Bank Of America Portfolio Delivery Manager 

United States, New Jersey, Jersey City 

339139736

This job is responsible for leading a team to maximize the value delivered through multiple programs and/or value streams within a small, less complex delivery portfolio. Key responsibilities include managing and developing the team through coaching, mentoring and feedback, aligning strategy, and execution by applying Lean and systems thinking approaches to strategy, investment funding, portfolio operations, and governance. Job expectations include managing the portfolio, ensuring compliance to standards, and driving continuous improvement to operations and governance.

LOB Job Description:

The role offered is for a senior Program Manager to derive the completion of the FRTB program. FRTB is a multi-year and complex initiative which is mandated by Regulatory rules of the jurisdiction that the bank operates in. This is a senior business stakeholder facing role and the successful candidate is expected to have 15+ years of experience in financial technology organization specialized in trading and risk management including derivatives pricing, sensitivity computation, simulation , P/L explains and stress scenarios calculation across different asset classes traded in Global Markets. The successful candidate will possess excellent communication, collaboration, people management skills and demonstrate capability for managing simultaneous multiple competing priorities across BAU and Initiatives.

Exposure and familiarity with FRTB Rules is preferable but not essential.

Key responsibilities include managing and developing the team through coaching, mentoring and feedback, aligning strategy, and execution by applying Lean and systems thinking approaches to strategy, investment funding, portfolio operations, and governance. Job expectations include managing the portfolio, ensuring compliance to standards, and driving continuous improvement to operations and governance.

Responsibilities:

• Directs and leads a delivery team aligned to a portfolio and mentors Delivery Leads
• Manages and improves portfolio operations and governance processes, ensuring risks and roadblocks are escalated and resolved quickly
• Builds relationships with business and technology executives across multiple organizations, as well as Compliance and Risk
• Partners with the key stakeholders and leaders to define the vision and creating the portfolio roadmap aligned to strategic goals
• Provides status updates and reporting for the portfolio to stakeholders and leadership pertaining to the desired outcomes, delivery, risks, issues, and schedule
• Manages overall portfolio financials, Profit and Loss (P&L), and performance
• Ensures adherence with Enterprise Change Management standards

Required Qualifications:

• 15yrs+ Experience on managing Trading Risk related programs.
• Strong communication, and presentation skills
• Good leadership, people management skills and ability to collaborate effectively across diverse/global teams
• Experience working with Traders, Desk Heads, Market Risk Managers, Finance, Quants, Model Validation teams and Regulators
• Ability to successfully lead and deliver complex/critical and large-scale horizontal projects
• Experience in Agile/Scrum Management and Agile Tools
• Experience in Programme Budget planning, Control, Maintenance and reporting

Desired Qualifications:

• Knowledge of Python

Skills:

• Collaboration
• Influence
• Result Orientation
• Risk Management
• Stakeholder Management
• Analytical Thinking
• Business Acumen
• Data Management
• Financial Management
• Solution Delivery Process
• Agile Practices
• Architecture
• DevOps Practices
• Solution Design
• Technical Strategy Development