Bank of America Corporation

Data Support Manager

Bank of America Corporation$109K — $201K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's in computer science or a related field; Master's preferred with fewer years of experience.
  • 6+ years in data platform/solutions and data management architecture; 5+ years for Master's holders.
  • Deep understanding of BCBS 239 principles and implementation in large organizations.
  • Strong experience with risk reporting systems, data governance frameworks, and reporting tools.
  • Proven track record in defining and delivering complex data management product roadmaps.
  • Strong stakeholder management and leadership skills across cross-functional teams.
  • Proficiency in Agile methodologies (Scrum, SAFe).

Responsibilities

  • Manage a global group/process, ensuring effective data usage in risk systems.
  • Identify and remediate control gaps in data processes and systems.
  • Lead user acceptance testing for data control processes and implement solutions.
  • Evaluate existing data architecture and design optimized data solutions.
  • Lead strategic efforts to fix data quality issues effectively.
  • Monitor incoming data to maintain accuracy and validity continuously.
  • Collaborate with various departments to strengthen data governance over risk management.

Benefits

  • Industry-leading benefits package with access to paid time off.
  • Resources and support for employee well-being and growth.
  • Opportunities to make a genuine impact on the business and community.
Full Job Description
Job Description:

Manage a group or process(potentially global). Work with business data users to define the use of data within risk systems. Recommend remediation of control gaps and implements effective risk controls of our data processes and systems. Participate in and lead user acceptance testing of data control processes. Understand existing risk systems, data flows, and infrastructure to identify gaps between business usage of data and current implementations. Recommend alternate data sources and processes to improve the control environment. Lead cross functional strategic efforts to remediate data quality issues. Proactively monitor and remediate incoming data used in risk measurement and reporting. Ensure the completeness, validity, and accuracy of data on a daily basis. Work with other groups as needed, including Middle Office, Sales and Trading, Technology, Compliance, Operational Risk, and Enterprise Capital Management to ensure effective controls over data for GMRM.

Under the GRM DSM Executive's leadership, the Data Support Manager will evaluate the existing GRM data architecture and design solutions to simplify and optimize the data environment, and be accountable for contributing to the architecture for Risk Data and Reporting Platform which will enable Data Management and Reporting capabilities for risk line of businesses. Additionally, the architect will also evaluate data tools and conduct Proof of Concepts to arrive at recommended solutions and develop remediation plans to implement those solutions.

Responsibilities:
  • Demonstrates knowledge of data solutions, data platforms, data management & governance practices and standards
  • Uses architecture tools to create design artifacts, including but not limited to Data models/architecture, API design and data solutions architecture.
  • Leads strategy & architecture for one or more data management products such as Data Catalog, Data Lineage, Data Feeds Registry, Data Quality and related data services.
  • Design data products to provide high quality data for quantitative modeling solutions for GRM.
  • Applies knowledge to perform regular assessments of the health and maturity of data & information capabilities for the Global Risk Management (GRM) domain.
  • Evangelize and design new data solutions and capabilities to support risk lines of businesses.
  • Participates in efforts to define the mission, goals, critical success factors, principles, and procedures for data strategy and information architecture.
  • Participates in building the business cases required to secure approval and funding for the Data and Analytical efforts.
  • Understands the end-to-end change impact by managing linkages from information capabilities to technical assets (operational + analytical)
  • Maintains integrated logical data models and data flows to understand data and its interdependencies regardless of its usage pattern.


Required Skills:
  • Bachelor's degree in computer science / engineering, Data Science or Analytics and 6+ years of experience in data platform/solutions and data management architecture; or if Master's degree, 5+ years' experience.
  • Deep understanding of BCBS 239 principles and their practical implementation in a large organization.
  • Strong experience working with risk reporting systems, data warehouses, reporting tools, and governance frameworks.
  • Familiarity with data quality frameworks, metadata management, data lineage tools, and control monitoring.
  • Proven track record of defining and delivering product roadmaps for complex data management or reporting platforms.
  • Strong stakeholder management and cross-functional leadership skills.
  • Proficiency in Agile delivery methodologies (e.g. Scrim, SAFe).
  • Excellent communication skills (written, verbal and presentation) with the ability to translate regulatory language into actionable technical requirements.
  • Strong experience driving the design and development of data solutions, data management & governance products as well as data and reporting platforms.
  • Expertise in architecting complex design patterns, microservices, API design, data warehouse and data lakes and data pipelines.
  • Ability to drive data strategy and deep understanding of industry paradigms such as data mesh, data contracts, integration fabric etc.
  • Experience with relational and NoSQL data stores and big data environments.
  • Hands-on expertise with data technologies and computing frameworks including but not limited to, Python, Spark, Airflow, Javascript and SQL.
  • Ability to research new data technologies, architect novel data solutions for business problems and prove design approach through hands-on prototyping.
  • Experience with data modeling for complex data pipelines, data lake and data platforms.
  • Strong experience with data management platform such as Collibra (preferred) or understanding of open-source frameworks such as Apache Atlas, Amundsen, Datahub, Marquez etc.
  • Exceptional communication skills and the ability to communicate effectively at all levels of the organization; this includes written and verbal communications as well as visualizations.

Desired Skills:
  • Working knowledge of data storage layers / formats such as Apache Iceberg, Hudi, Delta Lake etc. as well as Parquet, JSON and Avro.
  • Experience with Graph processing and storage technologies such as Knowledge Graphs / Property Graphs with working knowledge of at-least one graph store such as TigerGraph (preferred).
  • Exposure to Linked Data / Open Data, and GenAI based data solutions is a plus.


Skills:
  • Critical Thinking
  • Data Governance
  • Negotiation
  • Risk Management
  • Stakeholder Management
  • Attention to Detail
  • Change Management
  • Issue Management
  • Presentation Skills
  • Regulatory Relations
  • Business Acumen
  • Continuous Improvement
  • Controls Management
  • Data Management
  • Performance Management


Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NJ - Jersey City - 525 Washington Blvd (NJ2525)

Pay and benefits information

Pay range

$109,100.00 - $201,200.00 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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