Bank of America Corporation

Consumer AML Program Lead

Bank of America Corporation$76K — $148K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of project management experience
  • Strong analytical and communication skills
  • Experience with Microsoft Project, Excel, PowerPoint, and SharePoint
  • Proven ability to manage projects through all life cycle stages
  • Demonstrated teamwork and leadership capabilities
  • Consumer AML Technology exposure is a plus
  • Familiarity with Agile methodologies and JIRA is beneficial

Responsibilities

  • Assists with program controls and helps define governance structures
  • Partners with cross-functional teams to develop project scope and deliverables
  • Tracks program milestones and develops measurement progress
  • Analyzes program risks and produces reports for stakeholders
  • Identifies requirements for teams and vendors to align with objectives
  • Negotiates decisions for efficient resolution of project issues
  • Builds relationships with stakeholders to provide project transparency

Benefits

  • Eligible for industry-leading benefits
  • Access to paid time off
  • Resources and support for employee impact
  • Participation in an annual discretionary incentive plan
  • Engagement in sustainable business growth initiatives
Full Job Description
Job Description:

This job is responsible for supporting programs and projects specific to corporate change initiatives that impact how the bank does business, provides a product or service, or executes a function. Key responsibilities include assisting department managers with critical change initiatives and communicating, influencing, and negotiating both vertically and horizontally to obtain or leverage necessary resources. Job expectations include delivering regulatory and executive material and ensuring results align to program strategy, simplification, and new capabilities.

Responsibilities:
  • Assists with defining program controls, processes, procedures, reporting cadence, decision governance structures, and ways of working with key stakeholders
  • Partners closely with project sponsors, cross-functional teams, and assigned project managers to develop the scope, deliverables, required resources, work plan, budget, and timing for new change initiatives
  • Supports the execution of defined tasks through tracking of program milestones and their statuses, developing program plans, and measuring progress against ongoing key performance indicators
  • Analyzes, evaluates, and overcomes program risks and produces program reports for managers and stakeholders
  • Identifies key requirements for cross-functional teams and external vendors to perform in alignment with the program objectives
  • Works with other program managers to identify risks and opportunities across multiple projects within the department, leading them to negotiate decision making for efficient and effective resolution
  • Meets with stakeholders to provide transparency into project issues and decisions on services, builds positive relationships, asks questions, and uses tools to uncover root causes to challenges, identify opportunities, and make recommendations


Skills:
  • Process Design
  • Program Management
  • Project Management
  • Reporting
  • Strategy Planning and Development
  • Issue Management
  • Oral Communications
  • Presentation Skills
  • Prioritization
  • Problem Solving
  • Performance Management
  • Process Performance Management
  • Process Simplification
  • Risk Management
  • Workforce Planning


Line of Business Job Description

Consumer AML seeks a resource that possesses strong project management skills to help drive technology and non-technology projects. This person will serve as primary contact to stakeholders for all project related questions. The resource will be responsible for interfacing with Process Owners, SMEs, Technology Delivery Managers and management to drive project deliverables and will interact heavily with the application teams to coordinate shared deliverables, provide updates, and handle inquiries and issues.

Individual will:
  • Act in the LOB project management role to manage small to large scale technology projects or multiple smaller scale projects through all stages of the life cycle, ensuring on-time, quality delivery
  • Identify all stakeholders and ensuring appropriate resources are engaged and producing results as needed
  • Identify risks and mitigation plans and mitigation owners
  • Maintain project documentation and project systems of records
  • Leverage excellent written communications skills to complete project related documentation as well as present project status to senior level management
  • Assure project management methodology compliance through managing team efforts on the completion of required documentation
  • Work closely with Technology Delivery Managers, application and infrastructure technology teams
  • Ensure timely action/coordination on all change related deliverable
  • Ensure projects meet overall deadlines & escalate immediately for any showstoppers
  • Provide weekly project status report outs to leadership


Required Skills:
  • Proven ability to lead, manage, and organize a project from beginning to end
  • Project management experience: identifying impacted stakeholders, documenting business requirements, use cases, people/process designs, work breakdown structures, integrated project planning and management, coordinating design approvals, system integration and user acceptance testing and deployment activities
  • Demonstrated ability to work as part of a team
  • Excellent communication skills, analytical skills and a highly professional attitude are essential
  • Experienced with Microsoft Project, Excel, PowerPoint, SharePoint
  • Multiple years of hands-on project management experience


Desired Skills:
  • Consumer AML Technology experience is a plus
  • Exposure to Agile Methodologies
  • Experience with JIRA


Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

Pay and benefits information

Pay range

$76,700.00 - $148,500.00 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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