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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for leading a team to maximize the value delivered through multiple programs and/or value streams within a small, less complex delivery portfolio. Key responsibilities include managing and developing the team through coaching, mentoring and feedback, aligning strategy, and execution by applying Lean and systems thinking approaches to strategy, investment funding, portfolio operations, and governance. Job expectations include managing the portfolio, ensuring compliance to standards, and driving continuous improvement to operations and governance.

LOB Job Description:

This role is for a Portfolio Delivery Manager within the Strategic Full Reval Capability (SFRC) team.  SFRC is Global Market’s strategic platform on Quartz delivering for all Regulatory Risk commitments including Fundamental Review of the Trading Book (FRTB) for all legal entities.

The role offered is for a senior Program Manager to derive the completion of the FRTB program.  FRTB is a multi-year and complex initiative which is mandated by Regulatory rules of the jurisdiction that the bank operates in.  This is a senior business stakeholder facing role and the successful candidate is expected to have 15+ years of experience in financial technology organization specialized in trading and risk management including derivatives pricing, sensitivity computation, simulation , P/L explains and stress scenarios calculation across different asset classes traded in Global Markets. The successful candidate will possess excellent communication, collaboration, people management skills and demonstrate capability for managing simultaneous multiple competing priorities across BAU and Initiatives.

Exposure and familiarity with FRTB Rules is preferable but not essential.

Key responsibilities include managing and developing the team through coaching, mentoring and feedback, aligning strategy, and execution by applying Lean and systems thinking approaches to strategy, investment funding, portfolio operations, and governance. Job expectations include managing the portfolio, ensuring compliance to standards, and driving continuous improvement to operations and governance.

Responsibilities:

Directs and leads a delivery team aligned to a portfolio and mentors Delivery LeadsManages and improves portfolio operations and governance processes, ensuring risks and roadblocks are escalated and resolved quicklyBuilds relationships with business and technology executives across multiple organizations, as well as Compliance and RiskPartners with the key stakeholders and leaders to define the vision and creating the portfolio roadmap aligned to strategic goalsProvides status updates and reporting for the portfolio to stakeholders and leadership pertaining to the desired outcomes, delivery, risks, issues, and scheduleManages overall portfolio financials, Profit and Loss (P&L), and performanceEnsures adherence with Enterprise Change Management standards

Required Qualifications:

15yrs+ Experience on managing Trading Risk related programs.Strong communication, and presentation skillsGood leadership, people management skills and ability to collaborate effectively across diverse/global teamsExperience working with Traders, Desk Heads, Market Risk Managers, Finance, Quants, Model Validation teams and RegulatorsAbility to successfully lead and deliver complex/critical and large-scale horizontal projectsExperience in Agile/Scrum Management and Agile ToolsExperience in Programme Budget planning, Control, Maintenance and reporting

Desired Qualifications:

Knowledge of Python

Skills:

CollaborationInfluenceResult OrientationRisk ManagementStakeholder ManagementAnalytical ThinkingBusiness AcumenData ManagementFinancial ManagementSolution Delivery ProcessAgile PracticesArchitectureDevOps PracticesSolution DesignTechnical Strategy Development

Shift:

1st shift (United States of America)

Hours Per Week: 

40