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 planning and coordinating the execution of project/small program deliverables which requires the engagement of multiple teams. Key responsibilities include communicating work objectives, coordinating delivery, facilitating sync points across teams, providing end-to-end visibility into the health of the deliverables, and managing program risk and compliance to standards. Job expectations include ensuring delivery meets the client’s expectations in terms of the functionality, quality, timeline, and cost.
Position Summary:
This role is within the Cloud Governance team that manage the end to end process of Regulatory impacts to the Cloud defined by Laws, Rules, and Regulations (LRR’s). The role ensures compliance with applicable global LRR’s and internal policies and procedures to reduce exposure to financial loss, reputation harm or regulatory sanctions. The role will also have responsibility for the evaluation, mapping and alignment to common cloud industry standards.
Primary Responsibilities:
- The Cloud Governance role will be responsible for monitoring of the Compliance alert queue to ensure timely notifications are being met in accordance with the Laws Rules and Regulations that align to Cloud/Cloud Service Providers.
- The investigation/review of the Cloud Controls to understand impacted Controls and review of Cloud Inventory to ensure timely compliance to the LRR has occurred.
- The communication of new LRRs as the landscape of Cloud changes to management.
- Conducting assessments of current and new global regulatory requirements related to cloud, identifying gaps and providing recommended remediation actions.
- Development of appropriate mappings of bank and third party managed cloud controls to specific regulatory requirements.
- Enable the Bank's Cloud Strategy while maintaining compliance with policies, controls, and regulations, driving operational excellence and industry best practices for financial services cloud computing
Responsibilities:
- Leads and coordinates routines to support delivery (for example, kick-offs, status reviews, stakeholder meetings, change controls, and tollgates, etc.)
- Manages coordination of delivery and dependencies across multiple teams
- Facilitates communication and collaboration across organizations to support the deliverable completion and timeline
- Provides status updates for the deliverables to stakeholders and leadership pertaining to delivery, risks, issues, and schedule
- Works with sponsors and stakeholders to ensure that execution is aligned with deliverable requirements
- Supports resource planning for delivery and execution
- Ensures adherence with Enterprise Change Management standards
- Enable the Bank's Cloud Strategy while maintaining compliance with policies, controls, and regulations, driving operational excellence and industry best practices for financial services cloud computing
Required Qualifications
- Competent in the interpretation of laws, rules, regulations (LRR’s)
- 3-5 years’ experience working in a compliance/regulatory setting
- Critical Thinking – Manage by Fact
- Ability to balance risks in ambiguous and complex situations
- Drive continual service improvement
- Excellent communication skills
- Experience in data protection and legal compliance
- Highly motivated to contribute and grow within a complex area of emerging importance
Desired Qualifications
- Knowledge of global cloud and third-party outsourcing regulations related to financial services firms
- Knowledge of CSM – CCM/CAIQ and CRI - Cloud Profile 2.0
- Knowledge of Cloud Security Review Process and Permit to Send
- Knowledge of NIST(National Institute of Standards & Technology), Cloud related frameworks and regulations related BofA policies and standards
- Industry certifications such as CSA CCSK/CCAK, ISC2 CCSP, AWS/Microsoft/Google CSP specific cloud knowledge certifications
Skills:
- Collaboration
- Project Management
- Result Orientation
- Solution Delivery Process
- Stakeholder Management
- Analytical Thinking
- Business Acumen
- Financial Management
- Influence
- Risk Management
- Agile Practices
- Architecture
- Data Management
- Solution Design
- Technical Strategy Development
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101)Pay and benefits informationPay range$65,800.00 - $155,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.
