Bank Of America Business Governance Executive 

United States, New York, New York 

951903069

Job Description:

Job Description:

The Business Governance Executive is responsible for leading the Risk and Governance framework across 3 business segments: Private Wealth Management, International, and Institutional.

• Ensure effective oversight and coordination across the three client segments and different review committees. Enforcing governance standards and managing risk effectively.
• Harmonize the structure, process, procedures and ensure a robust and cohesive governance framework in coordination with the business head and control partners
• Assess how this role interacts with current leadership and governance frameworks within PWM, international, and institutional. Determine necessary adjustments or integrations needed to avoid overlap and ensure consistency and smooth collaboration.
• Develop specific metrics to measure the effectiveness of the risk and governance framework. Implement regular review and feedback mechanisms to ensure ongoing improvement and accountability.
• Evaluate and refine presentation materials for risk committee reviews and provide an objective view while collaborating with the head of business and control partners.
• Facilitate strengthened strategic alignment with corporate goals, especially concerning risk mitigation and governance improvements, resulting in reduced risk and improved oversight.

• Provide synergy and consistency for cross-client-segment issues and risks, reducing the delay in response times and increasing the efficiency of implemented solutions.
• Serve as a critical point of consolidation for the varied procedures and policies currently in place across the client segments and products, leading to more streamlined operations.
• Offer enhanced support to the head of Merrill PWM, International, and Institutional in managing broad-scale responsibilities by providing clear, consolidated insights into risk and governance across the departments.

Qualifications:

• Minimum of 15 years directly related experience​
• Overall knowledge and understanding of the Enterprise Risk Framework
• Demonstrated ability to lead and motivate a multi-functional team
• Strong written and verbal communication skills to deliver insights and recommendations to senior management
• Ability to bring multiple stakeholders together, synthesize information to understand root cause of issues and influence others to drive positive change.
• Drive decision-making, and take action on complex, technical or sensitive topics with broad impact
• Must be analytical, detail oriented and have the ability to successfully manage/execute multiple priorities
• Strongrelationship-buildingskills: ability to effectively lead across the organization, build effective relationships and influence at all levels to achieve change and implement goals
• Strong understanding of the BAC franchise and key priorities; ability to leverage resources across the company to drive transformational change
• Bachelor’s degree desired
• Series 7/66 registrations desired

Skills:

• Controls Management
• Oral Communications
• Risk Management
• Stakeholder Management
• Strategy Planning and Development
• Continuous Improvement
• Drives Engagement
• Influence
• Strategic Thinking
• Talent Development
• Data and Trend Analysis
• Decision Making
• Problem Solving
• Quality Assurance

1st shift (United States of America)