Privileged Access Management (PAM) Sr Specialist

Privileged Access Management (PAM) Sr Specialist

Chicago, Illinois;Washington, District of Columbia

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!

Responsibilities

This role reports directly to the Technology Executive for Authentication, Privilege Access Management Service and Cloud IAM. This role is primarily responsible for ensuring that relevant Privileged Access Controls are adequately enforced across platforms and applications to comply with IAM Standard.

Partner with PAM Governance leads to ensure that Privileged Access Controls are appropriately measured, reported and governed.

Appropriately assess Privileged Access risk when business and technology decisions are made, demonstrating risk management mindset and practices to safeguard BAC’s reputation, its clients, and assets by driving compliance with applicable laws, rules, and regulations, adhering to BAC Policy and Standards.

Monitors industry information security and PAM trends and engages peer organizations to refine and enhance BAC’s PAM strategy.

Apply industry PAM best practices, templates, and documentation while also proposing improvements based on practical knowledge.

Provide extensive Active Directory security best practices and consultation to the cross functional teams, ensuring compliance with IAM standards, and better protect privileged accounts against cyberattacks.

Develop new PAM requirements and cloud-based security solutions and govern cloud identities.

Establish and maintain strong partnership with other Global Information Security (GIS) functions, Core Technology Infrastructure (CTI), Cyber Security Technology (CST), Third Party management, Global Compliance and Operations Risk (CGOR), internal audit, and regulatory agencies.

Influence technology and PAM tools owners to build / implement enhanced PAM solutions that are efficient, effective, and modern and able to result in material risk reduction in sustainable manner.

Collaborate with stakeholders to develop PAM requirements that iteratively support long term PAM modernization and transformation (covers Process, Data and Technology aspects).

Engage with Product Managers and Senior Architects to comprehend the strategic PAM technology roadmap, which dictates the need for modernized security principles.

Consult with the business to identify gaps and governance issues, leveraging own domain expertise to find effective solutions.

Clearly articulate reasons and methods behind proposed changes through informative materials for educating others.

Provide education to team members and technology partners regarding the proposed changes.

Partners with the policy governance team for socialization and publication of proposed changes to the PAM Standard

Takes accountability for addressing PAM risks. Proactively identify risk and ways to continuously enhance and improve BAC’s PAM controls. Implement and take decisive actions in finding solutions. Drives towards intended outcomes.

Engage senior management to provide factual, transparent, and timely reporting on existing and emerging PAM or information security risks.

Active participation in GIS IAM / PAM forums including but not limited to Monthly IAM Stakeholder Forum and Control Owner Forum for standard and Single Process Inventory (SPI) enhancements.

Supports audit issues for closure and sustainability

Required Skills

Extensive knowledge and understanding of PAM-specific laws, rules, and regulations within the financial services sector.

Understanding and interpreting BAC’s established information security Policy, Standards, Procedure and Guides, and applying this knowledge to related PAM decisions and response. Serve as the Subject Matter Experts in advising BAC business and technology counterparts on effective ways to achieve or exceed compliance with applicable Policy, Standards, Procedures and Guides

Proficient in implementing and governing Risk and Role based access security controls.

Extensive experience in managing Active Directory to enforce privileged access controls.

Ability to influence cloud technology owners to build more secure processes.

Strong understanding and risk management mindset, proactively mitigating PAM related risks.

Familiarity with security standards such as NIST, ISO / EC, FFIEC.

Possession of CISSP certification would be an advantage.

Expert level knowledge of privileged access management methodologies and techniques for on-prem and Cloud implementation.

Expert knowledge of PAM related tools which support session proxy, vaulting, just-in-time provision, integration with service management tool would be an advantage.

Bachelor’s Degree or equivalent work experience

10 years relevant hands-on experience in PAM with at least of 5 years of management experience

Deep security knowledge which covers core technology infrastructure (network, storage, servers, databases, etc.) identity management and application security practice.

Deep experience with Linux, Windows, Cloud scale Identity, Access Management (Single Sign-On, Multi Factor Authentication), Authorization services or design and architecture of PAM services

Expert level knowledge of authentication platforms such as Active Directory, LDAP, Kerberos, LDAP, Radius.

Deep knowledge on Federation platforms or protocols such as Oauth, OpenID, SAML, WS-Fed, etc.

Working level experience with IAM platforms such as Ping Identity, Active Directory OpenLDAP, OpenDJ

Experience in consumption of Web Service APIs such as JSON / XML

Hand on experience and proficient with AWS, Azure, GCP, and / or Cloud Technologies will be an advantage.

Proficient in articulating facts and data-driven plans and to partner with stakeholders to implement intended solutions to drive risk reductions and adherence to PAM standards.

Strong attention to detail and advanced analytical skills.

Excellent communication and presentation skills.

Excellent organizational skills and be able to effectively prioritize multiple tasks

Desired Skills

Hands on experience and involvement in large and complex projects

Proficient in data management which includes strong data analytical capability with advanced understanding of the collection and management of metadata

Efficient in motivating, engaging, and leveraging other teams and business partners to efficiently deliver business solutions. Proven track record of influencing and relationship management skills.

Proficient in Microsoft Office suite of products with ability to quickly analyze and synthesize large volumes of data

Pro-active and able to drive direction of work that needs to be completed, ability to work independently on initiatives with little oversight. Motivated and willing to learn.

Confident and effective in delivering messages across a wide spectrum of individuals with varying degrees of technical and business understanding

Deep knowledge of bank financial practices and policies and ability to adapt to fast changing environment

Knowledge of Compliance Certifications such as SOX, SOC, SOC2.

This job will be open and accepting applications for a minimum of seven days from the date it was posted.

Shift :

1st shift (United States of America)

Hours Per Week :

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.