Identity & Access Management (IAM) Governance Executive

Bank Of America

Job Location:

Boston, NH - USA

Yearly Salary: $ 240000 - 350000

Posted on: 6 days ago

Vacancies: 1 Vacancy

Job Summary

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. 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!

Summary:

Global Information Security (GIS) is responsible for protecting bank information systems confidential and proprietary data and customer information. GIS develops the banks 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

Role Description:
The Senior Vice President executive of Identity & Access Management (IAM) Governance serves as the enterprise authority for identity governance strategy policy and risk management within Global Information Security. This leader defines and drives the IAM governance vision across the bank ensuring that identity controls technologies and processes align with globally recognized frameworks regulatory expectations and the banks strategic objectives.

The role oversees enterprise-wide global IAM governance including policy standards lifecycle controls access certifications privileged access governance authentication and identity risk metrics anchored to leading industry standards: NIST SP 800634 Digital Identity Guidelines NIST SP 80053 Access Control & Identification/Authentication controls ISO/IEC 27001:2022 Annex A 5.16 Identity Management and FFIEC Authentication & Access Management guidance for financial institutions.

As the global IAM Governance leader you will shape the longterm direction of the IAM technology ecosystem including Identity Governance & Administration (IGA) federation/SSO/MFA privileged access management (PAM) secrets vaulting and directory services and ensure robust auditability regulatory alignment and measurable risk reduction across all identity domains.

Required Skillset:

Expertise in IAM Governance & Control Framework

Deep command of identity standards and regulatory expectations including NIST 800634 (digital identity assurance) NIST 80053 AC/IA controls and ISO 27001 Annex A 5.16 identity lifecycle requirements.

Ability to translate these frameworks into enterprise policy standards and measurable control objectives.

Participate in industry forums and represent the bank as needed to ensure evolution of IAM governance in alignment with peer banks.

Identity Technologies & Architecture Mastery

Extensive experience with enterprise IGA platforms (e.g. SailPoint Saviynt) federation/SSO/MFA (OIDC SAML) directory services and privileged access technologiesconsistent with seniorlevel role expectations in industry postings.

Privileged Access & Zero Standing Privilege (ZSP)

Strong understanding of JustinTime (JIT) privileged access models and riskbased reduction of standing admin privileges aligned with modern PAM best practices.

Regulatory & Audit Alignment for Financial Services

Ability to interpret operationalize and evidence compliance with FFIEC Authentication & Access Guidance as well as global regulatory expectations for layered security MFA and monitoring expectations.

Executive Communication & Governance Leadership

Exceptional ability to articulate technical identity risks residual exposure and compliance posture to senior business leaders regulators Internal Audit Compliance and Operational Risk and relate the same in governance routines.

Enterprise Metrics & Identity Risk Insight

Skilled in designing and governing IAM KRIs/KPIs (e.g. certification quality toxic entitlement reduction IGA onboarding velocity JIT/ZSP adoption) as emphasized in senior IGA director roles.

CrossFunctional Influence & ThreeLinesofDefense Partnership

Ability to influence technology executives CIO organizations BISOs and control partners to drive identity risk reduction and consistent taxonomy and control adoption.

Required Qualifications:

10 years of leadership experience in IAM information security governance risk management or related executive technology functions within large-scale regulated enterprises aligned with senior and executivelevel identity roles.

Proven experience leading large global teams managing executivelevel governance forums and directing complex IAM transformation initiatives.

Demonstrated success overseeing and continually improving IGA federation privileged access secrets management and identity lifecycle modernization programs across hybrid environments.

Experience preparing for and responding to regulatory exams and internal/external audits ensuring alignment to FFIEC requirements and NIST/ISO frameworks.

Track record driving adoption of modern authentication and identity proofing approaches aligned with NIST SP 800634.

Ability to reduce privileged access risk through JIT/ZSP and PAM modernization initiatives in alignment with IAM policy requirements.

Professional certifications preferred: CISSP CISM CISA CGEIT and IAM platformspecific certifications.

Shift:

1st shift (United States of America)

Hours Per Week:

Pay Transparency details

US - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842) US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100)

Pay and benefits information

Pay range

$240000.00 - $350000.00 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.

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. 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...