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Technology Executive

Bank of America

Bank of America

IT
New York, NY, USA · United States · Remote
Posted on Wednesday, July 3, 2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
This job is responsible for building and leading an organization to deliver technology products and services that meet strategic business outcomes. Key responsibilities include enabling the portfolio strategy by setting strategic technology outcomes, creating a resource and people development strategy, managing the financial and resource plan, advocating and advancing organizational agility, improving end-to-end processes, and promoting learning and improvement. Job expectations may include coaching, mentoring, and driving leadership succession planning and development of employees.

Responsibilities:

  • Manages relationships with business and technology executives/sponsors and vendors for technical products and understands the work deliverables and performance of the Technology Management team by following outcomes from business and client feedback
  • Creates an inclusive and healthy working environment and helps to resolve organizational impediments/blockers by sponsoring opportunities that improve processes, staying close to teams and their experiences, and identifying new opportunities to enhance efficiency and gain a competitive advantage
  • Conducts portfolio level resourcing and financial management activities, establishes target outcomes through objectives and key results, tracks strategic technology outcomes aligned to the portfolio strategy, and promotes the organization and its resources to achieve them
  • Facilitates performance and career development of teams through performance reviews, coaching, and creating development plans that are needed to build competencies and skills
  • Establishes a culture of risk and compliance management, ensuring the organization is compliant with all applicable policies and standards
  • Ensures that execution is aligned with Portfolio strategy by working with Portfolio Product Executives and other value stream stakeholders
  • Manages procurement, vendor evaluations, and negotiating vendor contracts for technical products and services for the organization

Managerial Responsibilities:
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.

  • Diversity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company D&I goals.
  • Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
  • Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
  • Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
  • People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
  • Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.
  • Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
  • Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Skills:

  • Business Acumen
  • Financial Management
  • Influence
  • Result Orientation
  • Risk Management
  • Analytical Thinking
  • Collaboration
  • Data Management
  • Stakeholder Management
  • Technical Strategy Development
  • Architecture
  • DevOps Practices
  • Solution Delivery Process
  • Solution Design
  • User Experience Design

Position Summary

Senior Executive to set the vision and drive our NFRR

strategy, overseeing a substantial portfolio (80mmm+)

and managing a large organization (300+). This pivotal

role requires strategic leadership to establish a clear

vision for regulatory reporting, ensuring compliance and

driving execution across multiple programs. The ideal

candidate should possess a proven track record in

executive leadership, strategic planning and a deep

understanding of the regulatory landscape. The role will

ensure the NFRR space is tied to the wider GMT

simplification efforts and to the enterprise Big Rock

initiatives.


Required:

  • Bachelor’s degree in Comp Science, information technology , Engineering or related field
  • Minimum of 15 years of experience in technology leadership roles, with a proven track record of managing large , complex technology teams and projects
  • Demonstrated ability to lead, mentor, and motivate high performing technical teams
  • Proven experience in strategic planning and execution
  • Ability to multiple multiple projects and multiple Senior level stakeholders simultaneous
  • Proven record of on time and on budget delivery
  • Experience in the financial services industry particularly in the areas related to regulatory reporting, compliance, and risk management
  • Excellent verbal and written communication skills
  • Ability to work collaboratively across departments and with senor management

Desired:

  • Master’s degree in Comp Science, Information systems, Business administration or a related field
  • Experience in driving digital transformation initiatives and foster a culture of innovation
  • Experience managing relationships with third party vendors and service providers
  • Demonstrated commitment to diversity, and inclusion in the workplace
  • Ability to foster ad collaborative and inclusive team environment

Shift:

1st shift (United States of America)

Hours Per Week:

40