What are the responsibilities and job description for the GCIB Lead, MNPI Program - Director position at Bank of America?
New York, New York; Jersey City, New JerseyGlobal Corporate & Investment Banking (GCIB) is enhancing its data management capabilities. This includes executing a strong data architecture program as well as controls for Material Non-Public Information (MNPI). This role will play a pivotal part in driving MNPI enhancements and their ongoing sustainment. The role requires a strategic approach to managing the MNPI risks, combining global and business priorities with cross-regional requirements. It also requires partnering with stakeholders in GCIB and the rest of the Enterprise to drive regulatory adherence, strengthen frameworks for MNPI risk management and mitigation, enhance operational excellence and meet GCIB’s goal to be the best-in-class. The role will cover Investment Banking, Capital Markets, Corporate Banking and Leasing businesses across global markets. Driving a structured and efficient adherence of MNPI requirements while enabling the business is a key focus of this role as is supporting GCIB leadership in making informed decisions.Key responsibilities include but are not limited to : Partner with the GCIB Data Management Executives, GCIB Technology leads and Line of Business in the design of a strong MNPI adherence program. 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.Document, own and execute the MNPI oversight process.Regular engagement with stakeholders for review of areas impacting GCIB data.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 prioritisation.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 MNPI controls.Establish and execute on a structured channel to review GCIB processes so that they remain adherent to MNPI requirements.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.Key Requirements : Previous experience in MNPI risk management roles or similar risk management in Investment banking business.12 years of experience in risk management program execution.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 team-work.Ability to operate independently and collaborate across wide span of stakeholders including bankers, senior leaders, risk partners and regulators / auditors.Control focused mindset and good understanding of regulatory and reputational risks.Pay and Benefits Information : Pay Range : $175,000.00 - $250,000.00 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.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.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.#J-18808-Ljbffr
Salary : $175,000 - $250,000