Sr. Data Architect

New York, NY, United States

Job Description:

At Bank of America, we 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!

Job Description:

This job is responsible for the execution of data architectural solutions for complex initiatives that span multiple Lines of Business and control functions. Key responsibilities include facilitating solution driven discussions, working with stakeholders to support adherence to the enterprise data management policy and standards, and supporting architecture design reviews to ensure integration of data architecture principles in technology solutions. Job expectations include educating data management teams on enterprise data architectural principles and data management processes and routines.

Responsibilities:

Partners with various technology teams to establish data solutions and architecture for large, complex initiatives that align with the enterprise data architecture strategy and strategic technology and platform decisions.

Develops clear and concise responses to questions from senior management and control partners regarding the enterprise data architecture strategy.

Manages multiple priorities in a matrixed environment with attention to detail and accuracy.

Communicates effectively to influence agreement between partners and escalates items, as needed, to ensure execution activities remain on track.

Ensures all relevant risk, financial, and compliance policies and standards are met.

Manages relationships with business and technology partners and creates an inclusive and healthy working environment to resolve organizational impediments and blockers.

Educates data management teams on enterprise data architectural principles, processes, and routines.

This individual will be a test lead in the Enterprise Independent Testing organization responsible for driving data quality test execution.   This includes determining the correct test methodology and managing the execution.  The individual will be collaboratively working with a team of 10 or more onshore/offshore resources as part of a critical Enterprise SOX control.  The Testing lead, in collaboration with Testing Shared Services ensures accountability for the completion of testing activities in a timely manner and in alignment with the Independent Testing- Enterprise Policy & Standard. The role will be dynamic in nature and require the individual to be able to handle diverse work efforts. This role contributes to the identification of themes and trends at the front-line unit, control function and enterprise level. Role is expected to evolve as organization matures and this manager is expected to drive that evolution.

Core responsibilities include, but not limited to the following:

•             Design and manage testing based on Enterprise needs for both SOX test coverage and In-Line Review of 14 Q/M, FFIEC 031, etc. reports

•             Experience in the financial services working with large banking clients extensively on engagements involving regulatory reporting system testing and implementation, regulatory data quality, report assurance.

•             Thorough understanding of Regulatory Capital Framework, BASEL III standardized and advanced approaches, Country Risk Reporting, Liquidity Reporting, RWA Calculations and Interpretations

•             Involved in regulatory reporting system testing and implementation, regulatory data quality, report assurance

•             Determine appropriate and defendable conclusions for test efforts based on test type, sampling and scope

•             Evolve testing methods and processes in support of Op Ex including increasing efficiency and coverage while reducing stakeholder impacts

•             Manage ad hoc efforts (projects, etc.) and SIAI/audit issues from initiation through completion

•             Manage and develop a robust and nimble team and drive the transformation of skillsets to support new testing approaches

•             Accountable for quality testing execution, reporting and analysis of results

•             Manage the relationship with external consultants, front line unit (FLU) /Control Function (CF) Compliance and Operational Risk groups

•            Participates in routines involving senior leaders across Enterprise Independent Testing (EIT), Enterprise Data Strategy, Global Compliance and Operational Risk (GCOR), Governance & Operations (EDSG&O), Global Risk Management, CFO Group, Technology & Operations to share testing progress, results and assist with strategic planning efforts

•             Participates in routines involving FLU/CF, Compliance and regulatory agencies and interact with senior auditors both verbally and in writing"

Skills:

Architecture

Business Analytics

Critical Thinking

Data Management

Data Visualization

Consulting

Data Modeling

Process Design

Regulatory Compliance

Risk Management

Cloud Solutions

Collaboration

Data Governance

Talent Development

Technical Strategy Development

Qualifications:

7+ years of experience in Regulatory & Legal Support on risk data and regulatory matters; covering assessment, design, and implementation of regulatory report production processes.

Performed various assurance activities to identify and analyze the gaps in the reporting, e.g., FR Y 9C, FR Y-15, FFIEC 031, FFIEC 009, FR 2052a and FR Y 14Q.

Test management (focus on sampling, test objectives/ conclusions, test results interpretation, etc.) experience

The assurance activities involves Conformance Testing and Transaction Testing.

Quality assurance activities involving the testing of end-to-end data flow, transformations and logics implemented in different reporting tools such as AXIOM and OFSAA.

Strong oral & written communication skills and comfortable presenting to a wide variety of audiences

Comfortable leading and influencing with and without direct authority.

Resourceful/ proactive in situations when not all information is available or there is no apparent “right” answer.

Desired Qualifications:

Bank of America Domain Knowledge

Strong analytical skills including excel skills (, pivot and other excel analytics features)

Experience as part of an Audit organization or a deep history of interactions with Audit (Internal and External)

Strong Project Planning/Management

Basic knowledge of Tableau and/or other reporting tools

Process development

Familiarity Policy/Governance and Data Related Laws, Rules, Regulations

Shift:

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

40