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Bank of America

Consumer Product Strategy Mgr II-Client Protection

Bank of America, Richmond, Virginia, United States, 23214


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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow, and make an impact, along with the power to make a difference. Join us!Job Description:This job is responsible for leading a group of team leaders and employees who develop strategies and drive analytics to understand portfolio risk, increase profitability, and optimize operational performance. Key responsibilities include setting strategic priorities for the team, identifying trends, and leading efforts to maximize risk versus return for the business unit. Job expectations include using data and analytics to solve complex problems, coaching employees, and partnering across technology, product, and risk leadership to drive performance.Responsibilities:Establishes department-wide strategies and oversees portfolio trend analysis, forecasting, and risk/control performance.Leads innovation by identifying and championing large scale initiatives that improve the risk management, profitability, and control oversight of risks for the business unit.Identifies business trends based on economic and portfolio conditions and communicates findings to senior management.Coaches employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work.Design & execution of end-to-end Digital New Account Opening framework and capabilities roadmap.Develop compelling vision and data-driven business cases for transformation initiatives. Lead efforts to prioritize investments in digital ID verification capabilities for new applications.Partner across organizational lines, build and maintain a coalition of executive leaders and process owners, to develop and drive the digital account opening agenda. Facilitate regular routines for stakeholders and senior executives.Drive Digital New Account Opening strategy requirements. Review/approve proposed policy and process changes (in line with broader enterprise and channel governance processes).Stay current on industry trends and new, emerging technology to support seamless new account opening, with stronger controls.Required Qualifications:Design & execution of end-to-end Digital New Account Opening framework and capabilities roadmap.Develop compelling vision and data-driven business cases for transformation initiatives.Partner across organizational lines to drive prioritization and support funding of key ID verification initiatives in new accounts space.Drive Digital New Account Opening strategy requirements.Stay current on industry trends and new, emerging technology to support seamless new account opening, with stronger controls.Desired Qualifications:Prior experience in leading policy, strategy, analytics or initiative development in a digital new account opening context.Proven track record of being able to drive projects from idea to execution in digital fraud space.Strong strategic thinking and problem-solving skills.Ability to work across organizational lines to drive results.Ability to influence effectively at executive levels.Skills:Analytical ThinkingBusiness AnalyticsData MiningFraud ManagementBusiness Process AnalysisCritical ThinkingInfluenceRelationship BuildingStrategy Planning and DevelopmentBusiness Case AnalysisIssue ManagementLeadership DevelopmentProcess Performance MeasurementRecruitingMinimum Education Requirement:

Bachelor’s degree or equivalent work experienceShift:

1st shift (United States of America)Hours Per Week:

40Pay Transparency details:Pay range $126,000.00 - $225,000.00 annualized salary, offers to be determined based on experience, education, and skill set. This role is eligible to participate in the annual discretionary plan based on individual performance results and behaviors.Benefits: This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources, and support to our employees.

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