Sr Operations Project Consultant

Bank Of America

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profile Job Location:

Chicago, IL - USA

profile Yearly Salary: $ 105700 - 140800
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!

Job Description:
This job is responsible for consulting on large complex projects for a Line of Business that may be regional or national in scope. Key responsibilities include recommending policy and procedural changes and developing measurement criteria and project plans such as cost and resource estimates. Job expectations include working with senior management to evaluate current methods and develop strategies to implement changes and improvements brought about by the project.

Responsibilities:

  • Analyzes current state processes existing operations procedures and workflows and discovers pain points to develop approaches for potential solutions including building a business case for improvement recommendations and driving the execution of implementation
  • Coordinates with the business to execute on defined project tasks tracking deliverables and their statuses and measuring progress against ongoing success measures
  • Drives partnerships with operations management to create project impact and provide direction and guidance to internal teams
  • Establishes and maintains relationships with relevant client stakeholders to communicate updates and escalate issues
  • Performs risk management activities to minimize project risks
  • Creates and maintains comprehensive project documentation
  • Leverages business knowledge to identify opportunities for improvement and supports change execution

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America all managers at this level demonstrate the following responsibilities in addition to those specific to the role listed above.

  • Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients aligned to company Great Place to Work goals.
  • Manager of Process & Data: Demonstrates deep process knowledge operational excellence and innovation through a focus on simplicity data based decision making and continuous improvement.
  • Enterprise Advocate & Communicator: Communicates enterprise decisions purpose and results and connects to team strategy priorities and contributions.
  • Risk Manager: Ensures proper risk discipline controls and culture are in place to identify escalate and debate issues.
  • People Manager & Coach: Provides inspection coaching and feedback to motivate differentiate and improve performance.
  • Financial Steward: Actively manages expenses and budgets in alignment with objectives making sound financial decisions.
  • Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
  • Driver of Business Outcomes: Delivers results by effectively prioritizing inspecting and appropriately delegating team work.

Required Qualifications:

  • MS Office Proficiency (Excel Power Point Word PowerPoint) including ability to leverage PowerPoint for presentations.
  • Demonstrated ability to make decisions adapt to change and recommend creative solutions.
  • Excellent written and verbal communication skills
  • Experience with leading and owning projects project management or process improvement
  • Experience building relationships with partners to understand business and communication needs
  • Highly motivated flexible and ability to work in fast paced environment
  • Strong analytical skills in solving issues; ability to think outside the box

Skills:

  • Attention to Detail
  • Change Management
  • Oral Communications
  • Process Management
  • Risk Management
  • Collaboration
  • Customer and Client Focus
  • Decision Making
  • Problem Solving
  • Result Orientation
  • Business Analytics
  • Process Design
  • Process Simplification
  • Recording/Organizing Information
  • Written Communications

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Line of Business Job Profile Summary:

This job is responsible for consulting on large complex projects for a Line of Business that may be regional or national in scope. Key responsibilities include recommending policy and procedural changes and developing measurement criteria and project plans such as cost and resource estimates. Job expectations include working with senior management to evaluate current methods and develop strategies to implement changes and improvements brought about by the project.

Line of Business Responsibilities:

  • Analyzes current state processes existing operations procedures and workflows and discovers pain points to develop approaches for potential solutions including building a business case for improvement recommendations and driving the execution of implementation
  • Coordinates with the business to execute on defined project tasks tracking deliverables and their statuses and measuring progress against ongoing success measures
  • Drives partnerships with operations management to create project impact and provide direction and guidance to internal teams
  • Drives partnerships with vendors and vendor management for Statements of Work contract renewals and performance monitoring
  • Establishes and maintains relationships with relevant client stakeholders to communicate updates and escalate issues
  • Performs risk management activities to minimize project risks inclusive of Model Risk Management
  • Creates and maintains comprehensive project documentation
  • Leverages business knowledge to identify opportunities for improvement and supports change execution

Line of Business Management Responsibilities:

  • Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients aligned to company Great Place to Work goals.
  • Manager of Process & Data: Demonstrates deep process knowledge operational excellence and innovation through a focus on simplicity data-based decision making and continuous improvement.
  • Enterprise Advocate & Communicator: Communicates enterprise decisions purpose and results and connects to team strategy priorities and contributions.
  • Risk Manager: Ensures proper risk discipline controls and culture are in place to identify escalate and debate issues.
  • People Manager & Coach: Provides inspection coaching and feedback to motivate differentiate and improve performance.
  • Financial Steward: Actively manages expenses and budgets in alignment with objectives making sound financial decisions.
  • Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
  • Driver of Business Outcomes: Delivers results by effectively prioritizing inspecting and appropriately delegating team work.

Line of Business Skills:

  • Attention to Detail
  • Change Management
  • Oral Communications
  • Process Management
  • Risk Management (inclusive of Model Risk Management)
  • Vendor Management
  • Collaboration
  • Customer and Client Focus
  • Decision Making
  • Problem Solving
  • Result Orientation
  • Business Analytics
  • Process Design
  • Process Simplification
  • Recording/Organizing Information
  • Written Communications

Schedule: Monday - Friday 8:00AM - 5:00 PM

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

Pay and benefits information

Pay range

$105700.00 - $140800.00 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.

Required Experience:

Senior IC

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...
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About Company

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What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.

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