Bank of America Corporation
Responsible for developing, modifying and/or maintaining applications in the Global Markets environment. Software developers design, code, test, debug and document programs as well as maintain corporate systems architecture. Employees work closely with business partners in defining requirements for system applications. Employees typically have in-depth knowledge of development tools and languages. Employees are expected to have in-depth global markets product knowledge, and manage a high level of risk. Is clearly recognized as a content expert by peers. Coordinates resources across various applications, operations or projects. Manages employees and makes all decisions on personnel actions including staffing, performance management and comp decision-making. Monitors progress and adjusts resources and priorities accordingly. Typically requires 10 years of applicable experience. This job code is only to be used for employees supporting Global Markets.
Bank of America Risk & Finance Technology (RFT) is responsible for end-to-end technology solutions working across Chief Financial Officer and Chief Risk Officer and organizations.
The End to End Forecasting Program focuses on building an integrated process so that all our forecasting, whether stress for CCAR, baseline for strategic planning and any resolution scenarios are run on the same framework. Additionally, the team is responsible for the current Enterprise Stress Testing technical solutions and reporting platforms and capabilities.
This role requires an experienced and highly skilled professional to play an active role within the E2E Forecasting Program working with the front office Lines of Business, Finance, Treasury, Risk and Tax and other Technology teams within the bank. As an architect, the candidate will help create and manage business solutions to respond to these fast-changing requirements. The candidate will contribute to the software development lifecycle from inception stage through to the final implementation. The candidate would be required to work closely with the developers to define, build and test the solution to support Forecasting submission often working on multiple projects/work-streams at the same time.
Has deep knowledge of business functions and excels leveraging this knowledge in the development of process level views of application portfolios.
Subject matter expert in technology and business and a thought leader for assisting senior technology or business leaders in determining the current and future direction in their area or related areas.
Utilizes in-depth knowledge of technological alternatives, business requirements, and business environments to recommend innovations that enhance and/or provide a competitive advantage to the organization.
Provides leadership and guidance on issues of critical importance to achieving business objectives.
Has extensive & specific business knowledge e.g. Experience in Financial Planning/Forecasting, Stress Testing, Treasury, Credit Risk, Market Risk, Operational Risk, Tax, as well as broad understanding of applications and systems. Translates business needs into technical requirements and ensures all systems conform to business needs and specifications.
Serves as a fully seasoned/proficient technical resource; provides tech knowledge and capabilities as team member and individual contributor.
Extremely strong Comp Sci/STEM background - including advanced data structures, algos, OS, and virtualization techniques (15 Yrs )
Strong grasp of security fundamentals
Experience in large scale enterprise application architecture and implementation
Creative individual with a track record of working on and delivering innovative tech based solutions
Develop sound technology strategies
Ability to build and motivate teams; develop talent
Ability to decompose complex issues and drive timely decisions, knowing when to engage others for additional input, and when to act independently
Ability to develop and foster a strong risk culture
Experience in dealing with vendor relationships (Amazon, Google, Cloudera, IBM)
Jersey City, NJ, 101 HUDSON ST (NJ2101),
- United States
: Yes, 10% of the time
Full / Part-time
: Full time
Hours Per Week
: 1st shift
Bank of America Corporation
Website : http://www.bankofamerica.com
Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The companys Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,100 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The companys Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. Its Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. The companys Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company was founded in 1874 and is based in Charlotte, North Carolina.