Summary of Business Area
Global Payments and International Branch Technology organization (GP&IBT) provides support and maintenance of applications for the Bank’s treasury wholesale business in EMEA.
Responsibilities
The role involves following established written procedures, guidelines and techniques, develops, enhances, supports, maintains, procedures, documents and tracking tools that support business applications. This is an individual contributor role, fully competent to work under general direction on the most complex projects, and often on multiple phases, and seeks guidance and direction from more senior associates or manager, as needed. Working knowledge of business or function for which application is designed. Often responsible for the completion of small scale projects. Provides guidance and checks the work of less experienced associates. Has extensive & specific business knowledge or technical skill set e.g. Quantitative skills, Data processing, Data administration, Compliance, Enterprise and technology Risk, System Architecture, etc.
This role will be responsible for following specific activities:
1. Single point of contact for all regulatory, risk, audit and mandatory activities and exercises within the technology department
2. Technology/Application Access Reviews – monthly/quarterly
3. Application Recovery/BC Tests – coordination and on-site support
4. Information Security engagement and project support
5. Vendor/Third Party Supplier Manager Role – Application focused engagement
6. SOX & SAS70 audits – coordination and management oversight
7. Country regulatory related response – Example RBI review in India
8. Monthly Risk Deliverables
9. Information Security related mandates and routines
10. Application platform reviews, documentation review, updates and related coordination efforts
11. Management/administration of 120+ (and growing) applications and related Risk/Audit ratings and systems updates.
12. New application on-boarding
13. Various risk/audit/compliance task management activities on a day to day basis
14. Manage small/business as usual projects (with risk/compliance focus) within the department
15. Routine management updates and departmental communications
16. Pipeline management of work requests relating to Risk/Audit/Compliance/Regulatory events
Risk, Audit, Compliance related technology delivery experience Comfortable with the administrative nature of the role where routine and regular systems and tools updates would be required Attention to detail Organised and methodical in approach Ability to work independently Ability to influence others to get the job done
Competencies
Strategic Thinking: Strategic vision, Business knowledge, Innovation & Creativity Business Results:
Client relationships, Analytical ability, Execution, Change leadership
People Leadership: Talent building, Meritocracy, Team Leadership, Collaboration, Responsible Corporate Citizenship
Personal Effectiveness: Communication, decisiveness, Energy & drive, courage, character
Benefits
Flexible benefits package including contributory pension, health insurance, critical illness cover, travel insurance, childcare vouchers, parking vouchers and retail vouchers
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services.
The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, more than 18,000 ATMs and award-winning online banking with more than 25 million active users.
Bank of America offers industry leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services.
The company serves clients in more than 150 countries and has relationships with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
Following the combination with Merrill Lynch, Bank of America has become:
The largest brokerage in the world, with more than 20,000 advisors & $2.5 trillion in client assets.
A leading provider of global corporate and investment banking services, including commercial lending, global high-yield debt, global equity and global M&A
A global leader in wealth management, private banking, retail brokerage, investment management, with approximately 50 percent ownership in BlackRock, which has $1.4 trillion in assets under management, in addition to the $589 billion in assets under management with Bank of America as of June 30, 2008
