Global Markets Change Management… at Bank of America · New York

Job Description:

The Global Market Change Management (GMCM) team is responsible for coordinating and supporting end to-end solutions for regulatory and strategic business change. 

Team members lead projects and act as thought leaders for large strategic and regulatory change projects that impact Global Market’s AMRS region. These can involve working closely with all parts of Global Markets, including Sales, Trading, as well as related teams in Legal, Compliance, Risk, Operations and Technology, both in the region and more globally. These projects are typically high profile and involve a high degree of strategic problem solving to ensure regulatory and/or commercial viability.

The candidate will form part of a well-established and high-performing GMCM team in AMRS and globally.

Job Description

As part of the GMCM team, this role will assist with managing regulatory and strategic initiatives, which may include:

• Program management, both on an end-to-end basis, and/or discrete sub-components
• Driving work in coordination with relevant Business teams, as well as Support and Control partners, to ensure a consistent approach and that appropriate control frameworks are established
• Running and/or participating in governance routines to facilitate key deliverables
• Reviewing underlying legal/regulatory requirements with key stakeholders to determine business impact and appropriate response
• Working with Legal and Compliance on regulatory interpretation to ensure commercial and regulatory considerations are considered and balanced
• Collaborating with Business, Compliance and Legal teams to design and deliver training on key regulations / strategic projects
• Delivering process walkthroughs, and appropriate ‘audit trail’ on project work
• Supporting several high profile projects concurrently
• Escalating issues for senior management decisions where required and influencing outcomes
• Coordinating cross-border and/or cross legal entity conformance on such projects
• Supporting or leading cross-LOB coordination on key regional and global initiatives to ensure consistency and to identify/resolve any overlaps or conflicting guidance by business/jurisdiction

Desired Skills and Competencies

• Comfort and familiarity with GM businesses (FICC, Equities, PB, F&O, etc.)
• Understanding of AMRS Regulations, such as CFTC, SEC and FINRA rules
• Program/project management experience with demonstrated ability to build project roadmaps, manage several key stakeholders and assistance with delivery
• Excellent verbal and written communication skills with ability to simplify complex information into messages targeted to various levels of leadership
• Excellent critical thinking/problem solving skills and execution minded
• Takes initiative and demonstrates a focused desire to understand responsibilities and drive/implement improvements
• Very strong attention to detail
• Able to adapt to changing business/regulatory environments
• Experience working with technical teams and translating technical concepts to business audiences
• Must be able to work well in collaborative team environment
• Excellent time management skills and ability to manage multiple competing/concurrent activities
• Proficiency in Excel, Word and Power Point
• Demonstrated ability to leverage generative AI tools (e.g., LLMs) to enhance day-to-day productivity across analysis, documentation, and stakeholder communications
• Proficient in data aggregation, integration, and analysis  

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$95,000.00 - $100,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This 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.

Benefits

This 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.