Alternative Investments Business Governance Associate

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 a diverse and 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.

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 identification and management of business governance issues associated with the delivery of retirement products and services.

The Alternative Investments ("AI") group at Bank of America offers distinctive capabilities focused on sourcing and delivering differentiated complex investment strategies to clients including Private Equity and Hedge Funds products.

The Investment Solutions Group ("ISG") Product Governance Team is responsible for fostering a best in class operating and risk management culture across ISG product organizations. The team collaborates with all the product groups across ISG to understand the different products and processes in order to ensure consistent operations, controls and governance.

The team is looking for a highly motivated individual to participate of key initiatives and support business oversight risk routines across the AI and Investment Solutions Group ("ISG") product organizations. This position will report directly to the Head of ISG Product Governance.

Responsibilities:

• Participating initiatives designed to enhance controls and governance and oversee their implementation
• Manage governance committees, counsels, forums, and working groups
• Working collaboratively with business units and other control groups on key organizational projects
• Create, Update and Maintain policies and procedures
• Performing business oversight processes for AI, PRS, and the Investment Solutions Group

Required Qualifications:

• Strong organizational skills; ability to work independently and manage to aggressive deadlines
• Ability to multi-task, managing various tasks and deliverables with simultaneous deadlines
• Ability to build effective relationships
• Flexibility and quick adaptation to changing priorities, methodologies, processes and systems
• Proficient in Microsoft Office (Intermediate Excel (Vlookup, Pivot tables, charts, etc.), PowerPoint
• Background in corporate governance or alternative investments is a plus but not required

Desired Qualifications:

• Bachelor's degree or equivalent experience
• 2-5+ years financial services or related field experience

Skills:

• Controls Management
• Organizational Effectiveness
• Regulatory Relations
• Risk Management
• Written Communications
• Adaptability
• Issue Management
• Monitoring, Surveillance, and Testing
• Oral Communications
• Stakeholder Management
• Policies, Procedures, and Guidelines Management
• Process Management
• Process Performance Management
• Reporting
• Research

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$80,200.00 - $135,900.00 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.