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:
This job is responsible for overseeing programs and projects specific to corporate change initiatives that impact how the bank does business, provides a product or service, or executes a function. Key responsibilities include serving as the primary contact to department managers for critical change initiatives and communicating, influencing, and negotiating vertically and horizontally to obtain or leverage resources. Job expectations include delivering regulatory and executive material and ensuring results align to program strategy, simplification, and new capabilities.
The Program Manager oversees a large portfolio of projects for a major functional area within CPO (Chief People Organization) and ensures best practices and industry standards are incorporated for the effective and sound delivery of change. They will lead a group of matrixed resources and may eventually directly manage a team of individual contributors. They will collaborate with process owners and key stakeholders to develop and implement forward-thinking, multi-year strategies for their functional area(s). They will integrate with service delivery, technology, risk and control, vendor management leaders as well as other key stakeholders to drive transformational change. They are strong communicators who are adept at influencing, negotiating, escalating, and resolving complex issues. They drive a high degree of transparency while guiding effective program/project setup, execution, and control, ensuring clear definition of scope, schedule, and outcome.
Responsibilities:
Defines program controls, processes, procedures, reporting cadence, decision governance structures, and ways of working with key stakeholders
Works closely with project sponsors, cross-functional teams, and assigned project managers to develop the scope, deliverables, required resources, work plan, budget, and timing for new change initiatives
Monitors the execution of defined tasks through tracking of program milestones and their statuses, developing program plans, and measuring progress against ongoing key performance indicators
Analyzes, evaluates, and overcomes program risks, and produces program reports for managers and stakeholders
Identifies key requirements for cross-functional teams and external vendors to perform in alignment with the program objectives
Works with other program managers to identify risks and opportunities across multiple projects within the department, leading them to negotiate decision making for efficient and effective resolution
Drives change aligned to CPO strategy with functional area leadership and technology partners to evaluate scope, business cases, funding estimates, and materiality for prioritization of new initiatives
Develops and maintains integrated routines with business, technology, control and other key senior leaders to build positive relationships, identify strategic and tactical opportunities, and manage interdependencies between projects
Engages with key program stakeholders to provide transparency into project issues, escalations, decisions; arms leadership with the right information at the right time
Required Qualifications:
7+ years of program and project management experience with an emphasis on driving large scale change including complex people/process, technology, and third-party vendor transformation
Demonstrated experience managing change in alignment with Enterprise and LOB program/project standards, practices, and related disciplines
Demonstrated planning, scheduling, and critical path management of large scale, integrated change in a highly matrixed environment
Demonstrated ability to seamlessly integrate and communicate across functional and technology leadership, control partners, and other key stakeholders
Desired Qualifications:
Prior experience managing and delivering change within Human Resources
Human Resources product and process knowledge and experience
Procurement, purchasing, or third party vendor management experience
Experience managing direct reports or matrixed resources, supporting talent performance and career pathing activities
Project Management certification
Bachelor’s Degree or equivalent work experience
Skills:
Program Management
Issue Management
Risk Management
Process Design
Process Performance Management
Oral Communications
Project Management
Reporting
Consulting
Problem Solving
Leadership Development
Performance Management
Collaboration
Presentation Skills
Prioritization
Risk and Issue Management
Process Design
Oral Communications
Delegation
Strategic Agility
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - NJ - Pennington - 1500 AMERICAN BLVD - Princeton Place at Hopewell Bldg. 5 (NJ2150)Pay and benefits informationPay range$109,800.00 - $150,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.