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Business Strategy and Initiative Consultant

Business Strategy and Initiative Consultant

Illinois StaffingChicago, IL, US
3 days ago
Job type
  • Full-time
Job description

Business Strategy and Initiative 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.

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
  • Working 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
  • Building robust issue tracking process to manage all expected deliverables
  • Pro-actively driving forward strategic work-stream deliverables
  • Partnering with Technology groups and establishing relevant controls to ensure all critical dependencies, configurations, etc are identified, understood and managed
  • Writing business specifications for technology required builds and / or enhancements
  • Challenging existing processes to develop synergies, ensure alignment, and / or stronger controls
  • Creating presentations / documents on key strategic initiatives and being able to succinctly show-case the work performed to a Senior Management audience
  • Addressing data gaps, execution of tactical and strategic solutions

Required Qualifications :

  • Basic understanding of risk and / or traded products, or prior Capital Markets experience
  • Familiarity with Basel and other regulatory requirements with an appreciation of issues impacting industry participants
  • Strong documentation and presentation skills
  • Excellent ability to communicate complex issues clearly and concisely
  • Strong technical skills, with experience with JIRA, Excel, PPT, Visio, SharePoint and Access
  • Ability to work both as part of a team and independently with keen attention to detail
  • Strong analytical mindset with attention to detail in work and ability to work with minimal supervision
  • Traded Products knowledge, with exposure to Credit Risk and Basel Rules will be an advantage
  • Advanced proficiency in JIRA, SharePoint, MS Project, MS Excel and MS PowerPoint is required, with meticulous attention to detail and report presentation
  • Desired Qualifications :

  • Project management experience a plus
  • Previous work experience in an Investment Banking, Finance, Risk Management, or Data Reporting will be highly regarded
  • Skills :

  • Adaptability
  • Attention to Detail
  • Collaboration
  • Prioritization
  • Relationship Building
  • Administrative Services
  • Business Acumen
  • Reporting
  • Technical Documentation
  • Written Communications
  • Critical Thinking
  • Policies, Procedures, and Guidelines Management
  • Process Management
  • Risk Management
  • 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, 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.

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