Privileged Access Management (PAM) Analyst (Chicago)

Job Opportunity At Bank Of America

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!

Global Information Security (GIS) is responsible for protecting bank information systems, confidential and proprietary data, and customer information. GIS develops the bank's Information Security strategy and policy, manages the Information Security program, identifies and addresses vulnerabilities and operates a global security operations center that monitors, detects and responds to cybersecurity incidents.

Within GIS, Identity and Access Management (IAM) is a security discipline that enables the right individuals to access the right resources at the right times and in the right context. IAM addresses the mission-critical need to ensure appropriate access to the resources across increasingly heterogeneous technology environments, and to meet increasingly rigorous compliance requirements.

This role is primarily responsible for ensuring that relevant Privileged Access Controls are adequately enforced across platforms and applications to comply with IAM Standard.

Partner with PAM Governance leads to ensure that Privileged Access Controls are appropriately measured, reported, and governed.

Apply industry PAM best practices, templates, and documentation while also proposing improvements based on practical knowledge.

Document and convey PAM related requirements to technology partners to build / implement enhanced PAM solutions that are efficient, effective, and modern and able to result in material risk reduction in a sustainable manner.

Collaborate with stakeholders to develop PAM requirements that iteratively support long term PAM modernization and transformation (covers Process, Data, and Technology aspects).

Provide education to team members and technology partners regarding the proposed changes to PAM controls.

Partners with the policy governance team for socialization and publication of proposed changes to the PAM Standard.

Takes accountability for addressing PAM risks. Proactively identify risk and ways to continuously enhance and improve BAC's PAM controls. Implement and take decisive actions in finding solutions. Drives towards intended outcomes.

Engage senior management to provide factual, transparent, and timely reporting on existing and emerging PAM or information security risks.

Active participation in GIS IAM / PAM forums including but not limited to Monthly IAM Stakeholder Forum and Control Owner Forum for standard and Single Process Inventory (SPI) enhancements.

Supports audit issues for closure and sustainability.

Required Qualifications :

3+ years relevant hands-on experience in PAM in complex and heterogeneous technology environments.

Deep experience with Linux, Windows, Cloud scale Identity, Access Management (Single Sign-On, Multi Factor Authentication), Authorization services or design and architecture of PAM services.

Deep knowledge of bank financial practices and policies and ability to adapt to a fast changing environment.

Working level experience with IAM platforms such as Ping Identity, Active Directory OpenLDAP, OpenDJ.

Experience in consumption of Web Service APIs such as JSON / XML.

Hands on experience and involvement in large and complex projects.

Expertise :

Expert level knowledge of privileged access management methodologies and techniques for on-prem and Cloud implementation.

Expert level knowledge of authentication platforms such as Active Directory, LDAP, Kerberos, Radius.

Expert knowledge of PAM related tools which support session proxy, vaulting, just-in-time provision, integration with service management tool would be an advantage.

Deep security knowledge which covers core technology infrastructure (network, storage, servers, databases, etc.) identity management and application security practice.

Deep knowledge on Federation platforms or protocols such as Oauth, OpenID, SAML, WS-Fed, etc.

Good knowledge and understanding of PAM-specific laws, rules, and regulations within the financial services sector.

Proficient in Microsoft Office suite of products with ability to quickly analyze and synthesize large volumes of data.

Familiarity with security standards such as NIST, ISO / IEC, FFIEC.

Shift : 1st shift (United States of America) Hours Per Week : 40

Pay Transparency details : Pay range $78,200.00 - $137,700.00 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.