Data Governance Lead

Bank of America; New York (NY); On-site; USD 105,000 - 135,000; Full time

Job summary

A leading financial institution seeks a Data Governance Lead to oversee governance initiatives within its Global Payments Solutions team. This role involves collaboration across various departments to ensure high data quality and compliance, requiring expertise in data management and program oversight. The position promises an opportunity to significantly impact the organization's data strategies and foster a culture of data governance.

Benefits

Competitive benefits

Paid time off

Qualifications

• 3+ years of experience in a Data Governance or Data Management role.
• Hands-on experience with Enterprise Data Management policies.
• Ability to manage high-scale and complex data ecosystems.

Responsibilities

• Drive data governance initiatives and facilitate data testing.
• Collaborate with Compliance and Risk teams to develop data solutions.
• Implement data strategies that align with regulatory standards.

Skills

Data Governance

Data Management

Payments Expertise

Program Management

Relationship Management

Communication Skills

Detail Oriented

Data Strategy

Education

Bachelor's Degree in relevant field

PMI Certification

Tools

Excel

PowerPoint

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. 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.

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!

Job Description:

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into payment solutions for our clients globally - across all segments and industries.

The Global Payments Solutions Data & AI - Data Strategy and Governance team (DSG) is looking for a Data Governance Lead for Global Transactions Services, part of the GPS team which is a ~$15bn business who will focus on data governance and controls inclusive of governance initiatives, data quality / data testing, and supporting regulatory response.

This role will be driving forward DSG team goals while building bridges with all partner teams including subject matter experts and leaders globally in the business, technology, and operations. Additionally, the Data Governance Lead will be focused on managing data governance initiatives, intake and facilitation of data testing and regulatory requests.

The Data Governance Lead will work with Line of Business partners, including Compliance, Audit, and Risk to understand needs and produce data solutions, often times in partnership with Technology.

The DSG team is strategically placed in the line of business to enable direct alignment with key business leaders to drive maximum impact. Members of the DSG team will be encouraged and expected to learn more than the core role requires, fundamental understanding of the business of payments will play a key role in what we aim to achieve together. The team’s mandate places a dual focus on:

1.Data strategy including building and executing data strategy that enables the business, and

2.Data governance/management including driving adoption of enterprise data management policies and standards across GTS including for fit-for-purpose for Regulatory Reporting and other critical data uses; facilitating and providing governance and oversight of GTS data incidents; active engagement and support of enterprise data testing effort; active engagement of enterprise data initiatives and support of internal/external regulatory and audit exams and issues; and much more.

This role will require a unique blend of payments expertise, an in-depth understanding & knowledge of data, and heavy program management experience to drive all governance initiatives forward.

The Data Governance Lead will report to the Data Strategy Management Executive (DSME) as a part DSG team.

Required Skills: "Must" have these skills to be minimally qualified

•3+ years of experience in a Data Governance or Data Controls and Data Management or Payments role with a Data focus

•Drive adoption of and adherence to internal data management policies and standards (i.e.: Enterprise Data Management and Global Records Management)

•Expertise with Excel and PowerPoint to be able to analyze open issues and communicate with / align together varying teams

•Heavy experience and responsibility with building and executing process and procedures as well as program management of process and procedure execution

•Able to facilitate and provide governance and oversight on GPS data incidents including driving internal assessments, prioritization, and funding impacts.

•Hands-on, applied experience with Enterprise Data Management Policy/Standards, data governance concepts and frameworks including industry best practices.

•Knowledge of data management disciplines, including data strategy, data governance, data architecture, data security, etc.

•Support and manage data controls environment and drive calibration of data controls in Single Process Inventory

•Creation and execution of GPS data strategy and roadmap along with managing ADS adoption strategy

Desired skills:

•Strong relationship management skills to navigate the complexities in a large, distributed organization.

•Understanding of applicable internal policy and standard requirements, including deep understanding of EDSGO-owned policy & standard requirements.

•Ability to apply the core concepts of data risk management, including identification, assessment, and remediation of risk while driving health reporting of risks.

•Hands-on or have closely worked with complex data landscapes.

•Experience with managing data in high scale and high complexity application ecosystems (ie hundreds of applications)

•Experience in solving data infrastructure challenges with large Legacy data application.

•Deep understanding of project management framework and fundamentals; PMI certified.

•Excellent verbal and written communication skills and ability to simplify and summarize complex data priorities / technical concepts

•Highly detail oriented

•Ability to work in fast-paced, work-intensive organization and be able to adapt to changing priorities while delivering with high accuracy

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. 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.

