Data Policy Manager
Bank of AmericaAbout the role
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Responsible for keeping line of sight into any data risk and related issues impacting the FLU/CF, in accordance with other data related policies (e.g. Global Records Management, Business Continuity, Spreadsheet, etc.). Identifies gaps in adherence and immediately escalates. Works with appropriate partners to develop plans to close gaps. Monitors key performance indicators and internal controls. Partners with Technology to create an infrastructure and processes that enable adherence to the other data related policies and other regulatory mandates; this includes system design and architecture, data governance, data integrity, and overall management of data throughout the lifecycle. Works with other groups as needed, including Compliance, Audit, Operational Risk, and Technology to ensure effective controls over data for respective Domain. May manage others.
Line of Business Job Description
The GRM Data Governance Function reports to the GRM Data Strategy & Management Executive (DMSE) and will help manage GRM’s overall data governance program, including the GRM data management procedures, compliance with policies and standards, regulatory engagement, incidents management and analysis and overall reporting of data health across GRM on behalf of the DSME. This role reports to the GRM Data Governance Head and is provided a broad platform to build partnerships with GRM, enterprise, business and technology leadership, a vantage point to explore end-to-end processes, data ecosystems and technologies, and an ability to influence data strategies that drive the greatest value across the lines of business.
Responsibilities include, but not limited to:
Specifically, this leader will have responsibilities across a number of areas:
- Manage data governance program across GRM on behalf of DSME to ensure robust oversight, and escalation processes across GRM, working with GRM Data Steward Executives (DSEs) and DSME teams.
- Develop consistent GRM-wide Standards adherence metrics, establish monitoring dashboards and leadership reporting protocols.
- Drive thought leadership, elevate GRM’s data priorities, and influence definition of enterprise data Standards and Policies working with Enterprise Data Standards and Governance team (EDSG).
- Broad responsibilities to manage DSM function’s day-to-day operations, including planning and managing DSM initiatives, senior leadership communication and reporting, team management and development as well as annual initiative, resourcing and funding planning on behalf of DSME.
- Partner across DSM function, GRM leadership, GRM Data Steward Executives (DSE), Front-Line Unit and Control Function stakeholder teams and Technology to:
- Oversee and manage execution of GRM’s high priority data programs on behalf of DSME.
- Drive funding and prioritization of GRM data initiatives working with GRM COO, DSEs, Risk leadership and EDSG.
- Drive evaluation and rationalization of GRM data initiatives in alignment with GRM data strategy with SCI and climate data team’s support.
- Oversee development and monitoring of GRM data roadmaps on DSME’s behalf.
- Oversee enhancement and monitoring of GRM data health dashboard with head of Data Management Operations to drive better measurement and to identify and escalate risks to DSME and GRM leadership.
- Design and coordinate targeted assessments to evaluate data capabilities maturity in GRM with the Data Management Operations team’s support.
- Oversee and coordinate regulatory support for data exams across GRM.
- Oversee and manage GRM’s data commitments to internal and external parties, monitor progress and escalate execution risks – including regulatory and audit commitments.
- Oversee and coordinate data issues analysis, prioritization, and remediation across GRM with the Data Man
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