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Bank of America Risk Management Manager - Reporting & Metrics in Charlotte, North Carolina

Risk Management Manager - Reporting & Metrics

Charlotte, North Carolina;Dallas, Texas; Chicago, Illinois; Pennington, New Jersey

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

Global Climate and Environmental Risk (GCER) is a second-line function within Global Risk Management (GRM) responsible for overseeing climate and environmental (C&E risk management in line with our Risk Framework, establishing the C&E framework and governance structure, providing independent assessment and challenge of enterprise-wide C&E risks, providing input on risk appetite with respect to C&E risks, and delivering an enterprise-wide view on C&E risk measures. GCER provides subject matter expertise to help Front Line Units and Control Functions integrate the unique aspects of C&E risks into their risk management programs, such as identifying C&E risks over relevant time horizons and determining C&E risk scenario requirements for risk management use and regulatory reporting. GCER provides climate and environmental risk subject matter expertise for the Company, helps key risk type teams and FLUs to embed climate and environmental risk management into their functions, and drives adherence of the Company to laws, rules and regulations related to climate and environmental risk management.

The Global Climate and Environmental Risk – Risk Management Manger is responsible for the build out of our reporting and metrics framework to aid the Company in managing C&E risks. The specific focus of the team will be to identify and implement reporting solutions, enabling the measurement of key metrics and trends and performance over time. This candidate will proactively support GCER’s analytics and reporting leader and engagement of the broader GCER team with all other areas of GRM to understand reporting and metric needs and manage reporting and metrics process, controls, and governance.

Roles and responsibilities:

  • Support the engagement with key stakeholders across GRM to understand current state reporting and metrics processes, and future state needs to evolve a framework for enterprise C&E reporting.

  • Own and execute the delivery of existing reporting dashboards and lead the improvement of reporting processes.

  • Plan, direct and coordinate components activities in support of reporting framework and agile solutions to enhance transparency and control.

  • Coordinate regularly with GRM peers and sponsors, providing informative updates and interpretation across reporting results, and effectively escalating risks, issues, and decisions when appropriate.

  • Develop climate and environmental risk metrics subject matter expertise to serve as a resource to GRM partners and executives.

  • Maintain and follow all Single Process Inventory (SPI) and Risk Data Aggregation (RDA) requirements for all reports.

  • Assist during internal audits and external regulatory exams.

Skills:

  • Board Level Reporting

  • Executive Level Reporting

  • Analytical Thinking

  • Coaching

  • Critical Thinking

  • Collaboration

  • Oral Communications

  • Presentation Skills

  • Written Communications

  • Monitoring, Surveillance, and Testing

  • Regulatory Compliance

  • Technical Documentation

Required Qualifications:

  • Minimum 5 years of experience in financial services industry, risk management, or experience in a related field.

  • Minimum 2 years of experience performing Board-level reporting, Executive-level reporting, or Non-Financial Regulatory Reporting (NFRR).

  • Experience translating complex information into automated, impactful, actionable reporting.

  • Previous experience with Single Process Inventory (understanding of Risk Data Aggregation (RDA) requirements is a plus).

  • Advanced PowerPoint skills, and overall strong experience with MS Office Suite of tools

Desired Qualifications:

  • Strong analytical and organizational skills; attention to detail, intellectual curiosity.

  • Superior written and verbal communication skills and experience creating impactful presentations.

  • Demonstrated ability to manage competing and changing priorities.

  • Enthusiasm for climate and environmental risk, and highly motivated to take on new and challenging tasks in dynamic environment. GARP Sustainability and Climate Risk certification highly encouraged.

  • Execution-oriented and results-focused, able to work independently and as part of a team.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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