Bank of America Corporation

Global Financial Crimes Product Manager

Bank of America Corporation$120K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in data analysis, product management, and/or risk technology
  • Strong analytical and problem-solving skills focused on sustainability and efficiency
  • Proven ability to collaborate with cross-functional teams within an agile framework
  • Familiarity with model lifecycle management including deployment and performance monitoring
  • Experience in data engineering and managing big data platforms
  • Knowledge of advanced statistical techniques like AI and machine learning
  • Proficient in SQL or PySpark for data extraction and analysis
  • Understanding of data management and governance frameworks

Responsibilities

  • Develop technical platform strategy to enhance data functionality for analytics and detection
  • Refine and maintain the product roadmap to maximize value
  • Execute agile methodology with a clear backlog and prioritization
  • Gather and document actionable technical requirements for projects
  • Analyze data for strategic improvement insights
  • Communicate key decisions to gather stakeholder buy-in on risks and roadmap
  • Serve as a subject matter expert to drive product innovation
  • Manage end-to-end product risk through preventive and detective processes

Benefits

  • Comprehensive health benefits including medical, dental, and vision coverage
  • Retirement savings plan with company match
  • Paid time off including holidays and vacation days
  • Continuous learning and professional development opportunities
  • Employee assistance program for mental health and wellbeing
Full Job Description
Job Description:

This job is responsible for executing substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include working directly or through compliance officers for the Front Line Units (FLUs) and Control Functions (CFs) to complete compliance, policy, operational/fraud risk management requirements.

This job is responsible for enhancing the value of our platforms supporting the deployment and sustainability of financial crimes data and detection models used by Global Financial Crimes at Bank of America. This includes owning the roadmap for the product, delivering well planned enhancements, and managing risks throughout the lifecycle. Key Responsibilities include research, documenting requirements, data driven backlog refinement, prioritizing enhancements, planning, testing, monitoring, tracking issues, and defining objectives for reporting routines. Job Expectations include ownership of key product decisions and deep subject matter expertise to manage complex products with large agile teams in delivery of scalable data warehouses, data lakes, and data products supporting Global Financial Crimes and Anti-Money Laundering work.

Responsibilities:
  • Develops the technical platform strategy that ensures that functionality of data used for analytics, detection models, and investigations are deployed effectively, maintained robustly and continuously improved to meet evolving business and regulatory needs.
  • Develops, refines, and maintains the product roadmap to Maximize Value
  • Executes and delivers through agile methodology with clear backlog and prioritization methodology
  • Gathers and documents actionable technical requirements for complex projects
  • Analyzes data and synthesizes complex insights that identifies strategic improvements
  • Communicates and influences key to gather buy-in on roadmap, risks, and technical decisions based on business needs and platform performance
  • Serves as a subject matter expertise to guide key decisions and drive innovation within the area
  • Owns and manages end-to-end risk for the product through preventive processes, detective monitoring, and effective remediation to reduce reoccurrence
  • Acts as Subject Matter Expert (SME) for data platforms towards engaging with business users and technology partners to create a product roadmap, design robust solutions, and develop quality increments for release to the production environment as part of the Software/Service Delivery Lifecycle (SDLC).


Required Qualifications:
  • 7+ years of experience in data analysis, product management, and/or risk technology
  • Strong analytical and problem-solving mindset, with an emphasis on sustainability, efficiency, and control robustness.
  • Ability to collaborate effectively with cross-functional teams across the Software/Service Delivery Lifecycle (SDLC) and in a Scalable Agile framework.
  • Experience or working knowledge of model lifecycle management, including deployment, validation, calibration, and performance monitoring.
  • Experience working in data engineering and/or managing big data platforms (i.e., data warehouses, data lakes) including system integration work to move data between platforms and building data structures for expected consumption patterns.
  • Experience or working knowledge of advanced statistical and modeling techniques such as artificial intelligence and machine learning.
  • Experience using query languages for extracting and analyzing data in a database, data warehouse, or data lake such as SQL or PySpark.
  • Experience with data warehouse or data lake concepts such as CRUD privileges (Create, Read, Update, Delete), indexing, partitioning, logical and materialized views, or optimization techniques.
  • Familiarity with data management and governance frameworks, including metadata management, data classification, data access management, data quality management, data lineage, data stewardship, master and reference data management, data lifecycle and retention management, privacy controls, and regulatory compliance.
  • Experience performing data quality assessments.
  • Experience with analytics infrastructure in a financial institution or technology environment.
  • Familiarity or exposure to the concept and execution of a Data Domain.
  • Project management and strategic planning skills, with the ability to translate business goals into technical deliverables.
  • Exceptional communication and documentation skills, capable of bridging technical and non-technical audiences.
  • Familiarity or exposure to risk management and model governance frameworks (e.g., SR 11-7, OCC 2011-12).


Desired Qualifications:
  • Bachelor's Degree in related field
  • Experience in financial services and/or a related government entity
  • Certified Anti-Money Laundering Specialist (CAMS)


Skills:
  • Critical Thinking
  • Monitoring, Surveillance, and Testing
  • Regulatory Compliance
  • Risk Management
  • Coaching
  • Issue Management
  • Policies, Procedures, and Guidelines Management
  • Strategy Planning and Development
  • Written Communications
  • External Resource Management
  • Reporting
  • Talent Development


Shift:
1st shift (United States of America)

Hours Per Week:
40

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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