Business Strategy & Initiative Manager - Enterprise Credit Analytics & Transformation Strategy

Bank of America; Phoenix (AZ); On-site; USD 135,000 - 217,000; Full time

Benefits offered by this job

Benefits eligible

Job summary

Bank of America is seeking a strategist to support development and execution of initiatives tied to Enterprise Credit priorities. You will document capabilities, identify target state platforms, partner with Technology and Credit experts, and secure funding for technology investments that enhance underwriting.

Internal employees working from home may apply, with potential onsite work per policy. The role emphasizes collaboration, analytics, and business-case driven technology planning in a large

Qualifications

• 5+ years of experience in Financial Services Industry
• Experience in a Credit, Credit Operations, Transformation / Strategy, or Process Design role
• Interest in learning new platforms and technologies
• Ability to build strategic end-to-end plans for platforms
• Ability to create and maintain partnerships with multiple stakeholders
• Strong written and oral communications skills
• Ability to communicate vertically and horizontally and to distill complex subject matter into concise summaries and recommendations
• Candidate must be highly organized with excellent analytical and reporting skills with the ability to create and execute project plans

Responsibilities

• Builds and/or executes business initiatives and/or processes, while partnering with stakeholders and partners
• Solves complex problems and delivers on business initiatives and processes by applying subject matter expertise and technical knowledge of the business
• Engages with key stakeholders, partners, and business leadership to deliver on business objectives
• Performs analytics, assessments, and/or interpretation of data and/or information to identify business opportunities, derive insights, and measure outcomes
• Develops strategic and tactical plans to drive progress towards business goals and objectives

Skills

Business Acumen

Critical Thinking

Analytical Thinking

Customer and Client Focus

Result Orientation

Collaboration

Oral Communications

Stakeholder Management

Adaptability

Innovative Thinking

Planning

Prioritization

Education

High School Diploma / GED

Job description

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.

Job Description

This job is responsible for supporting the development and execution of strategic initiatives and/or processes aligned to priorities within a functional area and/or business. Key responsibilities include defining, developing, executing, monitoring, and/or refining strategic initiatives and processes in close collaboration with key stakeholders and internal partners.

This role is responsible for building out the platform strategy and technology investment roadmap for Enterprise Credit. The individual will partner closely with Technology and Credit subject matter experts to document the capabilities needed by each credit unit and identify target state platforms that best meet those needs. Additionally, the role will develop business cases and secure funding for technology initiatives that improve the credit underwriting process.

“Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.”

Responsibilities

• Builds and/or executes business initiatives and/or processes, while partnering with stakeholders and partners

• Solves complex problems and delivers on business initiatives and processes by applying subject matter expertise and technical knowledge of the business

• Engages with key stakeholders, partners, and business leadership to deliver on business objectives

• Performs analytics, assessments, and/or interpretation of data and/or information to identify business opportunities, derive insights, and measure outcomes

• Develops strategic and tactical plans to drive progress towards business goals and objectives

Required Qualifications

• 5+ years of experience in Financial Services Industry

• Experience in a Credit, Credit Operations, Transformation / Strategy, or Process Design role

• Interest in learning new platforms and technologies

• Ability to build strategic end-to-end plans for platforms

• Ability to create and maintain partnerships with multiple stakeholders

• Strong written and oral communications skills

• Ability to communicate vertically and horizontally and to distill complex subject matter into concise summaries and recommendations

• Candidate must be highly organized with excellent analytical and reporting skills with the ability to create and execute project plans

Desired Qualifications

• 8+ years experience in Financial Services Industry

• Experience in a Credit, Credit Operations, or Transformation/Strategy Role

• Interest in learning new platforms and technologies

• Familiarity with Agile software development process

• Problem solver; ability to think critically and offer creative solutions

• Strong attention to detail and a willingness to learn technical specs

• Self-starter who is comfortable operating independently

• Strong organizational skills with ability to effectively prioritize tasks in a dynamic environment

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 - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)

Pay and benefits information

Pay range

$135,000.00 - $216,500.00 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.