Human Resources Manager – Private Bank

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:
This job is responsible for developing Human Resources (HR) strategies that impact large, complex business units within a major Line of Business (LOB). Key responsibilities include developing and executing tactical plans at the business unit level to achieve strategic objectives and organizational effectiveness. Job expectations include driving a wide range of HR activities and supporting functions across the bank such as talent acquisition, compensation, employee relations, regulatory compliance, performance management, and employee engagement and development.

The Human Resources Manager is responsible for partnering with line-of-business executives in the Private Bank to develop HR strategies that impact large, complex units within the businesses supported. The HR Manager also develops and executes tactical plans at the business unit level to achieve strategic objectives, and combines strong organizational development skills and change management skills with core HR skills (staffing, compensation, employee relations) to help the business achieve its objectives.  Responsible for HR elements of large scale change, the HR Manager utilizes project management skills and attention to detail to ensure milestones are met.

Bank of America Private Bank is made up of more than 4,300 professionals that provide vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

Responsibilities:

• Manages the strategic delivery of Enterprise and Line of Business (LOB) specific Human Resources (HR) priorities in addition to ensuring organizational effectiveness across talent acquisition, performance management, talent development and learning, succession planning, compensation, etc.

• Applies lenses of operational excellence, organizational health, and opportunity and inclusion across all HR people processes

• Partners with business leaders to ensure that programs and practices are in alignment with Enterprise culture and conduct principles, serving as a trusted advisor to leadership

• Manages and influences critical workforce activities, including but not limited to headcount reporting and analytics, financials/expenses, promotions, opportunity and inclusion, performance, talent management, and key cross-HR initiatives

• Collaborates with compensation, talent acquisition, and business partners to provide appropriate guidance on employee compensation, both at an individual level as well as in aggregate, while maintaining a focus on expense management

• Leverages reporting tool results shared by HR Consultants to inform effective and strategic decision making

Required Qualifications:

• 3+ years of HR experience - broad experience across all areas of HR

• Proficient in Microsoft Office suite of products, with emphasis on strong Excel ( lookups, pivots, conditional formulas) and PowerPoint skills

• Deep technical skills leveraging Excel, Workday and Tableau for analysis, troubleshooting and data reporting

• Extensive experience in client management around complex strategic HR issues such as talent management, org design/development, change management, etc. 

• Experience working directly with/consulting a business leader on HR strategy and partnering effectively with Talent, Talent Acquisition, Compensation, ER, Shared Services, and Finance

• Experience managing in a fast-paced, rapidly changing, and highly complex environment

• Demonstrated ability as an enterprise thought leader who can proactively drive change and innovation

• Deep technical HR competence with the ability to influence using a balance of technical HR expertise, business acumen, judgment, and relationship skills

• Superb relationship management skills, and the ability to develop strong interpersonal alliances at all levels and connect with senior executives

• Project management experience including attention to detail

Desired Qualifications:  

• HR Generalist Experience

• Knowledge of Private Bank

Skills:

• Adaptability

• Executive Presence

• Leadership Development

• Prioritization

• Relationship Building

• Consulting

• Decision Making

• Fiscal Responsibility

• Problem Solving

• Workforce Planning

• Data and trend analysis

• Analytical thinking

• Project Management

• Proficiency in Excel and PowerPoint

• Workforce Analytics

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NJ - Pennington - 1300 American Blvd - Hopewell Bldg 3 (NJ2130)

Pay and benefits information

Pay range

$115,000.00 - $160,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.