Anti-Money Laundering Technology Product Owner

Bank of America • Pennington, AL

2d • $135,000 - $217,100 • Onsite

About The Position

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! About the Role: The Bank is undertaking a significant investment to improve the effectiveness of its Anti-Money Laundering (AML) solutions across all of its businesses. As these investments cross many technology silos, a Senior Product Owner is needed to ensure effective coordination across numerous non-production environments that needed to be integrated for effective System Integration Testing (SIT), user acceptance, process design validation and product owner acceptance testing. Job Description: The individual in this role will work with technology leaders aligned to the numerous Anti-money Laundering applications supporting our Consumer, Wealth Management, Private Banking, Global Banking and Markets businesses. In addition, this individual will act as the Overall Test Approver for technology deliverables associated the AML Regulatory Remediation program. This job is responsible for maximizing the value for one or more products. Key responsibilities include working with stakeholders to understand their needs, and with product owners or specialists to ensure they are aligning on priorities. Job expectations include ensuring delivery of products that meet client expectations, including features, security, availability, resiliency, timelines and costs.

Requirements

• 5+ years experience with Anti-Money Laundering as it relates to individuals
• Deep experience in developing UIs / UX best practices
• Ability to negotiate with multiple parties and find acceptable compromise
• Ability to manage in a time-constrained environment
• Can effectively hold others accountable in a matrixed organization
• Sharp analytical thinker
• Strong communication skills

Nice To Haves

• Bachelors Degree in Technology or related field
• Developed UIs for client facing portals
• AML/KYC Subject Matter Knowledge
• Skills: Financial Management
• Influence
• Solution Delivery
• Process
• Stakeholder Management
• Technical Strategy Development
• Agile Practices
• Analytical Thinking
• Collaboration
• Result Orientation
• Risk Management
• Business Acumen
• Business Case Analysis
• Data Management

Responsibilities

• Rigorously follow the Bank's Enterprise Change Management standards to capture business requirements in Jira
• Drive business requirements by Anti-Money Laundering law, rule and regulation changes in the ~40 jurisdictions where Bank of America's Global Banking and Global Markets business operate
• Partner with operations Product Owners as well as Development teams to refine Epic level Acceptance Criteria into achievable solutions relative to the capabilities of the AWARE application (AML Workflow and Rules Engine)
• Participate in daily standups during development & testing, answering questions on the requirements needed for development and testing
• Oversees the budget(s) for one or more products by working closely with finance partners on both personnel and non-personnel expenses
• Provides input into defining business capabilities and aligning them to products or creating new products to support them
• Ensures product availability by partnering closely with demand and capacity teammates
• Develops business cases for new products and additional features for existing products
• Partners with the product owners and the teams to ensure that optimum value is obtained through technology and subject-matter expertise and understanding of the business and industry trends

Benefits

• 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.
• 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.
• Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level