Business Strategy & Intelligence Senior Manager - Director of Strategic Initiatives, Strategy & Business Ventures

Bank of America•Boston, MA

6d•$130,000 - $207,500•Onsite

About The Position

The Strategy & Business Ventures team is an internal strategic consulting function across four of Bank of America’s eight major lines of business, including Retail Banking, Preferred & Small Business Banking, Business Banking and Global Commercial Banking, as well as partner organizations. We build and accelerate new business capabilities such as Client Experience, Product Innovation, FinTech, Strategic Ventures and Portfolio Management by leveraging and developing top talent, all in pursuit of Bank of America’s purpose to help make financial lives better through the power of every connection. We’re a passionate, rigorous, and fun-natured team that thrives in ambiguous and uncertain spaces, rapidly bringing new concepts to market, while building strong horizontal connectivity throughout the organization. We believe that by unlocking the potential within each individual and the collective team, we will have a meaningful, lasting impact on our teammates, clients, communities, and business. We drive responsible growth by: Launching growth plans to reach new markets by leveraging new technologies, expanding our reach with new clients and continuing to solve client needs Building new products and solutions through market sizing, client needs analysis, new product development and more Transforming operations on a national scale Launching new business ventures by developing new business models, piloting growth efforts and forming strategic partnerships

Requirements

5+ years of professional experience leading cross-functional, strategic initiatives to deliver high impact outcomes in the financial services industry
Exceptional strategic thinking and problem solving skills to examine business challenges objectively and develop data-driven analyses, informing go-forward recommendations
Rigorous quality standards and attention to detail for all work products
Outstanding communication, storytelling, and presentation skills (both verbal and written, including PowerPoint), able to concisely summarize key observations, clearly articulate considerations, and propose solutions and next steps
Strong ability to collaborate and engage across functions and business lines and build strong working relationships with business partners at all levels of management
Multiple years of experience managing teammates with responsibility for work quality output, timely work completion, and teammate development
High School Diploma / GED / Secondary School or equivalent

Nice To Haves

Experience in corporate strategy, management consulting, investment banking, or corporate development roles is a plus
Bachelor's degree from an accredited four-year university
MBA or an advanced business degree from a top-tier institution
Direct managerial experience with formal talent management processes

Responsibilities

Own top priority strategic initiatives from ideation through execution – working with business leaders to identify opportunities, scope initiatives, align resources, build project plans, and report on overall progress
Lead project teams by managing day-to-day execution, assigning tasks, providing guidance, and ensuring quality team deliverables
Develop and present actionable business recommendations to advance top business priorities
Guide and mentor junior talent to support their professional growth and development
Represent Bank of America and participate in recruiting and engagement events as a method of top talent acquisition (travel may be required)
Drive results with a high degree of accountability, without direct authority, and with exceptional attention to detail
Champion the Strategy & Business Ventures delivery and development culture
Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
Assesses talent and builds bench strength for roles across the organization.
Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.