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Bank of America is seeking an Enterprise Privacy Executive to lead the privacy program and own the Enterprise Privacy Policy, acting as Chief Privacy Officer. You will drive privacy operations, policies, and governance priorities across Front-Line Units and Control Functions, guiding risk management and regulatory compliance with a focus on global coverage.
You will build a high-performing privacy organization, mature privacy standards, and align regulatory requirements with business needs,
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. Join us!
This job is responsible for executing against Enterprise Data Excellence Objectives and improving the overall Data Management Framework for the company. Key responsibilities include delivering data operations, policies, and governance priorities that address solutions across the Front Line Units, Control Functions and key stakeholders. Job expectations include leading process implementation and managing risk against enterprise data standards, adherence, and mandates, as well as managing organization agility, financial plans, and operational excellence.
The Enterprise Privacy Executive is accountable for setting and executing the Enterprise Privacy Program, owns the Enterprise Privacy Policy and acts as Chief Privacy Officer for the company. Key responsibilities include delivering privacy operations, policies, and governance priorities that address solutions across the Front-Line Units, Control Functions and key stakeholders. Job expectations include leading process implementation and managing risk against enterprise privacy standards, adherence, and mandates, as well as managing organization agility, financial plans, and operational excellence.
Builds, leads and develops a high-performing enterprise privacy organization with clear role accountability and global operating coverage
Manages privacy management policies measuring line of business performance and adherence to enterprise privacy governance in alignment with global privacy and data protection regulatory requirements
Owns the enterprise privacy policy framework, including standards, guidelines, training and operationalize privacy processes driving consistency across regions, legal entities and lines of business
Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, identify and manage risks including monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage, while supporting communication of regulatory changes to the Front Line Unit (FLU) and Control Function (CF) and ensuring that policies, standards, procedures, and processes are appropriately implemented or amended to address regulatory requirements
Establishes a culture of risk and compliance management, promoting compliance with all applicable privacy policies and standards
Partners with data privacy executives across the enterprise to drive adherence to Privacy Policies and Standards, facilitates effective go to green plans and enables business segments to reach and maintain a satisfactory control environment
Matures the Enterprise Privacy Standards including the generational strategic approach, quality assurance (QA) expectations, reporting and oversight routines
Communicates changes in privacy governance requirements across the bank, building engagement and proper risk culture that prioritizes business understanding, investing and owning their privacy processes that drive their business functions
Partners with senior data privacy executives, LOB executives, Risk partners, Legal partners and Audit partners
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
Proven ability to lead enterprise-wide governance, risk, compliance, privacy, data, or control functions.
Experience building and leading high-performing teams across global and matrixed organizations.
Ability to set strategy, establish accountability, and drive execution
Strong understanding of banking regulatory requirements, privacy obligations, and risk management frameworks.
Ability to interpret laws, regulations, and regulatory changes and translate them into practical business solutions.
Experience overseeing enterprise policies, standards, governance, controls, and adherence programs.
Strong risk management and control discipline
Data Management
Issue Management
Regulatory Compliance
Risk Management
Strategic Thinking
Controls Management
Data Governance
Financial Management
Influence
Stakeholder Management
Strategy Planning and Development
Continuous Improvement: Process mindset
Decision Making
Regulatory Relations
Business Case Analysis
1st shift (United States of America)
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