Dir, Senior Program Manager/Change Lead, Quantitative Strategies & Data Group

$175,000 - $300,000/Yr

99-7777826 Merrill Lynch International - New York, NY

Full-time - Senior

New York, NY

251-500 employees

About the position

The position of Program Manager within the Quantitative Strategies and Data Group (QSDG) at Bank of America is a senior role focused on leading complex, high-priority projects that deliver new products and capabilities for Global Markets. The role involves working closely with various stakeholders across Trading, Risk, and Technology to ensure successful project execution and compliance with regulatory requirements. The Program Manager will be responsible for defining strategic visions, managing project risks, and driving business transformation initiatives, making it essential for candidates to have a strong background in project management, particularly in risk or capital areas.

Responsibilities

• Lead the execution of high priority/value/complexity projects from problem definition through to implementation and realization of benefits.
• Define the strategic vision for new products and business capabilities.
• Document business requirements and lead the creation of project plans.
• Identify opportunities to improve existing products and processes as an agent for change.
• Maximize value of deliveries through prioritization of requirements and management of project risks.
• Coordinate with partners including Trading, Risk, Risk Quants, Technology, Model Risk Management, and Operations to resolve business issues.
• Manage regulatory exams and issues, audit engagements, and compliance with regulations, policies, and procedures.
• Lead management routines and liaise with executive stakeholders across functions.
• Articulate QSDG strategy in management presentations, offsites, townhalls, and regulatory communications.
• Deputize for the QSDG COO and Co-Heads of QSDG when required, such as chairing Steering Committees and leading regulatory exams.

Requirements

• Proven track record leading large-scale business change and/or technology programs.
• Experience leading audit and regulatory engagements.
• Experience in strategic planning and execution, including creation of multi-year, cross-functional project plans and development of business requirement documents.
• Ability to communicate effectively within a multi-disciplined team, across multiple locations and time zones.
• Experience in the financial services industry, working closely with quants, traders, and risk managers.
• Experience driving conversations between executive level stakeholders.
• Flexible, hardworking, and 'can do' attitude, comfortable in a fast-paced environment with frequent deliveries and rapidly changing priorities.
• Strong problem-solving skills and ability to present complex ideas clearly.

Nice-to-haves

• Knowledge of Capital, Market Risk, Counterparty Credit Risk, and/or CVA.
• Strong financial markets product knowledge (any asset class).
• Exposure to financial/product control functions within a bank.
• Experience with model risk management processes.
• Practical experience of testing and quality assurance.
• Exposure to Agile methodologies; experience in an Agile Project Management/Scrum Master role and of coaching Agile teams.
• Excellent Excel skills including basic VBA.
• Experience of analyzing and validating large volumes of numerical data.
• Degree in Finance, Mathematics, Computer Science or other highly numerate discipline.

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees
• Annual discretionary award based on performance
• Competitive benefits to support physical, emotional, and financial well-being