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!

Job Description:
This job is responsible for managing cross-functional and/or inter-departmental projects for Line of Business products, processes, functions, and employee readiness. Key responsibilities of the job include partnering with the business to develop a plan to sustain change, evaluating current methods, and developing strategies to implement changes and project improvements. Job expectations include overseeing projects, using appropriate tools to drive project completion, and serving as a secondary point of contact to department managers for critical change initiatives.

The role will be as a Project Manager working on the Operations Change and Transformation team for Global Markets initiatives.  The key purpose of the Change & Transformation Project Manager is to partner with the business & support partners with responsibility for prioritizing, sponsoring and implementing multiple and varied change initiatives driven by business, legal, regulatory, compliance or market requirements.  The change portfolio includes a mix of strategic, discretionary and mandated initiatives.  The discretionary items aim to improve the client experience, support revenue growth, reduce operating costs, improve processing efficiency/control and support the delivery of new products and services.  Mandates are driven by legal, regulatory, compliance or market changes.
The extent of the Change & Transformation team involvement in projects depends on the ownership, nature, scale and complexity of each. For some projects the team manages the initiative from inception through to implementation of the solution. For others, the team is accountable for just part of the project life cycle, such as production of a business case and requirements or co-ordination of user acceptance testing.  In delivering a project, the team works closely with the Global Markets Operations functions, as well as other stakeholders including the Front Office, Technology, Finance, Tax and Treasury
This role's primary focus is the project management focused on Transaction Reporting within Regulatory Change.
There are multiple streams of work within the Operations Change Transaction Reporting Portfolio which include changes across each LOB to be compliant with various regulations such as MIFID II, EMIR, CFTC, SFTR amongst others.  This role will also involve partnering with our Operations & Technology teams to define and build out solutions for the post implementation gaps including coordination of SIAIs, tail risk co-ordination and delivery. 

Responsibilities:

Oversees the execution of defined project tasks through tracking of deliverables and their statuses, developing project plans, and measuring progress against ongoing key performance indicatorsLeads project and/or remediation requirement documentation efforts based on identified gaps and controls needed for sustained performancePlans and organizes projects using appropriate tools and techniques, including Technology platforms used by client facing employees, change management tools, and risk and issue management tools to ensure efficient and effective project completionNavigates across various Lines of Business and partner organizations, including Technology and Risk, leading them to negotiate decision making for efficient and effective resolutionSupports the adoption and sustainment of change initiatives and helps assess adoption risks Develops, maintains, and reports on an overall integrated delivery plan, raising any risks, developing a mitigation plan, and escalating issues appropriately to respective stakeholders

Required Skills: The responsibilities of the successful candidate will include participating in and/or ownership of the following functions:
• Problem analysis and definition
• Co-coordinating activities across the project team
• Identifying and managing project risks and issues
• Managing small to medium sized projects.

• Significant experience working in project / change management
• Previous global markets / regulatory projects background advantageous
• Strong business partnering skills with individuals across the organization
• Desire to work in a dynamic and fast-paced environment
• Previous team management experience with small to mid-size teams
• Strong verbal and written communication skills
• Ability to prioritize work and meet deadlines
• Ability to work independently
• Management of strict deadlines
• Experience with DAIC and Agile methodologies
o Developing project schedules and milestones
o Maintain and publish project documentation
o Managing project implementation and reporting on progress against plan and budget utilization
o Identifying and managing project risks and issues
o Running working groups as required
o Conducting post-implementation reviews in order to draw out lessons learnt and ensure benefit realization
• Assisting with the implementation of large market mandatory and regulatory projects
• Managing acceptance testing in line with testing strategy where applicable
• Conducting post-implementation reviews in order to draw out lessons learnt and ensure benefit realization.
• Participating in the continuous improvement of processes and quality standards.

Desired Skills:

Planning and OrganizationManages own time well, agreeing priorities. Multi-tasks effectively, works well under pressure and meets tight and changing deadlines.Creates and maintains clear project plans and other project related documentation.Communication SkillsCommunicates clearly and concisely, verbally and written.Confident when hosting a meeting or conference call.

This role provides an excellent opportunity to build an extensive network across operations, requiring interaction with front office, support operations and technology.

Additional Responsibilities:
• Serving as a primary contact to senior department managers for critical change initiatives
• Communicating, influencing and negotiating to obtain or leverage necessary resources
• Creating a clear, coherent approach to guide effective program/initiative setup, execution, and control
• Ensuring clearly defined responsibilities and accountabilities for key program/project roles
• Integrating knowledge of end-to-end business process into program planning and decision making
• Developing, maintaining, and reporting on an overall integrated delivery plan
• Participate in strategic and horizontal activities as directed by management
• Encouraging the identification, escalation and timely mitigation of work stream and program risks
• Performing reviews of work streams and supporting technology activities
• Anticipates risks and obstacles and devises plans to manage them
• Pursues aggressive goals and continuously raises performance expectations to achieve excellence
• Challenges the status quo and seeks opportunities for improvement
• Holds others to account for their responsibilities
• Strong analytical and problem solving skills

Shift:

1st shift (United States of America)

Hours Per Week: 

40