Business Strategy and Initiative Consultant

Business Strategy And Initiatives Consultant

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 Business Strategy and Initiatives Consultant leads diverse business operations / business control functions within Enterprise, LOB or ECF Compliance functions. Functions that are managed may include : financial oversight & integration, compliance process oversight, staffing process execution, service quality, process improvement, business continuity, SPOC control, workplace management and communication. This role may consult with senior management to define and lead projects that encompass and impact many employees. The Business Strategy and Initiatives Consultant requires a thorough knowledge of the department or business unit's functional area. This role assists with execution of key strategic initiatives and participates in business / strategic planning process within Enterprise, LOB or ECF Compliance functions. The Business Strategy and Initiatives Consultant has a working knowledge of general bank policies, programs and procedures.

Responsibilities :

• Coordinating responses to audit or regulatory issues and exam management planning
• Leading projects to ensure compliance with operational risk management requirements, including procedure documentations
• Work with delivery owners / SMEs across department and locations to ensure that deliverables and milestone deadlines are met, documented and timely updates are communicated to relevant stakeholder groups
• Build robust issue tracking process to manage all expected deliverables.
• Required to pro-actively drive forward strategic work-stream deliverables.
• Work with delivery owners / SMEs across department and locations to ensure that deliverables and milestone deadlines are met, documented and timely updates are communicated to relevant stakeholder groups.
• Partner with Technology groups and establish relevant controls to ensure all critical dependencies, configurations, etc are identified, understood and managed.
• Write business specifications for technology required builds and / or enhancements.
• Challenge existing processes to develop synergies, ensure alignment, and / or stronger controls.
• Create presentations / documents on key strategic initiatives and be able to succinctly show-case the work performed to a Senior Management audience.
• Address data gaps, execution of tactical and strategic solutions.

Required Qualifications :

Desired Qualifications :

Skills :

Shift : 1st shift (United States of America)

Hours Per Week : 40

Pay Transparency details US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540) Pay range $80,000.00 - $115,600.00 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.