Bank of America Corporation

Business Information Security Officer (BISO) - CFO and GRM

Bank of America Corporation$99K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 2-5 years of experience in technology; 5+ years in information security.
  • Experience in risk management activities: assessments, control evaluations, remediation.
  • Knowledge in application, infrastructure, cloud, data protection, and identity security.
  • Familiarity with risks from cloud computing, AI, and encryption technologies.
  • Evaluative skills for security findings and control gaps; recommending solutions.
  • Strong business acumen in finance and regulatory environments.
  • Excellent communication skills for translating technical concepts to non-technical audiences.
  • Experience collaborating across various teams to influence decision-making.

Responsibilities

  • Develop and improve information security practices for CFO and GRM functions.
  • Act as primary liaison for information security between business and technology teams.
  • Support security reviews, risk exceptions, and governance processes for technology.
  • Provide input on strategic initiatives and transform business programs with security insights.
  • Communicate risk summaries and key issues to management in reporting.
  • Monitor emerging threats and control requirements for business functions.

Benefits

  • Eligibility for industry-leading benefits package.
  • Access to paid time off to promote employee well-being.
  • Support resources to help employees drive their impact in the organization.
Full Job Description

Job Description:

Business Information Security Officer
The Information Security Officer will be a member of the Business Information Security Officer (BISO) organization and work closely with the Chief Financial Officer (CFO), Global Risk Management (GRM) teams, their COO partners, and supporting technology teams from the Chief Information Officers (CIOs) / Chief Technology Officers (CTOs). In this role, the individual will develop a strong understanding of business, technology, control-function, and regulatory priorities to enable informed information security risk discussions, identify the most significant risks, and provide practical guidance on information security requirements, policies, exceptions, and controls. The role will support finance, treasury, enterprise risk, regulatory affairs, and financial crime-related processes and will coordinate across business, technology, risk, legal, compliance, vendor management, and information security stakeholders.

Required Qualifications
•    2–5 years of experience in technology and 5+ years of experience in information security.
•    Experience supporting information security risk management activities, including risk assessments, control evaluations, issue management, remediation tracking, and exception reviews.
•    Knowledge of application, infrastructure, cloud, data protection, identity and access management, and third-party security concepts.
•    Familiarity with information security risks associated with cloud computing, artificial intelligence solutions, data management platforms, encryption, and cryptographic technologies.
•    Ability to evaluate security findings and control gaps and recommend practical, risk-based solutions.
•    Strong business acumen and the ability to understand information security risks within finance, risk management, regulatory, or other control-function environments.
•    Strong analytical, organizational, and problem-solving skills with the ability to manage multiple priorities simultaneously.
•    Excellent written and verbal communication skills, including the ability to present technical concepts to non-technical audiences.
•    Experience collaborating across business, technology, risk, and governance teams to drive outcomes and influence decision-making.
•    Demonstrated ability to work independently, proactively identify and assess emerging information security risks, drive issues to resolution, and effectively manage competing priorities with limited oversight.

Scale / Scope
•    Contribute to the development, implementation, and ongoing improvement of information security practices supporting CFO and GRM functions, including finance governance, treasury, enterprise risk, regulatory affairs, and business control activities.
•    Serve as the primary information security liaison between business, technology, and Global Information Security teams for assigned portfolios, providing day-to-day security guidance and support.
•    Support information security reviews, risk exceptions, control assessments, remediation activities, and governance processes for applications, infrastructure, cloud services, and third-party providers.
•    Provide information security input on strategic initiatives, technology modernization efforts, vendor engagements, and business transformation programs.
•    Prepare and communicate information security reporting, risk summaries, and key issues requiring management awareness or decision-making.
•    Monitor emerging threats, control requirements, and risk trends relevant to supported business functions.

Risk Management
•    Evaluate information security risks, control gaps, compensating controls, remediation plans, and exception requests to support informed risk decisions.
•    Partner with business, technology, and risk stakeholders to identify, assess, prioritize, and manage information security risks throughout the lifecycle of applications, services, and third-party relationships.
•    Review findings from security assessments, vulnerability management activities, audits, and other control reviews, and facilitate remediation planning and risk treatment.
•    Assess security considerations associated with vendors, cloud services, data protection, identity and access management, application security, and technology architecture decisions.
•    Track and escalate material risks, overdue remediation efforts, and emerging concerns that may impact the supported business or control functions.
•    Support regulatory, audit, and governance-related activities requiring information security engagement or oversight.

Leadership / Strategy
•    Build strong relationships with business, technology, legal, compliance, risk, and vendor management partners to promote effective information security practices.
•    Translate technical security risks into clear business impacts and recommendations that enable practical and informed decision-making.
•    Help business and technology partners navigate information security requirements, review processes, and governance expectations.
•    Participate in business, technology, and risk operating routines to ensure information security considerations are incorporated into strategic planning, technology decisions, and operational processes.
•    Support the development of a strong risk culture by promoting accountability, proactive risk identification, and timely remediation of security concerns.
•    Maintain awareness of information security risks associated with cloud services, artificial intelligence solutions, large-scale data platforms, emerging technologies, and cryptographic controls, and engage appropriate subject matter experts as needed.
•    Prepare concise written materials and executive-level communications for leadership, governance forums, and stakeholder discussions.

Required Skills
1. Controls Management
2. Cyber Security
3. Data Governance
4. Information Systems Management
5. Risk Management
6. Architecture
7. Customer and Client Focus
8. Executive Presence
9. Threat Analysis
10. Vendor Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CO - Denver - 1144 15th St - Denver Gis (CO9926), US - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842), US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

Pay and benefits information

Pay range

$99,200.00 - $145,000.00 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.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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