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GRM Data Governance, Business Control Manager

Bank of America

Bank of America

Charlotte, NC, 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:
Global Risk Management (GRM) leads bank-wide initiatives for management of all aspects of risk, including strategic, market, credit, compliance, liquidity, operational, model and reputational risk matters to support sustainable, profitable corporate growth.

In a data driven economy, strategic data asset management is foundational to add to the enterprise value. Within GRM, we have established the Data Strategy & Management Executive (DSME) function. A key pillar of this function is a strong Data Governance foundation. Under the GRM Data Governance Executive’s leadership, the Business Controls Manager will oversee data standards adherence, data issue management, governance programs, and processes and controls in place to ensure data health across GRM.

Responsibilities:

  • Monitor adherence to Policy/Standard requirements and partnering with Subject Matter Experts in the Risk Lines of Business to establish and maintain breach remediation plans
  • Establish consistent data health reporting/dashboards across GRM
  • Oversee the development and maintenance of GRM-wide data management procedures
  • Perform thematic analysis of data-related issues and incidents
  • Ensure GRM data-related initiatives are aligned to the DSM strategy
  • Oversee DSM-owned audit issues to ensure timely and sustainable remediation
  • Drive partnership with 2nd and 3rd line to maintain a strong control environment
  • Oversee the completion of attestations required by Policy and/or Standards
  • This individual may also assist with the following, as needed:
    • Develop and implement a robust stakeholder engagement strategy and communication plan
    • Establish and execute against a DSM Employee Engagement action plan
    • Establish and maintain the GRM DSM Operational Excellence/SIM portfolio, ensuring alignment to the DSM strategy

Skills:

  • Direct experience in a risk or business controls role, preferably within the financial industry
  • Exceptional leadership, communication, and stakeholder management skills
  • Strategic thinking, intellectual curiosity, and a keen focus on operational excellence
  • Excellent analytical and organizational skills
  • Proven ability to work in a complex, fast-paced and evolving environment
  • Risk and Controls Management
  • Strategy Planning and Development
  • Continuous Improvement
  • Drives Engagement
  • Influence
  • Strategic Thinking
  • Data and Trend Analysis
  • Decision Making
  • Problem Solving
  • Quality Assurance

Desired Skills:

  • Direct experience in a data management role, preferable within the financial industry

Shift:

1st shift (United States of America)

Hours Per Week:

40