Product Owner - Tech Delivery - GMOT Settlement Domain Team

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:
Responsible for maximizing the value for a product. Defines the vision and roadmap for the product, defining and prioritizing stories in the product backlog, and articulating this to both stakeholders and the development team. Works closely with stakeholders to understand their needs, and with the Product Manager in a scaled Agile model to ensure there is alignment. Possess a working knowledge of the product, and basic understanding of the business or technology domain. With some guidance, creates the vision and roadmap for the product to align with strategic direction for the business or technology domain. Communicates the product vision and roadmap to stakeholders and the team. Collaborates with stakeholders to understand their needs and problems. Creates and prioritizes work for one team. Learning to collaborate with cross-functional teams. With some guidance, creates and prioritizes stories in the product backlog. Refines stories with the team to ensure there are enough ready stories to load the next 1-2 sprints. Reviews and accepts stories and is empowered to make on-the-spot decisions on scope and requirements. Works in partnership with the team to ensure that optimum value is obtained through technology and through an advanced understanding of the business. Individual contributor.

Job Specific Summary

The GMOT Settlement Domain Team is looking an individual to assist teams and AIT owners in ensuring compliance to standards that are reported through a variety of tools used by the bank – notable, Rise and the Continuous Monitoring Portal.  The individual with work closely with existing AIT owners to assist them with these duties and will over time gain knowledge of the settlement applications being supported by the teams.  A longer term goal is for the individual to become an AIT owner for some of these applications.

Responsibilities:

• Act as a point of contact for auditors and stakeholders with respect to domain side technology audits, assessments, and product compliance.
• Application Management through maintenance of AppHq. Working with the product managers / AIT owners to ensure AIT is accurately maintained in AppHq within the domain.
• Will help develop process that allow teams to proactively stay ahead of CM and Rise due dates.
• Assist AIT owners/teams monitoring and completing RISE deliverables to ensure they are closed on time.
• Assist AIT owners/teams with GIS Continuous Monitoring tools reporting and tracking of patching and security requirements associated with the AITs.
• Impact assessment and analysis of GIS Continuous monitoring metrics that may result in consequence for the AIT.
• Coordination of audit and regular assessments associated with the AITs. Working with Risk Managers and the Technical Risk Officers where specific actions are identified with the AIT’s.
• Support development of any related Policies, Standards and Baselines related to the AITs.
• Creation of Exception Requests (GIS ERP) and Risk Cases (RISE SIAI) required to support risk process in relation to the AITs.
• For applications that are vendor managed, the candidate will assist the AIT owners and work with their support and vendor management partners to provide technical direction as necessary to ensure the vendor’s application meets the Bank’s objectives, SLA’s, and that all applicable information about the application is correct.

Required Qualifications:

•            Self-motivated and requires minimal supervision.

•            Experience with various bank system management tools

•            Good understanding of the banks Application Management policies, standards, processes, and systems

•            Good understanding of Risk frameworks

•            Excellent action management and prioritization to ensure deadlines are not missed

•            Excellent written and verbal communication skills as well as technical, process and reporting skills

•            Strong analytical skills and use of tools (excel) to report and track vulnerabilities and impact

•            Ability to multitask and keep track of deliverables to complete in a timely manner

•            Writing experience with policies, procedures and guidelines.

Desired Qualifications:

• Experience in a similar role within Capital Markets

•            Bank of America Technology experience

Minimum Education Requirements: Bachelor’s Degree or Equivalent Work Experience

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

$88,100.00 - $153,200.00 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.