Quality Control and User Relationship Project Manager At Bank of America

Job Description:

Performs project mgmt responsibilities relating to IT implementations, upgrades, conversion and recovery. May also provides analytical support for IT projects. Develops and revises project materials and maintains project documentation. Defines and evaluates problems and plans effective solutions. Recommends improvements in project deliverables. Assists in defining the scope and impact of projects and effectively communicates the impact on the organization. Establishes project tasks, timelines and budgets and effectively manages them. Individual contributor role. Typically requires 5-7 years of applicable experience. This job code is only to be used for associates supporting Capital Markets.

Cosmos is a global, cross asset initiative in a recently created Post Trade Processing team in FICC Technology. Although all trading platforms used in the front office have some notion of trade lifecycle, each has a different implementation. As a result it is impossible to obtain a consistent view of the trade lifecycle activity that has occurred across these platforms. At the same time there is increasing demand to provide reports and analyses based on the trade lifecycle activity that occurs, and to do so across lines of business and trading systems. In particular, many of the enterprise and regulatory programs that need to be delivered in upcoming years require access to this data in a timely, reliable, and consistent manner. This inconsistent view of the trade lifecycle activity also is the source of downstream inefficiencies in non-standardization and required manual processing and controls. The scope of Cosmos spans from trade capture through to downstream operation processing across all asset classes.

Responsibilities:

Required to interact with senior management inside and outside of technology, including Trade Control and Core Operations teams.

Responsible for cross asset quality improvement projects for the Post Trade Processing team.

Coordination of user requirements and user impact with our global partners in Trade Control and Core Operations.

Work closely with managers and executives to evaluate current methods and processing inefficiencies in developing strategies to implement strategic changes and technology improvements related to trade processing standardization.

Assist in the creation and approval of business cases to present to senior executives for project funding. Manage the analysis of assembled data to define problems, which would include cost/benefit analysis and scope of the project.

Responsible for the proper documentation of existing and target procedures, workflow, user requirements.

Partner with the PTP COO to design and implement an effective employee engagement program across PTP: ESAT, talent planning, learning and development, Diversity and Inclusion and associate communications. Organize the logistics and presentations for the all-hands calls and town halls for the head of PTP.

Represents PTP during non US hours, bridging India and the US.

Required Skills:

• BS or BA, Masters degree a plus.
• 10+ years relevant experience in financial derivatives processing/project management.
• Strong quantitative and analytical abilities; must know how to use data to communicate the business story.
• Exceptional interpersonal skills.
• Strong communication and presentation skills; both written and verbal.
• Requires an in-depth knowledge of the bank and overall technology and operations environment so that the impact of all initiatives are well defined. (Decisions made during the project may have significant impact affecting more than the project area.)
• Experience with Process Design/Improvement, Governance, Reporting, UAT
• Ability to lead projects with interwoven timelines and competing priorities while exhibiting flexibility to appropriately adapt when necessary.
• Ability to decompose complex issues and drive timely decisions, knowing when to engage others for additional input and when to act independently.
• Strong and proven ability to deliver results through influence and leadership rather than formal authority.
• Product knowledge in both Fixed Income and Equity Derivatives is highly desirable.

Shift:

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