategic projects and manage cross-functional initiatives. This role requires extensive experience in finance or consulting, strong project management skills, and the ability to influence stakeholders effectively. Join a team committed to operational excellence and making a positive impact in the community.

Benefits

Industry-leading benefits

Access to paid time off

Support for physical, emotional, and financial wellness

Opportunities for career growth

Qualifications

• 10+ years of experience in finance, consulting, process improvement, strategy, or operations.
• Consulting experience in human capital, strategy, operations, or finance is highly valued.
• Proficiency in PowerPoint and Excel is essential for presentations and data analysis.

Responsibilities

• Design and implement structured approaches to address complex business challenges.
• Lead strategic, cross-functional projects ensuring consistency across work streams.
• Build credibility with senior leaders and stakeholders to drive collaboration.

Skills

Business Acumen

Critical Thinking

Customer and Client Focus

Result Orientation

Analytical Thinking

Collaboration

Oral Communications

Stakeholder Management

Adaptability

Innovative Thinking

Planning

Prioritization

Education

Bachelor’s degree or MBA

High School Diploma / GED / Secondary School

Tools

PowerPoint

Excel

Job description

Business Strategy and Initiatives Manager- CFO COO & Governance

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 Description:

The CFO Process Excellence Team is part of the COO & Governance Organization within Bank of America. This team leads high-impact process improvement and operational excellence initiatives across the Finance Organization. The Business Strategy & Initiatives Manager will play a critical role in driving strategic projects, managing cross-functional initiatives, and influencing stakeholders at all levels without formal authority. This role requires a blend of strategy, operations, and project management expertise, combined with strong soft skills and a high degree of adaptability.

Responsibilities:

• Strategic Framework Development: Design and implement structured approaches to identify, prioritize, and address complex business challenges across the organization.
• Project Leadership: Lead strategic, cross-functional projects, ensuring consistency and coherence across related work streams. Act as a bridge between business units, providing guidance and feedback to junior team members.
• Stakeholder Management: Build credibility and trust with senior leaders and stakeholders, including band 2 and band 1 leaders, to drive buy-in and collaboration. Act as a strategic partner, gathering input from business experts and aligning projects with organizational goals.
• Metrics and Progress Tracking: Establish success metrics, monitor project milestones, and escalate issues as needed to ensure timely delivery and impact.
• Workshops and Presentations: Conduct workshops and presentations to educate business partners, share project outcomes, and communicate key insights effectively.
• Continuous Improvement: Demonstrate a commitment to operational excellence by identifying opportunities to streamline processes and improve outcomes.

Required Qualifications:

• 10+ years of experience in finance, consulting, process improvement, strategy, or operations.
• Consulting Experience: experience in any type of consulting (human capital, strategy, operations, or finance) is highly valued. Candidates from investment banking or similar environments will be considered if they possess strong project management and stakeholder engagement skills.
• Proficiency in PowerPoint and Excel is essential, as these tools are regularly used for presentations and data analysis.
• Strong communication, adaptability, collaboration, and the ability to influence without formal authority. Proven track record of building trust and credibility within an organization.
• Highly motivated and committed to delivering results, with a strong sense of initiative and personal ownership.
• Thrive in a fast-paced, dynamic environment with shifting priorities and demands.
• Stakeholder Influence: Demonstrated experience influencing senior leaders and aligning diverse teams toward common goals.
• Strategic Thinking: Ability to analyze complex situations and design solutions that align with broader organizational objectives.

Desired Qualifications:

• Ideal experience includes internal consulting, strategy/operations roles, or investment banking.
• Bachelor’s degree or MBA

Skills:

• Business Acumen
• Critical Thinking
• Customer and Client Focus
• Result Orientation
• Analytical Thinking
• Oral Communications
• Stakeholder Management
• Innovative Thinking
• Planning

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

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 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 Description:

The CFO Process Excellence Team is part of the COO & Governance Organization within Bank of America. This team leads high-impact process improvement and operational excellence initiatives across the Finance Organization. The Business Strategy & Initiatives Manager will play a critical role in driving strategic projects, managing cross-functional initiatives, and influencing stakeholders at all levels without formal authority. This role requires a blend of strategy, operations, and project management expertise, combined with strong soft skills and a high degree of adaptability.

Responsibilities:

• Strategic Framework Development: Design and implement structured approaches to identify, prioritize, and address complex business challenges across the organization.
• Project Leadership: Lead strategic, cross-functional projects, ensuring consistency and coherence across related work streams. Act as a bridge between business units, providing guidance and feedback to junior team members.
• Stakeholder Management: Build credibility and trust with senior leaders and stakeholders, including band 2 and band 1 leaders, to drive buy-in and collaboration. Act as a strategic partner, gathering input from business experts and aligning projects with organizational goals.
• Metrics and Progress Tracking: Establish success metrics, monitor project milestones, and escalate issues as needed to ensure timely delivery and impact.
• Workshops and Presentations: Conduct workshops and presentations to educate business partners, share project outcomes, and communicate key insights effectively.
• Continuous Improvement: Demonstrate a commitment to operational excellence by identifying opportunities to streamline processes and improve outcomes.

Required Qualifications:

• 10+ years of experience in finance, consulting, process improvement, strategy, or operations.
• Consulting Experience: experience in any type of consulting (human capital, strategy, operations, or finance) is highly valued. Candidates from investment banking or similar environments will be considered if they possess strong project management and stakeholder engagement skills.
• Proficiency in PowerPoint and Excel is essential, as these tools are regularly used for presentations and data analysis.
• Strong communication, adaptability, collaboration, and the ability to influence without formal authority. Proven track record of building trust and credibility within an organization.
• Highly motivated and committed to delivering results, with a strong sense of initiative and personal ownership.
• Thrive in a fast-paced, dynamic environment with shifting priorities and demands.
• Stakeholder Influence: Demonstrated experience influencing senior leaders and aligning diverse teams toward common goals.
• Strategic Thinking: Ability to analyze complex situations and design solutions that align with broader organizational objectives.

Desired Qualifications:

• Ideal experience includes internal consulting, strategy/operations roles, or investment banking.
• Bachelor’s degree or MBA

Skills:

• Business Acumen
• Critical Thinking
• Customer and Client Focus
• Result Orientation
• Analytical Thinking
• Collaboration
• Oral Communications
• Stakeholder Management
• Adaptability
• Innovative Thinking
• Planning
• Prioritization

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)Pay and benefits informationPay range$127,300.00 - $164,600.00 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.

About the company

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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