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!

Job Description:

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into payment solutions for our clients globally - across all segments and industries.

The Global Payments Solutions Data & AI - Data Strategy and Governance team (DSG) is looking for a Data Governance Lead for Global Transactions Services, part of the GPS team which is a ~$15bn business who will focus on data governance and controls inclusive of governance initiatives, data quality / data testing, and supporting regulatory response.

This role will be driving forward DSG team goals while building bridges with all partner teams including subject matter experts and leaders globally in the business, technology, and operations. Additionally, the Data Governance Lead will be focused on managing data governance initiatives, intake and facilitation of data testing and regulatory requests.

The Data Governance Lead will work with Line of Business partners, including Compliance, Audit, and Risk to understand needs and produce data solutions, often times in partnership with Technology.

The DSG team is strategically placed in the line of business to enable direct alignment with key business leaders to drive maximum impact. Members of the DSG team will be encouraged and expected to learn more than the core role requires, fundamental understanding of the business of payments will play a key role in what we aim to achieve together. The team’s mandate places a dual focus on:

1.Data strategy including building and executing data strategy that enables the business, and

2.Data governance/management including driving adoption of enterprise data management policies and standards across GTS including for fit-for-purpose for Regulatory Reporting and other critical data uses; facilitating and providing governance and oversight of GTS data incidents; active engagement and support of enterprise data testing effort; active engagement of enterprise data initiatives and support of internal/external regulatory and audit exams and issues; and much more.

This role will require a unique blend of payments expertise, an in-depth understanding & knowledge of data, and heavy program management experience to drive all governance initiatives forward.

The Data Governance Lead will report to the Data Strategy Management Executive (DSME) as a part DSG team.

Required Skills: "Must" have these skills to be minimally qualified

•3+ years of experience in a Data Governance or Data Controls and Data Management or Payments role with a Data focus

•Drive adoption of and adherence to internal data management policies and standards (i.e.: Enterprise Data Management and Global Records Management)

•Expertise with Excel and PowerPoint to be able to analyze open issues and communicate with / align together varying teams

•Heavy experience and responsibility with building and executing process and procedures as well as program management of process and procedure execution

•Able to facilitate and provide governance and oversight on GPS data incidents including driving internal assessments, prioritization, and funding impacts.

•Hands-on, applied experience with Enterprise Data Management Policy/Standards, data governance concepts and frameworks including industry best practices.

•Knowledge of data management disciplines, including data strategy, data governance, data architecture, data security, etc.

•Support and manage data controls environment and drive calibration of data controls in Single Process Inventory

•Creation and execution of GPS data strategy and roadmap along with managing ADS adoption strategy

Desired skills:

•Strong relationship management skills to navigate the complexities in a large, distributed organization.

•Understanding of applicable internal policy and standard requirements, including deep understanding of EDSGO-owned policy & standard requirements.

•Ability to apply the core concepts of data risk management, including identification, assessment, and remediation of risk while driving health reporting of risks.

•Hands-on or have closely worked with complex data landscapes.

•Experience with managing data in high scale and high complexity application ecosystems (ie hundreds of applications)

•Experience in solving data infrastructure challenges with large Legacy data application.

•Deep understanding of project management framework and fundamentals; PMI certified.

•Excellent verbal and written communication skills and ability to simplify and summarize complex data priorities / technical concepts

•Highly detail oriented

•Ability to work in fast-paced, work-intensive organization and be able to adapt to changing priorities while delivering with high accuracy

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 informationPay range$105,000.00 - $135,000.00 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.

Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.

Regardless of the position you are interested in, the starting points to building your resume are the same:
1.Determine the job or types of jobs you want to do and research their responsibilities and qualifications.
2.Think about why you can do the job and make a list of your skills that are relative to the job.
3.Identify experiences or accomplishments that show your proficiency in the skills required for the job.
4.Summarize your abilities, accomplishments and skills into a brief, concise document.

Considerations when writing a resume
•Do be brief. Resumes should be 1-2 pages in length.
•Do be upbeat and active in your wording.
•Do emphasize what you have done clearly and concretely.
•Do be neat and well organized.
•Do have others proofread and critique your resume. Spell check. Make it error free.
•Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible.
•Don't be dishonest, always tell the truth about yourself in the most flattering light.
•Don't include salary history or requirements.
•Don't include references.
•Don't include accomplishments that do not support your professional goals.
• Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.)
•Don't use italics, underlining, shadows or other fancy treatments.

Seven steps to a successful interview
1.Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?
2.Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?
3.Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.
4.Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.
5.Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.
6.Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.
7.Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.