Senior Project Manager

Bank of America; Jersey City (NJ); On-site; USD 90,000 - 130,000; Full time

Job summary

An established industry player is seeking a Senior Project Manager to lead complex projects in regulatory reporting. This role involves collaborating with various stakeholders to ensure compliance with financial regulations, managing project timelines, and facilitating communication between teams. The ideal candidate will possess strong project management skills and a deep understanding of financial regulatory requirements. Join this dynamic team to make a significant impact in the financial sector, where your expertise will drive essential changes and improvements.

Qualifications

• Experience in financial regulatory reporting requirements like MiFID/MiFIR.
• Strong project management skills with a focus on regulatory projects.

Responsibilities

• Manage complex cross-functional programs and projects for financial services.
• Oversee regulatory transaction reporting implementation projects.

Skills

Controls Management

Issue Management

Problem Solving

Process Management

Process Performance Measurement

Monitoring, Surveillance, and Testing

Policies, Procedures, and Guidelines Management

Tools

Microsoft Office

JIRA

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 a diverse and 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.

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

Job Description:
This job is responsible for managing complex to high risk cross-functional and/or inter-departmental programs or projects for Line of Business products, processes, functions, and employee readiness. Key responsibilities include partnering with the business to develop a plan to sustain change, evaluate current methods, and drive strategies to implement changes/improvements. Job expectations include serving as the primary point of contact to department managers for critical change initiatives, using tools to document program performance, and influencing stakeholders to make strategic changes.

The Global Markets Change and Transformation team are looking for a Senior Project Manager. We are a team of 30+,split into two equal sub teams, spread across Chester, London, Dublin and New Jersey. You will be responsible for overseeing projects and workstreams to implement transaction reporting regulation changes. Role will provide project lead oversight of delivery along with local resources.

• You will provide management and oversight of multiple regulatory transaction reporting implementation projects within TRCG
• You will work closely with internal stakeholders to deliver to regulatory requirements and plan timelines across a number of parallel projects
• Liaise with Technology partners to understand costs and timeframes for development work and factor this in to project plans and project communications
• Manage and run senior governance routines to manage the project portfolio
• Provide senior management updates and engage senior leaders in status updates and escalation discussions
• You will liaise with testing and quality assurance processes to confirm accuracy of reporting and ensure project development is aligned to requirements
• You will identify critical risks and dependencies and work to mitigate these to maintain project delivery
• Help to manage resource alignment and cost allocation in partnership with stakeholder teams

Responsibilities:

• Defines responsibilities and accountabilities for key project roles and oversees the execution of defined programs and/or project tasks through tracking of deliverables and their statuses, developing project plans, and measuring progress against ongoing key performance indicators
• Leads the adoption and sustainment of change initiatives and assesses adoption risks
• Leads remediation requirements documentation efforts based on identified gaps and controls needed for sustained performance
• Leads and plans programs and projects using appropriate tools and techniques, including Technology platforms used by client facing employees, change management tools, and risk and issue management tools to ensure efficient and effective project completion
• Develops, maintains, and reports on an overall integrated delivery plan, raising any risks, developing a mitigation plan, and escalating issues appropriately to respective stakeholders

Required Skills:

• You will have knowledge of financial regulatory reporting requirements e.g. MiFID/MiFIR (TR and PTT), EMIR, SFTR and FinfraG reporting
• You will have experience of working with regulatory projects within Investment Banking (Global Markets) or financial services
• You will have Project Management experience including analysis techniques and an understanding of project management methodologies.
• You will have experience of providing both written and verbal updates for senior leaders and managing effective escalations
• Experience of tracking multiple projects/workstreams as part of a portfolio of work and the governance routines required to manage broad workstreams

Desired Skills:

• Excellent communication, both verbal and written, will be an advantage
• Track record of effective stakeholder management
• A proven track record of liaising with technology teams will be a plus
• Being able to work unsupervised and to tight deadlines would be a plus
• Experience working with Microsoft Office and JIRA would be an advantage

Skills:

• Controls Management
• Issue Management
• Problem Solving
• Process Management
• Process Performance Measurement
• Monitoring, Surveillance, and Testing
• Policies, Procedures, and Guidelines Management

Jersey City, NJ pay and benefits information

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling 1.877.760.2076. This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Please note: Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.