Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description Summary:
The Product Manager for Data Management Strategy Excellence will play a pivotal role in the GRA organization, leading the charge in developing and managing data-driven products and workflow solutions that assess and mitigate risks. This position calls for an individual with a strong background in data and product management, combined with a deep understanding of the product management lifecycle and the impact across all risk categories including credit, market, liquidity, strategic, operational, reputational and compliance. The ideal candidate will be responsible for bridging the gap between technical data analysis and strategic product development, ensuring our products effectively support the identification, measurement, monitoring and control of risks, challenges, and opportunities.

In this role, you will:
• Develop and manage innovative data products focused on risk assessment and mitigation.
• Collaborate with cross-functional teams including business stakeholders, data scientists and engineers to define product vision and strategy.
• Oversee the entire data and product lifecycle, from ideation through development, launch, and continuous improvement.
• Utilize a deep understanding of risk management to inform data/product development and ensure accuracy and relevance.
• Analyze complex datasets to be leveraged in models for risk identification, measurement, monitoring and control.

Responsibilities:
• Lead the development and implementation of data-driven risk products.
• Ensure products meet high standards of quality, usability, and reliability.
• Conduct market analysis to identify new opportunities and stakeholder needs.
• Facilitate communication between technical teams and business stakeholders.
• Define and track key performance indicators for product success.
• Stay abreast of the latest developments in data technology.

Required Qualifications:
• 8+ years of experience in data/product management.
• Strong understanding of risk analysis.
• Strong understanding of SDLC process
• Proven track record in developing and managing data-driven products.
• Excellent analytical and problem-solving skills.
• Strong communication abilities.
• Ability to work effectively in a dynamic, cross-functional environment.

This role is an opportunity to make a significant impact in a vital and growing field, leveraging your experience to help the organization navigate the complexities of data driven risk management.

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.

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), US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544) Pay and benefits information Pay range $109,100.00 - $192,400.00 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.