Vice President; Portfolio Manager

$200,000 - $210,000/Yr

Bank of America - Jersey City, NJ

Full-time - Mid Level

Remote - Jersey City, NJ

Credit Intermediation and Related Activities

About the position

The position at Bank of America involves analyzing user needs to develop software solutions, enhancing existing software capabilities, and maintaining databases. The role is crucial for managing the Financial Crimes Model Infrastructure Transformation Initiative, requiring collaboration with various stakeholders to ensure effective program governance and execution. The candidate will also be responsible for building Anti-Money Laundering models and utilizing project management tools to report on project milestones and schedules.

Responsibilities

• Analyze user needs for developing software solutions.
• Update software or enhance existing software capabilities.
• Maintain databases within an application area, working individually or coordinating database development as part of a team.
• Provide project and program management discipline to the Financial Crimes Model Infrastructure Transformation Initiative.
• Work with subject matter experts in front line units, compliance/risk managers, and model developers and technology developers to manage several program work streams.
• Develop, maintain, and report across project schedules and milestones to enhance end-to-end Financial Crimes model development capabilities.
• Manage program governance routines and create materials for regulatory and management updates.
• Utilize knowledge of regulatory risk initiatives program delivery and financial crimes risk to support the continued development and enhancement of the Financial Crimes Model Infrastructure Transformation Initiative.
• Build and develop Anti-Money Laundering models and systems by leveraging industry best practices and knowledge of Anti Money Laundering techniques, risks, and typologies.
• Utilize JIRA Kanban and Visio to create high-quality reporting documentation for executive reporting.
• Create a clear and coherent approach to guide effective program and initiative set up, execution, and control using DAIC and Agile methodologies.

Requirements

• Bachelor's degree or equivalent in Engineering (any), Computer Science, Computer Information Systems, Management Information Systems or related.
• 5 years of progressively responsible experience in the job offered or a related IT occupation.
• 5 years of experience in utilizing knowledge of regulatory risk initiatives program delivery and financial crimes risk.
• 5 years of experience in building and developing Anti-Money Laundering models and systems.
• 5 years of experience in utilizing JIRA Kanban and Visio for executive reporting documentation.
• 5 years of experience in creating a clear and coherent approach to guide effective program and initiative set up, execution, and control using DAIC and Agile methodologies.

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees
• Annual discretionary award based on performance