GCIB Data Architecture Program Lead, Managing Director

Hobbsnews; Jersey City (NJ); On-site; USD 225,000 - 400,000; Full time

Job summary

An established industry player is seeking a seasoned professional to enhance its data management capabilities within the Global Corporate & Investment Banking sector. This pivotal role involves developing and executing a comprehensive data strategy, ensuring regulatory compliance, and fostering collaboration across diverse teams. The ideal candidate will have extensive experience in strategic risk governance and a passion for building a culture of teamwork. Join this dynamic organization to make a significant impact and drive excellence in data management while enjoying industry-leading benefits and a supportive work environment.

Benefits

Industry-leading benefits

Paid time off

Discretionary incentive eligibility

Annual discretionary award eligibility

Qualifications

• 20+ years of experience in strategic risk program governance preferred.
• Strong leadership and communication skills required.

Responsibilities

• Design and execute GCIB’s data strategy and initiatives roadmap.
• Engage with stakeholders to ensure compliance with data architecture.

Skills

Strategic Risk Program Governance

Leadership Skills

Communication Skills

Data Management

Regulatory Compliance

Education

Bachelor's Degree

Master's Degree (preferred)

Job description

Job Description:

Global Corporate & Investment Banking (GCIB) is enhancing its data management capabilities. This includes executing a strong data architecture program. This role will play a pivotal part in driving these enhancements and their ongoing sustainment. The role requires a strategic approach to managing the risk and business enablement priorities from a data perspective. It also requires partnering with stakeholders in GCIB and the rest of the Enterprise to drive regulatory adherence, strengthen frameworks for data architecture and privacy, enhance operational excellence, and meet GCIB’s goal to be the best-in-class. The role covers key data management pillars – adherence to policy/standards, implementing a balanced data strategy for the business, developing and governing data domains, designing and delivering a strong controls program, and supporting GCIB leadership in making informed decisions.

Key Responsibilities:

• Partner with the Data Strategy & Management Executive (DSME) in the design of GCIB data strategy & initiatives roadmap. Execute programs for successful implementation and sustainability.
• Transform GCIB’s data strategy into executable plans and oversee completion. Adapt strategy according to near-term priorities and long-term roadmap.
• Design and execute GCIB’s MNPI adherence strategy across all processes and platforms, including outgoing data pipes.
• Document, own, and execute the data architecture oversight process as well any related key control areas.
• Develop and execute GCIB’s data architecture while ensuring related policy adherence.
• Regular engagement with stakeholders from supporting data domains for review of areas impacting GCIB data.
• Implementation of golden source structure for GCIB deal data domain and ongoing review of additional needs for registry and implementation.
• Engage in annual initiative and regulatory funding cycle for GCIB, partnering to ensure key data strategy priorities are reviewed as part of the cycle for appropriate prioritization.
• Engage in audits, regulatory exams, and target assessment, as required.
• Ensure compliance with applicable policies and standards along with evidence of compliance.
• Coordinate across GCIB product areas to ensure consensus on approach for new data domains, golden sources, and controls.
• Establish and execute on a structured channel to review GCIB processes so that they remain adherent to data architecture strategy.
• Escalate risks to programs. Partner with key stakeholders and develop solutions and deliver mitigating actions in support of successful completion of the program.
• Develop strong relationships to navigate the complexities of gaining buy-in, building consensus, and resolving conflicts in a large, distributed organization.
• Build and manage a cross-regional team of high performers and develop a team culture based on BofA’s core values and GCIB’s goals.

Key Requirements:

• Experience in similar role along with cross-regional team management experience.
• 20+ years of experience in strategic risk program governance (preferred).
• Experience with dealing with complexity of Global data issues and regulations.
• Understands GCIB business and products and can take ownership of delivery.
• Strong leadership qualities and result-driven approach.
• Excellent verbal and written communication skills and ability to simplify and summarize complex data priorities / technical concepts to executive stakeholders.
• Ability to work in fast-paced, work-intensive organization and be able to adapt to changing priorities while delivering with high accuracy.
• Passion for building a culture of collaboration and teamwork.
• Ability to operate independently and collaborate across a wide span of stakeholders including bankers, senior leaders, risk partners, and regulators/auditors.
• Control-focused mindset and good understanding of regulatory and reputational risks.

Shift: 1st shift (United States of America)

Hours Per Week: 40

Pay Transparency details:

Pay range: $225,000.00 - $400,000.00 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.