Business Support Manager II-Global Renewable Energy Credit
Bank of AmericaAbout the role
Job Description:
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!
The GREC COO team manages diverse administrative functions usually for a very large, complex department or for a complete line of business that may be regional or national in scope, often requiring associates in one or more location. Functions managed may include: financial control/budgeting and consolidation, personnel processes, audit/compliance, premises, and coordination of certain projects, associate training, service quality, process improvement, business continuity, or communication. Consults with senior management in evaluating current methods and developing strategies to implement changes and improvements. Requires a thorough knowledge of the department or business units functional area or products. Working knowledge of general bank policies, programs and procedures and financial/accounting practices.
Leads the support/administrative functions for a somewhat large department usually at a local level. Responsibilities may include issues management, coordination of policy and procedure projects, budget analysis and recommendations, operations analysis, identification and resolution of work flow issues, associate training, service quality, process improvement. Resolves personnel, audit and/or budget issues by researching and analyzing unusual problems, administers bank programs and policies and provides interpretation to department. Requires an in-depth knowledge of bank policies and programs and of the departments functional operations. May direct workflow activities.
The GRE Credit Business Support Manager will support the GRE Credit organization in the execution of business strategy. They will ensure executable management information is available to the GRE Credit leadership team, maintain and monitor an appropriate control environment with respect to key functional activities, and manage the GRE Credit business routines.
The Global Renewable Energy Credit (GREC) team supports the continued growth in sustainable, renewable, and green finance and further deliver on the bank’s commitment to help society transition to a low-carbon economy. Global Renewable Energy Credit is uniquely positioned to support different Front Line Units across the bank, underwriting a wide range of products including corporate lending, project finance, tax equity and tax credit.
Job Responsibilities:
- Maintain strong relationships with all Lines of Business and key stakeholders to facilitate delivery aligned to business and client strategies
- Assist in communication of GRE Credit vision, goals and strategy through 1:1s, team meetings, town halls and other appropriate routines Support the GRE Credit organization in overseeing effective performance management, learning & development initiatives, and diversity & inclusion
- Control environment: Manage processes and routines in place to maintain an effective control environment. Participate in relevant governance routines at product, regional or legal entity level, including where necessary delivery of management information
- Issue ownership and escalation: Monitor and manage portfolio of issues for which GRE Credit is responsible, providing regular updates to GRE Credit leadership
- Regulatory: Support GRE Credit in response to regulatory changes, including liaising with other lines of business or control partners where necessary on regulatory issues impacting GRE Credit
- Operational effectiveness: Responsible for ongoing enhancements to the operational effectiveness and efficiency
- Management Information & Reporting: Co-ordinate the design and implementation of management information and reporting requirements
Required Qualifications:
- 5+ years experience of business support management in a similar b
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