Global Markets Credit Portfolio Management - Data Manager, Director
Company: Disability Solutions
Location: New York
Posted on: April 20, 2024
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Job Description:
Job Description:At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. Responsible Growth is how we run our company and
how we deliver for our clients, teammates, communities and
shareholders every day.One of the keys to driving Responsible
Growth is being a great place to work for our teammates around the
world. We're devoted to being a diverse and inclusive workplace for
everyone. We hire individuals with a broad range of backgrounds and
experiences and invest heavily in our teammates and their families
by offering competitive benefits to support their physical,
emotional, and financial well-being.Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization.Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!GMC OverviewGlobal Markets Credit (GMC) is
responsible for ensuring a comprehensive and consistent credit
underwriting and monitoring process for Global Markets lending and
trading activities. GMC partners directly with the Global Markets
front line unit for client selection, underwriting and monitoring
activities to drive revenue growth while maintaining appropriate
risk disciplines. GMC also coordinates engagement with key control
partners including Global Risk, Finance, Credit Review and Audit in
accordance with our Risk Framework.The GMC Portfolio Management
Team is responsible for reporting, data analysis, and portfolio
management of the GMC lending and trading portfolios. The Data
Support Manager will be responsible for the creation, maintenance,
and improvements of reports and data analysis across the GMC
businesses.Job Description:Work with business data users to define
the use of data within risk systems. Recommend remediation of
control gaps and implements effective risk controls of our data
processes and systems. Participate in and lead user acceptance
testing of data control processes. Understand existing risk
systems, data flows, and infrastructure to identify gaps between
business usage of data and current implementations. Recommend
alternate data sources and processes to improve the control
environment. Lead cross functional strategic efforts to remediate
data quality issues. Proactively monitor and remediate incoming
data used in risk measurement and reporting. Ensure the
completeness, validity, and accuracy of data on a daily basis. Work
with other groups as needed, including Middle Office, Sales and
Trading, Technology, Compliance, Operational Risk, and Enterprise
Capital Management to ensure effective controls over data for
GMRM.As a Data Support Manager, Director, you will be integral in
delivering dashboards and data analysis on a timely basis, as well
as contribute and provide support to counterparty portfolio review
reports. The Data Support Manager will contribute to a robust
monitoring environment while working closely with Credit Officers
and Portfolio Managers. You will develop an understanding of Global
Markets Credit as you analyze our Lending and Trading businesses.
The experience level of individuals in this role typically is 10
years or more.Responsibilities:
Keywords: Disability Solutions, Parsippany-Troy Hills Township , Global Markets Credit Portfolio Management - Data Manager, Director, Executive , New York, New Jersey
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